Green Thumb Industries one of the top three stocks on analysts’ minds

Posted by - June 9, 2020

The cannabis company ranks high among the options available to investors looking for strong returns The impact that the coronavirus pandemic has had over the cannabis industry has been quite different from the rest. Somehow, companies are picking up benefits for increased sales while facing some difficulties in other parts of their operations. Amid a

American Eagle set to introduce cannabis products

Posted by - July 13, 2019

The apparel company is going to begin offering lotions, balms and other products containing CBD As the American retail industry is suffering a record drought, with brick-and-mortar stores closing on almost a daily basis, American Eagle Outfitters (AE) is looking for an infusion of cash through the infusion of cannabidiol (CBD). The retail company has

Aphria holds firm on future, rejects Green Growth

Posted by - March 27, 2019

Green Growth’s hostile takeover most likely won’t happen Last year, cannabis company Green Growth Brands announced plans to try and institute a hostile takeover of Aphria Inc. At the time, it was willing to give Aphria shareholders fair consideration if they got behind the deal, but Aphria balked. It balked against several times over the

CBD to save the shopping mall

Posted by - March 27, 2019

The addition of cannabis retail to shopping malls could cause a resurgence in the dying industry There’s no denying it. Shopping malls are hurting. Across the U.S., over the next five years, 20%-25% of malls will close their doors. Although once the mainstay for consumers, eCommerce has changed shopping habits drastically and teenagers are giving

Pro golfer get into the CBD market

Posted by - February 15, 2019

Greg Norman launches a CBD-infused product line Golf legend Greg Norman is now the latest pro athlete to join the cannabis industry. The Hall-of-Famer has teamed up with Green Growth Brands out of Ohio to produce a new line of wellness products based on cannabidiol (CBD) and which will carry his name to retail chains

Largest mall operator in US embracing CBD

Posted by - February 13, 2019

Simon Malls is going to open shops owned by Green Growth Brands across the U.S. Simon Malls is already known for having the largest footprint for retail malls in the U.S. It is now about to propel a new wave of CBD awareness and adoption after it entered an agreement with Green Growth Brands to

Aphria says no to Green Growth, stock falls

Posted by - February 7, 2019

The company rejects the bid, saying it’s undervalued Green Growth Brands (GGB) announced last year that it would put forth a hostile takeover bid for cannabis company Aphria. It then formalized the position late last month, offering a deal reportedly worth $2.1 billion. Aphria has now stepped forward and rejected the bid, saying that it

Green Growth makes formal bid for Aphria

Posted by - January 23, 2019

The plan first announced in December is moving forward In December, Ohio-based Green Growth proposed a hostile takeover of Canadian cannabis producer Aphria. It now appears that the proposal was more than just talk, as Green Growth has confirmed that it is launching a formal bid today. The offer is expected to remain open until

Green Growth CEO speaks up on Aphria takeover

Posted by - January 2, 2019

Concern about the hostile takeover is causing ripples in the marijuana industry As 2018 was wrapping up, marijuana company Green Growth out of Ohio was working on a plan to launch a hostile takeover of Canada-based marijuana producer Aphria. While it was initially seen as a positive move, resulting in Aphria’s price climbing 26%, sentiment

Hostile takeover of Aphria proposed

Posted by - December 28, 2018

Green Growth wants Aphria and is willing to pay a hefty price to get it The Ohio-based Schottenstein family made a fortune in retail. It then segued into marijuana, launching Green Growth, a new cannabis operation that doesn’t have to be concerned about having deep pockets. Now, the company has its eyes set on Canadian