ABcann Global Announces Financial Results And Provides Operational Update

ABcann Global Corporation (TSXV:ABCN) (OTC: ABCCF) today announces the release of its financial results for the three and nine months ended September 30, 2017. Copies of the interim filings, including the Management’s Discussion and Analysis for the period, are available under the Company’s SEDAR profile at www.sedar.com.

Highlights from Q3/17

A Technical Breakdown: $EMC, $WEED, $ACB, $LEAF, $CMED

Canadian cannabis stocks ended the week on a high note and many investors are closely watching how this sector trades off the open.

Over the last few months, we have been monitoring trading volume and momentum as Canadian licensed medical marijuana producers have come well off its summer lows. We have been favorable on this trend and remain bullish on the Canadian cannabis sector.

3 Canadian LP Earnings Reports You Must Read

Earnings season has started to heat up and marijuana stock investors have a lot to catch up on this morning.

After the market closed yesterday, licensed medical marijuana producers Cronos Group and Emblem Corp. reported earnings and we have provided a recap on these results. We have also provided an update on CannTrust after the company reported strong numbers yesterday.

Cronos Group: Revenue Grew 25% Over the Prior Quarter

This Canadian LP Is Quietly Becoming Canada's Lowest Cost Producer

Although they are new to the marijuana space, Village Farms International (VFF.V) (VFFIF) is making waves.

The company reported its second quarter financial results today and the numbers were impressive. During the quarter, Village Farms recorded $4.3 million in net income on $45.5 million in revenue.

Even though this revenue is not derived from cannabis, it shows that Village Farms has the ability to execute and operate at a very high level.  

Cannabis Makes Its Way Into the G-20 Summit

The G-20 summit is currently taking place in Hamburg, Germany and marijuana has made its presence known.

Although some of the expected discussion topics include climate change, security and trade, we think medical marijuana will be a topic that takes center stage. 20% of the countries at the G-20 summit have legalized medical marijuana and it will be a topic that is nearly impossible to ignore. Every country is looking for ways to lower its debt level and marijuana is the answer.

Australia's First Licensed Producer Gets the Green Light

The legal cannabis movement continues to gain traction all over the world and other nations are not waiting on the U.S. to make a decision on the miracle plant’s legal status.

2017 has been a year to remember and we are not even at the mid-point yet. From the largest country in the European Union to entire continents, 2017 has been highlighted by the opening of new, major cannabis markets.

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