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 2021. This comes after a long battle with volatility related to the coronavirus and the recent…
Organic standards can be established, whether or not cannabis is legal at the federal level. Those standards won’t be federally regulated, but they can exist separately from legalization. There are many examples of organic standards being in place for other products, so there’s nothing stopping the cannabis industry from getting started right now. Official regulation, which can come…
‘Tis the season for America’s favorite foodie holiday, and whether turkey, tofurkey, or none of the above are on the menu, this is sure to be a Thanksgiving like no other. With Covid-19 spikes turning the U.S. map red and growing concerns about the capacity of states to handle an even higher coronavirus positivity rate if citizens choose to gather,…
Since the announcement of a Biden-Harris election, investors are paying close attention to the North American cannabis market, which has seen outsized growth since the beginning of November. Over the past few weeks, a trend has emerged: investors feel positive about the Biden-Harris administration and the impact it will have on Canada’s cannabis industry. While to date, there’s…
In June 2019, FTI Consulting published Part 1 of Cannabis: Valuation Approaches in an Evolving Market, which explored legalization of cannabis for recreational use in Canada, risk factors, and the range of complexities to consider for corporate valuations in the emerging Canadian cannabis industry. Since our previous publication, a lot has changed from a regulatory perspective in the Canadian cannabis industry…
The number of cases of COVID-19 has spiked in the province of Ontario causing new lockdown orders. It was reported that more than 1,400 new coronavirus cases had been recorded in Ontario on Friday. Toronto has been the hot zone for the latest outbreak as the city broke its record for new infections on Tuesday and has reported several hundred…
Pure Sunfarms is taking it international for the first time this holiday season by having its brand included in a limited-edition Lane Crawford x Found CBD-infused gift set to be sold in the store’s holiday pop-up shops in Hong Kong. The opportunity for the brand’s first-ever appearance is thanks to a partnership between Altum International Limited’s Found, Asia-Pacific’s first CBD retail platform…
Industry insiders believe Democrat-held Congress would likely take up the SAFE Banking and MORE Acts, generating long-term market effects. Despite ongoing attempts by the Trump Administration to delay the transition, President-elect Joe Biden and Vice President-elect Kamala Harris are expected to take power on January 20, 2021, creating an impact on the cannabis stock market that could be substantial. A…
As we all know by now, the COVID-19 pandemic created a massive shift in the way consumers spend money. Specifically, it caused a massive increase in e-commerce sales and an equally drastic decrease in sales at brick-and-mortar locations. This changing dynamic affected every industry—from retail to consumer goods to groceries—but the way it affected cannabis is unique. The cannabis industry, unlike…
Canadian Pot Stocks Showing Value The month of November has given marijuana stocks increasing value in the market, but will this continue into Thanksgiving week? Recently U.S marijuana stocks have performed remarkably well since election week. In addition, cannabis companies have continued to show increased demand and revenue growth across the U.S. for 2020. Last week top pot stocks to watch like…
Bruce Linton, who founded the first regulated, licensed, and publicly traded cannabis company on the continent and grew it into the world’s largest pot business before being unexpectedly fired in mid-2019, has always been a good storyteller. On a recent call with The GrowthOp, his words spill out like water from a burst dam. It can be hard to keep up.…
Ontario will allow cannabis retailers to provide curbside pickup and delivery services in regions impacted by upcoming provincial lockdowns, the province’s attorney general said Friday. Cannabis retailers were briefly allowed to provide delivery services in April during the early days of the COVID-19 pandemic, but that was rescinded three months later. However, with Toronto and Peel Regions now set to enter a lockdown…