stocks Archives

William SumnerMarch 20, 2018

No one likes a fake, especially in the business world. Sometimes in order to drive sales or investor interest, companies will misrepresent who they are and what industry they’re in. A most recent example is when the company Long Island Iced Tea Corp. changed its name to “Long Blockchain Corp.” and saw its stock prices […]

William SumnerFebruary 8, 2018

Cannabis may be federally illegal, but if all you did was pay attention to the stock market, you’d never know. For the most part, cannabis stock are relegated to penny stocks on the OTC Markets, but an elite group of cannabis companies have been able to push through and make it to larger exchanges; like […]

William SumnerFebruary 7, 2018

Cannabis may be illegal on the federal level, but that hasn’t stopped entrepreneurs and investors from making a killing off of the industry. While the vast majority of cannabis stocks remain on the OTC Market, a select few have graduated to the more prestigious exchanges; like the NASDAQ (NDAQ) or New York Stock Exchange (ICE). […]

StaffJanuary 11, 2018

Marijuana stocks continued the November rally into December as investors loaded up on stocks ahead of California’s legalized recreational sales. The U.S. Marijuana Index jumped 50% and the Canadian Marijuana Index climbed 65% for the month of December. Dan Nichols, who runs the Index said, “Since October 30th, when Constellation Brands announced their landmark C$245m investment into […]

Debra BorchardtJanuary 4, 2018

The Justice Department issued a memo on Thursday rescinding the Cole Amendment and announcing a “return to the rule of law.” In the memorandum, Attorney General Jeff Sessions directs all U.S. Attorneys to enforce the laws enacted by Congress and to follow well-established principles when pursuing prosecutions related to marijuana activities. The cannabis industry had always […]

Debra BorchardtDecember 13, 2017

The North American Marijuana Index increased 41% in November according to Dan Nicholls, Vice President of the Marijuana Index. This index performance was led by the Canadian stocks, which once again outpaced the U.S. stocks in this particular index. “The North American cannabis market was red hot in November,” said Nicholls. “A busy month in Canada […]

Video StaffDecember 1, 2017

Cyber Monday may have become the biggest shopping day for traditional retail, but bricks continue to rule the day for the cannabis industry. Cannabis software company Baker tallied up its sales results for the past holiday weekend and Black Friday was the big winner. Sales did rise for Cyber Monday, but it came in third […]

Debra BorchardtAugust 29, 2017

Toronto-based Emblem Corp. (EMMBF) reported mixed earnings in the second quarter on Monday as the company continues to mature. Revenue for the three months ending in June were C$538,475, but this was lower than the revenue for the first quarter, which was C$903,274. The gross margin was C$146, a big improvement over the first quarter’s […]

Debra BorchardtAugust 24, 2017