The Week In Cannabis: New ETF, First Delivery App On Apple, FBI, Sundial, M&A And More
Below is a recap of the main news related to the cannabis industry and markets for the week of July 5, 2021.
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Curaleaf Exports Over A Ton of Medical Cannabis to Israel, Tikun Olam-Cannbit Inks Deal With Israeli HMO
Vertically integrated cannabis company Curaleaf International announced Thursday it has successfully exported more than one metric ton of medical cannabis to Israel as part of a larger supply deal with BOL Pharma.
Jefferies Initiates Coverage On Curaleaf Holdings with Buy Rating, Announces Price Target of C$32
Jefferies analyst Owen Bennett initiates coverage on Curaleaf Holdings (CSE:CURA) with a Buy rating and announces Price Target of C$32.
Curaleaf International’s Subsidiary Teams Up With Germany’s Zambon Spa To Provide Medical Cannabis Treatments
As Curaleaf International's subsidiary Adven GmbH seeks to advance its medical cannabis products in Germany, it has teamed up with an Italian pharmaceutical company, Zambon Spa, with whom it will provide medical cannabis treatments for patients, with an initial focus on neurological therapies.
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.
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.