The House recently passed a bill to make marijuana fully legal on a federal basis, and debate now moves to the Senate.
Since only five states still consider marijuana 100% illegal, while a majority allow doctor-prescribed medical use, I think mainstream acceptance is well on its way.
The company also maintains a robust third-party distribution platform using 2,000 vendors.
Marijuana is relatively simple business.
While CBD is legal and relieves pain, THC is not yet federally legal and does a lot more than relive pain.
The Curaleaf investment thesis is straightforward: Curaleaf is already the #1 integrated cannabis operator in the US, the global cannabis market is expanding quickly, and the stock is cheap.
Arguably, its dominant footprint and superior sales growth should command a premium, but its status as a serial acquirer means that it’s always adding to its share count, even if deals are typically accretive.
I also look three years out to 2024 sales, since sales are growing so quickly.
Under the deal, A&J Green House will implement AltoVerde’s cannabis grow room design, genetic breeding program and grow techniques across a 2,500m2 facility.
More and more cannabis startups and newly established companies are looking for business guidance in what is becoming an increasingly complicated and crowded industry that’s estimated to be worth $61 billion in the United States alone.
Good morning, everyone, and thank you for joining our second quarter 2021 combined earnings conference call for NextEra Energy and NextEra Energy Partners.
WM Technology , which owns Weedmaps, is one of the cannabis industry’s hot new stocks this year.
Intel’s revenue was flat year over year at $19.6 billion, while its adjusted earnings per share rose 12% to $1.14.
Because REITs are required by law to discharge at least 90% of their profits in the form of dividends, they’re a cash cow that investors love to milk.
In this article, we will be looking at the 10 best dividend aristocrats to buy according to hedge funds.
Intel’s stock slumped on Friday after the company warned investors about how it would face a chip shortage into 2023 in its earnings report.
Innovative Industrial is a unique take on real estate investment trusts : It acquires and leases facilities for cannabis production to marijuana companies.
shares of TAL Education Group and New Oriental Education & Technology Group Inc, which provide tutoring and test preparation services in China, each dropped more than 50% after news that the government is barring tutoring for profit in core school subjects to ease financial pressures on families that have contributed to low birth rates.