Remove 2018 Remove Legal Remove Stock Exchanges
article thumbnail

Waiting to Buy Marijuana Stocks After Legalization Could Be a Costly Mistake

The Motley Fool

A lack of any progress on federal marijuana legalization has led to some significant sell-offs. Curaleaf (OTC: CURLF) stock has cratered 77%. Many investors appear to be waiting for more favorable market conditions, possibly even waiting for legalization to occur first. A big hurdle for multi-state operators (MSOs) in the U.S.

Legal 246
article thumbnail

Why Tilray and Aurora Cannabis Stocks Surged Higher Today

The Motley Fool

Last Thursday, the company announced its common shares would effectively move to the Toronto Stock Exchange from its current home of the Canadian Securities Exchange. Cannabis legalization is sweeping over North America – 19 states plus Washington, D.C., The move should occur on July 4, which is not a Canadian holiday.

Legal 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Canopy Growth Stock Suffers Another Blow

The Motley Fool

still unlikely to legalize marijuana in the near future, investors have lost hope in Canopy Growth. The stock has crashed and, unfortunately, investors shouldn't expect things to improve anytime soon. The index is made up of the top stocks on the Toronto Stock Exchange (TSX), representing about 70% of the exchange's market cap.

Legal 246
article thumbnail

Bain Capital buys Brazilian steakhouse chain Fogo de Chão in $1.1bn deal

Private Equity Insights

The deal marks a win for private equity firm Rhone Capital, which took Fogo de Chão private for $560m in 2018. Kirkland & Ellis served as legal counsel to Bain. Morgan Stanley & Co LLC is serving as financial adviser to Fogo de Chão and Rhône, while Sullivan & Cromwell served as legal counsel.

article thumbnail

Huge News for SNDL Investors

The Motley Fool

In 2018, Canada legalized marijuana, and over the past 10 years or so, many U.S. While stopping short of legalization, it's a big step that will ease the tremendous tax burden on U.S. stock exchanges because their activities are legal in their own country. What will SNDL own upon legalization?

Investors 227
article thumbnail

Want $1,000 in Annual Dividend Income? Invest $9,550 in These 2 Ultra-High-Yield Stocks

The Motley Fool

Here's why these two stocks could be far less risky than their ultra-high dividend yields suggest. Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. At recent prices, its dividend offers a 9.3%

Investing 246
article thumbnail

Here's How Innovative Industrial Properties Can Afford Its 9% Dividend Yield

The Motley Fool

High yield, in more ways than one Success begets imitators, and Innovative is no longer the sole marijuana -focused REIT on the stock exchange. The REIT has a presence in most of the 23 states that have fully legalized marijuana sale and consumption, from California to Massachusetts. has an admirable geographic range.

Legal 130