This U.S. Cannabis Producer Would Be an Amazing Acquisition Target for Canopy Growth (TSX:WEED)

Front-running Canadian cannabis producer, Canopy Growth (TSX:WEED)(NYSE:CGC) has been making some innovative moves of late, positioning itself to take advantage of a plethora of potentially lucrative segments within the burgeoning marijuana industry. Against this backdrop, a top American cannabis company could make for a sweet acquisition target — or a major potential rival for the U.S. market. Never mind the…

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My Favourite Marijuana Stock for 2019

Like many in the investing world, I’m excited about the marijuana boom. Everyone expected enormous gains post-legalization. But as it turned out, the marijuana industry is more complex than initially imagined. Instead of reporting massive profits, Canadian cannabis producers are reporting staggering losses. The problem now is, how long it would take to recover those losses and post profits. As…

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3 Public Cannabis Companies with Operations In Illinois

On May 31, 2019, Illinois lawmakers voted to officially legalize recreational cannabis in the state. The move makes Illinois the eleventh U.S. state to have legalized recreational marijuana for adult-use. Illinois Governor J.B. Pritzker took office in January 2019, after winning the election on a pro-legalization stance and making the issue a key campaign promise. The bill awaits a final…

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3 Takeaways From Aphria Inc’s (TSX:APHA) Q3 Results

Aphria (TSX:APHA)(NYSE:APHA) released its third-quarter results on Monday. The company’s revenues were up more than 600% in what was its first quarter with a full three months of recreational sales. However, with Aphria recording a loss of more than $108 million, investors were left unimpressed, as the stock dropped 14% on the day the results were announced. It was a…

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Is Aphria Inc.’s (TSX:APHA) $1 Billion Sales Target Out of Reach?

The norm these days for cannabis companies is to shore up investor interest with outlandish promises. Aphria (TSX:APHA)(NYSE:APHA) is the latest to make such pronouncement. But are investors ready to take the company’s target of $1 billion sales seriously? No one wants to see their money go up in smoke anymore. Last year was a horrific year for Aphria. A…

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