Global Cannabis Market is Estimated to Grow at a CAGR of globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Canadian Cannabis Industry In May 2021
Are marijuana stocks setting up for a rebound in the market? Last week top cannabis stocks closed on Friday, May 14th showing upward momentum in trading. For more than two months the cannabis sector has been losing market value and trading near price points at the end of 2020. But May could be giving way to a market recovery for the cannabis sector.
For new investors, this could be a good time to look for pot stocks to watch for gains in 2021. One area that has been hit particularly hard over the past few months is Canadian cannabis stocks. Although recent earnings for most Canadian cannabis companies have missed expectations. The current market value for most of the Canadian cannabis sector could produce significant upside for investors.
Adjusted EBITDA of $12.6 Million Marks Seventh Consecutive Quarter of Increasing Positive Adjusted EBITDA
Cash Cost Per Gram Decreases for the Fifth Consecutive Quarter to $0.79
Completed Accretive, Strategic Acquisition of SweetWater
LEAMINGTON, ON, Jan. 14, 2021 /PRNewswire/ - Aphria Inc. (
Aphria,
we, or the
Company ) (TSX: APHA) (Nasdaq: APHA), a leading global cannabis-lifestyle consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported its financial results for the second quarter and six months ended November 30, 2020. All amounts are expressed in Canadian dollars, unless otherwise noted and except for per gram, kilogram, kilogram equivalents, and per share amounts.
Share:
PALM BEACH, Fla., Dec. 14, 2020 /PRNewswire/ In recent years, cannabis and products with cannabis components, such as CBD, are one of the hot topics in the life sciences industry. Many countries now allow the medical use of cannabis to treat numerous conditions, including chronic pain, cancer, multiple sclerosis, and many others. Additionally, more and more countries have recently allowed the recreational use of cannabis. Finally, hemp (cannabis grown without mind-altering substances), is another burgeoning industry worldwide. Though there are international treaties in place, the production, distribution, and consumption of controlled substances (including cannabis) are still traditionally regulated by each country individually (even within the EU). Some countries still consider cannabis a dangerous illicit substance. Thus the legal landscape on cannabis and cannabis products is very fragmented and complicated, making it hard to get involved in the cannabis industry. Alph
Palm Beach, FL – December 14, 2020 – In recent years, cannabis and products with cannabis components, such as CBD, are one of the “hot topics” in the life sciences industry. Many countries now allow the medical use of cannabis to treat numerous conditions, including chronic pain, cancer, multiple sclerosis, and many others. Additionally, more and more countries have recently allowed the recreational use of cannabis. Finally, hemp (cannabis grown without mind-altering substances), is another burgeoning industry worldwide. Though there are international treaties in place, the production, distribution, and consumption of controlled substances (including cannabis) are still traditionally regulated by each country individually (even within the EU). Some countries still consider cannabis a dangerous illicit substance. Thus the legal landscape on cannabis and cannabis products is very fragmented and complicated, making it hard to get involved in the cannabis industry. Alpha Green Re