For most of my life, marijuana has been considered a taboo topic that wasn’t discussed openly and was swept under the rug by federal, state, and local officials. It was understood that a black market existed, but the “war on…
Few industries offer the excitement and long-term growth potential of the legal marijuana industry. After generating $12.2 billion in global sales in 2018, worldwide cannabis sales are expected to blossom to more than $31 billion by 2022, and hit $50 billion (or…
Canada’s recreational adult-use marijuana market opened for business last October, and this week, Aphria (NYSE:APHA) reported its first results that include a full quarter of adult-use sales. Unfortunately, mounting losses and lower-than-anticipated revenue caused shares to tumble. Are Aphria’s best days behind it? Here are the…
What happened Shares of Aphria (NYSE:APHA) were down 12.9% as of 11:30 a.m. EDT Monday after the Canadian marijuana producer announced its fiscal 2019 third-quarter earnings results before the bell. Aphria reported revenue of 73.6 million Canadian dollars ($55.3 million), reflecting quarter-over-quarter growth…
KushCo Holdings (NASDAQOTH:KSHB) just reported a quarter for the record books. The supplier of packaging solutions for the cannabis industry provided an update on its fiscal 2019 second-quarter performance after the market closed on Thursday. The big news from that update was KushCo’s…
Over the next four years, there’s arguably no industry that’s expected to grow faster and more consistently on a global scale than the legal marijuana industry. Between 2018 and 2022, Arcview Market Research and BDS Analytics have called for a…
