The anxiety, frustration and second-guessing builds during times like these, but you must remain vigilant and, more important, patient.
Since the market peaked at the end of January and subsequently slid into its first correction in two years, we’ve been patiently waiting to see whether this is “just” a correction or if it’s the start of the next bear market.
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Seemingly nothing can stop the marijuana industry, or marijuana stocks, at the moment.
Over the past couple of years, we’ve witnessed a number of major milestones for the cannabis industry. For example, in 2012, Colorado and Washington became the first states where a majority of voters legalized the sale of recreational marijuana to adults ages 21 and up. Since then, an additional six states have joined in. The rapid growth in legal recreational weed sales is what helped push Colorado well over the $1 billion total legal sales mark (medical plus recreational) by the end of October....More>>>
Tilray has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 9.0 million shares in the range of $14 to $16 a piece, with an overallotment option for an additional 1.35 million shares. At the maximum price, the entire offering is valued up to $165.6 million. The company intends to list its stock on the Nasdaq under the symbol TLRY.
The underwriters for the offering are Cowen, Roth Capital Partners and Northland Capital Markets.
This company is pioneering the future of medical....More>>>