North America

Wed
19
Jan

Why Sundial, Canopy Growth, and Aurora Cannabis stocks just tanked

girl smoking weed

Did one rogue Senate candidate just blow up prospects for marijuana legalization in 2022?

Cannabis stocks are behaving rather oddly on Tuesday -- a day when news for the marijuana sector is by and large bullish.

As of 12:30 p.m. ET, shares of Sundial Growers (NASDAQ:SNDL) are falling 3.5%, Canopy Growth (NASDAQ:CGC) is down 4.6%, and Aurora Cannabis (NASDAQ:ACB) has racked up a 4.9% loss.

Wed
19
Jan

Could Innovative Industrial Properties stock help you retire a millionaire?

girl with cash

Cannabis stocks aren't typically high on my list of go-to durable wealth creators -- except when it comes to Innovative Industrial Properties (NYSE: IIPR). Between its highly repeatable business model, persistently rising cash flows, and valuable service it provides for the cannabis industry, Innovative Industrial Properties (IIP) is a great option to increase your chances of retiring as a millionaire.

But that doesn't mean it's a ticket to get rich quickly nor is this company risk-free. Let's analyze how IIP makes money and why it might be a good fit for your portfolio.

Wed
19
Jan

3 recent cannabis trends that are here to stay

cannabis in hand

Even though there have been trends that have taken hold within the world of cannabis in the past, it’s hard to imagine them having a bigger impact than ones that have taken hold in the early 2020s.

To say that the world of cannabis is much different than it was just a decade ago would be a drastic understatement. In years past there haven’t been as many developments around cannabis due to tight restrictions. Now, as those restrictions fade away in many locations, developments in the world of cannabis are coming constantly.

Tue
18
Jan

Cannabis banking is booming despite federal uncertainty

marijuana cash

Small banks are gaining confidence

Cannabis companies may not be able to work with the JPMorgan Chases and Citigroups of the world anytime soon, but that hasn’t stopped small banks from flooding into the space.

On the surface, it would seem that the industry’s prospects for being able to bank like normal companies has taken a hit. U.S. Representative Ed Perlmutter of Colorado, the biggest supporter of legislation that would liberalize rules for cannabis banking, just announced his retirement. The SAFE Banking Act he  backed stalled late last year. Meanwhile, Visa Inc. sent a memo to banks saying that so-called cashless ATMs — a workaround used by some dispensaries to avoid dealing in cash — weren’t copacetic.

Tue
18
Jan

Hemp industry pivots toward grain and fiber

hemp plants

After a brutal shake-out that chopped hemp acreage in half in two years, the industry is focusing on hemp as a source of grain and fiber, a less profitable but possibly steadier market than cannabinoid (CBD) oil, used in food, beverages and dietary supplements. Analysts say the unclear regulatory status of CBD has throttled sales.

Growers rushed into industrial hemp following legalization of the crop by the 2018 farm bill, attracted by reports of high revenue from hemp sold for processing into CBD oil. But the pandemic and a glut of hemp crushed wholesale prices.

Tue
18
Jan

Reasons doctors prescribe marijuana most

woman in pain

Six reasons why doctors recommend using marijuana, according to experts.

Tue
18
Jan

CBD water: Big market opportunity or just the next crazy CBD-infused product?

water bottles

The product has several utilities, but the downsides surrounding it are guaranteed to put people off.

Water is one of the most fundamental needs for the survival of humans. This is why CBD water is a brilliant innovation that speaks to the innate needs of cannabis users while promising an excellent high at the same time.

Many have heard about CBD water, but few have seen it on shelves, and fewer still have tasted it. The product has been described as exciting, convenient, and novel for so long, it’s surprising that it’s not yet mainstream. Several factors have stalled the progress of this product’s market, especially its high cost and basic formulation.

Tue
18
Jan

Wine vs.Cannabis: How social inequity differs in both industries

wine vs cannabis

The high barrier of entry into the wine world is one of the biggest reasons for the lack of diversity within the industry. Being a budtender or managing a dispensary doesn’t require as much training. 

As the cannabis industry develops, it’s hard not to make comparisons to other industries that had gone legit after years in the shadows. Among the first that comes to mind is wine.

Given the fact that the wine industry predates recreational cannabis by decades, it seems that it should come as no surprise that there’s a level of racism present within the industry, just as there are throughout other industries. Unfortunately, much of the racism that existed during the inception of the wine industry persists today. 

Mon
17
Jan

Cannabis, Marijuana And Hemp — What Is The Difference, Exactly?

cannabis plant

Cannabis sativa is a universal and versatile plant, so it’s no wonder that it has been given so many names throughout history and the world.

There are many names attributed to the plant that is scientifically known as cannabis sativa. From weed, to hemp, cannabis and marijuana, this seven-pointed leaf plant has a list of aliases that seems to grow as quickly as the plant itself. 

Many names linked to cannabis sativa refer to the same type of plant or product, but not all of these terms should be used interchangeably. In fact, cannabis, hemp and marijuana all refer to different products. It is critical to understand the difference as some of these products are fully legal while others are associated with possible felony offenses. 

Mon
17
Jan

Top Marijuana Stocks To Watch To Start The New Week

watching stocks

Marijuana Stocks To Watch In The 3rd Week Of January

Right now marijuana stocks in 2022 have shown some progress. Now we are not talking major runs or anything like that. But coming off of a year-long downtrend the start of 2022 has been fair so far. In the first 2 weeks of the year, the sector was able to see a small bit of upward consistency. Some feel this initial rise in trading was due to the excitement of starting a new year. Yet halfway through the first week of 2022 most cannabis stocks were dealing with some pullback. During the second week of January, the same pattern occurred as the first.

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