The state generated more than $52 million of recreational cannabis sales while medical cannabis accounted for more than $73 million which represents a 17% decline when compared to last year. Going forward, we expect Nevada to continue to record strong sales growth on a year-over-year basis but cannot get too excited about it due to […]
We believe the Latin American cannabis operator is in the early innings of a major growth cycle and is well positioned to capitalize on a burgeoning market. One of the reasons we are excited about Khiron is related to the structure of the business and the markets it is focused on. Last week, Khiron reported […]
Although the acquisition did receive as much attention as the merger between Aphria and Tilray, Inc. Jazz’s management team is executing on a strategy that is focused on creating an innovative, high-growth, global biopharma leader in neuroscience that has a global footprint. For Jazz, the most attractive asset from GW is Epidiolex, a high-growth commercial […]
, the Canadian company defining the future of cannabinoids worldwide, announced today that it has scheduled a conference call to discuss the results for its third quarter fiscal year 2021 on Thursday, May 13, 2021 at 5:00 p.m. Providing customers with innovative, high-quality cannabis products, Aurora’s brands continue to break through as industry leaders in […]
This development was not well received by the market as Mexico was on the verge of becoming the third country to legalize recreational cannabis. Currently, Mexico’s revised cannabis proposal is under consideration and there is uncertainty about when the legislation will be voted on again. He and other high-ranking members have voiced concerns about changes […]
2020 was a banner year for the Canadian cannabis industry and we partly attribute the growth to the launch of cannabis 2.0 products. During the last year, we have focused on identifying Canadian companies that are capitalizing on the cannabis 2.0 market. Over the next year, we expect to see several cannabis 2.0 companies to […]
During the conference call, the management team highlighted the risk of price compression in Canada and this comment put additional pressure on Canadian cannabis producers. When compared to the same period last year, revenue has spiked higher and we attribute the growth to Auxly’s cannabis 2.0 business. When compared to 2019, revenues increased by more […]
When compared to the same period last year, revenue has spiked higher, and we attribute the growth to Auxly’s cannabis 2.0 business. When compared to 2019, revenues increased by more than 500% and we will monitor how revenue numbers grow from here. During the last year, Auxly has been highly focused on improving its balance […]
Earlier this week, Australis Capital Inc. We are bullish on the relationship with Copperstate Farms and consider it to be a potential major revenue driver for the business. According to the two-year contract, ALPS will execute on the project in two phases. The first phase of the Copperstate Farms contract is focused on having ALPS […]
Although the lower-than-expected revenue numbers are concerning, we find the risk of further price compression to be the most significant headwind for the Canadian cannabis industry. During Aphria’s post-earnings conference call, the management team highlighted the risks that are associated with price compression. When compared to the same period last year, net revenue declined due […]
“At Canopy Growth, we understand the importance of providing the Quebec market with a regionally-exclusive brand,” said Kelly Olsen , Vice President of Global Flower Business at Canopy Growth. Vert Green Cush and Sour Kush are cultivated at Vert Mirabel, a fully licensed, hi-tech greenhouse located in Mirabel, Quebec that is jointly owned by Canopy Growth […]
is making another splash in the category with the introduction of six new products to its existing brand offering. The six new products will be rolling out to retailers over the next few months and arriving just in time for summer, the largest adult-beverage season of the year. “Eight months ago we launched the largest […]