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The StockTalk Cannabis Report: May 29, 2020. Riding the Green Wave.

Dave Jackson Dave Jackson, Stockhouse
1 Comment| May 29, 2020

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Cannabis Private Placements


Cannabis Revenue / Sales Exploding

Click to enlarge

Cannabis-related revenues for cultivators, licensed producers (LPs), and retailers are making a dramatic comeback after a generally dismal campaign over the past 12 months. And as a result of increased sales (in ways directly or indirectly connected to the COVID-19 pandemic), many publicly-traded companies are seeing the return of share prices to the halcyon days of late 2018 / early 2019. Stockhouse's Dave Jackson reports.

Read the Full Story Here


Weekly Update - Top Cannabis News Stories

1 | Top Story: How this “Tortoise” LP is leading the Canadian cannabis market. A Stockhouse exclusive.

2 | As consumers loaded up on legal pot amid COVID-19 concerns, March cannabis sales soared by 19%.

3 | The latest farm income receipts from StatsCan show that cannabis is now becoming a major agricultural product in Canada.

4 | Aphria to begin trading on Nasdaq Exchange in early June.

5 | Manitoba is now opening cannabis market to more retailers.



Top Cannabis Stocks - May 19 to May 25, 2020

1. T.ACB | 80,790 | Aurora Cannabis Inc.
2. T.APHA | 48,097 | Aphria Inc.
3. T.HEXO | 39,795 | HEXO Corp.
4. T.ZENA | 39,576 | Zenabis Global Inc.
5. V.KLY | 36,554 | Kalytera Therapeutics Inc.
6. C.AGRA | 32,363 | AgraFlora Organics International Inc.



Canadian Cannabis Composite Index

2,058.18 | ▲ 44.70 (2.22%) | 40.7m
Inception Value of 1,000 (Jan. 03, 2017)

3 Months





FULL DISCLOSURE: Rubicon Organics is a client of Stockhouse Publishing.

New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.


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Comments

CURLF is good. I’m budtending and select ELITEs sell everyday @ $42 for a full gram, all day
(16)
May 29, 2020

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