Mugglehead Investment Magazine

News

The Canadian cannabis industry is expected to get a big boost with the edibles and derivatives market becoming legal this October. According to a new report from Deloitte, the new segment will be worth about $2.7 billion, with edibles accounting for more than half.

Canada

Alternative Cannabis Products Could be $2.7B Market in Canada, Deloitte Estimates

The wider range of products that will be legalized this fall is highlighted by the edibles category, which is expected to be the most...

Jared GnamJune 3, 2019

The U.S. Food and Drug Administration held a public hearing on how it will regulate CBD in food and drinks last Friday

CBD

FDA Holds Hearing on CBD Regulations, Industry Remains in Limbo

The public hearing left many in the industry still with more questions than answers, especially on the timeline for regulations on CBD in food...

David JJune 2, 2019

Illinois State Governor J.B. Pritzker is expected to sign off on the bill, which will make possession and sales of recreational cannabis legal Jan. 1, 2020.

Legalization

Illinois Becomes the 11th State to Legalize Recreational Cannabis

Illinois State Governor J.B. Pritzker is expected to sign off on the bill, which will make possession and sales of cannabis legal Jan. 1,...

David JJune 2, 2019

Planet 13 operates the world's largest cannabis retail shop in Las Vegas, and the SuperStore banked $5 million in sales per month over the quarter. Photo courtesy of Planet 13

Earnings

Planet 13 Reaches Record $13.8 Million Sales in Q1

Planet 13 operates the world's largest cannabis retail shop on the Las Vegas Strip, and the "SuperStore" banked $5 million in sales each month...

David JMay 31, 2019

Earnings

MedMen Pile on Losses in Q3, Stock Hits a New Low

Over the past 12 months, MedMen's share price has declined more than 30%.

David JMay 31, 2019

Some of Canada's biggest cannabis players are already planting seeds to take advantage of what's expected to be a US$8.5 billion market by 2024 in Asia, according to Prohibition Partners.

Global

Asia Could be Next Mission for Major Canadian Cannabis Producers

Some of Canada's biggest cannabis players are already planting seeds to take advantage of what's expected to be a US$8.5 billion market by 2024,...

Jared GnamMay 31, 2019

Curaleaf Holdings Inc. posted revenues of $35.3 million, a 10 per cent improvement over last quarter and nearly four times the $9.1 million sales it generated a year ago.

Earnings

Curaleaf Grows Q1 Sales by 288% to $35.3 Million

The Massachusetts-based company posted revenues of $35.3 million, a 10 per cent improvement over last quarter and nearly four times the $9.1 million sales...

David JMay 30, 2019

Colorado to Allow Doctors to Prescribe Cannabis Instead of Opioids

CBD

Colorado Allows Doctors to Prescribe Cannabis Instead of Opioids

"It is incumbent on our lawmakers to provide physicians with opportunities to discuss alternatives to opioids and to provide patients with choices even if...

David JMay 30, 2019