Over the years, glass artists and vendors alike risked their own freedom to bring glass pipes to the market. You might be bombarded with the classic tongue-in-cheek line, “For Tobacco Use Only” if you enter a headshop, but restrictions are being relaxed or ignored for the most part in... Read more
The Global Cannabis Stock Index fell for the ninth consecutive month, declining 9.6% to 37.13: The index, which was down 21.2% in Q3, had 42 qualifying members during the month and is now down 17.5% in Q4. After increasing 5.2% in 2020 to 44.39, it is now down 16.4% in 2021. It... Read more
After underperforming the cannabis sector in October, the American Cannabis Operator Index fell for the ninth straight month after having scored five straight monthly gains, declining 7.0% to 44.75: During Q3, the index lost 22.8%, and it is down 17.8% so far in Q4. After gaining 45.7% in 2020, when it... Read more
Following up on our discussion earlier this year about how cannabis investors have embraced publicly traded ancillary companies, New Cannabis Ventures launched its seventh proprietary index, the Ancillary Cannabis Index, at the end of March. The index has outpaced the overall market since the launch, but in November it fell more than... Read more
After retreating almost 27% in Q3, the Canadian Cannabis LP Index extended its losing streak to five months as it fell again in November, declining 5.5.% to 225.26: The index, which fell 30.1% in 2020 to end at 275.16, is down 22% over the past year and down 18.1% year-to-date in... Read more
An advocacy organization known as Volteface recently released a report entitled “New Leaf: Beyond Brexit, Countering Covid” explores how the United Kingdom (UK) is missing out by not fully embracing the opportunities of the medical cannabis industry. Head of Programming at the Adam Smith Institute, Daniel Pryor, wrote the... Read more
Harborside Announces Business Combination with Urbn Leaf and Loudpack Creating StateHouse Holdings, a Leading California Cannabis Company – Urbn Leaf CEO Ed Schmults to be named CEO of StateHouse – – Vertically integrated with a fully installed and operational platform to consolidate the California cannabis sector – – US$77.3... Read more
Greenlane Completes Acquisition of DaVinci, Strengthening Portfolio of Higher-Margin Proprietary Owned Brands Company’s Owned Brands Portfolio Expands to Nine Higher-Margin Ancillary Brands Company Reiterates Targets of $70 Million and $100 Million for Greenlane Brands Revenue for 2022 and 2023, Respectively, with Expected Gross Margins in Excess of 45% BOCA... Read more
Exclusive Interview with Organigram CEO Beena Goldenberg Beena Goldenberg is approaching 90 days as the CEO of Organigram (NASDAQ: OGI) (TSX: OGI). While some other Canadian LPs are shutting down facilities, Organigram is in the process of expanding to keep up with customer demand. Goldenberg spoke with New Cannabis... Read more
