Global cannabis company TerrAscend (CSE: TER) (OTCQX: TRSSF) this morning announced that it has made modifications to its leadership team in coordination with the company’s focus on its rapidly scaling U.S. retail, manufacturing, and distribution operations. Michael Nashat has stepped down as CEO but will continue to serve as a member of the Board of Directors and act as a…
Almost as soon as marijuana got the green light in Canada, investors were looking toward “ cannabis 2.0 ” — edibles, concentrates, topicals, beverages. Bank of America analysts Christopher Carey and Lisa … READ MORE: https://finance.yahoo.com/news/why-cannabis-stocks-beyond-flower-151946918.html?.tsrc=rss
iAnthus Announces Filing of Statement of Claim to Prevent Interference with its Business READ MORE: https://finance.yahoo.com/news/ianthus-announces-filing-statement-claim-135800301.html?.tsrc=rss
Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) announced that its 50%-owned joint venture for large-scale, low-cost, quality cannabis production, Pure Sunfarms Corp. (“Pure Sunfarms” or “PSF”), has completed its first shipment of cannabis under its supply agreement with Alberta Gaming, Liquor & Cannabis (AGLC). Pure Sunfarms’ recreational adult-use cannabis products will be available on Alberta’s only legal online…
The increasing usage should spur clinical research on older consumers, researchers at New York University say, because “older adults are especially vulnerable to potential adverse effects from cannabis.” READ MORE: https://finance.yahoo.com/m/885401ce-3941-3ad9-84fc-ff1afcb4d821/seniors-have-nearly-doubled.html?.tsrc=rss
Needham initiated coverage of Aurora Cannabis Inc. on Tuesday with a hold rating and $1.50 price target. Analysts Matt McGinley and Evan Greenblatt said the company has established itself as a low cot producer of cannabis, but remains deeply unprofitable and has to scale back its operating structure while attempting to grow revenue. “We expect restructuring to produce an entity…
Cowen downgraded Aurora Cannabis Inc. along with Tilray Inc. and Sundial Growers Inc. on Monday with analysts becoming increasingly cautious on the outlook for Canadian licensed producers. READ MORE: https://finance.yahoo.com/m/25cf64c2-8312-3649-ae47-86903161b89f/aurora-cannabis-downgraded-as.html?.tsrc=rss
Edibles, beverages and other “cannabis 2.0” products are the future of weed. The U.S. market is almost split 50-50 by flower and oil sales, and Valens is forecasting that oil’s share will reach 75% or more, said Knight, the extraction company’s executive vice president for corporate development and capital markets. “I think 2.0 is really the future of cannabis,” he…
Cannabis stocks fell as Cowen downgraded Aurora Cannabis and Tilray but kept Canopy Growth as its only “outperform” pot stock. READ MORE: https://finance.yahoo.com/m/65d12f19-c088-3947-9ff3-6ea96e3134d7/why-this-is-the-only.html?.tsrc=rss
Cowen downgraded Aurora Cannabis Inc. along with Tilray Inc. and Sundial Growers Inc. on Monday with analysts becoming increasingly cautious on the outlook for Canadian licensed producers. READ MORE: https://finance.yahoo.com/m/25cf64c2-8312-3649-ae47-86903161b89f/aurora-cannabis-downgraded-as.html?.tsrc=rss
Cowen analyst Vivien Azer downgraded Tilray and Aurora Cannabis to Market Perform from Outperform. She also downgraded Sundial Growers to Market Perform. READ MORE: https://finance.yahoo.com/m/8ec71149-d16b-3b5d-9b63-40a724d2406d/marijuana-stocks-are-plunging.html?.tsrc=rss
Cowen downgraded Aurora Cannabis Inc. , Tilray Inc. and Sundial Growers Inc. to market perform from outperform on Monday, and said it’s increasingly cautious on the outlook for cannabis in Canada. Analyst Vivien Azer said the headwinds that have rocked the sector from pricing to too few stores to inventory do not appear to be easing and Cannabis 2.0, the…