Category: cannabis

Cannabis VC Karan Wadhera on why the industry, which took a hit last year, is now quietly blazing
, ,

Cannabis VC Karan Wadhera on why the industry, which took a hit last year, is now quietly blazing

Early last year, excitement over the burgeoning cannabis industry was palpable in Silicon Valley, with a small number of venture firms writing their first checks to cannabis-related startups. Among them is the cross-border venture firm DCM, which even hosted an “inaugural” cannabis “tech summit” in May 2019 that drew so many investors that finding a…

Read More
2020 May Be the Year Cannabis Stocks Surge Like Apple
, ,

2020 May Be the Year Cannabis Stocks Surge Like Apple

The badly beaten cannabis industry is starting to come to life. The bear market killed the unsustainable hype in the industry. One analyst predicts that pot stocks are poised for a resurgence. Why go for overbought FAANG stocks that have limited upside when you can buy a badly beaten cannabis industry that’s ripe for bottom-picking?…

Read More
Cannabis CEO Clueless About R&D, and the Stock Proves It
, ,

Cannabis CEO Clueless About R&D, and the Stock Proves It

Canopy Growth’s stock is down 48% from the best of 2019, and the CEO isn’t helping after proving he doesn’t know the business inside and out. | Source: ShutterstockBy CCN Markets: Canopy Growth’s stock may be showing some green today, but it’s down an eye-popping 48 percent from its best levels of 2019. No wonder…

Read More