iAnthus Opens Flagship Citiva Dispensary in Brooklyn

First Dispensary Serving Borough of 2.6 Million People NEW YORK , Jan. 7, 2019 /CNW/ – iAnthus Capital Holdings, Inc. (“iAnthus”), (IAN.CN) (ITHUF), which owns, operates, and partners with best-in-class regulated cannabis operations across the United States , is pleased to announce that it has opened its first and flagship […]

The Fastest-Growing Marijuana Stocks in 2019

According to Sean Williams of the Motley Fool, these  cannabis stocks should have at least 400% sales growth in fiscal 2019. “The marijuana industry produced about as bifurcated a year as investors could have imagined in 2018. By the time the curtain closed, validity had been gained like never before, but […]

Health Canada Announces Proposed Regulations for Cannabis Edibles, Extracts, and Topicals

by Eric Vengroff, Financial Analyst December 20, 2018 – Health Canada released its proposed regulations for cannabis products that currently are not available for sale in legal channels in Canada, namely edibles, extracts (inhaled or ingested), beverages, and topical creams or patches.  The focus clearly appears to be on the […]

Details on Ontario’s New Private Cannabis Retail Lottery

Details on Ontario’s New Private Cannabis Retail Lottery By Whitney Abrams | December 14, 2018 Since the AGCO’s first announcement about the private retail process in Ontario, aspiring private cannabis retailers in Ontario anxiously awaited December 17th, the day upon which the AGCO formerly stated it would release its application […]

U.S. House of Representatives Passes the Farm Bill

The U.S. House passed passed an $867 billion farm bill to on Wednesday, to help those in the agricultural industry, sending the legislation to President Trump for a signature. The bill easily passed by a 369-47 vote after similarly passing by a margin of 87-13 in the Senate the day before.   Complete […]

Mississauga and Markham Opt-Out of Cannabis Retail Stores

by Eric Vengroff, Financial Analyst Yesterday, the municipalities of Mississauga and Markham voted to prohibit the opening private cannabis retail stores. Mississauga city council voted 10-2 against and Markham city council voted 12-1 against.   These votes, strong majorities, representing the apparent broad support from the constituent voters, may be a […]

CANNABIS MEETS HEALTHCARE

by Eric Vengroff, Financial Analyst As someone who attended York Mills Collegiate Institute in the 1970’s, it should suffice to say that I’ve had a deep appreciation for the entertainment and recreational value of cannabis for many years.  The unmistakable perfume of Mexican whatever wafted through the halls and stairwells […]

Green Thumb Industries (GTI) Announces Year-over-Year Revenue Growth of 344% and Sequential Revenue Growth of 26% for Third Quarter 2018

Strong Results Fueled by Same-Store Sales, New Store Sales and Wholesale Expansion CHICAGO and VANCOUVER, British Columbia, Nov. 27, 2018 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“GTI” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a national cannabis consumer packaged goods company and owner-operator of the high growth national retail […]

What Did Canadian Cannabis Legalization Do to the Stock Markets?

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 […]

Cannabis 3.0?

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 […]

John Boehner-Backed Pot Firm Sees This Boosting U.S. Weed Listings

Bill Peters, Investor’s Business Daily LAS VEGAS — Acreage Holdings CEO Kevin Murphy said U.S. exchanges would be more open to marijuana stocks if the federal government loosened restrictions on banks. On Thursday, Acreage completed a deal to go public that values the company at $2.8 billion and installs former […]

Aurora Cannabis Earnings Kick Off Big Week For Marijuana Stocks After Canada Recreational Legalization

Bill Peters, Investors Business Daily Aurora Cannabis (ACB) on Monday said it had grabbed nearly a third of online recreational sales in Ontario, Canada’s most populous province, offering an early look at which big pot producers are emerging as leaders in a nascent business still marred by shortages. It was unclear […]