What do you really know about the cannabis stock market? Not much I would expect, as little of substance is being written about the cannabis stock market these days other than articles hyping/promoting specific client companies. This article highlights ten insightful cannabis articles written by Lorimer Wilson. [more]
This past quarter, Canadian cannabis companies focused on consolidating operations, adjusting asset valuations, and launching Cannabis 2.0 derivative products. While in the U.S., cannabis companies increased production capacity and scaled retail stores in order to be ready when federal legalization of cannabis becomes a reality. [more]
Canopy Growth, the largest cannabis company in the world based on market cap, reported full year earnings for F2020, with a 73% increase in revenue year-over-year, however, its bottom line reached over C$1 billion in losses due to restructuring initiatives, costing upwards of C$700 million. [more]
Revenue growth expected from cultivation and retail operations in California, Illinois and Pennsylvania, and from recent Origin House acquisition. [more]
State-of-the-art cultivation and manufacturing facility expands capacity by 66,000 sq. ft to a total of 88,000 sq. ft of indoor and greenhouse space. [more]
Lorimer Wilson from MunKNEE.com reviews 35 cannabis companies and 29 had stock price increases in April with only 6 companies going down in price. [more]
Combined with the royalty license agreement announced in Dec/19, these two contracts represent $18M in revenue potential. [more]
Canopy’s stock price has dropped 51% in the past year but as it progresses towards profitability, its stock price has started an upward trend with a 14% increase year-to-date. [more]
Horizons Marijuana Life Sciences ETF (TSX: HMMJ), the first established cannabis ETF, has fallen almost 60% in share price in the past year and Evolve Funds Group announced it will be shutting down of two of its cannabis focused ETFs [more]
Over C$500 million of debt deals have materialized in December in the cannabis space. [more]
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