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German coalition deal sealed, to be presented later Wednesday
Germany's Social Democrats, Greens and Free Democrats have almost concluded coalition talks, the parties say. This means the country will likely have a new government well before Christmas.
https://www.dw.com/en/german-coalition-deal-sealed-to-be-presented-later-wednesday/a-59915201
OrganiGram Holdings Inc. 2021 Q4 - Results - Earnings Call Presentation
Nov. 23, 2021 9:02 AM ETOrganiGram Holdings Inc. (OGI)
https://seekingalpha.com/article/4471428-organigram-holdings-inc-2021-q4-results-earnings-call-presentation?utm_campaign=RTA+Articles&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+Article+Smart
Organigram Reports Fourth Quarter Fiscal 2021 Results
Nov. 23, 2021 6:00 AM ETOrganiGram Holdings Inc. (OGI)
Continued growth in net revenue and increased market share
Achieved a 7% share of market in the recreational cannabis market in Q4, up from 5.4% in Q3 2021, positioning Organigram (OGI) as the #4 licensed producer and the momentum continues with a 7.9% share of market as of October.1
24% growth in gross revenue to $36.2 million in Q4 2021 from Q3 2021 and 43% from the same prior-year period
22% growth in net revenue to $24.9 million in Q4 2021 from Q3 2021 and 22% from the same prior-year period
36% growth in recreational net revenue to $22.9 million in Q4 2021 from Q3 2021 and 52% from the same prior-year period
https://seekingalpha.com/pr/18573712-organigram-reports-fourth-quarter-fiscal-2021-results
Organigram beats on revenue
Nov. 23, 2021 6:02 AM
Revenue of $24.87M (+21.9% Y/Y) beats by $6.19M.
https://seekingalpha.com/news/3773641-organigram-beats-on-revenue?utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+News+Smart
Uber’s delivery and takeout unit has partnered with cannabis retailer Tokyo Smoke to allow online cannabis orders through Uber Eats in Ontario, Canada, a company spokesperson told Reuters.
correct
Fab news.... Rs pushing legalisation...
you could be correct; huge move up in pre market
Germany, this week:
Berlin's proposed coalition government: "the SPD, the Greens and the FDP will assess the agreements made in coalition talks on a whole range of policy areas and decide how to proceed with government-building."
Financial Times today (Monday 15 Nov '21)
Share price forecast CGC
The 3 analysts offering 12 month price targets for Canopy Growth Corp have a median target of 20.01, with a high estimate of 33.73 and a low estimate of 10.95. The median estimate represents a 31.04% increase from the last price of 15.27.
lovely to look and see it is up 9%
moving along... thanks Las...
it is hard to find hard news about the talks as the German parties are pretty professional about forming their new government... Germany legalising will be a massive game changer in Europe...
Gallup Survey Shows a Large Majority of Americans Support Cannabis Legalization
The latest survey by Gallup reveals that more than two-thirds of American adults are pro-cannabis.
the latest survey released Thursday by Gallup, which found that more than two-thirds of adults in the United States—or 68 percent—support the legalization of marijuana.
https://hightimes.com/news/gallup-survey-shows-a-large-majority-of-americans-support-cannabis-legalization/
How Asian Americans are blazing a new path in a blooming pot industry
https://www.theguardian.com/society/2021/nov/07/asian-americans-cannabis-industry
excellent...
agree with your 'run'...
The wheel of fortune is turning Canopy's way with up-coming financials.
unbelievable ... good news goes red.... seems a concerted war to keep canna shares on the floor....
NEW YORK--October 26, 2021--Tilray, Inc. (“Tilray”) (NASDAQ | TSX: TLRY), a global pioneer in medical cannabis research, cultivation, production, and distribution, today announced it has been selected by the Luxembourg Ministry of Health as a supplier of Good Manufacturing Practice (GMP) certified medical cannabis products for the country’s medical cannabis program.
Following this selection, Tilray will supply a variety of its pharmaceutical-grade medical cannabis products, including extracts and dried flower with different degrees of THC and CBD for patients with varying medical conditions. These prescription-based medical cannabis products will be administered to qualifying patients in Luxembourg under the supervision of physicians.
https://www.tilray.com/tilraynews-master/2021/10/26/tilray-expands-medical-cannabis-footprint-in-europe
Germany's new three-party coalition that may take power in Berlin by December plans to legalise cannabis....
'22 could see legalisation in: Luxembourg, Switzerland and Germany...
by '23 / '24 major European countries will follow Germany and legalise.... (300m people or more)
Canopy (and a couple of other LPs) could be selling more cannabis products to Europe than to the USA...
Switzerland has announced its plans to legalise adult-use and medical cannabis, after a parliamentary commission ruled the drug should be taken off its banned substances list.
The Social Security and Health Commission of the Council of States (SGK-S) said cannabis should be regulated in Switzerland in order to control the cannabis market better, and to eliminate the black market for cannabis in the country.
Switzerland has announced its plans to legalise adult-use and medical cannabis, after a parliamentary commission ruled the drug should be taken off its banned substances list.
The Social Security and Health Commission of the Council of States (SGK-S) said cannabis should be regulated in Switzerland in order to control the cannabis market better, and to eliminate the black market for cannabis in the country.
Luxembourg first in Europe to legalise growing and using cannabis
https://www.theguardian.com/world/2021/oct/22/luxembourg-first-in-europe-to-legalise-growing-and-using-cannabis
Luxembourg first in Europe to legalise growing and using cannabis
https://www.theguardian.com/world/2021/oct/22/luxembourg-first-in-europe-to-legalise-growing-and-using-cannabis
Hi Stoner, are you in here....?
Good news coming... maybe a big run on the way...
Looks like cannabis will be legalised in Germany in '22, as the three main parties want to legalise....
"Germany's Social Democrats (SPD), Greens and Liberals (FDP) announced on Thursday that they aim to finish coalition negotiations by the end of November and for a new government to come into force on December 6."
https://www.euronews.com/2021/10/21/germany-s-social-democrats-greens-liberals-planning-for-december-6-government
Germany: Center-left coalition talks officially begin
Nearly a month after Germany's federal election, official coalition talks finally got underway on Thursday. Leading figures from the center-left Social Democrats (SPD), business-focused Free Democrats (FDP) and the Greens met in Berlin in the hopes of forming a government as soon as possible.
Tilray posts biggest intraday gain since July after positive mention on CNBC
https://seekingalpha.com/news/3755143-tlry-stock-rallies-to-biggest-intraday-gain-since-july-after-positive-mention-on-cnbc?fbclid=IwAR0Ura41mgaGXB17VhZ22GjhvdaTDbv3veo-qjclSFjz5AZn0iTSWk7hnoY
great day today Twister....
I have been away from all business (including the markets) over the past few months as we've been working on land: draining, planting, bridge building, fencing... you know.... fabulous to work with land... where we are I can only call it paradise, thanks to Tilray (APH) + other LPs for that first canna stocks run...
Is the next run going to be even bigger with USA and Europe closing in on legalising....
I am still staying long here, well, with what is happening across Europe is exciting, with a market bigger than US, and several countries waiting to get out the starting legalised gate by watching Germany....
cannabis legislation in Portugal has been formally delayed for another 60 days...
Also Luxembourg’s leaders are now hesitating at the pace of their full legalization.
I'm thinking they (and other European countries) are waiting on Germany to legalise...
IMO: if Germany legalises then the floodgates will open for adult rec across the continent....
Fab to watch the shorters and the squeezers scrunching each other.... now: up over 15%
agree...
this coalition comes together or Germany falls apart.... the country badly needs modernising... and the German people have voted for change... from climate to cannabis huge changes are readying for Germany... and that will be massive news for Tilray (and other LPs operating presently in Germany) ... however, this is bigger than Germany... the old continent will follow Berlin on climate and cannabis... forget inflation or general market crashed because these changes will generate something like an explosion of wealth over the next years for clever investors... cheers...
thanks Funman.... excellent news... and what other news has spiked up the pps today...?
Why Germany could be on the brink of legalising cannabis
https://www.thelocal.de/20211012/is-germany-on-the-brink-of-legalising-cannabis/
Monday / Germany: Free Democrats vote to join formal coalition talks
The neoliberal FDP has agreed to start formal coalition talks with the center-left SPD and the Greens. With all parties on board, they are a step closer to forming Germany's next government.
Germany: Green Party agrees to start formal coalition talks
Party delegates have voted by a large majority to join formal negotiations with the Social Democrats and the neoliberal FDP to form the next government.
Germany's budding coalition is considering the legalization of cannabis.
Marijuana may be an issue of easy agreement in the ongoing coalition talks between Germany's leading parties.
Despite numerous points of contention, the center-left Social Democrats (SPD), neoliberal Free Democrats (FDP) and Greens can find themselves aligned when it comes to cannabis legalization.
The FDP emphasizes the revenue that the state could earn from taxing prerolled joints, cannabis flower and edibles. The Greens say legalization would put an end to illegal sales and reduce organized crime.
On Wednesday, Social Democrat health expert Karl Lauterbach urged the next government to legalize cannabis.
Here is a look at countries that have already loosened their policies.
https://www.dw.com/en/a-roundup-of-countries-that-permit-recreational-cannabis/a-59510115
Germany's budding coalition is considering the legalization of cannabis.
Marijuana may be an issue of easy agreement in the ongoing coalition talks between Germany's leading parties.
Despite numerous points of contention, the center-left Social Democrats (SPD), neoliberal Free Democrats (FDP) and Greens can find themselves aligned when it comes to cannabis legalization.
The FDP emphasizes the revenue that the state could earn from taxing prerolled joints, cannabis flower and edibles. The Greens say legalization would put an end to illegal sales and reduce organized crime.
On Wednesday, Social Democrat health expert Karl Lauterbach urged the next government to legalize cannabis.
Here is a look at countries that have already loosened their policies.
https://www.dw.com/en/a-roundup-of-countries-that-permit-recreational-cannabis/a-59510115
Germany: SPD, Greens and FDP ready to start formal coalition talks
SPD party leadership on Friday voted unanimously to go-ahead with formal coalition talks, the Greens and FDP are scheduled to hold similar party votes on Sunday and Monday respectively.
The leaders of Germany's center-left Social Democrats (SPD), climate-friendly Greens and pro-business Free Democrats (FDP) are to recommend to their parties that they should begin formal coalition negotiations.
"We are convinced that we can conclude an ambitious and viable coalition agreement," the parties said Friday in a 12-page exploratory paper.
"The exploratory talks were characterized by trust, respect and mutual consideration. We want to continue that," the paper continues.
Friday's decision is an important step on the way to a new federal government, which in Germany often takes weeks or months.
yep the market seems to like this move...
Social Democratic Party (SPD) health expert Karl Lauterbach on Wednesday urged the SPD, Greens and Free Democrats (FDP) hoping to form Germany's next government to legalize cannabis should they come to power.
https://www.dw.com/en/german-spd-health-expert-calls-on-next-government-to-legalize-cannabis/a-59497398
Cannabis will be legalised in the near future in Germany....
This is good news for Canopy...