The StockTalk Cannabis Report: May 29, 2020. Riding the Green Wave. | 2020-05-29 | Investing News


Cannabis Private Placements

Cannabis Revenue / Sales Exploding

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Cannabis-related revenues for cultivators, licensed producers (LPs), and retailers are making a dramatic comeback after a generally dismal campaign over the past 12 months. And as a result of increased sales (in ways directly or indirectly connected to the COVID-19 pandemic), many publicly-traded companies are seeing the return of share prices to the halcyon days of late 2018 / early 2019. Stockhouse’s Dave Jackson reports.

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Weekly Update – Top Cannabis News Stories

1 | Top Story: How this “Tortoise” LP is leading the Canadian cannabis market. A Stockhouse exclusive.

2 | As consumers loaded up on legal pot amid COVID-19 concerns, March cannabis sales soared by 19%.

3 | The latest farm income receipts from StatsCan show that cannabis is now becoming a major agricultural product in Canada.

4 | Aphria to begin trading on Nasdaq Exchange in early June.

5 | Manitoba is now opening cannabis market to more retailers.

Top Cannabis Stocks – May 19 to May 25, 2020

1. T.ACB | 80,790 | Aurora Cannabis Inc.

2. T.APHA | 48,097 | Aphria Inc.

3. T.HEXO | 39,795 | HEXO Corp.

4. T.ZENA | 39,576 | Zenabis Global Inc.

5. V.KLY | 36,554 | Kalytera Therapeutics Inc.

6. C.AGRA | 32,363 | AgraFlora Organics International Inc.

Canadian Cannabis Composite Index

2,058.18 | ▲ 44.70 (2.22%) | 40.7m

Inception Value of 1,000 (Jan. 03, 2017)

3 Months



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