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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 »
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 »
Pot companies still working out the supply kinks to meet strong Canadian demandAfter 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.
Source: MarketWatch - 🏆 3. / 97 Read more »
Cramer warns against buying volatile Canadian pot stocks until things settle down after legalization'There could be a lot of disappointment once it turns out that legal marijuana is a lot less profitable than illegal marijuana,' MadMoneyOnCNBC's Jim Cramer advises against buying pot stocks so soon after legalization. MadMoneyOnCNBC hes all around the clock as usual other day he sayin buy canopy he has no clue and no one really knows the market cap gonna need few months to get an idea. and its almost winter tourist shud enjoy it too next summer MadMoneyOnCNBC This guy is talking out of his ass. Illegal outdoor grows are going to be non-existent because the Emerald Triangle (where 13M lbs of illegal weed is grown and supplies 76% of nation's illegal weed) will be heavily policed and regulated to just supply California. MadMoneyOnCNBC He didn't recover from buying Tilray at $300.
Source: CNBC - 🏆 12. / 72 Read more »
Canadian market celebrates pot stocks on first day of legal recreational cannabis salesTrading of cannabis stocks has been a part of life for years on Canada’s major exchange, but Wednesday morning’s official kickoff of recreational cannabis sales in the country was still a cause for a celebration. Time for Canada to expunge all MJ possession charges. Weapons charges should remain.
Source: MarketWatch - 🏆 3. / 97 Read more »