After a slew of disappointing fourth-quarter earnings reports from Canada’s largest cannabis producers, it might seem like this industry has nothing to offer investors who are averse to taking huge risks. You’re nearly right, but there are at least two…
If you’re looking to dip your feet into the cannabis investing swamp, you’ve probably considered the largest licensed producer in Canada, Canopy Growth (NYSE:CGC). American investors leery about owning businesses with a direct hand in activities the federal government still considers illegal make Scotts…
It’s been nearly four months since Altria (NYSE:MO) announced that it was making a huge bet on marijuana. In December, the tobacco giant agreed to invest around $1.8 billion for a 45% stake in Canadian marijuana producer Cronos Group (NASDAQ:CRON). The deal made a big splash in…
The marijuana industry is on fire, and it’s not hard to understand why. According to a handful of Wall Street investment banks, the legal weed industry is on track for as much as $50 billion to $75 billion in global…
When it comes to growth, no industry is expected to pile on the green, at least from a revenue perspective, more than legal cannabis. This year alone, global weed sales are expected to grow from an estimated $12.2 billion to $16.9…
Cronos Group (NASDAQ:CRON) announced its fourth-quarter and full-year 2018 financial results before the market opened on Tuesday. It was the last of the five largest Canadian marijuana producers in terms of market cap to report numbers that included the first few months…
