Markets

Trump’s Farm Bill Opens the Door for Hemp Cultivation Stocks Last December, Congress voted to legalize hemp cultivation and the production of cannabidiol (CBD) oil in the United States. The bill displayed strong bipartisan support amongst lawmakers and effectively ended an 80-year ban on an overlooked miracle plant that has more than 25,000 recorded uses. Industrial hemp is a commodity that...

​California Cannabis Powerhouse, Harborside, is Another Public Launch on the Horizon Last month, I mentioned the Pax Labs IPO as probably the biggest moment for the cannabis industry next year. Pax is Juul's cannabis-focused sister and the stock will be in high demand as it technically does not touch the plant as it is more of a "Keurig for cannabis"...

5 Cannabis Companies Reporting Soon that You Should be Watching This week and next week, some very important upstarts in the cannabis industry will be reporting. The pending release of revenue numbers is highly anticipated as the nascent cannabis industry's pricing and multiple is largely constructed on square-footage, pending sales, and just sheer speculation. So, this week is a crucial...

With total legalization in effect for only six months, the Canadian cannabis industry remains a tempest in a teapot. Speaking Wednesday to the Benzinga Cannabis Capital Conference in Toronto, 420 Investor author Alan Brochstein moderated a panel of representatives from some of the leading cannabis suppliers serving the Canadian market discussing how their companies have so far approached finding a...

Pinterest to IPO Social Media takes on Wall Street Again The basket of social media stocks will expand Thursday as Pinterest, Inc. joins the ranks of Facebook, Inc. SnapChat and others. Pinterest will issue 75 million shares on the New York Stock Exchange under the ticker "PINS," according to the firm’s S-1 filing. At prices between $15 and $17, the offering represents...