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]
canopy
Analyst Articles
Cannabis Quarterly Update – Aphria, Canopy, Cronos, Curaleaf, Green Thumb Industries, and Trulieve
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]
Analyst Articles
Cannabis Beverage Market Update – New Products, M&A Deals, and Financings
Since Canada approved the sale of cannabis derivatives late last year, the high-margin cannabis beverage market quickly grew with the introduction of new products and brands, and an increase in M&A, financings, and other deals. [more]
Analyst Articles
Cannabis Companies Count Quarters Until Cash Runs Out While M&A Activity and Financings Drop
At current pace of operation & CAPEX spending, Aurora and Curaleaf have less than two quarters of runway left while iAnthus defaults on debt payment and MedMen needs $250M to execute turnaround plan. [more]
Analyst Articles
Cannabis Update: Lay Offs, Facility Closures, Write-downs, U.S. Exchange Delisting, and Retail Store Closures
Aurora lays off 500 employees and writes down $1B; Hexo dismisses 200 employees and writes down $270M; Canopy closes two facilities with 500 employees and stops plans for third facility; many U.S. listed cannabis companies fall under $1/share; Canopy closes all retail stores. [more]
Analyst Articles
Canopy Earnings Surprise with Progress Towards Profitability
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]
Analyst Articles
January Cannabis Update
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]
Analyst Articles
Top Cannabis Companies Have Fallen 50% in Value in Past Year – Will They Ever Recover?
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]
Analyst Articles
Vaping Issues Grow Globally as Canadian Companies Prepare to Launch Cannabis Vapes
Country after country are criticizing the e-cigarette regarding health concerns and increasing prevalence of vaping activities in minors. [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]