October traditionally marks the start of a seven month positive period for the general market. Of course, there are always exceptions. However, this year, October has been exceptional with the S&P 500 Index beginning the month of November at an all-time high. [more]
Cannabis companies saw their stock prices fall quarter after quarter as the top nine cannabis companies are currently on average half the value of what they were one year ago. [more]
A big merger terminated, an IPO delayed and the first cannabis ETF down almost 60% in share price this past year, has the bloom fallen off the cannabis flower? [more]
The U.S. House of Representatives passed the Safe Banking Act. The legislation now moves to the Republican-controlled Senate for a vote. The legislation would protect federally-regulated banks from prosecution for doing business with cannabis companies in states where cannabis is legal. [more]
Country after country are criticizing the e-cigarette regarding health concerns and increasing prevalence of vaping activities in minors. [more]
On September 17, 2019, Shopify announced expansion of its cannabis e-commerce platform to allow U.S. retailers to operate online sales of hemp and hemp-derived cannabinoid (“CBD”) products. [more]
Ontario only managed to generate C$19 million in tax revenue compared with Colorado’s US$250 million [more]
U.S. Youth Vaping Epidemic and Vaping-Related Deaths Cast Shadow as Canada set to Legalize Cannabis Extract Products [more]
This week, numerous U.S. cannabis operators released Q2/2019 earnings, with companies reporting impressive top-line growth but most still are struggling to turn a profit. [more]
Colorado reported US$1.5 billion in retail cannabis sales in 2018, compared with Canada which had only C$85.6 million of sales in May, annualized would equate to C$1.0 billion, for a population of 37.1 million – 6 times the size of Colorado! [more]
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