cannabisstocks

[cannabisstocks]

Therapix a Cinderella Story Amid Pot Stocks Getting Burned

Source: The Blunt Investor - Therapix a Cinderella Story Amid Pot Stocks Getting Burned

[cannabisstocks]

This Company is Meeting Cannabis Demand in Canada

The company surprises by rising to meet higher than expected retailer demands for cannabis.

HEXO Corp. (TSX: HEXO.TO), a Canadian cannabis producer with supply agreements with Société québécoise du cannabis (SQDC), Ontario Cannabis Society and British Columbia, announced this morning they delivered on all orders and replenished stock across Canada last week legalization. Although demand was higher than expected, the company says it rose to the occasion.

Source: The Blunt Investor - This Company is Meeting Cannabis Demand in Canada

[cannabisstocks]

Is This Company Courting a Bigger Listing?

Debenture offering puts company in a better position for bigger listing.

Last month, The Supreme Cannabis (TSXV: FIRE) (OTCQX: SPRWF) announced a bought deal offering which closed on Friday for proceeds of $100 million. The 6.0% senior unsecured convertible debentures mean dilution to some, future growth to others.

Source: The Blunt Investor - Is This Company Courting a Bigger Listing?

[cannabisstocks]

Will Shareholders Gain on Rumors in Spite of News?

NYSE listing rumors may overshadow this company’s most recent earnings report in the markets.

Q1 results for Aphria Inc.'s 2019 fiscal year had some surprises in store, and the company’s stock fell 3 percent on Friday amidst a post-legalization-day rally in the sector. However, a catalyst on the horizon may eclipse that news.

Source: The Blunt Investor - Will Shareholders Gain on Rumors in Spite of News?

[cannabisstocks]

As Pot Stocks Pulled Back, Aphria Stayed Green

Aphria’s CEO Vic Neufeldbhas son thoughts on how the company is staying ahead of the cannabis curve.

As predicted by many, the major marijuana stocks were in the red on Canadian legalization. The leading marijuana stocks in Canada, were down 2.76 percent. The pullback was not as horrific as some had predicted, as was evident from before the bell even rang.

Source: The Blunt Investor - As Pot Stocks Pulled Back, Aphria Stayed Green

[cannabisstocks]

What Are Pot Stocks Doing Pre-Market?

After all the sell-on-news hype, where will the stocks open?

Source: The Blunt Investor - What Are Pot Stocks Doing Pre-Market?

[cannabisstocks]

Comparing the Cannabis Stock Boom to Bitcoin's Run? Consider This

Cannabis stocks are booming, and many are comparing them to bitcoin stocks. But pot stocks have one thing going for them.

There are similarities with the digital currency craze, and also one significant difference: revenue. As pot users and stock watchers prepare for legalization tomorrow, online and bricks-and-mortar stores across the country prepare to sell their real-life products.

Source: The Blunt Investor - Comparing the Cannabis Stock Boom to Bitcoin's Run? Consider This

[cannabisstocks]

Another Huge Cannabis Supply Problem

What is an excise stamp, who has it, and why is it causing such problems?

Licensed cannabis producers have a supply problem. The problem isn’t necessarily with producing enough cannabis, however. While pot demand soars amid supply concerns as legalization approaches, there is another supply issue on the horizon: stamps.

Source: The Blunt Investor - Another Huge Cannabis Supply Problem

[cannabisstocks]

This Company is Sending 9000 Kilos of Pot to Europe

Wayland Group (CSE: WAYL) (OTCQB: MRRCF) – formerly known as Maricann Group Inc. – announced a supply agreement with Cannamedical Pharma GmbH today. Cannamedical is the largest privately-owned cannabis importer and distributer in Germany.

Source: The Blunt Investor - This Company is Sending 9000 Kilos of Pot to Europe

[cannabisstocks]

Is Canopy Preparing for U.S. Federal Legalization?

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced an agreement with hemp research company ebbu, Inc. this morning. Ebbu, based in Evergreen, Colorado, is a leader in hemp research.

Source: The Blunt Investor - Is Canopy Preparing for U.S. Federal Legalization?

[cannabisstocks]

What's the Meaning Behind Aurora Letting TGOD Options Expire?

The major producer and seller let its Milestone Option expire - what does it mean?

Aurora Cannabis had the opportunity to buy The Green Organic Dutchman shares at a discount. So why didn't they? Here's what we know.

Source: The Blunt Investor - What's the Meaning Behind Aurora Letting TGOD Options Expire?

[cannabisstocks]

Report Warns of Legalization Day Shortage

Canadian think tank estimates there won’t be enough green on game day.

At current rates of production, there will to be a shortfall of cannabis in Canada on October 17th, according to a Canadian think tank. The current legal marijuana supply in that country will meet between 30 and 60 percent of estimated demand, according to numbers the institute released this week.

Source: The Blunt Investor - Report Warns of Legalization Day Shortage

[cannabisstocks]

The Largest U.S. Cannabis Acquisition In History Just Happened

The transaction brings the company access to 79 retail and cultivation licenses in 12 U.S. states.

Source: The Blunt Investor - The Largest U.S. Cannabis Acquisition In History Just Happened

[cannabisstocks]

Will Marijuana Legalization Disrupt a $500 Billion Market?

CEO of a major cannabis company states that multiple industries stand to lose market share.

Cannabis could target a wide range of industries including alcohol and cigarettes, but the company claims it could go even further than that. Its CEO Bruce Linton describes his expectations of the company's growth.

Source: The Blunt Investor - Will Marijuana Legalization Disrupt a $500 Billion Market?

[cannabisstocks]

White House to unveil federal cannabis reform 'very soon,' says GOP lawmaker

Trump suggests he'll help to lift marijuana ban according to lawmakers.

According to lawmakers, Trump has suggests he'll help to lift marijuana ban in the US for medical marijuana.

Source: The Blunt Investor - White House to unveil federal cannabis reform 'very soon,' says GOP lawmaker

[cannabisstocks]

Major Marijuana Producer to Cut Costs Through Automation

Automated production will increase along with jobs in the run up to cannabis legalization in Canada.

Aphria is investigating automation to keep its production costs down. Automated production will increase along with jobs in the run up to cannabis legalization in Canada.

Source: The Blunt Investor - Major Marijuana Producer to Cut Costs Through Automation

[cannabisstocks]

Maker of Marlboro’s Eyeing Canadian Cannabis Grower

Canada's national newspaper reported on talks between Altria and major producer.

Canadian weed stocks moved higher today on news of Altria'a investment in the sector, but only the investment target remained higher at the close.

Source: The Blunt Investor - Maker of Marlboro’s Eyeing Canadian Cannabis Grower