Editorial Eric Vengroff, Financial Analyst On July 17th, two cannabis company acquisitions were announced and in some way, they are reflective of the relative strength and direction of the cannabis industry on both sides of the Canada-U.S. border. The first and larger of the two deals was announced by Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a company covered extensively…
Announces Exclusive Nevada Launch of Tyson Ranch LAS VEGAS, March 14, 2019 /CNW/ – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) (“Planet 13” or the “Company”), a leading vertically-integrated Nevada cannabis company, announced today that it has signed a Purchase Agreement (the “Agreement”) with Mike Tyson’s cannabis venture, Tyson Ranch (“TR”), to be the exclusive launch partner of Tyson…
TORONTO, ON, March 6, 2019 – Emblem Corp. (TSXV: EMC, OTCQX: EMMBF) is pleased to announce that, at the special meeting of shareholders of Emblem held today, the shareholders of Emblem voted in favour of a special resolution to approve the proposed arrangement involving Emblem and Aleafia Health described in the joint press release issued by Emblem and Aleafia on…
Ready to Deliver on its 100-acre Outdoor Farm February 6, 2019 – Toronto, Ontario: 48North Cannabis Corp. (TSXV:NRTH) is pleased to announce the closing of its $10,000,000 private placement. Following the completion of the $3,000,000 strategic investment from Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED, NYSE: CGC), 48North today closed on the additional $7,045,000 from a leading US-based private investment…
By Eric Vengroff, Financial Analyst Jan. 23, 2019 – In the second round of an escalating battle for the future of Aphria Inc. (TSX: APHA and NYSE: APHA), Green Growth Brands Inc. (GGB.CN) announced that it filed an Offer to Purchase and Circular and all the necessary regulatory filings in Canada and the U.S. for all of the issued and outstanding common…
HMS Health, MI Health, and Elevate Takoma to Rebrand Under Curaleaf Name REISTERSTOWN, Md., Jan. 10, 2019 /PRNewswire/ –Curaleaf Holdings, Inc. (CSE: CURA) (OTCBB: CURLF), a vertically integrated cannabis operator, today announced a series of agreements that will expand its operations, as well as patient access to medical cannabis in the state of Maryland, while further bringing the company’s expertise to…
By Ralph Nathan, Market Realist On December 19, Northland Capital Holdings initiated coverage on Planet 13 Holdings (PLNHF) with a “buy” rating, giving the stock a price target of 3.75 Canadian dollars, which represents an upside potential of 252.1% from its December 19 closing price of 1.07 Canadian dollars. On December 7, Canaccord Genuity reinitiated coverage of Planet 13 Holdings with a…
Opinion Editorial by Eric Vengroff, Financial Analyst Look out beaver bongs, the Marlboro man is moving north. In what has turned out to be an exciting week in the world of pot-related acquisitions, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced that Altria Group, Inc. (NYSE: MO) (“Altria”) has agreed invest roughly C$2.4 billion for shares and warrants in Cronos.…
Shares of 48North Cannabis Corp (TSXV:NRTH) are up 9 cents to $0.54, up 18% from Friday’s close and bucking the overall downward trend of North American cannabis stocks this morning on the major exchanges, following the announcement of two developments. First, the company announced today that it has entered into two agreements with Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED, NYSE:…
By Brandon A. Dorfman, PotNetwork NOV 30, 2018 -The North American Marijuana Index dipped back downwards on Thursday as volatility in the cannabis stock market prevailed despite Congressional leaders coming together to hammer out the final details of a federal farm bill that includes hemp legalization. Senate Agriculture Chairman Pat Roberts told Politico that he hopes to bring the bill…
By Eric Vengroff, Cannabis Daily In a sure twist of irony that in all fairness was probably expected somewhat, it appears that the legalization of cannabis for recreational use in Canada on October 17th has had precisely the counter-intuitive effect of cutting the stock prices of many of today’s leading publicly-traded cannabis stocks. Canadian investors in particular have no doubt…
by Eric Vengroff, Financial Analyst, Cannabis Daily People who have been involved in various aspects of the cannabis industry recently all seem to have one observation in common. Things are moving at an incredible pace. To the many of us exposed to personal computing and technology a long time too (another very fast-paced growth industry), the concept of ‘version control’…