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During the last year, leading Canadian broker-dealers have been downgrading Canadian Licensed Producers’ (LPs) rating on average. The banks have also been lowering price targets for Canadian LPs and we consider this to be a bearish indicator.  Although we continue to hope to see a change in trend with rating…

Today, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) released second quarter financial results and the market initially responded slightly negative to the report, with the shares trading approx. 6% lower on the open.  The quarter was highlighted by the planned acquisition of the leading edibles company in North America, Wana Brands. We…

2021 has been a challenging year for Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and the stock is down more than 50% so far this year.  During the last month, we have noticed a substantial increase in the number of broker-dealers that are lowering their respective price target on the…

Earnings season is kicking into high-gear and leading cannabis companies are getting ready to report quarterly financial results.  Starting with Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) on August 6th, we expect the cannabis sector to become a major topic of discussion…

In the first quarter of 2021, we noticed a significant spike in interest in the Mexican cannabis market. The catalyst behind the increased interest was related to legal cannabis legislation that was quickly advancing through the Mexican government.  The legislation garnered support from Mexico President Andrés Manuel López Obrador and…

After publishing an article that covered the potential for Mexico to legalize recreational cannabis, we noticed that is significant interest in the vertical. According to leading cannabis market research firm New Frontier Data, Mexico’s annual cannabis sales would be between $1.8 billion and $2 billion. Following the uptick in interest,…

One of the ripple effects of the COVID pandemic is related to a surge in the number of people who own a pet. In early days of the pandemic, media outlets were reporting that animal shelters are empty as people purchased pets to keep them company or to provide entertainment…

Last week, we published the first part of a two-part series that covers the Canadian cannabis retail market and received a lot of requests for more information on the topic. In today’s follow up article, we have highlighted 5 companies that are capitalizing on this vertical of the Canadian cannabis…

Cannabis stocks have been trending lower and Technical420 continues to help its members build wealth while preserving it at the same time through best-in-class stock analysis. Today, we want to highlight some important trends to help you become a better cannabis trader too!Canopy Growth’s Subsidiary Exports Cannabis to Brazil Canopy…

With Canada on the verge of legalizing recreational cannabis, more capital has entered the industry.One the most significant developments in 2015 was Justin Trudeau’s and the Liberal Party’s success in the Canadian general election. The outcome was a huge victory for the cannabis industry and a catalyst for Canadian cannabis…