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Although recreational cannabis has been legal in Canada for three years, the market continues to face challenges.  Municipal bans on cannabis brick-and-mortar retailers in Canadian provinces have slowed down the growth of the industry by forcing consumers to drive long distances to municipalities that have a large number of cannabis…

The first week of 2022 has proven to be a challenging period for the overall market as well as the cannabis sector.  The combination of rising inflation and interest rates has scared many investors and this is a trend that we are closely following.  During the last month, several broker-dealers…

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, is pleased to acknowledge the Company's increased ranking in The Globe and Mail's 2021 annual Report on Business review of Corporate Boards, known as Board Games. As recognized in the 2021 Board…

The Canadian cannabis industry has been one of the greatest beneficiaries of the US SAFE Banking Act not being included in the National Defense Authorization Act (NDAA) and we have been surprised by the recent trend.  After the bill was not included in the NDAA, Canadian Licensed Producers (LPs) have…

Leading Canadian Licensed Producers (LPs) were a bright spot of the cannabis industry after the SAFE Banking Act was not included in the amended version of the National Defense Authorization Act (NDAA).  On Tuesday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) traded approx. 5% higher after Wells Fargo & Company…

With earnings season kicking into high gear for the cannabis industry, several companies that have reported earnings have seen volatile price swings. Broker-dealers have been responding to the earnings reports by changing ratings and price targets on companies they respectively cover. Today, we highlighted several Canadian Licensed Producer (LPs) that…

Yesterday, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) released first quarter financial results and received mixed responses from broker-dealers.  We believe the most important takeaway from the quarter is related to how the Canadian cannabis company is highly focused on expanding its footprint in the United States (US). Below, we…

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that Aurora Nederland B.V., a wholly owned indirect subsidiary of the Company, has entered into an agreement to invest in a significant equity stake in Netherlands-based Growery B.V.…

Earnings season is heating up for the cannabis sector and we hope to see a trend reversal over the next few weeks. Canadian Licensed Producers (LPs) have come under additional pressure after a few leading operators reported less-than-stellar results. The market has been recently rewarding cannabis companies that have reported…

After reporting weaker-than-expected fourth quarter financial results, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) has traded in a mixed pattern and we continue to closely monitor the opportunity. Yesterday, the Canadian company enhanced its leverage to the international cannabis opportunity and launched the first medical cannabis oil in Uruguay under the brand…