Choose your location to get a site experience tailored for you. Television and filmed entertainment, especially traditional broadcast TV, is being transformed by the big and fast-growing inroads of internet and over-the-top OTT video platforms. Its impact on traditional networks broadcast and pay TV and video distributors cable, telco, and satellite has been extensively examined. To date, however, there has been little study of the impact of OTT and the changing TV landscape on the various domestic production ecosystems around the world.
Print In case you haven't noticed or have been otherwise living under a rock, big things are happening with the marijuana industry. In less than four weeks, roughly nine decades of Canadian recreational marijuana prohibition will be wiped away as it becomes the first industrialized country in the world to legalize adult-use weed.
And with this legalization comes the potential for the industry to generate billions in added annual sales. This is what's been behind the astronomical rally in pot stocks in recent years. Brand-name pot stocks angle for U.
Because federal scheduling is so restrictive in the United States, publicly traded investment opportunities tend to be few and far between. And let's face it, those pot stocks that are based in the U. The bigger issue is that U. I bring this up because with Canada legalizing recreational marijuana, it's Canadian pot stocks that have been soaring.
Put plainly, not all institutional investors, or retail investors for that matter, are able to purchase OTC stocks. That restricts the potential ownership of marijuana stocks.
Since February, Canadian marijuana stocks have turned to more reputable U. In May, Canopy Growth Corp. TLRY became the first marijuana stock to go the initial public offering route on a U.
Needless to say, their decisions have paid off handsomely. Cronos Group and Canopy Growth Corp. Now it looks as if a fourth brand-name marijuana stock is ready to make the switch.
Advertisement The largest weed producer is ready to list its shares on a reputable U. Such a move would expand the company's investor base, "including U. Should this surprise anyone? Uplisting in October would obviously make a lot of sense given the euphoria surrounding legalization on Oct.
It would offer the perfect opportunity to attract investors who fear missing out to get into pot stocks before the green flag officially waves. However, Aurora Cannabis likely also seeks the validation of a reputable exchange listing, especially since it's on track to be the nation's top pot producer by yield.
Once its latest purchase is accounted for ICC Labsthere's an outside chance it could even hitkilograms a year in production when at full capacity.
As the clear quantity leader, it only makes sense to uplist to a reputable exchange and give institutional investors easier access to the stock. Uplisting might have a surprisingly negative effect on Aurora's stock Then again, I'm not entirely convinced that Aurora Cannabis won't shoot itself in the foot over the short to intermediate term with such a move.
You see, Aurora Cannabis's claim to fame -- its superior production potential -- is all a result of its aggressive acquisition, partnership, and organic construction strategy.
This plan wasn't cheap, and it required the company to turn to bought-deal offerings on a number of occasions.
While successful in raising the money it needed to boost its production capacity, these bought-deal offerings will also balloon the company's outstanding share countmaking it that much harder for Aurora Cannabis to produce a meaningful per-share profit. Having ended fiscal with around 16 million outstanding shares, the company will likely have around 1 billion shares outstanding by the end of its current fiscal year.
Uplisting to the Nasdaq or NYSE would presumably allow financial institutions and retail investors easier access to bet against Aurora Cannabis' stock via short selling or through put options. Regardless of which side Wall Street eventually takes with Aurora Cannabis, the red carpet appears to be out for its arrival on a reputable U.
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.Jul 04, · The US has overtaken Saudi Arabia and Russia to become the world's top oil producer, according to a report by the Bank of America. The Tour de France starts in . Report on Central Purchasing Policy.
April Matthew Nash. Summary. This report into the central purchasing policy of Smith and Co. will assess how the policy. Business news & Financial news from rutadeltambor.com Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one.
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