Saturday, August 31, 2019

The 420 Report for Saturday, August 31 💨

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Must-read news and analysis for cannabis investors.

the 420 report for cannabis investors

Can Elizabeth Warren's Stance on Cannabis Win Voters?
Friday, August 30 

Elizabeth Warren is among the Democratic candidates supporting the federal legalization of cannabis—one of the key issues in the 2020 presidential campaign.

Cannabis Roundup on TLRY, IIPR, ACB, and WEED
Friday, August 30 

Although the broader equity market was flat, most of the cannabis stocks were trading in the red, as Aurora Cannabis fell 1.2% and Canopy Growth slid 2.2%.

Curaleaf: Target Price and Valuation Multiple after Q2
Friday, August 30 

Curaleaf (CURLF) (CURA) reported its second-quarter earnings on Tuesday. The company reported a net loss of $0.05 per share on revenues of $48.5 million.

Vaping Concerns Grow, FDA and FTC Investigate Juul
Friday, August 30 

Vaping has become very popular. However, investigations by the FTC and FDA sparked more concerns. Juul's vaping devices could cause seizures.

Curaleaf Stock Rallying after Q2 Earnings
Thursday, August 29 

Marijuana company Curaleaf Holdings (CURLF) announced its second-quarter results earlier this week. Now the stock is rallying despite a disappointment.

Aphria Has Analysts Feeling Optimistic—Here's Why
Thursday, August 29 

Aphria (APHA) reported excellent fiscal 2019 fourth-quarter earnings results this month, after which its stock saw a huge boost.

Opioid Crisis: Is Cannabis Legalization a Good Idea?
Thursday, August 29 

According to the CDC, about 400,000 people died from opioid overdoses from 1999 to 2017. The number includes deaths from prescription and illegal opioids.

Marijuana: Why Is Washington Changing Its Laws?
Thursday, August 29 

In 2012, Washington was the second state to legalize recreational marijuana. Now, the state plans to revamp its marijuana laws.

August 28 Cannabis Review: Canopy Rivers, CGC, TLRY
Wednesday, August 28 

On a slow news day for the trade war, the cannabis sector traded in positive territory, with Canopy Rivers, Canopy Growth, and Tilray all closing up today.

Insurance Coverage: Assistance for Some Hemp Farmers
Wednesday, August 28 

Certain farmers growing hemp for research purposes will be able to get insurance coverage under the WFRP program for the 2020 planting season.

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