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After the market closes today, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) will report second quarter financial results and we expect the market to dissect the numbers that are released.  Yesterday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) traded almost 15% higher after releasing third quarter financial results and we…

In late 2020, HEXO Corporation (TSX: HEXO) (Nasdaq: HEXO) received approval from shareholders to conduct a reverse stock split in order to comply with regulations to continue to trade on the New York Stock Exchange (NYSE). After the split, the Canadian LP voluntarily delisted from the NYSE and started to…

So far, 2022 is already proving to be a volatile year for the global economy and we are not even through the first month. From rising interest rates to surging COVID cases, we expect the market to continue to trade in a volatile way.  Although we are concerned with the…

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…

Earlier this year, Organigram Holdings Inc. (TSX: OGI) (Nasdaq: OGI) received a large investment from a leading tobacco conglomerate and we saw a spike in interest in the Canadian Licensed Producer (LP) after the announcement. From capturing more market share of Canada’s cannabis 2.0 vertical to making major changes to…

HEXO Corp (TSX: HEXO; NASDAQ: HEXO), a leading producer of high-quality cannabis products, today announced the appointment of John K. Bell as Chair of the Board of Directors, effective December 14, 2021. “A key priority for the Company is to enhance its corporate governance and John brings a tremendous amount…

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 broker-dealers have changed their respective ratings and price targets on companies they cover. Today, we highlighted 7 Canadian cannabis companies that have been the subject of rating and price target changes so our readers can better understand the…