Author: Alan Brochstein, CFA

SXSW Interactive to See a Surge of Cannabis Content

The South by Southwest (SXSW) Conference & Festivals, a major gathering in Austin, TX that will celebrate its 31st anniversary this year, is known for allowing attendees to discover the...
- February 5th, 2017 at 6:01 pm

ScottsMiracle-Gro Refines its Cannabis Strategy

ScottsMiracle-Gro (NYSE: SMG) reported its FY17-Q1 results for the quarter ending 12/31/16 on January 31st, with sales of $247mm in what is a seasonally slow quarter rising 27%. Driving the...
- February 1st, 2017 at 1:58 pm

Canopy Growth Gets First U.S. Investment Bank Coverage

Following up on its September initiation of coverage of the cannabis industry, Cowen and Company has extended its coverage to Canada in a report entitled “O Cannabis! – Initiating...
- January 10th, 2017 at 10:42 am

Cannabis Science Misrepresents in Press Releases

Cannabis stocks are hot, with trading volumes remaining strong into 2017 after a 88% rise in the Cannabis Stock Index last year, with all of the gains coming after...
- January 6th, 2017 at 2:09 pm

CanniMed Deal a Dud as Cannabis IPO Tanks Initially

Early trading in CanniMed Therapeutics (TSX: CMED) was disappointing, as the recent IPO broke its $12 offering price and traded below the $11.28 underwriters price. In the first half-hour...
- December 29th, 2016 at 10:18 am

Why Cannabis Investors Prefer Canada

Perhaps the biggest story of 2016 in the cannabis capital markets was the surge in prices and the amount of capital raised for the cannabis industry in Canada during...
- December 26th, 2016 at 1:30 pm

CanniMed Therapeutics (TSX: CMED) Prices IPO at $12

CanniMed Therapeutics (TSX: CMED) priced its initial public offering at $12, selling 5mm shares through a syndicate led by AltaCorp Capital to raise $60mm. The underwriters, which also included Canaccord...
- December 21st, 2016 at 6:57 pm

Cannabis Stock Mutual Fund AMREX Already Failing Fast

With little fanfare, the world’s first cannabis mutual fund launched earlier this year, and it has failed miserably to date, with investors actually losing money during a major bull...
- December 17th, 2016 at 11:17 am