American Cannabis Operator Index Lost 0.6% This Year, Best Players In July: Columbia Care, Lowell Farms, Ayr Wellness & Ascend Wellness
The American Cannabis Operator Index declined for the fifth straight month falling 10.7% to 62.66.
Cannabis Movers & Shakers: Columbia Care, Affinor Growers, Open Book Extracts, Trait Biosciences, WM Technology, CBD Health Club, MedMen, TGOD, Cann American
Columbia Care Welcomes Former Green Leaf CEO And Co-Founder Philip Goldberg To Board
Low-Cost Pot Stocks To Consider: Poseidon Asset Management’s Emily Paxhia Shares Her Wisdom On The Subject
Poseidon Asset Management Managing Director Emily Paxhia oversees three cannabis-dedicated investment funds.
New York’s St. Regis Mohawk Tribe To Start Adult-Use Cannabis Sales Way Ahead Of The Rest Of The State
The St. Regis Mohawk Tribe is poised to open the first adult-use cannabis shop in New York State, beating out the non-tribal retailers by up to a year…or more.
Columbia Care Launches Cannabis Cultivation Operations in West Virginia
Cannabis multi-state operator Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) has received approval from West Virginia’s Office of Medical Cannabis to launch cultivation operations in the state.
Jefferies Initiates Coverage On Columbia Care with Buy Rating, Announces Price Target of $19
Jefferies analyst Owen Bennett initiates coverage on Columbia Care (OTC:CCHWF) with a Buy rating and announces Price Target of $19.
The Week In Cannabis: Justice Clarence Thomas, Mexico’s Decriminalization, Apple’s Policy Changes, Tilray And More
Below is a recap of the main news related to the cannabis industry and markets for the week of June 28, 2021.
Global Cannabis Stocks Decline 8.7% in Q2, Agrify, KushCo Among Strongest Cannabis Names In June
The Global Cannabis Stock Index fell for the fourth straight month, dropping 4.1% to 57.10.
During the second quarter, the index was down 8.7%.
After gaining 5.2% in 2020 when it ended at 44.39, the index is up 28.6% in 2021 and has gained 94.2% over the past year.
The index dropped 38.3% from its 2021 closing high of 92.48 on February 10.
Columbia Care Strengthens Its Position In Ohio Via Acquisition Of Four Dispensaries Run By CannAscend
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) confirmed Friday it has completed the purchase of Ohio-based CannaAcend, acquiring fou