The Cannabis Market is Looking Up, Even if Cannabis Stocks Aren’t

Cannabis Culture
By Sarah Halzack, Bloomberg OpinionSep 19, 2019, 7:00 pm225 pts
Almost exactly a year ago, a small Canadian cannabis company was generating a lot of buzz (sorry, couldn’t resist the pun). Despite trifling quarterly revenue of US$9.7 million, Tilray Inc.’s (TLRY:UN) market capitalization got so high (sorry again, I’ll stop) that it briefly eclipsed that of major…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

John Hopkins University Study: Cannabis Initiation Associated with Significant Reductions in Anxiety, Depression 69

3 states increase cannabis levies as ideal tax rate remains elusive 66

Vireo Growth Refinances Senior Secured Debt Through $120M Loan 66

Alabama’s Top Medical Marijuana Official Is ‘Very Hopeful’ Patients Could Finally Get Legal Access By The End Of 2025 65

Oklahoma Activists Clear Hurdle To Put Marijuana Legalization Initiative On 2026 Ballot After Avoiding Legal Challenges 65

Activists Celebrate 50 Years Of Marijuana Decriminalization In California 62

TerrAscend Completes $79 Million Non-Dilutive Debt Financing 58

Farmgate a step forward, but more changes needed to make it viable, say producers 53

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.