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Earlier this week, Tilray Brands, Inc. (Nasdaq: TLRY) (TSX: TLRY) completed the acquisition of a secured convertible note which was previously issued by HEXO Corporation (Nasdaq: HEXO) (TSX: HEXO) and we consider this to be a significant development for both operators.  The investment is part of a strategic alliance with…

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…

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…

In late July, Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY) released fourth quarter financial results and the market responded favorably to the numbers. This was the first quarterly earnings report following the completion of a merger with Aphria, a leading Canadian and international cannabis company, and we believe the combined company…

Earnings season has kicked into high gear and we are highly focused on the performance of leading cannabis companies. Now that several cannabis companies trade on big-board stock exchanges in the US and are valued at more than $1 billion, more Wall Street firms have been covering the sector and…

Tilray (TSX: TLRY) (Nasdaq: TLRY) made a splash in Canada’s cannabis 2.0 market with the launch of a medical cannabis infused product line. The types of products that are being sold by the global cannabis company include tetrahydrocannabinol (THC) and cannabidiol (CBD) infused chocolates and gummies.  During the last year,…

Earnings season for the cannabis industry is kicking into high gear with leading Canadian Licensed Producers (LPs) Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) and Cronos Group Inc. (TSX: CRON) (Nasdaq: CRON) getting ready to report earnings tomorrow.  Last week, Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY) reported fourth quarter financial…

Although there has been a slowdown in news that is related to the vape market, the industry has been recording impressive growth so far this year and this is a trend that we are closely following.  From California to British Columbia, cannabis retailers have been reporting increasing revenue from the…

From Canadian Licensed Producers (LPs) to cannabinoid focused biotech companies, the legal cannabis industry has recorded impressive advancements so far this year.  Although several United States (US) multi-state operators and Canadian LPs are valued at more than $1 billion (from a market capitalization standpoint), we believe the industry is still…

Yesterday, Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY) released fourth quarter financial results that included numbers from its merger with Aphria and the stock ended the day up more than 25%.  Although Tilray reported 25% higher revenue when compared to the same period last year, the numbers came in below analysts'…