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 impact of the coronavirus outbreak and the falling of global oil prices has had a major impact on Canadian Cannabis stocks. Stocks of companies such as Tilray Inc. (NASDAQ: TLRY), Aurora Cannabis (NYSE: ACB), Canopy Growth Corp (NYSE: CGC) and Cronos Group (NASDAQ: CRON) all dropped 8.3%, 7.7%,...
In 2018 when Canada legalized recreational use cannabis there was a lot of optimism on the potential of the industry. However last year the industry sales fell short of expectations but going to 2020 the industry is poised to pick up growth momentum again. Despite the industry grappling with...
There is a lot of potential in the cannabis industry, and according to analysts, it could soon give investors good returns.  In the past few years, global cannabis sales have increased significantly, but the industry is still grappling with some issues. In Canada, for instance, cannabis operators have been...
The Canadian cannabis industry held so much promise when the country became the first country to legalize recreational adult-use cannabis in 2018. However, in recent months growth in the industry has slowed as the industry faces a range of challenges. The challenges include the slow rollout of retail outlets,...
When Canada legalized recreational marijuana in 2018 there was a lot of hype and fanfare regarding the legalization and most so this as a huge opportunity. Following the legalization, several cannabis operators listed stock exchange and this attracted several investors ready to pour money in the sector. However, with...
Canada has been on a leader in the growth of the global marijuana industry after becoming the first industrialized country to legalize recreational use in 2018. However, despite the legalization cannabis sales didn't go as planned as the industry has been grappling with supply issues and lack of adequate...
It is over a year since the legalization of recreational marijuana in Canada and the world has been watching the progress of the industry. Canada remains to be an important player in the global cannabis space as the industry begins to take shape. After a disappointing 2019, Cannabis companies...
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...
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...