The Week In Cannabis: CT Goes Legal, O’Brien Smokes On TV, A New Extraction Giant And More
In another busy week, cannabis stocks traded up, outperforming general markets.
Over the five trading days of this week:
Dispensary Roundup: Happy Valley, Choom, Trulieve, Curaleaf, Planet 13, Shangri-La, Ayr Wellness
Happy Valley Opens Store In East Boston
Vertically integrated cannabis company Happy Valley opened a new store in East Boston on Thursday, June 24.
Happy Valley East Boston spans 10,850 square feet and is situated in the vicinity of Logan Airport at 220 William McClellan Highway.
In A Positive Sign For The Industry, Cannabis Companies Are Winning Lower Priced Debt Deals
Cannabis companies are posting robust sales growth and, in doing so, winning better debt deals.
Legal U.S. cannabis sales surpassed $17.5 billion in 2020, a 46% spike from 2019, according to Canaccord Genuity. Analysts at Cowen estimate annual legal sales will reach $41 billion by 2025.
Cantor Fitzgerald: Curaleaf And Green Thumb Best Positioned To Thrive In Connecticut’s New Cannabis Market
After Connecticut Gov. Ned Lamont signed an adult-use cannabis bill int
These OTC Securities had the Most Trading Activity in May
Photo by Karsten Winegeart on Unsplash
Fyllo Continues Hiring Streak With Former Catalina Exec Wes Chaar As Chief Data & Analytics Officer
Fyllo has tapped yet another prominent expert to its leadership team.
Wes Chaar, who brings vast knowledge in data strategy, data fusion, mathematical modelling, machine learning and artificial intelligence, has agreed to join the cannabis compliance technology platform as chief data and analytics officer.
The Week In Cannabis: Federal Research Bill, George Lopez, Brazil, Morocco, Columbia Care And More
As we near the end of the first half of 2021, we can see cannabis stocks traded mostly up by double digits, with the Amplify Seymour Cannabis ETF (NYSE: CNBS) delivering gains of more than 50% year-to-date.
This week, however, stocks posted mixed performances.
The Week In Cannabis: Earnings, Financings, M&A, Cookies U, DEA, DJ Khaled, And More
In an earnings-heavy week, cannabis stocks experienced considerable volatility.
Cannabis Stock Gainers And Losers From May 17, 2021
GAINERS:
Invictus MD Strategies (OTC: IVITF) shares closed up 19.05% at $0.05
The Week In Cannabis: Trulieve’s $2.1B Acquisition, New ETF, Earnings, Federal Legalization And More
In a week of big M&A news and mixed earnings reports, cannabis stocks traded mostly down.