Tag: analyst coverage

Top Cannabis Stocks for December

Cannabis stocks have had a tough year. Since the summer, most marijuana ETFs have been cut in half. Yet the long-term promise remains clear. Many analysts expect global sales to hit $100 billion by 2030, representing 1,000% growth. If you want to invest in cannabis stocks, it pays to have a multi-year vision. Still, short-term market gyrations can make some…

Canadian cannabis cultivators spy opportunity in Europe

The European Union’s nascent medical cannabis market is ready to expand with Canadian cannabis cultivators. New Frontier Data estimates that the potential European market for legal medical cannabis exceeds $42bn (~€38.02bn).1 Currently, Europe does not cultivate enough cannabis to supply the existing and growing demand. In order to meet market needs for medical cannabis the EU must supplement locally produced…

2 Top Marijuana Stocks to Watch in December

American and Canadian marijuana stocks alike have had an absolutely terrible 2019. Bureaucratic red tape in Canada has led to a painfully slow rollout of brick-and-mortar retail locations in key provinces like Ontario, whereas sky-high tax rates in the U.S. have kept the black market firmly in business in all-important states such as California.  The net result is that several…

3 Best Marijuana Stocks in November — Are They Buys Now?

November is nothing but a memory now. For many cannabis-focused investors, that’s a good thing. Most marijuana stocks again delivered dismal results last month. But three marijuana stocks performed quite well in November. Curaleaf Holdings (OTC:CURLF), Trulieve Cannabis (OTC:TCNNF), and Green Thumb Industries (OTC:GTBIF) chalked up strong double-digit percentage gains. Here’s how these three stocks succeeded while most of their…

Zenabis hopes new, $5 Re-Up brand will take bite out of illicit markets in Atlantic Canada, Saskatchewan

Canadian licensed producer Zenabis has increased its market share in the New Brunswick cannabis market since launching Re-Up, a lower-cost brand of flower and pre-rolls. The Atholville, N.B.-based company has produced data indicating a 38 percent market share of sales in Cannabis NB stores across the province for the period concluding in October 2019. The number indicates a spike in…

Cannabis Beverages: Why Canadians Can’t Wait

Cannabis products have been legal in Canada for a year now. In 2018, Canada legalized marijuana for recreational purposes. This year, Canada included edibles, beverages, topicals, and concentrates in the second phase of legalization. Deloitte estimates the cannabis beverage market could be worth 529 million Canadian dollars annually in Canada. Let see why Canadians are anticipating the introduction of cannabis…