Tag: cannabis stocks
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![Canada’s Legal Cannabis Market: Progress, Challenges, and the Future]()
Canada’s Legal Cannabis Market: Progress, Challenges, and the Future
The legalization of the cannabis market in Canada marked a significant milestone in the country’s history. Four years after this groundbreaking event, the retail market has experienced remarkable growth, with a 122.3% annual increase in per capita stores and a 91.7% annual increase in per capita sales. There are now 3,305 cannabis stores across the…
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![Cannabis stocks set for a reversal?]()
Cannabis stocks set for a reversal?
I love to look for beat up sectors. From a fundamental perspective, perhaps there are deals out there waiting to be made. From a technical perspective, all markets move in cycles. Nothing moves in an uptrend forever or a downtrend forever. When I find beat up sectors that meet my technical criteria, I get excited.…
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![Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?]()
Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?
U.S. cannabis stocks exploded today. Canadian Cannabis stocks also exploded. Almost every stock with the word “cannabis” mentioned in the “About Us” link – exploded. Even MedMen (MMEN.C) – a money hemorrhaging retailer run by ass-clowns – was up 1%. A rare counter example: iAnthus Capital (IAN.C) was down 2% by mid morning. iAnthus had…
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![Maricann (MARI.C)’s CEO not letting OSC investigation and delayed prospectus get in his way]()
Maricann (MARI.C)’s CEO not letting OSC investigation and delayed prospectus get in his way
Ontario-based cannabis cultivator Maricann Group has big plans. Despite ongoing expansions at the company facilities in Ontario and Germany both being “fully funded,” a pubco can always use some cash. Maricann reports selling dope produced in their Ontario facility consistently to the medical market. With the rec market right around the corner, destined to soak…
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Aurora (ACB.T) breaks $7 support; ABcann (ABCN.V) acquires Canna Farms & launches sexy rec brand
Today Aurora Cannabis (ACB.T) closed at $6.81 CAD on 20.6 million shares traded. The is the first time Aurora has closed below the $7 support level since December 7th, 2017. It bounced off of that support level in February, April, and May, going on trough-to-peak runs of 59%, 29.3% and 46% respectively, each time it…
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MedMen (MMEN.C) employees outraged at dispensary tipping clawback.
Equity Guru has been approached by several employees of MedMen’s (MMEN.C) California dispensaries who are telling us colleagues are walking out, upset about a new and unexplained pay cheque deduction that hit this week. MedMen, a CSE-listed US cannabis dispensary chain, built around high-end retail outlets geared towards urban professionals, boasts that its stores are…
