Author: Alan Brochstein, CFA
OrganiGram (TSXV:OGI) (OTC:OGRMF) soared 59% in April and is leading the Canadian LP YTD, with its stock up 29% through the end of April. Shareholder returns appears to be...
AmeriCann (OTC:ACAN), based in Denver, announced this morning that it intends to convert to real estate investment trust (REIT) status, which, if it occurs, would be a first for the cannabis...
Pineapple Express (OTC: PNPL) was suspended by the SEC this morning. The company, which is a member of the 420 Investor Cannabis Stock Index (as of 3/31/16), is a...
Chris Male of Anslinger Capital shared something today with our almost 4000 member LinkedIn group, Cannabis Investors & Entrepreneurs, that was just too good to be true. I dismissed it incorrectly...
Two months ago, cannabis stocks, as measured by the 420 Investor Cannabis Stock Index, were down in the dumps. At their trough, the index, which currently has 27 members (based...
Mettrum (TSXV:MT) announced this morning that it has raised at least $5mm through a “bought” offering led by underwriter Cormark Securities, which has agreed to purchase 3.334mm shares for...
While Mettrum (TSXV:MT) is one of the leading licensed producers in Canada’s MMPR program, with revenue in its FY16-Q3 (December 2015) exceeding $2mm, the company has been relatively quiet over the...
The Pueblo City Council met on April 11th and approved Resolution M-3, which will delay the closing of a deal with CBD BioSciences by four months. The $8mm deal was announced in...
Mackie Research Capital Corporation (MRCC), one of Canada’s largest independent full service investment firms with roots back to 1921, has issued its premier report on the Canadian cannabis market. The report’s...
Legalized cannabis opens up all types of entrepreneurial activivities, but 420 Tours Las Vegas, which helps get out-of-state visitors access to a “top-shelf” experience when visiting, provoked a letter from the...
MassRoots (OTCMKTS:MSRT) surged almost 23% today, with the 1.61mm shares traded setting a record. Over the past year since it began trading on April 9, 2015, the prior high...
On the heels of a massive move in its stock so far in 2016, Terra Tech (OTC: TRTC) has filed a preliminary proxy and a preliminary prospectus with the...
Following controversy regarding the accuracy of mandated cannabis lab tests and a public call for action by Steep Hill, Washington State Liquor & Cannabis Board (WSLCB) has imposed emergency...
Strainz, based in Nevada, has raised $8mm and announced its first three states of operations, including Colorado, Nevada and Washington. It named its partners, the Bronnor Corporation in Colorado...
Ben Larson, one of the founders of cannabis industry incubator Gateway in San Francisco, spoke at Valley in Berlin, a one day conference in Germany bringing together interesting Silicon Valley speakers with...
Access to capital is critical for any industry. The state-legal cannabis industry struggles in this area for several reasons, including federal illegality, stigma issues that reduce the investor base,...
Colorado Harvest Company has been a leading cannabis company in Colorado since 2009, using natural growing methods for the products that it sells in its two Denver stores and its retail-only store in...
Alan Brochstein, CFA, presented “3 Years Later, Only a Few Cannabis Stocks Appear Capable to Deliver” at the MoneyShow’s Cannabis Investing Virtual Event on March 29th. For those not immersed yet...
Colorado-based Mary’s Medicinals, which has established itself as a leading provider of topical cannabis products and has extended its brand into other states with licensing agreements, has filed suit...
Terra Tech (OTC: TRTC), one of the more actively traded public cannabis companies, filed its 10-K with the SEC and reported a year-end review and outlook after the close....
Following through with a promise delivered on StockTwits last week, “The Vega Group” has published a negative report on GW Pharma (NASDAQ: GWPH) (LON: GWP). The stock had reacted...
On January 28th, MedWest, a highly-regarded cannabis wholesale distributor in California that provided Bhang-branded and other products extracted from CO2 to state-legal businesses, was suddenly raided by local police in San Diego. Two...
Investing in cannabis stocks remains perilous, as I will discuss in a presentation at MoneyShow’s Cannabis Investing Virtual Event on March 29th. With that said, there are a few...
Canopy Growth (TSXV: CGC) announced that it sold 4.35mm shares at a $2.30 offering price to a group of underwriters led by Dundee Securities. The “bought deal” means that CGC...
In September, the New York Times reported that THC can be produced from yeast. It turns out that not only THC but many of the cannabinoids as well as terpenes...
