420 investor

Cannabis has been in the headlines this week after Canada legalized recreational use nationwide on Wednesday. Canaccord Genuity estimates the global marijuana-infused beverage market could be valued at $600 million in the U.S. by 2022. Several beverage companies, including The Coca-Cola Co (NYSE:...

Recreational marijuana became legal in Canada on Wednesday, but cannabis stock investors don’t have much to celebrate. A sell-off in weed stocks that began Tuesday carried over to Wednesday as enthusiasm for Canadian legalization gave way to concerns over supply and market...

Wednesday is a landmark occasion for the marijuana industry, with recreational cannabis becoming legal nationwide in Canada. Alan Brochstein, author of The 420 Investor, joined Benzinga’s PreMarket Prep trading show to discuss the impact of Canadian legalization. Canada Vs. Colorado When...

Canadians who use marijuana, work in the industry or even invest in it face a potential lifetime ban from the U.S. when trying to cross the border.  That's according to a Thursday Politico article quoting “a senior official overseeing U.S border operations,” Todd Owen, who...

On Thursday, yet another analyst joined the growing chorus saying marijuana stock valuations are getting overheated.  The Analyst Northland Capital Markets analyst Mike Grondahl downgraded Tilray Inc (NASDAQ: TLRY) from Outperform to Market Perform and removed its $60 price target. The Thesis...

Cannabis stocks were again smoking Wednesday after Cronos Group Inc (NASDAQ: CRON) announced a partnership with Ginkgo Bioworks before to produce cannabinoids at scale. Analysts are optimistic about the future for the marijuana industry, but even cannabis bulls are increasingly skeptical of market...

Citron Research, which is known for its short theses, released a new report Thursday targeting red-hot cannabis stock Cronos Group Inc (NASDAQ: CRON). Background Prior to Citron’s report, Cronos stock had skyrocketed 56.1 percent in the past week. The bullish momentum in the cannabis space...

Boy, are we excited with cannabis at Benzinga? Since our Benzinga Cannabis Capital Conference in Toronto last week, we’ve received such an impressive response and demand for more content, we’ve decided to expand our cannabis newsdesk considerably. Check out our extensive coverage here....

Cannabis investors can't afford to miss the Benzinga Cannabis Capital Conference, a premier gathering of investors and entrepreneurs painting an honest picture of the opportunities and challenges in cannabis investing. Space is limited—get your tickets before they sell out. Ahead of the...

Two words summarize last week’s most relevant event for the cannabis industry: John Boehner. The former House speaker announced his views on cannabis had evolved and, in support of legalization, he was joining the board of directors of New York-based marijuana company Acreage Holdings. To...

April started with considerable pressure on the markets. “Concerns over legalization in Canada, previously assumed to be a ‘done deal,’ continue to weigh on investors, along with fears of a supply glut, as discussed on the cover of Barron’s this week,” 420 Investor...

A shortened week didn't stop the action in the cannabis industry. Several big deals were announced last week, including CannaRoyalty Corp (OTC: CNNRF)’s purchase of RVR in an all-stock deal, GB Sciences Inc (OTC: GBLX)’s acquisition of a Nevada operation for all cash, and Liberty...

It was a turbulent week for cannabis stocks in the U.S., however, it was Canadian equities that experienced the most volatility, largely due to the publication of Health Canada’s document on legal cannabis packaging, marketing and retail, and the later vote of Bill C-45, also known as ...

This was a strange week for cannabis stocks, as major indices experienced a plateau, spiking Tuesday and tumbling Thursday. The United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., ended the week down 4.1 percent, while the North American Marijuana Index,...

Cannabis stocks seem to be rebounding after a tough February. Over the last week, the United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., posted gains of 5.5 percent. Meanwhile, the North American Marijuana Index, was a bit more volatile on the back of...