420 Investor Weekly Review 07/22/22


StatsCan released data that indicated Canadian sales of cannabis in May set a record of C$375.8 million, up a little sequentially and about 20% from a year ago.

I distributed this written material to 420 Investor subscribers during the week:

Here are some of this week's highlights for Focus List names:

  • CGC - closed the acquisition of C$263 million of its convertible notes.
  • CURLF - named Miles Horne as the new President of Curaleaf International.
  • GNLN - sold stake in VIBES for $5.3 million and repaid the loan to its former CEO.
  • TLLTF - introduced cannabis brand Toast in Massachusetts.
  • TLRY - launched a cannabis education platform in Europe.
  • TRSSF - launched Cookies Brand in New Jersey.
  • VFF - launched The Original Fraser Valley Weed Co. at Pure Sunfarms.
  • VLNS - announced the nomination of its sixth independent director.

There were comments in over 110 discussions in the Forum. Don't miss out on this most informative part of 420 Investor! Not familiar with the the Forum? This video will help! This is a great way to track your favorite tickers, even those not on the Focus List, and to get your questions answered quickly.

Please check the Focus List, (which has technical, fundamental and valuation ratings as well as a market-cap table). To help track market caps, we maintain tables for the Canadian LPs and the American cannabis operators and ancillary companies.

Market Performance

The Global Cannabis Stock Index rose strongly during the week, increasing 7.2% to 16.15:

Posted to Benzinga PotProfits on Jul 22, 2022 — 4:07 PM
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