Author Bio
A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. You ll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @TMFUltraLong
For the past 12 years, growth stocks have done a lot of the heavy lifting for the stock market s major indexes and with good reason. Historically low lending rates have encouraged fast-growing businesses to borrow cheaply in order to hire, innovate, and acquire other businesses.
The thing is, the dynamics that have fueled growth stocks higher haven t changed. If anything, the thesis has only gotten stronger. The Federal Reserve has doubled down on keeping lending rates unchanged through at least 2022, and Washington appears eager to pass additional trillion-dollar stimulus packages.
2021 Outlook
Management remains focused on the Company’s core competencies to bring high THC, as well as unique cultivars, to the Canadian market. As retail sales are ramped up, the Company plans to transition from a wholesale model to retail-only sales.
“WILL” – Cultivation Facility in Brampton, Ontario: During Q4 2020, the WILL Facility made its first sale through retail channels, selling approximately 266 kg in total, generating total revenue of $0.8 million. Total sales for 2020 were approximately 474 kg generating total revenue of $1.6 million (2019 – 413 kg, $2.0 million). Sales are expected to increase as the Company sells through additional retail channels. On March 29, 2021, the Company made its first shipment of recreational cannabis to the province of Alberta.
5 Small-Cap Stocks With 60% to 140% Upside, According to Wall Street fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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Arkansas Mayor Sues Pot Co. Harvest Over Moved Grow
Law360 (April 7, 2021, 7:28 PM EDT) The mayor of Newport, Arkansas, is suing multistate cannabis company Harvest on behalf of the town s residents after Harvest accepted hundreds of thousands in incentives to open a cultivation facility in Newport and then moved it to another county.
Mayor David Stewart, the Newport Economic Development Commission and the Northeast Arkansas Charitable Foundation are part of a group suing Harvest Health & Recreation in state court after Harvest sold its cultivation license following regulatory trouble and the buyer announced plans to move the whole facility to a new town.