Marijuana Business News

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stocks
business
Wed
08
May

The Green Organic Dutchman Holdings Ltd. (TGOD) (TGODF) to release first quarter 2019 earnings results

The Green Organic Dutchman Holdings Ltd. (“TGOD” or the “Company”) (TGOD.TO) (TGODF) announced today that the Company expects to release its first quarter 2019 earnings on Wednesday, May 14, 2019 , after market close.

The Company will hold a conference call conducted by Brian Athaide , Chief Executive Officer, and Sean Bovingdon , Chief Financial Officer, at 9:00 am Eastern Time on May 15, 2019 , to discuss first quarter 2019 results and future outlook.

CONFERENCE CALL INFORMATION:

Date: May 15, 2019 | Time: 9:00 am EST

Participant Dial-In

Local – Toronto : 416 – 764 – 8688

Toll Free – North America : 1- 888- 390 – 0546

Conference ID – 42408893

Listen to Webcast

Wed
08
May

Which marijuana stocks are proving their values this week?

Value is something that has been hard to determine in the world of marijuana stocks as prices fluctuate so heavily and so often. Despite this, it seems as though viewing the substance as a commodity may be one of the fairer ways to determine the value of a given company. Of course, this only works for the companies that grow the substance, but these also happen to be the most volatile. Other companies such as those a part of the ancillary services market on cannabis are able to offer different things to the market that make the value more easily attainable.

Wed
08
May

A beginner’s guide to investing in marijuana stocks — Canopy Growth (TSX:WEED) and Aurora Cannabis (TSX:ACB)

There are hundreds of articles about marijuana stocks published every day, and half the articles urge investors to jump in before it’s too late. The other half stress caution.

Yet, too much information can be overwhelming and confusing.

What’s an investor to do? Let’s start by understanding the industry.

Pot stocks are relatively new to the TSX

Five years ago, Tweed Inc became the first marijuana stock to begin trading on the TSX Venture Exchange. At the time, the legalization of recreational pot seemed unlikely under Canada’s conservative government.

Wed
08
May

4 craft cannabis stocks carving out a lucrative niche

Craft cannabis is exactly what you might think: cannabis that has been crafted with the highest quality of care. Just as a coffee connoisseur has high expectations for his quality of brew, or an aficionado of beer expects a superior smoothness and taste of his/her beverage, there is  a segment of cannabis users who seek out the highest quality flower. The quality of cannabis is determined primarily by the growing technique used. Growing techniques, as well as the use of organic methods as opposed to harsh chemicals, may appeal to the health-conscious cannabis consumer more than a large-scale producer relying on mechanically-operated systems and pesticides. Craft marijuana grown without pesticides requires extra care, ensuring that spider mites or mold don’t infect the plants.

Wed
08
May

3 top marijuana stocks to watch in May

Marijuana stocks, for the most part, have been outstanding growth vehicles for investors this year. Despite Canada's raging battle with black-market sales and the high level of uncertainty surrounding America's future policy on the drug, investors have been piling into these stocks with abandon in 2019.

Tue
07
May

Cannabis Canada Daily: Acreage investor slams Canopy deal as not in best interest of shareholders

Acreage shareholder plans to vote against ‘unbelievably lopsided’ Canopy deal

Marcato Capital Management, which owns about three per cent of U.S. cannabis operator Acreage Holdings, plans to vote against the company’s proposed deal with Canadian marijuana giant Canopy Growth, describing the unique tie-up as a “value destructive transaction and not in the best interests of shareholders.” Marcato Capital, which has US$438.3 million in disclosed holdings, said the US$3.4 billion valuation announced at the time is “substantially lower” than Acreage’s fair value based on the present value of the U.S. company’s future cash flows.

Tue
07
May

'Oil and grass': Olds finds new prosperity in fast-growing cannabis factory

For Olds, a town that lost some of its oil and gas lustre since the price of crude swooned four years ago, it’s the welcome smell of money.

It’s hard to say the Sundial Growers cannabis production facility has changed the visible face of the town of 9,200 an hour’s drive north of Calgary.

The grow operation’s grey, low-slung rows of modular structures don’t stand out from neighbouring agricultural plants that make up the town’s industrial southeast edge.

But there’s no doubting the economic buzz its operators say will only grow dramatically along with the leafy, aromatic harvests in the coming months.

Tue
07
May

Cannabis stocks lower as activist investor takes aim at Canopy’s planned U.S. deal

Cannabis stocks were mostly lower Monday, with market leader Canopy Growth Corp. under pressure from an activist shareholder that said it would vote against a key deal aimed at securing Canopy a foothold in the U.S.

Tue
07
May

2 marijuana stocks to buy despite declining Canadian sales

Investors betting on marijuana stocks got some disappointing news out of Canada last week.

Statistics Canada reported that Canadian marijuana retail sales declined by 7% in February compared to January.

On the surface, that decline may seem troubling, but it’s not actually as bad as it seems. There is plenty of demand for Canadian marijuana. Unfortunately, there is not nearly enough supply to meet that demand. As a result, Canadian producers are in high demand, a dynamic that bodes well for marijuana stocks.

Tue
07
May

Should you pay $10 for HEXO (TSX:HEXO) stock?

Investors who bought HEXO (TSX:HEXO) near the end of December have more than doubled their money.

The broad-based rally in the cannabis sector to start 2019 has people wondering if they should take profits in their pot positions or add more of HEXO and other marijuana stocks to their portfolios.

Let’s take a look at the current situation to see if HEXO deserves to be on your buy list today.

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