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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'…

Khiron Life Sciences Inc. (TSX Venture: KHRN) (OTC: KHRN) is a cannabis company that is flying under the radar and is one that we are closely following. The Latin American cannabis company is focused on improving people’s quality of life and we are favorable on how the management team has…

Flora Growth Corp. (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of global cannabis products and brands, is pleased to announce it has signed a non-binding Letter of Intent to form a joint venture with Canadian based Avaria Inc, the manufacturer and owner of KaLaya – an award-winning pain cream distributed…

One day after CIBC slashed its price target on Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), the broker-dealer lowered its price target on Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) to C$30 from C$36. The lower price target was issued ahead of Canopy Growth’s plan to report first quarter financial results…

Vext Science, Inc. (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid brand leader based in Arizona , leveraging its core expertise in extraction, manufacturing, cultivation and marketing to build a profitable multi-state footprint, today announced that it has signed an agreement with Agtech PA LLC ("Agtech") to exclusively produce and sell Wynk…

During the weekend, another broker-deal slashed its price target on Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY) to $17 from $20.66. This comes more than a month after the broker-dealer, CIBC, changed its rating on Tilray to Neutral from Buy and we will monitor how the market responds to the development.…

Although game-changing legislation to legalize cannabis at the federal level in the US has been submitted, the US cannabis sector has come under heavy pressure and this is a trend that caught us by surprise.  Over the next month, we expect to learn more about the potential to legalize or…

Schwazze, (OTCQX: SHWZ), announced that it has closed the transaction to acquire the assets of Southern Colorado Growers ("SCG") in Huerfano County, Colorado ; previously announced June 1 , 2021.  The acquisition includes 34 acres of land with outdoor cultivation capacity, as well as indoor, greenhouse, and hoop house cultivation…

Following the closing of the merger between Aphria and Tilray, Inc. (TSX: TLRY) (Nasdaq: TLRY), former Tilray CEO Brendan Kennedy took a backseat to Irwin Simon who was appointed as CEO of the combined company.  After the transaction closed, Tilray appointed Kennedy as a Director and a Board Member of…