Rookie Pot Stocks Overshadow More Established Peers in September

Move over marijuana heavyweights, the rookies are taking over. The recent pot mania has seen a slew of companies looking to get in on the sector and stock returns this month have overshadowed larger and more established marijuana companies, including Canopy Growth, Aurora Cannabis and even high-volatility Tilray. September’s MVPs …

A Warning On Canadian Pot Stocks

Stocks of Canadian cannabis producers and sellers are on a wild run in 2018. A selection of talked about names have doubled or tripled in value the past few months, with others not far behind. Price action like that is bound to pique the interest of investors and traders who …

Seven reasons Big Tobacco is likely to make a move on the marijuana industry

The next catalyst for marijuana investors may come from an obvious place: Big Tobacco. While alcoholic-beverage companies have been active in the marijuana industry, Big Tobacco curiously has not. But new comments made by an Altria executive show that the company is evaluating opportunities in marijuana. Altria owns Phillip Morris …

Canopy Growth: Undervalued Canadian Cannabis King

Investors are still reeling from Constellation Brands’ (NYSE: STZ) $5 billion investment in Canopy Growth (NYSE: CGC) (TSX: WEED). The deal is a massive boon for Canopy, the company now has everything necessary to become the biggest player in the global cannabis market. In this article I’ll provide the broader …

Canopy Growth secures over 100 product listings in Ontario

Canopy Growth Corporation (WEED.TO) (CGC) (the “Company” or “Canopy Growth”), through its wholly-owned subsidiary Tweed Inc., has been selected as an approved supplier by the Ontario Cannabis Store (“OCS”) to supply a wide variety of cannabis products through its online store starting October 17th, 2018 . Specific quantities will be …

Corona beer maker Constellation ups bet on cannabis with $4 billion investment in Canopy Growth

Constellation Brands is upping its bet on the cannabis industry, announcing an additional $4 billion stake in Canopy Growth on Wednesday. The maker of Corona and Modelo beers in October took a 9.9 percent stake in the Canadian cannabis company. The deal included the option for future investments, giving Constellation …

Ontario scraps government monopoly, adopts private retail plan for adult-use cannabis market

Ontario’s new retail framework for recreational cannabis will start with online-only sales when legalization takes effect Oct. 17, with a network of privately owned stores expected to be in place by April 1. The new retail plan, first reported by Marijuana Business Daily, is a complete overhaul of the previous …

Millennial investors are flocking to the first marijuana company to hit the New York Stock Exchange (CGC)

The first marijuana stock to ever trade on the world’s most famous stock exchange might be struggling to gain momentum, but that’s not deterring millennial investors. Shares of Canopy Growth — which moved its stock listing from Toronto to the New York Stock Exchange last month — have have been …

Canopy Growth Corporation (CGC) CEO Bruce Linton on Q4 2018 Results – Earnings Call Transcript

Bruce Linton Great. Thank you. I would like to start the call off by reminding everybody of the business win, and I know that the headlines continuously talk about the parties commenced in Canada on October 17th, which from my American friends is a week after our Thanksgiving and I …