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January 3, 2021 at 10:55 am
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news.
Friends,
We just wrapped up the first year of gains for cannabis stocks since 2017, with the New Cannabis Ventures Global Cannabis Stock Index rising 5%. While the return for the year wasn’t impressive, 2020 ended strongly, with 4th quarter gains of 62%.
In May, we described what we thought at the time was the beginning of a new bull market for cannabis stocks, and we expect the positive trends to continue in 2021. We detailed our positive outlook for American cannabis operators last week, and this week we want to share a broader perspective. Those who have followed the cannabis industry certainly appreciate how it never follows the script. Here are some of the
December 20, 2020 at 10:59 am
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news.
Friends,
The American cannabis industry is ending 2020 on a high note, with strong growth, easier access to equity and debt capital and expanding opportunities as more states legalize. There are now 9 multi-state operators with market caps above $1 billion, with more on the way through newly public companies that will begin trading in Q1. Investors are excited by the growth, and we are already seeing several companies use M&A to supplement strong organic growth. Some recent examples include Jushi Holdings, Trulieve and Ayr Strategies making acquisitions in Pennsylvania, Ayr Strategies also entering Ohio and Arizona through acquisitions, TerrAscend entering the Marylan
Rahmenbedingungen geschaffen: Dieses Cannabis-Mushroom Unternehmen startet jetzt durch! wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.