Sushree Mohanty
I am Sushree Mohanty, a financial analyst with eight years of experience in finance, retail, and operations management. I first joined Market Realist in 2015. I covered macroeconomics, consumer stocks, and the real estate sector. Currently, I am fascinated with the cannabis industry. I love digging deeper into this vast marijuana sector and provide a detailed and interesting analysis. I have a bachelor’s degree in business management, specializing in finance. I am also a CFA Level 2 candidate.
Creativity is my forte. Besides financial writing, I also love writing on general topics, life-changing experiences, and spirituality. I am an artist-singer, painter, and dancer. I love traveling and learning about various cultures. I am also a fitness enthusiast and a fighter by passion.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Sushree Mohanty
Marijuana: Why Did Mexico Delay Legalization?
Mexico has delayed marijuana legalization. The Supreme Court’s deadline for legalization was October 23. The delay could stretch into November.
The Week Ahead: Key Dates in Consumer from May 22–26, 2017
In this part of the series, we’ll look at the important events for the week ahead, from May 22–26, 2017.
Why Marijuana Is Thriving in Colombia
Colombia legalized medical marijuana in 2015. Now, it’s working on its booming medical cannabis industry. Let’s take a look at how.
Marijuana Legalization: Democrats and Republicans’ Opposing Views
Democrats and Republicans have always had opposing views about marijuana legalization. Republicans could gain voters if they support legalization.Cannabis Know the Pros and Cons of Cannabis Edibles
Deloitte says that the Canadian edibles market could reach 2.7 billion Canadian dollars per year. Cannabis 2.0 could help cannabis stocks recover.
Why Canopy Growth Acquired BioSteel Sports Nutrition
On October 2, Canopy Growth (CGC) announced its purchase of a 72% stake in BioSteel Sports Nutrition. CGC stock closed with a gain of 1.6% yesterday.
The Economic Costs That Come with Climate Goals
Climate-related policies and a transition to a low-carbon economy require capital, and most countries are already burdened with high debt.
Cannabis Legalization: Dark Clouds Loom Post Debate
Cannabis legalization is gaining traction not only in the US but also globally. The third presidential Democratic debate was held on September 12.
How Is Bunge Expanding Oilseed Segment’s Global Presence?
In the Oilseeds segment, Bunge’s focus has been to enhance its footprint in the major growth regions.
Are Cannabis Edibles Coming to Maryland Soon?
Recreational cannabis isn’t legal in Maryland, but the state has been trying to launch edibles as part of its medical marijuana program.
What Could Hamper Tyson Foods’ Revenue in 3Q16?
Tyson Foods is expected to report lower revenue in 3Q16. The export markets will likely be challenged moderately in 2016. This could hamper its revenue.
Marijuana Legalization Catches Federal Reserve Bank’s Attention
The spotlight is on marijuana legalization as the demand keeps surging. More states have stepped up to legalize either recreational or medical cannabis.
Raymond James Is Cautiously Optimistic about Cannabis Stocks
So far, cannabis stocks have rebounded in 2020, which investors expected. The marijuana industry struggled in 2019. Overall, the rebound will take time.
Will Hexo Continue to Struggle in 2020?
For the second quarter of fiscal 2020, analysts expect Hexo’s revenue to grow 25.5% YoY (year-over-year) to 16.8 million Canadian dollars.
Cannabis Sales Decline Across Canada—Why?
In October, Canada completed the second phase of recreational cannabis legalization. This was expected to help drive sales. But that hasn’t been the case.
Why Does Jim Cramer Like Cronos Group and Aphria?
Cronos Group and Aphria are Jim Cramer’s top picks in the cannabis sector. Aphria’s upbeat earnings results restored investors’ faith in the sector.
Aurora Cannabis: Q3 Revenue Beat the Estimates
Aurora Cannabis saw less of an impact from COVID-19 in the third quarter. Cannabis is an essential item amid the pandemic.
United Airlines’ Q2 Results Paint Bleak Outlook for Airlines
United Airlines reported its second-quarter results on July 21. The quarter hit airlines hard, and they suffered huge losses owing to almost-zero demand.
U.S. States With Legal Recreational Marijuana Use in 2020
Recreational marijuana laws vary between states. Elections are around the corner, and more states have recreational use laws on the 2020 ballot.
Marijuana Legalization Hopes Rise in Nebraska for 2020
Marijuana legalization hopes never really ended in Nebraska. Signature gathering paused in the state amid the pandemic and the lockdown.
Marijuana Legalization Still Has a Chance in Idaho
Marijuana legalization in Idaho had to bear the brunt of the coronavirus pandemic. The lockdown forced the state to suspend its medical marijuana campaign.
Delta Air Lines Reports Wider-than-Expected Losses in Q2
Delta Air Lines’ adjusted revenue, excluding refinery sales, came in at $1.2 billion. The airline saw a capacity reduction of 85%.
Goldman Sachs Upgraded Southwest Airlines to ‘Buy’
Southwest Airlines stands out due to its strong balance sheet. A Goldman Sachs analyst is bullish about the stock making a strong recovery.
Cannabis Market in Illinois Grows, Challenges Remain
The growth in Illinois’s cannabis market is evident from its record sales in May. The state sold adult-use cannabis worth $44.3 million in May.
JetBlue Airways Announces Growth Plans amid COVID-19 Crisis
On June 18, to support revenue recovery, JetBlue announced that it will add 30 domestic routes, especially in its leisure markets.
Why Does Jim Cramer Favor Southwest Airlines?
Southwest Airlines (NYSE:LUV) has been gearing up to give other airlines though competition. Air travel demand has been picking up again.
Bermuda Seeks Public Feedback on Legal Cannabis Market
Bermuda wants to expand its legal cannabis market. The government wants public feedback before the upcoming Bermuda Parliament sessions.
Cannabis Market Has Good Potential in Illinois
The cannabis market in Illinois has been growing despite the COVID-19 pandemic. Illinois legalized recreational cannabis on January 1, 2020.
Marijuana Legalization Attempts in New York amid Protests
George Floyd’s death has led to mass protests in the US. Notably, social injustice was one of the main motives behind legalizing marijuana.
MedMen Temporarily Closes Stores amid Protests
Amid the protests following George Floyd’s death in the US, MedMen temporarily closed all of its stores. The stock fell after the news.
Will MedMen’s Q3 2020 Earnings Be a Relief?
MedMen Enterprises (OTCMKTS:MMNFF) is scheduled to report its financial results for the third quarter of fiscal 2020 on May 27 after the market closes.
Why Aurora Cannabis Stock Surged 68% on May 15
Aurora Cannabis (NYSE:ACB) reported its third-quarter results on May 14. The earnings report was a surprise for most analysts and investors.
Spirit Airlines Reports Q1 Losses, Plans to Cut Costs
Spirit Airlines (NASDAQ:SAVE) reported its results for the first quarter of fiscal 2020 on Thursday. The company’s first-quarter revenue missed the estimates.
What to Expect from Spirit Airlines’ Q1 Results
Spirit Airlines (NASDAQ:SAVE) will likely report its results for the first quarter of fiscal 2020 on May 7 when the market opens.
JetBlue Airways’ Q1 Earnings: Losses Could Rise in 2020
JetBlue Airways (NASDAQ:JBLU) will likely report its results for the first quarter of fiscal 2020 on May 7 after the market opens.
American Airlines’ Q1 Earnings and Cost Initiatives for 2020
On Thursday, American Airlines reported its results for the first quarter of fiscal 2020. The company reported lower revenues and higher losses.
Will Hexo Rebound with Its Molson Coors CBD Deal?
Hexo (TSE:HEXO) has been struggling for a while now and things aren’t looking good. The stock has lost close to 70.2% year-to-date.
United Airlines Will Sell 22 Planes to BOC Aviation amid COVID-19
United Airlines (NYSE:UAL) has fallen 3.7% in pre-market trading as of 7:03 AM ET today. The airline industry has been hit hard by the COVID-19 pandemic.
Aurora Cannabis Stock Falls on Reverse Stock Split Decision
Aurora Cannabis announced its plan to raise capital and strengthen its liquidity position through a reverse stock split amid the financial crisis.
Should Joe Biden Support Marijuana Legalization?
Marijuana is gaining a lot of attention amid the coronavirus pandemic. Many people think that Joe Biden should support marijuana legalization.
Idaho Suspends Marijuana Legalization amid Coronavirus
Medical marijuana legalization won’t happen in Idaho in 2020 due to the coronavirus pandemic. The ICC couldn’t gather the required signatures.
Marijuana Legalization Won’t Happen in New York in 2020
New York lawmakers decided to delay marijuana legalization due to the COVID-19 pandemic. As a result, New York won’t see marijuana legalization in 2020.
MedMen Withdrew Its Guidance amid COVID-19 Pandemic
MedMen stock fell by 12.0% on March 30 after the company released some corporate updates. MedMen has been struggling with a cash crunch.
Arizona Continues Marijuana Legalization Plans in 2020
Marijuana activists in Arizona started the “Smart & Safe Arizona Initiative” as a ballot measure for 2020. The group gathered enough signatures.
COVID-19 Pandemic Made Marijuana an Essential Item
Amid the coronavirus pandemic, marijuana has become an essential item in many US states. As a result, there was a surge in cannabis demand.
Cannabis Industry Awaits FDA’s Approval for CBD Products
The FDA doesn’t allow CBD products to be used as a food derivative. The agency has been hesitant about how some cannabis companies market CBD products.
Cannabis Stock: Will Hexo Get Delisted Next?
Hexo (TSE:HEXO) has been struggling for a while now. The string of bad news started in October 2019 when CFO Michael Monahan resigned.
Tennessee Approved Medical Marijuana, Included a Poison Pill
The Tennessee Senate passed a medical marijuana bill due to the rising benefits of medical marijuana. However, the bill includes a poison pill.
Aurora Cannabis Falls 60% in 2020, Might Get Delisted
Aurora Cannabis (NYSE:ACB) stock has fallen below $1 on the NYSE, which puts it at the risk of being delisted from the exchange.
Marijuana Legalization Could Reduce Illegal Market Demand
The marijuana legalization process in US states is speeding up in 2020. Many new states are coming up with their own proposals to legalize marijuana.
