Cannabis Watch: CannTrust makes its case as a major Canadian weed producer

CannTrust Holdings Inc. said late Wednesday that it sold nearly as much recreational pot in September as Canadian cannabis rivals worth much more, and it is pursuing a listing on the New York Stock Exchange, pushing shares to large gains Thursday......»»

CannTrust Holdings Inc. has taken another step Monday to persuade investors that it is one of the world’s most important cannabis companies by listing on the New York Stock Exchange......»»

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 stocks were mixed on Monday, with CannTrust falling another 5% on news a customer is returning almost three million Canadian dollars worth of its weed and MedMen rallying as it launches delivery service across California......»»

Like any other cannabis producer based in the U.S., Curaleaf Holdings Inc. operates illegally, but that didn’t stop the company from listing its shares on a Canadian stock exchange Monday with a $4 billion valuation......»»

Four major Canada-based weed producers are set to report earnings next week, the biggest financial test for the companies since Canada legalized adult recreational use of cannabis on Oct. 17......»»

Powered by Canadian recreational marijuana sales, Cronos Group Inc. revenue tripled as the weed producer swung to a loss, according to quarterly results the company reported early Tuesday......»»

Marijuana producer Tilray Inc. announced Wednesday that it has signed a research partnership with Budweiser maker Anheuser-Busch InBev SA, as the Canadian cannabis industry continues to strike deals with legacy industries......»»

Marijuana producer CannTrust Holdings Inc. said Tuesday that it had obtained an initial order from a Canadian court to protect it under a law there that allows companies to avoid bankruptcy. The New York Stock Excha.....»»

Investors bludgeoned Tilray Inc. stock Friday, sending shares of the Canadian cannabis producer down more than 30% after the company offered investors shares at less than a third of the price paid in its initial public offering......»»

Investors bludgeoned Tilray Inc. stock Friday, sending shares of the Canadian cannabis producer down roughly 33% after the company offered investors juicy terms to raise $90.4 million from an equity sale......»»

Aurora Cannabis Inc. late Thursday said that Chief Executive Terry Booth is retiring amid “sweeping changes” for the Canadian licensed producer, the latest pot company to cut costs amid a cash crunch in the sector......»»

Cannabis advocates are cautiously optimistic that 2020 will be the year that New York state finally legalizes cannabis for adult recreational use, marking a major milestone for the legal business......»»

Hexo Corp. has been making the same error in its financial statements since June, 2017, MarketWatch has learned......»»

Canopy Growth Corp., the Canadian cannabis company that is the market leader thanks to a $4 billion investment from a major drinks company, will not be profitable on a per-share basis by fiscal 2022, MKM analyst Bill Kirk said Friday......»»

A Canadian regulator told weed companies earlier this week to get better at offering conflict of interest disclosure around mergers and acquisitions......»»

Weed companies in Canada have consistently over-promised and under-delivered for investors at earnings time, a big reason previously fattened valuations have been on a severe diet. The next major test for the tortured set of names begins Monday......»»

Drake wants to trademark the Canadian warning label for weed in the U.S., according to a filing with the Patent and Trademark Office, but he may be in for a fight with his native country......»»

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......»»

Barbara Corbellini Duarte/ Business Insider Cannabis producer CannTrust.....»»