U.S. Hedge Funds are buying cannabis stocks. Despite regulatory issues and limited investment choices, the “smart money” is increasingly eager to gain exposure to the booming marijuana sector. But you won’t see Warren Buffett and Charlie Munger jumping on the…Read More
On February 28 , Martha Stewart’s Sequential Brands (SQBG) announced that the lifestyle celebrity has teamed up with Canopy Brands (CGC) to develop and promote a line of hemp-based CBD products. SQBG stock spiked higher on the news, nearly doubling…Read More
Canopy Growth’s 13F holdings surged in the 2nd quarter. Was this a watershed moment for the legal Cannabis sector?
Marijuana stocks may finally be getting some respect from professional investors. Funds holding stock in Ontario-based marijuana producer Canopy Growth (NYSE:CGC) increased their holdings massively in the 2nd quarter. In Q1 2018, CGC comprised a total of 1.69% of all 13F portfolios holding the stock. In the 2nd quarter that number jumped to 31.30%Read More
Cronos Group is a Canada-based marijuana producer seemingly well positioned to capitalize on the expected Canadian legalization of recreational marijuana later in the summer of 2018.Read More