Pot companies still working out the supply kinks to meet strong Canadian demand

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

After a week of earnings reports from some of the largest cannabis producers in Canada and a month of legal marijuana, a clear picture has emerged: the shortages the country experienced on the first day of recreational legalization occurred, in large part, because the heavyweights didn’t ship very much pot.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brewer AB InBev partners with Tilray to tap cannabis drink marketAnheuser-Busch InBev , the world's largest brewer, and Canadian pot produce... 'The destination of the river is the sea! ' Meanwhile jails are still full of cannabis smokers who can't afford bail and often lose their jobs, but now there's BIG money to be made.Screw y'all!
Source: Reuters - 🏆 2. / 97 Read more »

Pot companies to reveal earnings less than a month after Canadian legalizationFour major Canada-based weed producers are set to report earnings next week, the biggest financial test for the companies since Canada legalized adult recreational use of cannabis on Oct. 17. pradapipe profits not so much, i think.
Source: MarketWatch - 🏆 3. / 97 Read more »

Short seller Andrew Left has his doubts about Canadian pot stocks, says he's betting against CanopyCitron Research's Andrew left reiterated his bet against the Canadian cannabis industry, telling CNBC that he's short Canopy Growth and Cronos Group in addition to his already disclosed wager against Tilray. ....the real rout in Cdn pot stocks has yet to begin. BettingBruiser That comment hurt but it was so true
Source: CNBC - 🏆 12. / 72 Read more »

More big consumer companies will bet on potRecreational marijuana is now legal in Canada, and even though there is still a federal ban on pot in the United States, Washington has started to loosen some regulations on other products derived from cannabis. Wall Street has started to notice. Pelosi wants unlimited illegal aliens coming to America.....30 million already stole jobs from American citizens We all need to be on drugs with this administration It's just a plant! Why does it frighten you Americans so?
Source: CNN - 🏆 4. / 95 Read more »