Cannabis

Global spending on legal cannabis is expected to grow 230% to $31.3% billion in 2022 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. The research projects a majority of that, nearly $23.4 billion will come from the United States. In context of more states voting in favor of marijuana use legalization and business interest sparking across the board, that definitely would make sense.

In the year through January 11, 2019, the United States Marijuana Index, fell 20.7%, as compared to about 6.5% loss seen by the S&P 500. Given that is not exactly an apples to apples comparison, but it does make a case to at least investigate investments in marijuana stocks. (May 6, 2019, Mrinalini Krishna, Investopedia)

The launch of "Cannabis 2.0" in Canada is already picking momentum and it presents massive potential for an industry that had a difficult 20-19. The industry was plagued by slow market development because of the sluggish process of licensing cannabis companies. Most licensed cannabis producers are betting heavily on...
There was a lot of fanfare when Canada legalized recreational cannabis in 2018 and several investors wanted to break into the market. However, the past year has been one to forget for cannabis companies as the industry has not lived up to the hype. Cannabis stocks plummeted last year as...
The Canadian government is one of the governments around the globe that have shown support to growth, sale, and consumption of cannabis. This product has been legalized in the country for both medicinal and recreational purposes. It was back in 2001 that Canada took the initiative to legalize cannabis...
A brief on the sector It is a year since Health Canada gave the thumbs up for licensed stores to begin selling marijuana for recreational use. The news of Canada legalizing weed for adult use kicked off a sandstorm of euphoria, with companies setting up operations and promising astronomic returns...
The legal cannabis industry has undergone an epic shakeout this year. Most cannabis stocks have burnt significant investor wealth and according to CEO of Acreage Holdings (OTCMKTS: ACRGF) Kevin Murphy, this is 2008 for the marijuana sector. Investors put a lot of money in Canada's cannabis market and a...
The Canadian cannabis industry has been on the rocks this year and the fanfare that surrounded the legalizations of recreational uses hasn't lived to expectations. Companies have had to contend with the slow licensing process of physical locations at the federal and provincial levels. As a result, cannabis companies...
Over one year since legalization of recreational marijuana in Canada, the industry is growing fast. During the one-year anniversary, Cannabis 2.0 went live, expanding the product range available to users. While Canada is making the huge strides, the US is still dragging its feet. Is it possible for cannabis...
There was a lot of fanfare around the cannabis industry in Canada last year following the legalization of recreational pot. Equally in October this year, the country legalized cannabis derivatives but still, the industry is yet to live up to expectation. There have been challenges that pot companies have...
When Canada legalized recreational use marijuana last year there was a lot of fanfare regarding the potential of the industry. Although the legalization of marijuana saw the development of markets where there was none the rate of licensing of cannabis dispensaries has been sluggish. Most of the pot stocks...
Current scenario in the industry One year on since legalization of recreational cannabis in Canada, the assessment is that a lot needs to happen. On the one hand, the market seems to have failed to pick up, at least not according to what enthusiasts expected. Across the board, there seems...