“Growthy” Cannabis Stocks to Be Taken Over in the US by Tobacco and Drinks Companies – US Wealth Adviser To say that Carol Pepper of Pepper International is hot on cannabis stocks is an understatement. She is calling cannabis stocks the “next huge growth area” – presumably because US cannabis legalization is expected soon. “If…

Revenues Up but Profits Missed Expectations – Could Be Sign of Things to Come Canopy Growth reported that third-quarter sales rose 282 per cent over the past year, though a dig deeper into the numbers could reveal something about the current cannabis industry. Unsurprisingly, the recreational cannabis market was the key driver, accounting for more…

“We Don’t Need 100 Cannabis Companies,” Cannabis Industry Analyst Says BNN Bloomberg is reporting that cannabis industry analysts are predicting “shareholder activism” and consolidation of companies. These come in the wake of several reports of “inadequate” corporate governance practices within the cannabis industry. The sheer number of companies within the cannabis industry seems to indicate…