Stephen Karmazyn, BA
Stephen Karmazyn is a writer for Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries.
Throughout his career as a journalist, Karmazyn has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies.
Get to know Stephen…
What first sparked your interest in tech?
Near the end of my undergrad, I spent some time interning at the Financial Post. My very first story was on Elon Musk’s SpaceX trying to land a used rocket on a floating drone-operated barge in the middle of a gulf. Besides being infinitely fascinating and an absolutely joy to write about, the story was my very first pitch and published piece. The next day Shopify went public and that absorbed the remainder of my time at FP.
What makes tech reporting different than other news?
Cutting-edge tech is having a profound effect on almost every aspect of our day-to-day lives, and tomorrow always brings something new to the table. Essentially, each article about tech acts as a potential preview for what life may look like in the near future.
What interests you about technology stocks?
Technology stocks are great to watch because the market determines in a very concrete way which devices will define our future. By following the emerging tech companies, you get to see in real time which innovations fly and which others will falter.
Heineken Marijuana Beer Alcohol and marijuana were long thought to be headed toward a showdown as more countries across the world legalize weed, with alcohol sales often suffering as a result. But that showdown may never take place as we've seen peace bridged between these two industries by…
Marijuana News Today Following the change of policy in Ontario toward private retail locations for weed sales, a popular coffee shop in Canada is now actively looking to potentially convert some storefronts from beans to bud in April 2019. The Second Cup Ltd (OTCMKTS:SCUPF, TSE:SCU) is up big…
Marijuana News Today In what is probably the most exciting edition of "Marijuana News Today," we have Canopy Growth Corp (NYSE:CGC) up by as much as 30% after a massive investment from Constellation Brands, Inc. (NYSE:STZ). The alcohol company Constellation Brands is putting another $3.8 billion into Canopy Growth after…
Marijuana News Today We have a mixed bag in the marijuana news today. The Ontario, Canada government announced that the private sector will be permitted to open marijuana storefronts in the province after recreational marijuana is legalized. The Ontario government said, however, that these stores will not be…
Marijuana News Today The marijuana news today once again features the medical marijuana market, as two U.S. states look to expand distribution of medicinal cannabis. In New Jersey, the state government has opened the licensing application process in order to increase the number of medical marijuana companies from…
Marijuana News Today The marijuana news today puts the medical marijuana industry in a whole new light as the first ever U.S. Food and Drug Administration (FDA)-approved cannabis prescription drug was recently priced. And it's not cheap. Epidiolex, a drug to treat epilepsy in children, and which has …
Marijuana News Today In what has been a recurring theme this summer, the marijuana news today shows another massive alcohol company getting in on the legal pot business. This time it's Heineken N.V. (OTCMKTS:HEINY, EPA:HEIA). The company, which is one of the largest alcohol producers in the world, has…
OrganiGram Stock One of the marijuana stocks that I've long championed, OrganiGram Holdings Inc (OTCMKTS:OGRMF, CVE:OGI), has been making me look good this past week. OrganiGram stock has gained about 14% following a very strong financial earnings report. OrganiGram's Q3 financial report was released on July 30. Since…
Marijuana News Today With all eyes on the fast-approaching Canadian marijuana legalization, the marijuana news today brings up some troubling questions—namely, are we headed toward a marijuana supply shortage? There is no other event more important to marijuana stocks for the remainder of 2018 than Canadian marijuana legalization…
Aphria Stock Forecast I’ve made no secret of my concern for Aphria Inc (OTCMKTS:APHQF, TSE:APH) in 2018. What was once one of the best picks in the marijuana industry has had a very poor showing this year so far. Down over 40% year-to-date (YTD), Aphria stock has had ample…
Marijuana News Today: Pot Industry Heats Up You may not immediately associate chewing gum with pot in your mind, but that soon could change, as the marijuana news today features William Wrigley Jr. II, billionaire heir to the Wrigley gum fortune, jumping in with both feet into the…
Aurora Cannabis Stock Blues One of the most disappointing stock market performers in 2018 has been Aurora Cannabis Inc (OTCMKTS:ACBFF, TSE:ACB). The stock's value is down over 30% year-to-date, and many of the company's big, bold moves have fallen flat—at least for now. So what does that mean for…
Marijuana News Today: Nevada Marijuana Legalization The numbers are in, and the marijuana news today shows that the Nevada marijuana legalization process can be deemed as nothing but an unmitigated success—as far as revenue numbers go, at least. Sales and tax collection numbers have already surpassed year-end projections…
Tilray Stock Forecast One of the most exciting developments in the marijuana industry of late has been the first ever marijuana initial public offering (IPO) on the Nasdaq by Tilray Inc (NASDAQ:TLRY). Since it went public on July 18, Tilray stock has had a very eventful start to…
Marijuana News Today: New York Marijuana Legalization In a familiar story in 2018, the marijuana news today has yet another U.S. state signaling that it is ready for recreational marijuana legalization. This time, New York marijuana legalization is being supported by the state's governor, Andrew Cuomo. Cuomo released…
Hydropothecary Stock Forecast Today we saw another major partnership between marijuana and alcohol by way of Molson Coors Brewing Co (NYSE:TAP) and Hydropothecary Corp (OTCMKTS:HYYDF, TSE:HEXO) forming a joint venture to bring marijuana-infused drinks to Canada come legalization. The news has sparked a massive rush of investor interest in Hydropothecary…
Marijuana News Today The marijuana news today marks another entrant into the growing pool of alcohol companies looking to invest in the marijuana space. This time, it's Molson Coors Brewing Co (NYSE:TAP) that has joined the list, partnering with Hydropothecary Corp (OTCMKTS:HYYDF, TSE:HEXO) to bring marijuana-infused drinks to Canada come…
Marijuana Legalization The numbers are coming in, and they're looking good: hundreds of jobs are being created in specific provinces in Canada as marijuana legalization approaches for the country. Why is this important for marijuana stocks? Because if there's one thing politicians tend to universally love regardless of…
Marijuana News Today The marijuana news today is a return to form, with another major victory in the war on anti-marijuana legislation. It's a well-worn process we've seen play out countless times; there's medical marijuana legalization, followed by decriminalization for casual use, followed by recreational marijuana legalization. It…
Aurora-MedReleaf Deal It has been a long time coming, but the Aurora-MedReleaf acquisition is finally closed. Unfortunately for Aurora Cannabis Inc (OTCMKTS:ACBFF, TSE:ACB), the company was unable to see much value added to its shares. In fact, Aurora Cannabis stock enjoyed a small jump last week when the…
From: Michael Lombardi, MBA