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Cronos: Is this Cannabis Stock Still a Buy?

Cronos: Is this Cannabis Stock Still a Buy?

Cannabis in the News, Cronos Group, Financial Results, Investment Opportunities, marijuana stock, Stock Talk

Cronos: Is this Cannabis Stock Still a Buy? As per investment Bank Stifel, global marijuana sales are expected to reach $200 billion by the next decade. So, investors who can identify the best-positioned companies in the fast-growing market can potentially make a...
Is Planet 13 Holdings Still a Strong Buy?

Is Planet 13 Holdings Still a Strong Buy?

Cannabis in the News, Expansion, Financial Results, Investment Opportunities, marijuana stock, Planet 13, Stock Talk

Is Planet 13 Holdings Still a Strong Buy? Cannabis stocks have been in demand since the legalization of cannabis across different states in the USA and the congressional passage of a bill that would decriminalize cannabis at the federal level. Nevada-based cannabis...
Organigram (OGI) Reports Q4 2020 Results

Organigram (OGI) Reports Q4 2020 Results

Cannabis in the News, Financial Results, marijuana stock, Organigram, Stock Talk

Organigram (OGI) Reports Q4 2020 Results Organigram (OGI) just reported its Q4 2020 results and here are the key highlights from the earnings call: Q4 2020 net revenue increased 25% to $20.4 million from $16.3 million in Q4 2019 Q4 2020 gross revenue increased 32% to...
Planet 13’s Q3: Out of this World

Planet 13’s Q3: Out of this World

Cannabis in the News, Financial Results, Planet 13

Planet 13’s Q3: Out of this World Planet 13 Announces Record Third Quarter 2020 Financial Results Q3 2020 Revenue of $22.8 million; Adjusted EBITDA of $6.2 million All figures are reported in United States dollars ($) unless otherwise indicated LAS VEGAS, NV /...
Decibel Announces Net Revenue Increase of 29%

Decibel Announces Net Revenue Increase of 29%

Cannabis in the News, Financial Results, International Cannabis News, Investment Opportunities, marijuana stock

Decibel Announces Net Revenue Increases of 29% from Prior Quarter, First Period of Positive Adjusted EBITDA and Results of Annual Meeting CALGARY, AB, Nov. 25, 2020 /CNW/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”)...
When Will Canopy Growth Finally Turn a Profit?

When Will Canopy Growth Finally Turn a Profit?

Cannabis in the News, Canopy Growth, CBD Stocks, Financial Results, Hemp, Legalization, marijuana stock, Stock Talk

When Will Canopy Growth Finally Turn a Profit? Canadian cannabis stocks have continued to underperform over this past year. Cannabis stocks like Canopy Growth Corporation (NYSE:CGC) have taken a beating and have seen massive hits on valuation. In fact, the stock is...
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HempFusion TSX CBD Hemp Stocks

Cannabis Stock Watchlist

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HempFusion TSX CBD Hemp Stocks

Risk of Prosecution for Marijuana-Related Companies.  If you are considering investing in a company that is connected to the marijuana industry, be aware that marijuana-related companies may be at risk of federal, and perhaps state, criminal prosecution.  The Department of Treasury recently issued guidance noting: “ The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana.  Many states impose and enforce similar prohibitions.  Notwithstanding the federal ban, as of the date of this guidance, 20 states and the District of Columbia have legalized certain marijuana-related activity.”

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