The Cannabis Regulation Act, passed by the Legislature and signed by the Governor last year, legalized adult-use cannabis sales, which began April 1. All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. …Read the full story
Since 2020, several states have legalized recreational cannabis and we have been impressed by the growth of these markets. In 2021, recreational cannabis sales in Illinois peaked in December . When compared to March 2021, total recreational sales in Illinois increased by almost 20% while the amount of products sold increased by almost 30%. We […]
Just as it looked like major economies were going back to normal, inflation started surging and Russia declared war on Ukraine. The amount reported by Marijuana Policy Project does not include medical cannabis tax revenue, application and licensing fees paid by cannabis firms, income taxes for employees of companies, or corporate taxes. Numbers don’t lie; […]
Although we hope the legislation would be approved by the Senate, we have our doubts on the probability of that happening. For thousands of years, members of any type of government have fought to gain power and influence through strategic maneuvers or bloodshed. Earlier this week, Senate Majority Leader Schumer reported reaching out to Republican […]
Under the new proposed rules, applicants can apply for a license by providing personal information which should drastically simplify the process. All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. …Read the full story
Although High Tide reported impressive fourth quarter and full year numbers, Desjardins Securities lowered its price target on the business to C$11.50 from C$13.50. All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. …Read the full […]
When analyzing trends that are associated with rating and/or price target changes from broker-dealers, we consider the size of the price target cuts to be the most significant metric. The Nasdaq also has listing requirements and we would not be surprised if the Canadian LP had to conduct another reverse split in order to continue […]
Entourage Health Corp. New specialty concentrate: Crafted from Entourage’s award-winning cultivar, ‘Pedro’s Sweet Sativa Live Sugar’ is a 77% to 83% THC live resin cannabis concentrate that is hydrocarbon extracted from fresh frozen flower to produce a sugar-in-honey consistency extract. New small-batch cultivar: ‘Space Cake’, a 20% to 26% THC indica-dominant hybrid available in a 3.5g whole-flower […]
In prior years, Canadian Licensed Producers was the main topic of discussion in end of year, forward looking articles that we published on the cannabis industry. International cannabis markets were a main topic of discussion in 2021 and we expect this aspect of the industry to be even more significant in 2022. During the year, […]
The Company expects Focus Medical to import additional quantities of premium dried cannabis from TJAC, and its supply partners in Canada and elsewhere, on a consistent basis going forward. As disclosed on November 29, 2021, the imported medical cannabis from TJAC will be sold to licensed Israeli patients under the WAGNERS brand, the Company’s popular […]
According to the Ontario Cannabis Store , the illicit cannabis market handled 52.9% of cannabis purchases in the second calendar quarter of 2021. Although this amount is significant and represents almost 16% of communities in Ontario, the number of municipal bans in the province has fallen from 77 when Canada’s recreational cannabis market opened. Ontario […]
All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. …Read the full story
Last week, we learned that Colorado cannabis regulators are reassessing taxes on wholesale cannabis transactions as the likelihood of federal legalization becomes more realistic. There are several pieces of legislation that are focused on cannabis legalization at the federal level. Currently, 36 states have legalized medical cannabis and 18 states have legalized recreational cannabis. Federal […]
Based the projected growth profile of the US cannabis industry, Canaccord believes that MSOs have never been more attractive from a valuation standpoint. From large corporations like Amazon and Uber expressing support for legalization to the opening of new medical and recreational markets, we believe the US cannabis industry is reaching an inflection point. All […]
, is pleased to announce that the Company has formed a wholly owned subsidiary named Irwin Naturals Cannabis, a Nevada LLC, with the intent of entering into the United States and Canadian recreational cannabis markets for adult use. Along with the brand, we will apply the Company’s rigorous scientific practices and quality control standards to […]
, is pleased to announce that the Company has formed a wholly owned subsidiary named Irwin Naturals Cannabis, a Nevada LLC, with the intent of entering into the United States and Canadian recreational cannabis markets for adult use. Along with the brand, we will apply the Company’s rigorous scientific practices and quality control standards to […]
All information that we provide is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. …Read the full story
According to Prohibition Partners, the EU and Latin American medical cannabis markets are forecasted to grow at more than 50% per year through 2025. One of the most significant growth catalysts for Khiron is Colombia’s and Germany’s national insurance coverage for cannabinoid-based medicines. Looking at the current quarter, as of April, prescriptions in Colombia were […]
After lawmakers missed the deadline and failed to ask for an extension, rumors about a special legislative session after Mexico holds elections this month started to surface. According to a study that was conducted by Grand View Research, the global legal market for cannabis could be worth $73.6 billion by 2027. According to leading cannabis […]
During the last year, we have seen a substantial increase in the number of studies that are being conducted on cannabis. The purpose of this study is to learn if medical cannabis helps people who currently take opioid pain medication to treat chronic pain and Jefferson hopes to learn if medical cannabis could replace opioids […]