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Major Canadian players like Canopy will likely remain an industry leader, but its shares are trading at a premium compared to its competition.
Pitchbook recently released its 2018 results for cannabis related investments, and the data is impressive: 139 deals scooped up a whopping $881 million.
The companies announced Wednesday they’d each invest up to $50 million in conducting research of non-alcoholic drinks that include THC and/or CBD.
Don’t expect a miracle and a change in global and market perception on Thursday morning, but here's what you should be watching.
Pepsi's CFO was pressed about making similar advances into the cannabis industry like its major soft drink competitor, Coca-Cola.
Investors at nearly every level are now throwing money at any cannabis company with a pulse in hopes of cashing in when this thing, whatever it is destined to become, finally matures.
Tilray, a producer of premium cannabis, became the first company to start an initial public offering on Nasdaq, giving their stock a 30+ percent boost and lifting up the cannabis industry as a whole.