Author: Alan Brochstein, CFA
The market for publicly-traded Canadian licensed producers (LPs) of cannabis has become one of the most important ones for the global cannabis industry. 14 of the 28 companies collectively...
We learned this week that HighTimes Holdings, the parent company of High Times, has been trying to find parties with extensive email lists to solicit for its Reg A+...
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 $2.5 million per quarter....
Hightimes Holdings issued a preliminary prospectus for a Reg A+ offering, with a goal of raising up to $50 million by selling shares at $11.00, with net proceeds of...
Multi-state cannabis operator MedMen plans to go public in Canada early in the second quarter of 2018, listing on the Canadian Securities Exchange (CSE). Adam Bierman, CEO and Co-Founder...
Publicly-traded Digipath Labs (OTC: DIGP), which reported sales in excess of $600,000 from its Nevada-based cannabis testing lab for the quarter ending 9/30/17, has been suspended from operations. The...
Following last week’s recission of the Cole Memo by Attorney General Jeff Sessions, the Canadian Securities Administrators (CSA), an organization consisting of securities regulators from each of the 10...
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 $2.5m per quarter. This...
In 2017, the first two exchange-traded funds (ETF) focused on publicly-traded cannabis stocks emerged, including Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) (TSX: HMMJ.U) (OTC: HMLSF) in April...
Health Canada released monthly data yesterday on its medical cannabis program, Access to Cannabis for Medical Purposes Regulations (ACMPR), which was implemented as MMPR in April 2014. The number of patients...
After an extremely interesting look at several leading cannabis companies five months ago that included interviews with leading cannabis companies like MedMen, Canndescent and Kiva Confections, Marcus Lemonis is...
Health Canada has issued 84 licenses to date under Authorized Licensed Producers of Cannabis for Medical Purposes (ACMPR) and has indicated that it will ramp up to over 200 in...
Amanda Chicago Lewis shared some interesting predictions in Rolling Stone on Friday, discussing marijuana lounges, a potential “bloodbath” in California, the end of characterizing strains as “indica” or “sativa” and...
Cannabis stocks surged 51.8% in December after a 58.3% gain in November. For the full year, the Cannabis Stock Index rose from 74.10 to 142.10, an increase of 91.8%: Like...
We pointed to a remarkable change in the cannabis sector in early November, a week after Constellation Brands (NYSE: STZ) announced a significant investment into Canadian licensed producer Canopy...
Health Canada updated its website today, announcing an increase in the number of licensed producers to 82. Both of the new licenses were awarded to facilities in Quebec, including Agri-Médic...
Ohio’s Department of Commerce, which has already awarded Tier 1 and Tier 2 provisional cultivation licenses and named 370 dispensary applicants, announced today 104 applications for up to 40...
Australia-based Creso Pharma (ASX: CPH) (OTC: CRCPF) announced an expansion into Colombia, signing a deal to acquire licensed medical cannabis company Kunna Canada and its wholly owned subsidiary, Kunna...
This is the time of year when many make charitable contributions. One of the early lessons I learned when entering the industry in 2013 is that without those who...
CanniMed Therapeutics (TSX: CMED) formally launched the proxy to acquire Newstrike Resources (TSXV: HIP) (OTC: NWKRF) and its Up Cannabis licensed producer unit. Shareholders will vote at a special...
The Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) (OTC: HMLSF) has ballooned in size as the Canadian licensed producers (LPs) have soared, with the ETF net assets now...
Michigan’s unregulated medical cannabis program will be moving forward. The state’s Licensing and Regulatory Affairs has released Emergency Rules that will be in effect for the next six months after...
Cann Group ( ASX: CAN) (OTC: CNGGF) announced an increase to its capital raise, boosting it to $58.7, seling by shares $2.50 in a deal underwritten by Canaccord...
One year after its debut on the NYSE and fewer than two months after completing its $15mm sale of preferred shares, Innovative Industrial Properties (NYSE: IIPR) has filed a...
Yesterday, the Ohio Department of Commerce revealed the 12 provisional Tier I cultivation license recipients. Tier 1 licenses permit a canopy up to 25,000 sq. ft. initially. Today it...
