Green Market Report

A shortened week came with no shortage of news. In New York, Gov. Andrew Cuomo signed recreational marijuana into law on Wednesday, making the Empire State the 15th in the U.S. to legalize cannabis. The legislation allows adults 21 and older to possess up to 3 ounces of cannabis or 24 grams of...

Cannabis stocks traded down this week despite a series of good news. Over the last five trading days of this week: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 5.7%. The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): tumbled 8.15%. The AdvisorShares Pure US Cannabis ETF (NYSE: MSOS): dropped...

Green Market Report Co-Founder and CEO Debra Borchardt is a leading authority in the investment space, cannabis or otherwise. The former Bear Stearns VP recently spoke with Benzinga to discuss value stock options and her top pick. For investors with minimum funds, there are a few low...

Major earnings reports, financings, M&A announcements and policy moves flooded the cannabis industry this week.  A bipartisan marijuana insurance bill — The Clarifying Law Around Insurance of Marijuana (CLAIM) Act of 2021 — was introduced in Congress by New Jersey Senator...

This was a week of big news for the cannabis industry. Curaleaf Holdings Inc. (OTCQX: CURLF) agreed to acquire one of Europe’s largest cannabis companies, EMMAC Life Sciences, for approximately $286 million in cash and stock. The transaction, which is expected to close during the second...

In a week where most stocks took a beating, cannabis equities were no exception. All major ETFs posted considerable losses. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 6%. The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): tumbled 8.3%. AdvisorShares...

This week, cannabis stocks experienced quite a bit of volatility amid a slew of big news items. On Monday, New Jersey Gov. Phil Murphy signed a trio of adult-use cannabis reform bills, making recreational marijuana legal and regulated for adults 21 years and older, while also decriminalizing...

Despite several big news items out of the industry this week, cannabis stocks posted mixed performances. Over the last five trading days — including last Friday, since markets were closed on Monday: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 1.5%. The AdvisorShares Pure...

Cannabis stocks had one of their strongest weeks in history. Jazz Pharmaceuticals PLC (NASDAQ: JAZZ) acquired GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) for $7.2 billion, or $6.7 billion excluding GW Pharma's cash. The price of $220 per ADS in cash and stock, with $200 in cash...

In one of the craziest weeks in the history of public markets, cannabis stocks and ETFs delivered mixed performances. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ): was down -2.66% The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was down -1.87% The Cannabis ETF (...

It was a relatively slow week for the cannabis industry. While broader markets surged on the transition of power in the U.S., cannabis stocks were slightly down. ETFs were mostly in the red. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 2.1% The AdvisorShares...

Cannabis stocks widely outperformed the markets after a slew of financing deals and strong earnings reports. “The cannabis industry is off to a great start this year with New York state pushing hard for legalization," Green Market Report editor-in-chief Debra Borchardt said. "...

Cannabis stocks skyrocketed this week, aided by the Democratic victory in the Georgia runoff election. There was also Gov. Andrew Cuomo's proposal for a legal cannabis program across New York State. It would allow adults over the age of 21 to buy marijuana at state-approved...

In the last week of 2020 — a year that saw the cannabis movement score major victories on national and international levels — marijuana stocks underperformed the wider market. Over the last five trading days, including Dec. 24: The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 4....

After a weak start to a shortened week, cannabis stocks rebounded on Wednesday afternoon, advancing on high volume, with some giving up the gains on Thursday morning. Over the 3 1/2 trading days of the week: The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 1% The AdvisorShares Pure Cannabis...