Cannabis Countdown: Top 10 Marijuana Stock News Stories Of The Week
Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana stock news stories for the week of October 21st – 27th, 2019.
Without further ado, let’s get started.
Red White & Bloom CEO Brad Rogers Was The Talk of The Event
GTII vs MMEN – Which U.S. MSO Offers a More Attractive Investment?
- The case for Green Thumb (CSE:GTII) (OTCQX:GTBIF)
- The case for MedMen (CSE:MMEN) (OTCQX:MMNFF)
- Financial Comparison and Conclusion
CannTrust Says it Submitted a ‘Remediation Plan’ to Health Canada to Regain Compliance
CannTrust Holdings (TSX:TRST) (NYSE:CTST) is laying off 140 employees, or roughly 25% of its remaining workforce. The layoffs will occur in phases between late October and the end of 2019 and are expected to save the company approximately $400,000 per month.
TGOD Asked $94.2 Million in a Leaseback Deal, There Were No Takers
The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) says it has taken its Ancaster, Ontario greenhouse off the market after attempting to sell the facility through a leaseback arrangement earlier this month. TGOD had invested $107 million in the facility and its equipment.
$70 Million Private Placement to be Led by Company Insiders and Long-Term Investors
The Cannabis Giant is Widening its European Footprint
Canopy Growth (TSX:WEED) (NYSE:CGC) announced that its Spectrum Therapeutics division has obtained licenses from the Medicines and Healthcare Products Regulatory Agency (MHRA) and Home Office to store and distribute cannabis-based medicinal products in the United Kingdom.
Prices Are Lower Today, and the Ratio Looks Better for Many of These Companies
The cannabis industry has attracted many growth investors over the past few years, but the steep decline across the board has left some companies that I think should appeal to value investors.
Mexico is Very Close to Opening a Huge New Legal Recreational Pot Market, But the News Might Not be as Great for Marijuana Stocks as you Think
The Portfolio of Drinks Hitting Shelves in Canada Will Be Called Flow Glow
Former Canopy Growth Boss Sounds Off on Current State of Canadian Cannabis Market
Canada can maintain its place as global weed kingpin if it would only “Wake Up and Smell the Bud.”
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