Cannabis Articles

Welcome to the Cannabis Couch

This investment theme is in its infancy and as such requires an intense amount of research and attention

We will be culling through reams of data and curating a list of information we feel is most relevant to the Cannabis investor.

This information will be broken down into three sections: Stock Specific Cannabis News, Regulatory Cannabis Progress, and Medical Cannabis Progress

 

Stock Specific Cannabis News

6/23/20 ACB: Aurora Cannabis Provides Key Updates on Business Transformation Plan

CGC:: Canopy maps out turnaround built on layoffs, drinks, U.S. CBD

Canadian Cannabis Sales Data:Retail trade sales by province and territory

Ontario cannabis market surpasses 100 retail store authorizations

6/22/20 CGCVirtual Investor Meeting

5/25/20 – All Cannabis stocks: Sales in Canada picking up in a significant way

5/1/20 CGC: Constellation Brands Exercises Warrants to Acquire Shares in Canopy Growth, Reinforcing Confidence in Canopy Growth’s Ability to Win Long-Term in Emerging Cannabis Industry

3/5/20 – $CGC Canopy Growth Announces Production Optimization Plan in Canada Details here: bit.ly/39puZOA: This is important because we want to see CGC take write downs and clear the deck for better EPS numbers in the back half of 2020. CGC will probably be the 1st Canadian cannabis stock we buy when the time comes

$CWEB.CA FDA Commissioner Dr. Stephan Hahn recent comment to NASDA “…we know one thing from the American people: They’re using #CBD products…We’re not going to be able to say ‘you can’t use these products…Even if we did, it’s a fool’s game to even try to approach that…We need to fill the information gap” Important: In order for Hemp CBD products to really move off the shelf retailers need FDA guidance and it looks like that is coming. Remembe, in the Farm bill past last year in Q4 it stated the FDA had until the end of March to announce a plan. The day of  that announcement should be a big day for CWEB

1/27/20 –MediPharm  (LABS) Labs Files Statement of Claim – This is a real problem for the processors of Cannabis biomass and may also be a sign of serious weakness in the entire Cannabis market. I am troubled by this story and will watch closely to see if it is a LABS issue or a whole Canadian LP issue.

1/3/20 – Connecting the dots: Illinois goes rec + Cresco Labs biggest player in Illinois + Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal  (Story from September) = Innovative Properties IIPR

12/9/19 – With New CEO, Odds of Constellation (STZ) Buying the Rest of Canopy Growth (CGC) Increases – Analyst

12/6/19 – The world’s largest marijuana industry conference, MJBizCon, starts Wednesday Las Vegas Convention Center (MJ and all Cannabis stock)

Regulatory Cannabis Progress

5/25/20 – ATTORNEY GENERAL SEAN REYES JOINS COALITION OF 34 STATES URGING CONGRESS TO PASS LEGISLATION ALLOWING MARIJUANA-RELATED BUSINESS TO ACCESS THE BANKING SYSTEM

Cannabis Binge in Quarantine Lifts Hope for Federal Legalization

1/16/20 – China Must Import More Hemp From U.S. Under New Trade Deal

1/14/20 –FDA Would Be Required To Allow CBD Product Marketing Under New Bipartisan Bill This is BIG for Charlotte’s Web (CWEB.ca)

1/8/20 –New York Will Legalize Marijuana in 2020, Cuomo Vows

1/2/20 – Nearly $3.2 million in legal weed was sold in Illinois on the first day of sales, marking one of the strongest showings in the history of marijuana legalization

12/13/19 – Ontario raises LP affiliation limit to 25%, opens cannabis retail market

Ontario will begin accepting cannabis store applications in January, with authorizations starting at about 20 per month beginning in April, the province’s Ministry of the Attorney General announced Thursday.

Senators Demand Update From DEA On Marijuana Growing Applications

Medical Cannabis Progress

5/25/20 –Cooking With CBD Oil Can Help With Anxiety, Sleep Issues, Other Conditions, Proponents Say

12/16/19 – Is Cannabis an Effective Treatment for PTSD? The answer points to YES!

12/12/19 – Study suggests that daily cannabis use may reduce opioid consumption in patients with chronic pain

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