Cannabis News Box

Investors should approach cannabis stocks with caution after IGC sinks

Investors should approach cannabis stocks with caution after IGC sinks

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 12, 2018


Filed under Culture

Back in February, the chief executive of India Globalization Capital (IGC) said that his cannabis company was the only one using blockchain technology. Ram Makunda, the company CEO, really grasped investor attention when he said that “2018 is a very exciting year for us with a lot of milestones invest...

Cannabis stocks plummet following Canada’s cannabis legalization

Cannabis stocks plummet following Canada’s cannabis legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 26, 2018


Filed under Global

Two of the biggest cannabis ETF's descended sharply on Monday when Canada's leading cannabis companies experienced losses of over 10 percent each. The ETFMG Alternative Harvest ETF, the biggest U.S. cannabis ETF, dropped to $33.99, a 9.36 percent decline. However, compared to some other cannabis stoc...

Former president of NYSE advises investors to steer clear of Tilray (for now, at least)

Former president of NYSE advises investors to steer clear of Tilray (for now, at least)

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 10, 2018


Filed under Culture, News

Have you been paying attention to the cannabis news lately? If so, you will know that Tilray has emerged as one of the highest valued cannabis companies in the industry. The Canadian medical cannabis supplier might seem like a worthwhile investment but, according to former NYSE President Tom Farl...

Constellation Brands invests $4 billion in Canopy Growth and stocks skyrocket

Constellation Brands invests $4 billion in Canopy Growth and stocks skyrocket

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 27, 2018


Filed under Global, News, Showcase

Alcohol corporation Constellation Brands Inc. has recently announced a deal that has sent a ripple of excitement across the cannabis and alcohol industries. On Wednesday, August 15, Constellation Brands announced a $4 billion investment in diversified cannabis company, Canopy Growth Corp. As a result ...

Cannabis stocks: Tilray begins IPO after NASDAQ application

Cannabis stocks: Tilray begins IPO after NASDAQ application

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 17, 2018


Filed under Culture

Tilray, a Canadian medical cannabis producer, has instituted an initial public offering (IPO) after it's NASDAQ listing application. The company joins a number of other cannabis stocks on the prominent U.S. stock exchange, including Canopy Growth Corp. (CGC) and Cronos Group (CRON). Headquartered in...

Jeff Sessions might make cannabis stock investors wealthy

Jeff Sessions might make cannabis stock investors wealthy

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 21, 2018


Filed under News, Politics, Social cannabis

If there is one thing that U.S. Attorney General Jeff Sessions is best known for, it’s probably his opposition to cannabis legalization. Despite this, Sessions could potentially aid cannabis investors in raking in the cash over the next few years, so it seems. There aren’t many industries that experien...

The success of the cannabis industry in the U.S. will likely hurt the beer industry

The success of the cannabis industry in the U.S. will likely hurt the beer industry

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 10, 2018


Filed under Culture, News

The rapid rise of the cannabis industry could cause trouble for the beer industry, according to the managing director and senior research analyst at Cowen, Vivien Azer. Azer has noticed a correlation between the rate of binge drinkers living in weed-friendly states. Not to mention, people with easy acc...

Investors should keep their eye on these Israeli medical cannabis stocks

Investors should keep their eye on these Israeli medical cannabis stocks

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 25, 2018


Filed under Global

Investing in cannabis stocks is a wise move for anyone who wants to earn sizable returns. Among the top-trading stocks on the market right now, Israeli medical cannabis stocks make up a big portion of them. Israel is constantly being mentioned in the news for its involvement in the cannabis industry. The coun...

Worldwide cannabis investments rise by almost 600 percent

Worldwide cannabis investments rise by almost 600 percent

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 13, 2018


Filed under Research

Cannabis investments have grown by 600 percent in comparison with figures released in the first five weeks of 2017. Based on data published by the Viridian Cannabis Deal Tracker, $1.23 billion was invested in the global cannabis industry in January of this year. This monthly figure is almost as much ...

These pot stocks are predicted to soar if cannabis is legalized in Canada

These pot stocks are predicted to soar if cannabis is legalized in Canada

March 6, 2018


Filed under Global

Canada is emerging as a country that could potentially rival the United States if it legalizes cannabis. Back in 2017, Canada’s cannabis market was worth an estimated $316 million CAD - equivalent to almost $250 million USD. This figure is pretty impressive, considering the fact that the recreational...

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