News

Cannabis

High Hopes: Cannabis Stocks, Big Tobacco and M&A

Tradier | Equities.com |

Market expectations that the Biden Administration and Congress would support federal legislation to legalize cannabis led pot stocks to peak levels in early 2021. But when legalization took a backseat to other initiatives, cannabis stocks trended downward as the year wore on and continued to do so through the first seven months of 2022.

Federal legalization remains critical to the industry's growth. At the moment, just 37 states...


Medical Cannabis Firm PharmaCann Files Confidentially for IPO

Kimberly Redmond | Equities.com |

PharmaCann, one of the largest medical marijuana companies in the US, plans to go public this fall in a deal that could value the company well in excess of $1 billion.

Citing sources familiar with the matter, Reuters reported on Monday that the Chicago-based company is likely to dual-list its shares on the Canadian Securities Exchange (CSE) and on the US over-the-counter market.


Legal Cannabis Sales Hit Record Levels Over Thanksgiving Weekend

Reuters | Equities.com |

U.S. cannabis sales hit record levels over the Thanksgiving weekend, prompting industry predictions that the combination of COVID-19 anxiety and a trend towards legalization has triggered a permanent uplift in demand.

After years of sluggish official sales, buying soared in early March and April when lockdowns began and consumers, fearing supply disruptions, stockpiled the drug.

Though many expected the initial surge to fade, monthly sales have kept hitting records.


Cannabis Executives on Turbulent Markets: “Don’t Panic”

Lucas J. Wentworth | Equities.com |

How should cannabis companies approach the great slump?


3 Important Things that Happened in the Cannabis Sector This Week

Stephen L Kanaval | Equities.com |

This week Canopy Growth's fiscal Q3 2020 results gave the industry some hope.


​Aurora Loses C$1.3 Billion and Other Cannabis News

Stephen L Kanaval | Equities.com |

Aurora reported its fiscal Q2 2020 numbers, and they were predictably dismal.


3 Important Things That Happened in the Cannabis Sector This Week

Stephen L Kanaval | Equities.com |

The departure of Aurora's Terry Booth is the biggest news in the cannabis market this week.


3 Important Things That Happened in the Cannabis Sector This Week

Stephen L Kanaval | Equities.com |

MedMen's woes are front and center.


Which European Countries Cannabis Investors Should Watch in the New Decade

Lucas J. Wentworth | Equities.com |

The European cannabis market, in the most general sense, is still in its earliest stages, but it's already shaping up to be the largest.


3 Important Things that Happened in the Cannabis Sector This Week

Stephen L Kanaval | Equities.com |

ACB, GWPH and Organigram Holdings makes the list.


Sponsored Financial Content

Market Movers