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.
Marijuana Stocks 2018 Update We're only two months into 2018, but the year has already been a wild one for marijuana stocks. Between the massive surge that most companies felt in early January to the slump that has developed since, the notorious volatility of the cannabis stock market…
ACB Stock Split - Is It Coming? Stocks splits are always an interesting proposition. They cause a lot of hype and buzz, often increasing trading activity around a stock based solely on potential. Now, whether that trading is positive or negative varies. In the case of Aurora Cannabis…
Why Is Recreational Marijuana Legalization Delayed? Canada has delayed its recreational marijuana legislation and marijuana stocks have taken note. The legislative dealings surrounding the Canada marijuana legalization process have led to a longer-than-expected timeline for pot to be available in all forms to Canadians. Initially, the drug was…
INSY Stock Lawsuit in New York State Insys Therapeutics Inc (NASDAQ:INSY) is staring down the barrel of a state lawsuit in New York, alleging that the company promoted its fentanyl-based drug "Subsys" to the detriment of patients' health. Insys Therapeutics stock, meanwhile, has fallen by nearly eight percent…
Marijuana Winners and Losers of the Week The marijuana market is hardly ever predictable. Maybe that's not fair. It is predictable over long hauls, but short-term spans of days and weeks can be volatile. That's to be expected when you're playing an emerging market. Stocks shoot up with…
California Marijuana Laws in 2018 This year will see the largest marijuana market so far open up to recreational weed. No, I'm not talking about Canada. California is not only larger than Canada by about three million people, it produces about $1.0 trillion more in gross domestic product…
Should You Consider Medical Marijuana Stocks? The marijuana industry can, at times, seem laser-focused on the prospect of recreational-use legalization, and that makes sense. The next big milestone for the sector will be mass legalization for pot, allowing for all uses of the drug. Naturally, investors are looking…
Pot Legalization Delayed in Canada There's nothing to be done about it now; we've seen pot legalization delayed in Canada. As you might expect, this is hardly good news for the marijuana industry (and Canadian marijuana stocks specifically), but weed investors can rest easy; this is a minor…
Canopy Growth Earnings Report Review While 2018 hasn't exactly been the kindest year to marijuana stocks so far, that hasn't stopped several heavy hitters in the industry releasing impressive financial earnings reports. The latest Canopy Growth earnings report, for instance, once again solidified why the largest marijuana company…
NJ Legal Marijuana: Is It Close? As more and more U.S. states legalize medical marijuana, many have begun to ask the inevitable question: Should recreational marijuana legislation follow? That's exactly what's happening with New Jersey (NJ) marijuana legalization at the moment. The state, with laws already on the…
Marijuana Sales Surpass Alcohol in Aspen in 2017 For the first—but almost certainly not the last—time, legal marijuana sales have topped alcohol sales in Aspen, Colorado. This has huge implications for the marijuana industry, not just in Aspen, but across the globe. Aspen’s marijuana dispensaries (cannabis is legal…
Aurora Stock Price Trajectory One of the top companies in the marijuana industry, Aurora Cannabis Inc (OTCMKTS:ACBFF, TSE:ACB), recently released its Q2 earnings report, and weed stock enthusiasts will be happy to know that things are looking good for ACB stock. The Aurora earnings report showed double-digit boosts in…
Canadian Marijuana Stocks Go Global The true winners in the marijuana industry are going to the companies that are able to capitalize on the global market for weed. That's because the product is very much in demand internationally, regardless of the state of legalization. That holds especially true…
Ripple Price Prediction 2018 In the world of cryptocurrencies, the big names often dominate the news, with Bitcoin and Ethereum sucking up most of the media airtime. Of course, that all depends on how deeply you look at the market. The layperson has probably only heard of Bitcoin,…
Aphria Stock Forecast 2018 Aphria Inc (OTCMKTS:APHQF), (TSE:APH) has had a very busy last few weeks. Between sell-offs of U.S. assets, a CA$230.0-million acquisition, and the approaching marijuana legalization in Canada, the company has had a glut of news pouring in of late. With the Aphria stock forecast 2018…
U.S. Marijuana Crackdown Imminent? Comments made by Attorney General Jeff Sessions at a talk earlier this week have again sparked rumors that a U.S. marijuana crackdown may be in the works. Sessions is a notorious drug crusader who has been a long-time opponent of marijuana legalization. A recent…
OGI Stock Forecast: Is an Acquisition in Its Future? Following a strong showing in the first quarter of 2018, OrganiGram Holdings Inc (OTCMKTS:OGRMF, CVE:OGI) may have been added to the shopping list of a number of larger, hungrier companies in the marijuana market. As we near legalization in Canada…
Redwood (MJJ) Marijuana ETF As the marijuana industry continues to grow, it only makes sense that investors are going to want more options in how to trade these assets. And the market will be all too willing to provide. Enter the Redwood Marijuana Opportunities Fund, the first actively-managed…
Canada Marijuana Stocks Find a Home in Sweden Two of the top 10 most-traded shares in Sweden in January 2018 were Canada marijuana stocks, adding further proof that the marijuana market is growing more global with each passing day. “Out of nowhere, the interest for Canadian cannabis shares…
Top Canadian Marijuana Stocks for 2018 In case you needed more evidence of just how wild the marijuana industry can be, Monday was quite a ride for some of the biggest weed companies. While many investors were concerned about marijuana stocks crashing since mid-January, some of the most…
From: Michael Lombardi, MBA