Analyst Articles
Cannabis Stocks Declined -9.9% in May; Now -43.7% YTD
The largest Canadian Licensed Producers (LP), as tracked in the Canadian Pure-play LP Pot Stock Index, is down by 15.6% in May. [more]
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Analyst Articles
Only the Conservative Cannabis Stocks Index Is Up YTD
So far this year the 18 largest “seed-to-sale” cannabis stocks has declined by 50.2% YTD (as of May 5th) while the stock prices of the 5 tobacco companies and 1 liquor company that have invested heavily in the cannabis industry have increased by 2.0% over the same period – and pay an average of 3.0% in dividend yields. [more]
Analyst Articles
April Update: Largest American Marijuana Stocks Plunged 27.5%
U.S. federal legalization regarding the sale and financial administration of cannabis companies still faces hurdles but state-level momentum is projected to continue this year. Below is the performance in April and YTD of the 13 largest American Multi-State Operators (MSOs) as tracked by the munKNEE Pure-play American MSO Pot Stock Index. [more]
Analyst Articles
Leafly to Go Public in a $532M SPAC Deal
The cannabis company, Leafly Holdings has announced to go public in a SPAC deal with Merida Merger Corp. I, a company sponsored by Merida Capital Holdings. The deal is expected to raise up to $161.5M in cash and should help Leafly expand its business in newly legalized markets. [more]
Analyst Articles
A Forward View of Public Companies in the U.S. Cannabis Markets
The cannabis industry is dominated by the big four companies and these companies have emerged as the industry leaders. They benefit from factors including access to the lowest cost of institutional capital, scale, proven management talent, track records, strong balance sheets, and licensing credibility. [more]
Analyst Articles
Cannabis Update: US Moves Closer to Federal Regulation, M&A Activity Surges, and Edibles Demand Increases
The cannabis industry recently saw heightened activity as the United States moved closer towards federal regulation while several M&A deals were announced. In addition, the cannabis edibles market sharply increased as more consumers tried edibles for the first time. [more]
Analyst Articles
Cannabis Update – Aurora Reports $3.3B Loss, Aphria Makes First Shipment to Germany, and Canopy to Launch THC-infused Beverages in the U.S.
The cannabis industry continues to experience high growth and activity as legal NA markets reach record sales, amid the COVID-19 pandemic. As the U.S. moves closer to regulating cannabis federally, Canadian cannabis companies are seeking various strategies to take advantage of the new market. [more]
Cannabis
Cannabis Central: Pure-Play Cannabis Stocks Crash in September; Only 2 Advance
Only 25 of approximately 250 actively traded cannabis stocks fulfill the criteria for inclusion in the equal-weighted munKNEE Pure-Play Pot Stock Portfolio. Only 2 participants’ stock prices were higher in September – Jushi and Ayr Strategies. [more]
Cannabis
Lift & Co. is the Latest Cannabis Company to Seek Creditor Protection
Lift & Co is the latest company to seek creditor protection and all of its directors and officers have resigned. This follows the failure to reach an agreement with the holders of the Corporation’s secured convertible debentures. [more]
Cannabis
Momentum Pot Stock Portfolio Is Up 57% YTD
The cannabis stock universe has over 400 securities listed on the various Canadian and American stock exchanges of which approximately 300 are actively trade. The 10 featured cannabis companies are higher on average 57.2% over the past 8 months. [more]