The marijuana boom amid the coronavirus pandemic has brought a lot of attention to the sector. Cannabis sales have been on the rise ever since marijuana was deemed an “essential item” during pandemic-related lockdowns. This not only benefited U.S. cannabis companies’ revenue and profits, but also was advantageous for companies …
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This story originally appeared on The fresh toast. Retail sales were negatively affected by COVID lockdowns, while new stores and lower prices provided a boost. New data from Statistics Canada revealed that Canadian cannabis sales in March improved 65% year-over-year reaching CA$298.1 million ($246.7 million), reports New Cannabis Ventures. According to the outlet, …
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This story originally appeared on Windsor Star. Leamington’s biggest private employer loses its name on Wednesday but will remain the controlling power behind a blockbuster merger of two Canadian pot giants in what becomes the world’s largest cannabis company. Tilray Inc. shareholders on Friday followed suit with those of Aphria …
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This story originally appeared on The Motley Fool. This month just might be the best time in a long time to buy cannabis stocks. Why? Much of the initial excitement about the increased prospects of significant U.S. cannabis reform has waned. With the Biden administration focused on other priorities, some investors …
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This story originally appeared on Thestreet. See how cannabis stocks like Sundial Growers, Trulieve and Tilray performed last week after New York agreed to a deal to legalize marijuana use. The cannabis sector was down this past week as investors turned their backs on speculative stock plays and looked at …
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This story originally appeared on Forbes. When the pandemic began last Spring, Mary Jane’s Medicinals, which sells CBD and cannabis-infused topicals, took a big hit. April was “one of our worst months of sales ever,” said chief executive and founder Dahlia Mertens. A rebound soon followed though and by August sales …
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This story originally appeared on MarijuanaStocks. Are Investors Watching These Marijuana Stocks? Over the past several weeks, we have witnessed some major positive sentiment in the cannabis industry. With the majority of leading marijuana stocks making some positive movements in that time period. Many believe that cannabis stocks may be headed up in …
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TORONTO / June 4, 2020 / FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE.CN) (FRA: 0K9A) (“FSD Pharma” or the “Company”), today announced it has entered into definitive agreements with certain institutional investors for the purchase and sale of 1,500,000 shares of the Company’s Class B Subordinate Voting Shares (“Shares”) at …
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One of the ways to invest in cannabis is through the stock market. If you are looking for cannabis stocks, there are few clear toppers. These include: According to the CEO of Cannabis Stocks, Bruce Linton, cannabis along with other hemp products might be entering the market by the end …
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When it comes to investing, the options are bountiful. Today, there are many ways through which you can invest your money. Moreover, if we talk about ways to invest, the list is endless. If you are interested in finding out ways to invest your money, here is the top …
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