All things botanicals by John Lothian.
Cannabis Shares Underperform Going Into Year-End Amid U.S. Regulatory Logjam
Although adult-use sales of cannabis remain robust in U.S. states where it is legal, Nasdaq IR Intelligence analyst Saleem Daya sees continued stock underperformance across the cannabis space going into year-end, building on activity in the second and third quarters of 2021.
In an interview with John Lothian News, Daya notes the benchmark Solactive North American Marijuana Index is about 13% lower this quarter and is down close to 20% year-to-date, a move he attributes to disappointment that the U.S. federal reform that many were hoping for in early 2021 has not taken place and impatience with a regulatory process that remains mired in disagreement over its scope and depth.
Cannabis shares pull back as U.S. regulatory momentum fizzles
Nasdaq IR Intelligence analyst Saleem Daya explains why the sector’s heated year-end performance cooled in Q2; cites rising yields, retail investor fatigue as action on U.S federal legislation remains stalled.
‘Weed Out the Dreamers’ to Make Hemp Sustainable
In a midyear update with JLN, PanXchange CEO Julie Lerner says the hemp industry needs to turn its focus to farm economics; sees continued promise in carbon credits.
Looking for ‘the Right Type of Disruption’ in the Wild West of Hemp
After a long career in exchange-traded derivatives, Jack Bouroudjian, chairman of the Global Smart Commodity Group, is doing an about-face, turning to blockchain technology and tokenized settlement to facilitate trading.
Institutions Build Presence In Cannabis Investments
John Lothian News talks to Nasdaq IR Intelligence analyst Saleem Daya about the evolving cannabis stock sector, including a steady pick up in institutional interest as the year 2021 unfolds.
Retail Traders Wade Into Cannabis Shares
Nasdaq IR Intelligence analyst Saleem Daya sat down to talk with JLN about a recent jump in cannabis stock price volatility. He also explained what is behind the rise in mergers and acquisitions in the space.
Hemp In ‘Year of Transition,’ PanXchange CEO Says
Julie Lerner, CEO of PanXchange, recently sat down with JLN’s Thom Thompson for an in-depth discussion of the industrial hemp market. Her view of current supply vs. demand may surprise you.
Cannabis Shares Pick Up Pace As 2021 Regulatory Momentum Eyed
Saleem Daya, an analyst with Nasdaq IR Intelligence in Toronto, sees U.S. cannabis regulation poised for a rehaul in 2021 given Democrats’ U.S. Senate win.
Hemp: ‘An Economic Experiment on a Grand Scale’
JLN Editor Thom Thompson explains the twists and turns of the 2020 hemp market and looks ahead to 2021.
U.S. Election Seen As Possible Pivot Point for Cannabis Legislation
Initiatives to legalize marijuana are on the ballot in five states this Election Day, giving voters the chance to move the industry toward wider acceptance. In addition, several Senate and gubernatorial races are seen as key to unlocking stalled legislation. JLN talks...
Revolution scores big wins in first-ever Illinois Cannabis Cup
Chicago-based Revolution Global took first place in 6 out of 7 categories in a recent "Peoples Choice" competition judged by more than 200 consumers. John Lothian News talked with Revolution COO Dustin Shroyer to get the details.
Cannabis sector outperforms S&P 500 as U.S. sales grow
Saleem Daya, analyst at Nasdaq corporate solutions in Toronto, updates John Lothian News on the Q2 performance of listed cannabis shares amid strong U.S. sales and waning COVID-driven volatility.
Were Illinois’ Social Equity Applicants Burned?
Heated debate and a lawsuit quickly followed the release on September 3 of a list of 21 finalists for the state’s social equity cannabis dispensary licenses.
Chicago NORML: Social Equity Licenses Just the Start
Stephen Simpson, executive secretary of the cannabis advocacy group Chicago NORML, spoke with John Lothian News about the group's social equity agenda and why the imminent awarding of 75 new dispensary licenses is just one item on a long checklist.
Publicly Traded Cannabis Stocks See Volume, Volatility as Sector Matures
Saleem Daya, analyst with Nasdaq IR Intelligence in Toronto, breaks down early 2020 trends in cannabis-related stocks for John Lothian News, and talks about active investors in the space and why some certain stock names have had greater appeal, both in the U.S. and...
Investors blocked from betting on US congressional elections by regulator
First Read Hits & Takes John Lothian & JLN Staff Cheryl and I are safely home from Bermuda and The World Federation of Exchanges Annual Meeting. We also celebrated our 34th wedding anniversary, so as the saying goes, happy wife, happy life. Now, back to work....
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The Spread
Options Discovery Episode 20: Intro to Options and Earnings; Etoro Equity and Derivatives Investment Analyst, Callie Cox, Breaks Down Options and Earnings With Jln’s Alex Teng
In this episode of Options Discovery, Asma Awass introduces equity option price behavior around earnings announcements. Alex Teng dives deeper into this topic with Callie Cox, a seasoned investment analyst and content creator from the “social-based” brThinkorswimm eToro.
OCC liquidity risk doubles to all-time high in Q2
Lead Stories OCC liquidity risk doubles to all-time high in Q2; Concentration of activity around June expiration responsible for record rise Joshua Walker - Risk.net The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a...
