AdvisorShares Pure Cannabis ETF (NYSE: YOLO) has declared its latest quarterly distribution to shareholders at a rate of $0.0178 per share. This announcement aligns with the growing trend of regular payouts from cannabis-related stocks and…
New Lake Capital Partners (OTC: NLCP), which owns, operates or finances income-producing cannabis-focused real estate, is gaining traction among investors, evidenced by an 11% rise in stock price over the past 90 days.
Aurora Cannabis Inc.’s stock fell nearly 6% on Thursday after the Canadian marijuana company fell short of the analyst estimate for its fourth-quarter revenue, although it reported a narrower loss than in the previous year on robust…
Despite a 23% decrease in stock price over the past month, Village Farms International (NASDAQ: VFF) showcases a robust financial outlook with compelling growth in sales and improvements in gross margins and SG&A efficiencies.
Equity research firm Zuanic & Associates convened a panel in mid-June featuring industry experts to dissect the ongoing cannabis rescheduling efforts in the US. They provided a comprehensive outlook on the rescheduling process, expected to…
The U.S. cannabis market presents a significantly skewed risk-reward opportunity, particularly within the realm of multi-state operators (MSOs). As explained by author Chris Ingrassia in Todd Harrison's “Cannabis Confidential” newsletter,…
A short squeeze forces investors betting on a stock's decline (short sellers) to buy back shares at a higher price to avoid losses, triggering a price surge. Analyst Faizan Farooque sees this potential in Aurora Cannabis (NASDAQ: ACB) and…
As Ohio gears up for the launch of its adult-use cannabis market, consumers may initially face higher prices. Retailers are already witnessing price increases at the wholesale level as they stock up in anticipation of robust demand. This…
Anson Funds agreed to a $2.25 million settlement with the Securities and Exchange Commission (SEC) over a secret relationship with a short seller affecting two cannabis companies. The SEC found that while Anson Funds disclosed its short…
Among the top 5 multi-state operators (MSOs) in the cannabis industry is Cresco Labs (OTC: CRLBF), with a significant presence in states like Ohio, Pennsylvania and Florida.
Anson Funds Management and Anson Advisors were fined $2.25 million for making secret payments to a researcher who published bearish reports and negative tweets about two cannabis stocks
Canopy Growth Corporation (NASDAQ: CGC)'s announcement of an at-the-market (ATM) equity program has generated significant buzz within the cannabis industry, even as the stock traded down following the news. The program, which allows Canopy…