The cannabis industry just announced a groundbreaking $1.7 billion megadeal with big tobacco that has the sector on the upswing this week.
Marlboro maker Altria Group (NYSE: MO), one of the largest tobacco companies in the world, announced a $1.7 billion investment in Cronos Group (NASDAQ: CRON), one of Canada’s largest cannabis companies. Continue reading “Marlboro Maker Invests $1.7 Billion in Cannabis Megadeal”
Chicago just took a big step toward becoming the cannabis capital of the Midwest. Not only would that be good for the broader US cannabis industry – it would be great news for two young and promising cannabis companies operating a string of cultivation facilities and dispensaries all across Chicago and Illinois.
The catalyst for Chicago’s cannabis potential? Governor-Elect JB Pritzker. Continue reading “Chicago Ready to Legalize – 2 Industry Leaders That Could Soar”
The US hemp industry is on the verge of a groundbreaking legal victory. Powerful politicians are about to open the floodgates for billions in new sales to flow into the hemp industry in the next few years with a controversial piece of legislation.
This potential legal breakthrough is the perfect catalyst for a promising young US cannabis company that is an early leader in the high-growth hemp and CBD markets. Continue reading “Farm Bill Could Unleash $1 Billion in US Hemp Sales”
Massachusetts began selling recreational cannabis on November 20, 2018. If early sales are any indication the New England state is set to grow into one of the largest and fastest growing cannabis markets in the US.
According to local reports, lines were wrapped around the street and eager consumers were willing to wait in line for hours. Continue reading “Massachusetts Goes Legal – 2 Cannabis Leaders Looking to Cash In”
Cannabis IPOs have been red hot in 2018.
Tilray (TLRY), one of the largest cannabis companies operating in Canada and the US, is a great example.
This early industry leader began trading on the US-based NASDAQ exchange on July 20 at $24.20. Today shares are up more than 300%, trading above $100. Continue reading “Record $4 Billion Cannabis IPO Set for Thursday”
A green wave swept through the US yesterday.
The US midterm elections were a big win for the US cannabis industry.
Three new states voted to legalize and join the cannabis party.
- Michigan voted to legalize recreational cannabis.
- Missouri voted to legalize medical cannabis.
- Utah voted to legalize medical cannabis.
Continue reading “The 2 Best Cannabis Stocks for the US Green Wave”
If you love a great deal now is the time to be looking at cannabis stocks because the sector just went on sale.
The cannabis sector has fallen into a bear market. In the last two weeks, the North American cannabis index has fallen sharply, dropping 34%. Continue reading “Cannabis Sector Down 34% from 52-Week High: Buy or Run?”
It’s only 13 days away.
It could be the biggest day of the year for the US cannabis industry, and it could give US cannabis stocks a major jolt.
I’m talking about the US midterm elections.
No doubt you’ve been hearing about a potential blue wave.
For cannabis investors, I see a green wave on the horizon. Continue reading “US Midterms Could Send This Cannabis Leader Flying”
It is the biggest event in the history of the cannabis sector.
It could send cannabis stocks soaring into a new all-time high.
And… its only seven days away. Continue reading “History Says Cannabis Stocks Will Soar on October 17”
Canadian exports of medical cannabis oil exploded higher in 2017 – and it looks like this is the very beginning of a powerful trend that is creating another great opportunity for investors.
According to data shared with Marijuana Business Daily by Health Canada, Canadian exports of medical cannabis oil surged 300% in 2017, climbing to 400 kilos, up from 101 kilos in 2016. Continue reading “New IPO Targeting Cannabis Oils – 300% Growth in 2017”