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Representative Mace unveiled her cannabis legalization bill. Germany may move to legalize cannabis for adult-use. Canadian retail sales grew 38% in September. Health Canada added 3 new licenses, leaving the total now at 788. 420 Investor model portfolios have returned -1.6% to 46.1% year-to-date, while the Global Cannabis Stock Index has lost 10.3%.
Representative Mace formally introduced her cannabis legalization bill, States Reform Act. Germany’s political parties agreed to move towards adult-use legalization.
Retail sales in Canada grew 38% in September, up marginally from August, to a record $355 million. Health Canada added 3 licenses, leaving the total at 788, including 1 that is expired, revoked or suspended.
During the week, I shared these insights with subscribers at 420 Investor:
Model Portfolio Composition 11/12/21 Cannabis Sub-Sector Review – 11/12/21 Previews of Q3 Financial Reports from Greenlane, TerrAscend and Verano Previews of Upcoming Financial Reports for Organigram and Planet 13
Here are some of this week’s highlights for 420 Investor