Innovative Industrial Properties Inc. (NYSE: IIPR)Canopy Growth Corporation
Canopy Growth is a multi-faceted cannabis company with a strong investment in brand, market, and product differentiation. The company has created a dominant, global business with the potential to generate significant and sustained returns on shareholder capital for the long term. By leveraging on consumer insights and innovation, it offers product varieties in high-quality dried flower, edibles, infused beverages, and oils. CGC stock currently trades at $29.11 as of 11:08 a.m. ET on Friday, and has been up by over 90% in the last year. Yesterday, the company announced a new acquisition that has caught investorsâ attention.
Could Michigan Be the Perfect Entry Point for Cannabis Investors
FN Media Group Presents USA News Group News Commentary
VANCOUVER, B.C., April 8, 2021 /PRNewswire/ USA News Group - A cannabis boom is underway, and perhaps one of the fastest growing markets of all is that of Michigan, which just saw its cannabis sales hit $105 million in February 2021, representing an increase of 160% year-over-year. Just last year, Michigan s top cannabis regulator predicted the state s market has $3 billion potential. This week, Bruce Linton, founder and former CEO of the world s most valued cannabis company
Canopy Growth Corporation (NASDAQ: CGC) (TSX: WEED) commenced trading with his new Michigan-based cannabis vehicle Gage Growth Corp. (GAGE). Many more have seen Michigan s marijuana market potential and are wasting no time in getting established there, including premium plant-based extraction company
Could Michigan Be the Perfect Entry Point for Cannabis Investors prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Author Bio
Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelor s degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Management. Follow @HealyWriting
When looking for stocks to build a portfolio, investors should look for a plausible path to long-term expansion at a reasonable price. However, investors do not have to overpay or settle for meager growth to find such companies.
April 6, 2021 at 4:52 pm Published by NCV Newswire
4Front Announces Fourth Quarter and Fiscal Year 2020 Results and Provides Business Update
Q4 Systemwide Pro Forma Revenue increased to $25.0 million, with full year 2020 Systemwide Pro Forma sales of $88.1 million
Q4 Adjusted EBITDA increased 59% sequentially to $5.9 million, representing Adjusted EBITDA margin of 24%
Reiterated FY2021 guidance for Systemwide Pro Forma Revenue of $170-180 million and Adjusted EBITDA of $40-50 million
The Company’s existing licensed projects at maturity represent a long-term revenue and EBITDA opportunity upwards of $650 million and $250 million, respectively
PHOENIX, April 6, 2021 /PRNewswire/ – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020. All financial information is presented in U.S. dollars unless otherwise indicated.