Analyst Articles
WeedMD Closes Starseed Acquisition and $25 Million Financing
Starseed’s medical distribution platform complements WeedMD’s cultivation and processing platform to create a vertically-integrated cannabis company. [more]
cannabis
Analyst Articles
Cannabis Deals Gone Bad
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]
Analyst Articles
Safe Banking Act Passes U.S. House as Major Banks Are Eager to Join Cannabis Market
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]
Analyst Articles
Shopify Extends its Cannabis E-commerce Platform into U.S.
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]
Analyst Articles
Canada Cannabis Catastrophe – Ontario Loses $42 million in First Year of Legal Pot Sales
Ontario only managed to generate C$19 million in tax revenue compared with Colorado’s US$250 million [more]
Analyst Articles
Trump Targets Vaping, Should this be a Concern for the Canadian Cannabis Extract Companies
U.S. Youth Vaping Epidemic and Vaping-Related Deaths Cast Shadow as Canada set to Legalize Cannabis Extract Products [more]
Analyst Articles
Canada’s Cannabis Retail Landscape Pales in Comparison to U.S. With Over 1000 Stores
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]
Analyst Articles
Canopy Passes Competitors In Cannabis Oils Race As It Receives License for 1 Million kg of Extraction Capacity
Canopy (NYSE: CGC; TSX: WEED) announced that it has received an extraction license from Health Canada for its KeyLeaf Life Sciences facility in Saskatchewan, which is expected to have an extraction capacity of 5,000 kilograms (kg) per day. [more]
Analyst Articles
Canopy Earnings Catastrophe as World’s Largest Cannabis Company Loses Over $1B in FQ1/2020
On August 14, 2019, Canopy reported FQ1/2020 earnings, the first earnings report after the Company’s board terminated Bruce Linton, the previous CEO of the Company. [more]
Analyst Articles
75% of States Have Some Legal Form of Cannabis
The U.S. Federal government realized that new federal legislation was needed since the number of states with cannabis regulations in the past 5 years has grown from 8 legalized states in 2000 to more 30 states in 2019. [more]