Marijuana Business News

Synonyms: 
stocks
business
Mon
18
Mar

Village Farms CEO talks marijuana production cost and capacity, and more

Village Farms International (NASDAQ:VFF), a Canada-based greenhouse grower of produce that entered the cannabis space in 2017, reported its fourth-quarter and full-year 2018 results on Wednesday. 

Mon
18
Mar

Looking to buy HEXO? Here are 5 things you should know about the marijuana stock first

HEXO Corp. (NYSEMKT:HEXO) took investors on a roller-coaster ride in 2018. The marijuana stock more than doubled by October, but gave up most of its gains to end the year up by only 5%. HEXO is off to a great start in 2019, though, with shares soaring 78% so far.

Despite its nice run in 2019, HEXO's market cap is still only a little over $1 billion -- well below the steep market caps of several of its peers. But if you're looking to buy HEXO, there are five things you should know about the marijuana stock first. 

Mon
18
Mar

Aurora Cannabis finally lands a partner... sort of

Although there are dozens of marijuana stocks for investors to choose from, none is arguably more polarizing than Aurora Cannabis (NYSE:ACB).

Aurora's growth-at-any-cost strategy has come with promise and peril. Although this is a company with a number of organic construction projects, including the completed 800,000-square-foot Aurora Sky build, and the ongoing buildout of Aurora Sun, a 1.2-million-square-foot complex in Medicine Hat, Alberta, Aurora has chosen to primarily grow via acquisition.

Mon
18
Mar

Better buy: Aphria vs. Canopy Growth

If you had a time machine, there's no question which stock you'd go back in time to buy with a choice between Aphria (NYSE:APHA) and Canopy Growth (NYSE:CGC). Aphria has delivered a lifetime return that would have multiplied your initial investment more than 13 times. But Canopy Growth's share price has soared even more.

I'm going to assume, though, that you don't have a time machine. Choosing between Aphria and Canopy Growth isn't as easy without the benefit of hindsight. Which of these top marijuana stocks is more likely to be the bigger winner in the future? Here's how Aphria and Canopy stack up against each other.

Mon
18
Mar

4 things to expect in Tilray's Q4 earnings update

Two of the three biggest Canadian marijuana producers by market cap have already reported their financial results from the quarter ended Dec. 31, 2018. Aurora Cannabis (NYSE:ACB) and Canopy Growth(NYSE:CGC) both delivered impressive revenue growth. But we don't know yet how Tilray(NASDAQ:TLRY), the Canadian marijuana grower with the third-largest market cap, performed in the last quarter. It's currently a mystery -- but not for long. Tilray will announce its fourth-quarter results after the market closes on Monday.

Mon
18
Mar

3 reasons legal weed sales aren't getting any higher in Canada

According to Health Canada, licensed businesses sold 7,115 kilograms of dried flower in January. That was 3.7% less than in December, which hardly looks like a Canadian sales explosion that will help Aurora Cannabis (NYSE:ACB) or Cronos Group (NASDAQ:CRON) make ends meet before they need to ask investors for more money.

There are more than a few reasons for the slowdown, some of which many investors have been trying their hardest to ignore. Here's what you need to know.  

Mon
18
Mar

3 marijuana stocks with a killer advantage

Let's face it: Marijuana is a commodity. That makes it challenging for marijuana businesses to differentiate themselves from the competition. But it's not impossible to do so.

Actually, three marijuana stocks appear to be in great shape to stand out from the pack for a long time to come. You could even say that Canopy Growth (NYSE:CGC), Cronos Group (NASDAQ:CRON), and Scotts Miracle-Gro (NYSE:SMG) have a killer advantage. Here's why.

Fri
15
Mar

Greenline POS services The Niagara Herbalist, first licenced Ontario cannabis retailer

The Niagara Herbalist is the first licenced cannabis retailer in Ontario, and after careful consideration they have chosen Greenline POS as their compliant inventory management solution.

‚ÄúWe chose Greenline POS because their team had the most working knowledge about real life cannabis retail operations out of all the POS systems we looked at.‚ÄĚ

‚Äď Kevin (co-owner of The Niagara Herbalist)

For new cannabis retailers, opening up shop can be an exciting but stressful time. Greenline POS is dedicated to helping stores every step along the way, from initial inspections all the way to the grand opening and beyond.

Fri
15
Mar

How recreational cannabis has created numerous challenges for insurers

Cannabis legalization is making things more complex for auto insurers and increasing risk for some commercial property clients, A.M. Best Company Inc. suggests in a recent report.

About 25 insurers, most of whom are non-admitted, provide coverage for cannabis risks in Canada and the United States, A.M. Best reported in Cannabis: New Opportunities for Insurers, But with Burgeoning Risks, released March 12.

In 2018, the Criminal Code of Canada was changed to allow possession of marijuana for recreational use. At the same time, Bill C-46 created new criminal offences for driving while impaired by tetrahydrocannabinol (THC), the active ingredient in marijuana.

Fri
15
Mar

3 pot stocks Wall Street thinks you should sell

Though it may be hard to believe now, the marijuana industry was considered taboo just a short time ago. As recently as 2005, only a third of respondents in Gallup's cannabis survey favored legalizing pot, and just a handful of U.S. states had legalized the use of medical marijuana. Further, no country in the world had even thought about legalizing adult-use pot.

Pages

Subscribe to RSS - Marijuana Business News