US Cannabis Legalization: The Latest Updates
Medical cannabis is legal in 33 US states, recreational cannabis is legal in 11, and 15 states have decriminalized it. These numbers might soon increase.
Aurora Eyes the US Cannabis Market
Aurora Cannabis (ACB) (ACB.TO) is a Canadian cannabis giant, but the company’s plans to enter the US market keep getting delayed.
Cannabis: Legal Market versus Black Market
The cannabis industry has been growing exponentially for the past few years. As the cannabis market keeps growing, the black market is growing too.
Aurora Cannabis Gets Product Approval in Ireland
Aurora Cannabis recently received approval to use one of its oil products under Ireland’s Medical Cannabis Access Programme.
Raymond James on Cannabis Sector Outlook
After a long stretch of time, the cannabis sector had a good week as some of the companies reported profits. Many analysts see this as a positive sign for investors in the industry. Rahul Sarugaser, an analyst for Raymond James, recently pointed to the improvements in the US legal framework as well as the Ontario […]
Aurora Cannabis Opens Flagship Store in Edmonton
Aurora Cannabis has announced the opening of its new flagship retail store. This new operation is located in the West Edmonton Mall in Edmonton, Alberta.
Is the Cannabis Industry Dead or Alive?
The cannabis industry has seen massive growth in recent years, but marijuana stocks have been plummeting lately. Are these indications of a dying industry?
Aurora Cannabis Hit with Securities Lawsuits
Recently, three law firms filed lawsuits against Aurora Cannabis to investigate claims representing the buyers of Aurora Cannabis securities.
Illegal Cannabis Market Overshadows Legal One
Cannabis companies expect Cannabis 2.0 to improve their top lines and profitabilities. However, illegal cannabis already has a considerable market share.
Analyst Price Target
HEXO Corp: Analysts’ Ratings and Price Target
HEXO Corp (HEXO) is a Canada-based cannabis company. Recently, the company announced its fourth-quarter results for the period ending on July 31, 2019. The company’s revenue missed the estimates of the analysts. HEXO’s stock value fell by 20% from the time of the earnings release. Also, the company’s stock is currently traded at $1.79. HEXO’s […]
Cannabis Sector: The Worst Isn’t Over
The cannabis sector is running high on negative sentiment after two of its biggest players reported disappointing earnings on November 14.
Analyst Price Target
Tilray Struggles Post-Q3 as Most Analysts Say ‘Hold’
Like many of its peers, Tilray is struggling after its fiscal 2019 third-quarter release. Though its revenue met estimates, its stock continues to slide.
Aurora Cannabis’s Earnings Coming after Hours
Aurora Cannabis (ACB)(ACB.TO) plans to announce its earnings after the market closes. However, its stock is already trading on a weak note.
Hemp Farming in the US: What’s the Latest?
Hemp was legalized in the US last year as part of the Farm Bill of 2018. Let’s see how this crop has turned out for hemp farmers.
Second Cup Coffee: Changing Cannabis Culture
Second Cup. Ltd (SCUPF) announced today that it’s changing its company structure. In addition, the company plans to change its strategy. Essentially, the company will change its name to Aegis Brands. Under the new structure, Aegis Brands will own the Second Cup brand. In addition, the brand portfolio will include other cannabis and food business. […]
Cannabis Earnings: Top Three Things to Consider
Next week, several top cannabis companies are reporting their earnings results. Here’s what to watch for if you’re an investor.