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Technical420 Site Search

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Germany Continues To Lead The Way In The E.U. In Terms Of Progressive Cannabis Reform

Germany announced a transformational development for its legal cannabis industry after the three political parties agreed to regulate the distribution and sale of recreational cannabis.  The development represents a major catalyst for the European Union’s (EU) cannabis industry and the change in legislation will benefit companies that are levered to…

Canopy Growth Corp. Solidifies Strategic Partnership With Uber To Deliver Cannabis

Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) just announced one of the most significant partnerships in the history of the cannabis industry… The Licensed Producer (LP) reported that its Canadian cannabis retail operation, Tokyo Smoke, has partnered with Uber's (Nasdaq: UBER) delivery and takeout unit to allow online cannabis orders…

7 Canadian Cannabis Price Target Changes You Should Have On Your Radar

With earnings season kicking into high gear for the cannabis industry, several broker-dealers have changed their respective ratings and price targets on companies they cover. Today, we highlighted 7 Canadian cannabis companies that have been the subject of rating and price target changes so our readers can better understand the…

Only Time Will Tell If Sundial Growers Is A Legit Operator Or Just Another MEME Stock

Sundial Growers Inc. (NASDAQ: SNDL) ended last week on a high note and surged higher after releasing third quarter financial results and announcing plans to repurchase up to C$100 million of outstanding common shares.  C$100 million is a significant share repurchase agreement for any cannabis company and we believe the…

11 Key Takeaways From Canopy Growth Corps. Q2 Earnings Miss

Today, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) released second quarter financial results and the market initially responded slightly negative to the report, with the shares trading approx. 6% lower on the open.  The quarter was highlighted by the planned acquisition of the leading edibles company in North America, Wana Brands. We…

Canopy Growth Reports Second Quarter Fiscal 2022 Financial Results

Canopy Growth Corporation ("Canopy Growth" or the ("Company") (TSX: WEED) (NASDAQ: CGC) today announces its financial results for the second quarter fiscal 2022 ended September 30, 2021. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. Canopy Growth Reports Second Quarter Fiscal 2022 Financial Results (CNW Group/Canopy…

7 Major Takeaways From Canopy Growth’s Masterful Trojan Horse Into The U.S. Cannabis Industry

Yesterday, Canopy Growth Corporation (TSX: WEED) (Nasdaq: CGC) announced one of the most significant transactions in the history of the business and signed definitive agreements to acquire 100% of Wana Brands, which is the largest cannabis edibles brand in North America. The transaction significantly strengthens Canopy Growth's leverage to the…

The Conversation Around Cannabis Legalization In The U.S. Is Growing Louder By The Minute

The decriminalization of cannabis at the federal level in the United States seems more likely after Massachusetts Senator Elizabeth Warren (Democrat) and New Jersey Senator Cory Booker (Democrat) sent a letter to Attorney General Merrick Garland urging the Department of Justice (DOJ) to remove cannabis from the Federal controlled substances…

Several Key Indicators Are Showing That The Canadian Cannabis Market Is Rapidly Maturing

Canada’s cannabis market continues to report impressive growth and announced a new sales record in July. According to Statistics Canada, the country generated C$338.9 million of sales in July which is 6% higher than June and 45.6% higher when compared to July 2020. One of the interesting data points is…

Is Aurora Cannabis Inc. Turning Into A Major Turnaround Story?

After reporting weaker-than-expected fourth quarter financial results, Aurora Cannabis Inc. (TSX: ACB) (Nasdaq: ACB) has traded in a mixed pattern and we continue to closely monitor the opportunity. Yesterday, the Canadian company enhanced its leverage to the international cannabis opportunity and launched the first medical cannabis oil in Uruguay under the brand…

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