Cannabis Watch: Canadian pot companies came up way short on sales expectations. So what happened?
After a week of earnings reports from some of the larg.....»»
Cannabis Watch: Canadians were expected to buy $1 billion in legal weed, but major pot companies disclosed just $2 million in sales. So what happened?
After a week of earnings reports from some of the larg.....»»
Cannabis Watch: If you want to get rich with marijuana stocks, you need to know the crucial difference between U.S. and Canadian companies
U.S. companies are overlooked by many investors. But any state and federal legalization favors them over Canadian rivals, fund managers say......»»
Cannabis Watch: Cannabis stocks stage strong rally as prospect of Democratic Senate spurs reform hopes
Cannabis stocks staged a strong rally on Wednesday, with most Canadian and U.S. companies posting double-digit percentage gains, buoyed by hopes the Democrats may take the Senate and pursue a more pro-reform agenda......»»
Cannabis Watch: Aphria, Tilray stocks jump after report that cannabis companies are discussing merger
Shares in Canadian cannabis companies Aphria Inc. and Tilray Inc. skyrocketed in late trading Tuesday after a report that the companies are in advanced talks to merge......»»
Consumer Watch: Why Canopy Growth’s sales grew as Aurora Cannabis struggled to sell more weed
Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster......»»
Consumer Watch: Three reasons why Canopy Growth’s cannabis sales grew as Aurora struggled
Canopy Growth Corp. reported earnings early Friday that gave investors a few reasons to cheer: In short, it wasn’t a total disaster......»»
Cannabis Watch: From cash to ash: Pot companies have just months to live on average, study finds
The largest Canadian marijuana companies have less than a year’s worth of cash left on average, according to a new study......»»
Cannabis Watch: Marijuana producer Organigram stock soars 30% as sales double
Organigram Holdings Inc. stock soars during extended trading, as the Canadian weed company reported fiscal first-quarter revenue that jumped two-fold, beating Wall Street estimates......»»
Cannabis Watch: Shorting cannabis stocks was a billion-dollar idea in 2019
Though 2019 was a brutal year for weed stocks in Canada and the U.S., that meant it was a stellar year for short sellers, who harvested nearly $1 billion from shorting the top 20 cannabis companies......»»
Cannabis Watch: Cannabis stocks jump on hopes that Canadian move will curb black-market sales
CBC report says Ontario will open more stores, making it easier for licensed producers to get their product to consumers......»»
Cannabis Watch: Canada tells cannabis companies to improve disclosures of cross-holdings
A Canadian regulator told weed companies earlier this week to get better at offering conflict of interest disclosure around mergers and acquisitions......»»
Cannabis Watch: Tilray earnings show pot sales quintupling, beating expectations
Tilray Inc. sold nearly five times more pot than last year to beat Wall Street expectations in a Thursday quarterly earnings report, but losses widened......»»
MKM lowers quarterly estimates for Canopy Growth and Aurora Cannabis ahead of Thursday earnings
MKM Partners lowered its quarterly estimates for Canadian cannabis companies Canopy Growth Corp. and Aurora Cannabis Inc. , and said he expects neither company will show much improvement in sales when they report earnings on Thu.....»»
Large Option Trader Betting On Canopy Growth Bounce Ahead Of Earnings
Shares of cannabis stock Canopy Growth Corp (NYSE: CGC) traded higher by 3% on Wednesday but remain down 55% overall in the past year Canadian cannabis sales growth hasn’t lived up to expectations. read more.....»»
Cannabis Watch: One year on, Canada’s legal cannabis market is down but not out
Canadian cannabis companies should be celebrating the first anniversary of legalized weed on Thursday, but the party atmosphere has been tainted by a sharp three-month selloff that has seen many companies surrender half their value or more......»»
Earnings Watch: Goldman loses its Wall Street luster as earnings miss, UnitedHealth’s stock soars to record price gain
The kick-off of earnings season Tuesday was a tale of both winners and losers on Wall Street as a number of blue-chip companies reported both profit and revenue that beat expectations, while a couple notable banks fell surprisingly short......»»
Earnings Watch: Goldman loses its Wall Street luster as earnings disappoint, UnitedHealth’s stock soars to record price gain
The kick-off of earnings season Tuesday was a tale of both winners and losers on Wall Street as a number of blue-chip companies reported both profit and revenue that beat expectations, while a couple notable banks fell surprisingly short......»»
Cannabis Watch: Cannabis stocks tumble as analyst tells investors to brace for more weak earnings
Cannabis stocks fell across the board Wednesday, led by the big Canadian licensed players, after an analyst said earnings expectations are unrealistic and told investors to brace for more bad news......»»
Vape product concerns weigh on Canadian cannabis companies looking for sales boost
A U.S. recommendation t.....»»
Cannabis Watch: Cannabis companies have secret formulas to determine when the U.S. may allow pot sales
The two largest pot companies in the world have developed secret formulas that predicts U.S. federal and state cannabis legalization......»»