News and Updates

S&P 500 Down 10% from 52-Week High – Time to Panic?

North American Cannabis Sector Jumps 50% in Four Weeks – Canopy up 100%

It’s been an awesome month for the cannabis sector. The North American Cannabis index jumped more than 50% in the last four weeks for its best month of the year. Those big gains were driven Canopy’s record $3.8 billion investment from Constellation Brands (STZ). And looking forward I am expecting more of the same – I see more gains ahead.

S&P 500 Down 10% from 52-Week High – Time to Panic?

Canopy Growth Corp Jumps 47% in one Day on $3.8 Billion Mega deal with Corona Brewer

The cannabis sector just went from being ice cold to red hot in one day. On Tuesday morning, Canopy Growth Corp (CGC), the largest cannabis company in the world, announced that Constellation Brands (STZ), the third largest US brewer has invested $3.8 billion in Canopy. This is a game changing deal. Its the largest deal in the history of the cannabis industry. It gives Canopy a direct link to Constellation global distribution network into more than 100 countries.