Author: Alan Brochstein, CFA
This is a copy of the February 24th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, On Friday, Statistics Canada provided its monthly...
U.S. investment banks are increasingly devoting resources to covering the cannabis industry, including American operators. Today, independent investment bank, capital advisory and research firm Seaport Global, with offices in...
A post on Twitter today has pressured GW Pharma (NASDAQ: GWPH), which dipped more than 3% to $145.21. The post, by Ryan Flinn, a Bay Area journalist in healthcare...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$2.5 million per quarter. This...
This is a copy of the February 17th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, As Canada’s legal cannabis industry continues to...
In what is a first for the cannabis industry, Standard & Poors will be adding cannabis REIT Innovative Industrial Properties (NYSE:IIPR) to the 600 SmallCap Index next week. IIPR will...
This is a copy of the February 10th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, One of the big stories in the...
The regulator of the state’s cannabis industry has issued a cease and desist order to registered marijuana dispensary (RMD) Wellspring. According to the Summary Cease and Desist Order issued...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$2.5 million per quarter. This...
This is a copy of the February 3rd edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, It’s been an exciting month for cannabis...
Cannabis stocks, as measured by the Global Cannabis Stock Index, bounced back sharply from Q4 losses of 44.2%, rallying 44.2% in January to 92.33: The index, which had 43 qualifying...
Following a decline of 18.0% in December, the American Cannabis Operator Index more than recovered the losses with a 30.8% gain in January, ending at 101.09: The index, which launched at...
After sinking 43.8% in Q4, the Canadian Cannabis LP Index rallied sharply to begin the year, rising 36.0% to 958.16: The index ran up into the October legalization beginning in mid-August after the announcement...
Health Canada provided preliminary data regarding cannabis demand and supply for the month of December: The data is broken down by medical and non-medical, both of which saw dried flower...
This is a copy of the January 27th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, In late 2018, many new multi-state operators...
One of the biggest votes of confidence an executive of a public company can give his or her stock is the purchase of stock on the open market. Management...
This is a copy of the January 20th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, One of the most interesting panels at...
As 2018 was nearing an end, Namaste Technologies (TSXV:N) (OTC: NXTTF) CEO Sean Dollinger unloaded shares, which he reported on December 28th, a week after making the sales. He...
This is a copy of the January 13th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, One of the big stories last year...
Cannabis stocks, as measured by the Global Cannabis Stock Index, extended the losses from mid-October, declining 20.3% to 64.02 in December, the third consecutive monthly decline, and suffered a loss...
After sinking more than 25% in October and then 14.8% in November, the Canadian Cannabis LP Index ended the year with a 11.9% loss in December, falling to 704.64: The index ran...
Following a 5.8% decline in its inaugural month, the American Cannabis Operator Index fell 18.0% during December: During December, the index included 17 companies, including 12 multi-state operators (MSOs) and five focused...
This morning, Health Canada updated its list of licensed cultivators, processors and sellers, adding six new LPs and bringing the total to 140: The agency added only companies involved...
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than US$2.5 million per quarter. This...
This is a copy of the December 30th edition of our weekly Newsletter, which we have been publishing since October 2015. Friends, As we reach the end of 2018,...