-
Jefferies Upgrades Tilray On EU, US Prospects
Friday, May 7, 2021 - 11:35am | 319Read More...The merger between Tilray Inc (NASDAQ: TLRY) and Aphria was a “perfect match” and the entity could generate pro-forma sales growth of 33% between fiscal 2021 and 2024, according to Jefferies. The Tilray Analyst: Owen Bennett upgraded the rating for Tilray from Underperform to Buy, while...
-
The Cannabis Industry Should Lead ESG Adoption
Monday, May 3, 2021 - 11:05am | 1054Read More...This article By Robert Hoban was originally published on Forbes and appears here with permission. Last year reminded many folks about the vital importance of integrating social, environmental, and corporate governance (ESG) principles into business. Simply put, to not do so is to be left behind....
-
Joining The Cannabis Industry: Things You Need To Know
Thursday, April 29, 2021 - 12:13pm | 989Read More...By Liya Cox. As the cannabis industry continues its progress in the U.S. and abroad, there are several entrepreneurs showing interest in getting involved in this line of business. Several existing businesses are also looking to expand their horizons and get into the cannabis business. There are...
-
Cannabis Countdown: Top 10 Marijuana And Psychedelics Industry News Stories Of The Week
Tuesday, April 27, 2021 - 10:29am | 2334Read More...Cannabis Countdown: Top 10 Marijuana and Psychedelics Industry News Stories of the Week Welcome to the Cannabis Countdown, the Legal Marijuana Industry’s Number One Curated Weekly News Recap. In This Week’s Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelics...
-
Cannabis Taxes: 'More' Tax Required To Rid The (IRS) Snake In The 'Grass'
Tuesday, April 20, 2021 - 3:57pm | 853Read More...TAKEAWAY: • With two full years of public company disclosures, we provide a detail analysis that suggests minimum federal excise tax of 10% upon the end of federal prohibition. • The MORE Act currently includes a 5% excise tax (with a gradual increase to 8% over three years)...
-
Why Cowen Loves These 3 US Cannabis Stocks
Tuesday, April 20, 2021 - 1:53pm | 295Read More...The U.S. House of Representatives passed legislation on Monday to allow banks to provide services to cannabis companies in states where it is legal. Republicans are increasingly warming up to adult-use cannabis legalization given the jobs and tax revenue opportunities, Cowen Inc. analyst...
-
If You Invested $1,000 In Sundial Growers Stock 1 Year Ago, Here's How Much You'd Have Now
Sunday, April 18, 2021 - 12:29pm | 646Read More...Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 47.3%. But there is no question some big-name stocks performed better than others along the way. Sundial’s Bumpy Ride:...
-
Cannabis Crowdgrowing Could Revolutionize The Industry
Friday, April 16, 2021 - 11:13am | 839Read More...This article by Johnny Green was originally published on Cannabis & Tech Today, and appears here with permission. Thanks to global cannabis reform victories, the legal industry is spreading to virtually every corner of the planet through new concepts like crowdgrowing. Cannabis...
-
Willie Nelson, Luck Presents To Hold Virtual Cannabis Convention As Part Of 'High Holidays' Celebration
Friday, April 9, 2021 - 8:10am | 363Read More...Willie Nelson and Luck Presents will hold a virtual cannabis convention Luck Summit: Planting the Seed, on April 26, reports Rolling Stone. The event, hosted by Nathaniel Rateliff, aims to support HeadCount’s Cannabis Voter Project, which helps with cannabis education. The convention is set...
-
The Cannabis Industry 2.0: Setting the Stage For 2021 And Beyond
Thursday, April 8, 2021 - 5:17pm | 1798Read More...By Matthew Anderson and Gregory Frye The Cannabis Industry today is not what it was 18 months ago. The landscape is evolving fast, and COVID-19 has acted as a catalyst, speeding up the inevitable. Mergers and acquisitions, stock market turbulence, fluctuating market prices, businesses...
-
Green Thumb Receives Incentives To Build New York Cannabis Facility At Former Federal Prison
Thursday, April 8, 2021 - 4:58pm | 402Read More...Orange County, New York's Industrial Development Agency said Wednesday it has approved local financial incentives for cannabis company Green Thumb Industries Inc (OTCQX: GTBIF) (CSE: GTII) to build a marijuana cultivation and manufacturing facility. Green Thumb plans to buy the remaining...
-
Virginia Adult-Use, Home Growing Cannabis Law To Take Effect July 1, Three Years Ahead Of Schedule
Thursday, April 8, 2021 - 1:54pm | 509Read More...Virginia became the first state in the South to legalize adult-use cannabis after the state's lawmakers approved Wednesday several changes to cannabis bills SB 1406 and HB 2312, proposed by Virginia Governor Ralph Northam, writes NORML. What happened The two bills would create a...
-
Cannabis Movers & Shakers: Cresco, Fyllo, Generation Hemp, Treez, Medterra
Thursday, April 8, 2021 - 12:54pm | 792Read More...Cannabis Industry Pioneer David Ellis Leaves Cresco To Pursue Other Opportunities In Cannabis Cresco Labs Inc. (CSE:CL) (OTCQX: CRLBF) revealed Tuesday it is parting ways with David Ellis after nearly six years. Ellis oversaw the company’s operations for the last four years. He joined Cresco...
-
Cannabis Co. Verano Posts Strong 2020 Financials, Expects To Close Accretive Acquisitions In 2021
Thursday, April 8, 2021 - 12:15pm | 445Read More...Verano Holdings Corp. (CSE:VRNO) (OTCQX: VRNOF) reported Thursday its revenue amounted to $355 million in fiscal 2020, representing a 196% year-over-year increase. On an unadjusted basis and not including the impact of biological assets, gross profit was $224 million. It accounted for 63% of 2020...
-
Raúl Elizalde On The Benefits Of Cannabis Legalization In Mexico, Potentially The Biggest Market In The World
Thursday, April 8, 2021 - 10:15am | 1314Read More...Last November, the Mexican Senate passed a recreational cannabis project, taking the first step on the road of potentially creating the biggest cannabis market in the world. Most recently, the Chamber of Deputies passed the bill with a few changes. The amended bill was supposed to be approved...
