In big news out of Germany, Canopy Growth has announced the acquisition of the eponymous vaporizer manufacturer, Storz & Bickel GmbH & Co. The approximately €145 million acquisition was finalized in the first week of December. Neither firm, of course, needs any introduction to the world of cannabis fans and consumers (much less investors). The…
While it has gotten decidedly less English-speaking press than other countries in Europe on the front edge of cannabis reform, Denmark’s pilot four-year cannabis program is chugging along nicely and can help provide a model for other European Union nations. The four-year program was authorized to begin on January 1, 2018. Major Canadian cannabis companies…
As the German cultivation bid deadline ticks down, the big Canadian Licensed Producers (LPs) are solidifying their presence in Germany and far beyond across Europe. Two, in particular, have made major announcements last week, coming hot on the heels of Aurora’s Polish expansion. Canopy Growth Corporation, continues to move aggressively across Europe to solidify its…
With the demand for cannabis in Canada outpacing demand, something industry insiders warned, Canadian businesses are now playing catch-up, increasing the demand for jobs across all sectors of the industry. The jobs surge actually started well before cannabis commerce officially began on October 17th, as companies ramped up for the increased demand, but now that the…
Aurora, one of the biggest producers in Canada, joined Tilray, Cronos Group, and Canopy Growth as the latest cannabis company from the Great White North listed on stock exchanges in the United States. While both Aurora and Coca-Cola have been mum lately about a potential partnership to produce CBD beverages, it isn’t surprising to industry insiders…
Cannabis stocks have been increasing in value rather rapidly over recent months, with stocks listed on Canadian and U.S. financial markets receiving boosts from the mainstreaming of marijuana. As big-time investors and major companies invested, or were reported to be eyeing potential entries into the market, investors of all stripes have taken notice. As Bloomberg reported,…
Canopy Growth is an unquestioned leader in the global cannabis industry. The biggest producer, in Canada, Canopy exports around the world and its stock has had a strong showing on the New York Stock Exchange. Constellation Brands, the owner of Corona beer and Robert Mondavi wine, sees the value of the company, investing billions in…
Cannabis stocks have been so hot this year that many are wondering whether they can keep up such a torrid pace. Leading the way has been Tilray, who has seen its stock prices increase more than 500% since its initial public offering in July. Canopy Growth, buoyed by its industry-shaking investment from Corona-owner Constellation Brands, has also…
The cannabis industry is hot right now and so are several stocks associated with the business sector. For those understandably queasy about investing in single stocks that can fluctuate in value dramatically, an exchange-traded fund (ETF) may be more your style. An ETF is an investment fund, like a mutual fund, as it will contain a…
More and more mainstream investors and companies are getting into the cannabis industry, pushing cannabis stocks higher and higher (pun intended). What are some stocks to watch, both directly involved in marijuana and those ancillary to the business sector? Well, if anyone knew for certain, they could get very wealthy, so no one knows for sure….
