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Consumer Watch: Cannabis companies say they are growing enough pot, they just can’t deliver it

Organigram on Monday joined a chorus of companies saying their challenge in supplying the Canadian cannabis market is not growing massive amounts of marijuana, but transforming the plant into a product that’s ready for sale......»»

Category: topSource: marketwatchApr 15th, 2019

Consumer Watch: Marijuana-delivery service Eaze scales back $1 billion ambitions, documents show

The cannabis-delivery company that once said it planned to deliver $1 billion worth of cannabis in 2020 is now heading for a much smaller target: less than $500 million......»»

Category: topSource: marketwatchJul 17th, 2019

Consumer Watch: Where Aurora sees cannabis opportunity beyond selling buds in Canada

As recreational marijuana moves beyond buds and countries besides Canada mull legalization, cannabis companies have a lot of potential roads to travel as they seek to grow......»»

Category: topSource: marketwatchMay 15th, 2019

Cannabis Watch: Failed marijuana experiment slams Organigram earnings

Organigram Holdings Inc. said Monday that growing marijuana cost it nearly 50% more in cash and harmed its earnings last quarter because the cannabis company tried — and failed — to develop a more efficient growing technique......»»

Category: topSource: marketwatchJul 15th, 2019

Earnings: 3 Fast-Growing Companies to Watch

Many com.....»»

Category: futuresSource: nasdaqJul 14th, 2019

Cannabis Watch: Illegally grown CannTrust pot was exported and sold in Denmark

A day after revelations that Health Canada had seized unlicensed cannabis CannTrust Holdings Inc. was growing in Ontario, a Danish company said Tuesday it sold some of that illegal pot to its patients......»»

Category: topSource: marketwatchJul 9th, 2019

Cannabis Watch: Cannabis stocks dragged down by CannTrust’s losses after cannabis seizure

Cannabis stocks fell across the board Tuesday, led by CannTrust Holdings Inc. in a continued response to the news that the Canadian regulator has seized its cannabis after finding it was growing in unlicensed rooms......»»

Category: topSource: marketwatchJul 9th, 2019

Cannabis Watch: CannTrust shares tumble after Canadian regulator seizes cannabis

U.S.-listed shares of CannTrust Holdings Inc. tumbled 19% toward a new low for the year on Monday, after the Canadian cannabis company said regulators had seized its cannabis after finding it was growing product in unlicensed rooms......»»

Category: topSource: marketwatchJul 8th, 2019

Consumer Watch: How short sellers went after this one, bloodied cannabis stock

To look at Cannabis One Holdings Inc. is to view a bloodied stock chart squashed by investors who took a sumo-wrestler like short position aiming break the company......»»

Category: topSource: marketwatchJun 28th, 2019

Cannabis Watch: Cannabis stocks higher as Canopy shareholders meet, CannTrust unveils California venture

Cannabis stocks were mostly higher Wednesday, as investors awaited the results of shareholder votes on Canopy Growth Corp.’s proposal to acquire Acreage Holdings Inc. with the companies hosting separate meetings that kick off at 10 a.m......»»

Category: topSource: marketwatchJun 19th, 2019

Cannabis Watch: Marijuana stocks slip; analyst calls send Cronos soaring, weigh on Tilray

Shares of cannabis companies traded mostly lower Wednesday, pulling back from a big run up the previous session that snapped a long losing streak, while Cronos Group’s stock soared on the back of a bullish analyst call......»»

Category: topSource: marketwatchJun 5th, 2019

GrowFl: 5 First Coast companies to watch

Several companies from Northeast Florida topped GrowFL’s 2019 Florida Companies to Watch list. GrowFl, an organization that supports second-stage growth companies, chose from 224 growing second-stage participants from throughout Florida.  The honore.....»»

Category: topSource: bizjournalsJun 5th, 2019

Business is booming for these South Florida cannabis companies

Florida's industrial hemp growing law, effective July 1, is expected to boost.....»»

Category: topSource: bizjournalsJun 5th, 2019

Cannabis Watch: This company wants to be the Bacardi of cannabis — and it has plans for an IPO

Vertical Companies is building a portfolio of cannabis brands and has plans to list its Vertical Wellness unit in the third quarter......»»

Category: topSource: marketwatchMay 24th, 2019

Cannabis Watch: Canopy Growth stock climbs on news of UK skin care deal, Hexo names consumer exec COO

Cannabis stocks were mostly higher Wednesday, as investors digested the latest deal in the sector, Canopy Growth Corp.’s acquisition of a U.K. skin care company......»»

Category: topSource: marketwatchMay 22nd, 2019

Cannabis Watch: Push for legislation allowing banks to serve the cannabis business is gaining momentum

The push for legislation that would allow banks do business with cannabis companies without the risk of federal enforcement action is gaining momentum and credit unions are playing a key role......»»

Category: topSource: marketwatchMay 20th, 2019

Cannabis Watch: Where Aurora sees cannabis opportunity beyond selling buds in Canada

As recreational marijuana moves beyond buds and countries besides Canada mull legalization, cannabis companies have a lot of potential roads to travel as they seek to grow......»»

Category: topSource: marketwatchMay 16th, 2019

Cannabis Watch: Aurora Cannabis reverses early losses, but Tilray turns lower in afternoon trade

Aurora Cannabis Inc. shares reversed their early losses to move higher in afternoon trade Wednesday, as investors shrugged off the company’s fiscal third-quarter results that showed losses growing at a faster-than-expected clip......»»

Category: topSource: marketwatchMay 15th, 2019

Cannabis Watch: Aurora Cannabis weighs on sector after wider-than-expected losses

Aurora Cannabis Inc. shares weighed on the broader cannabis sector Wednesday, after the company’s fiscal third-quarter results showed losses growing at a faster-than-expected clip......»»

Category: topSource: marketwatchMay 15th, 2019

Cannabis Watch: Tilray CEO says marijuana companies lied about how much pot they could grow

Tilray Inc. Chief Executive Brendan Kennedy said late Tuesday that the cannabis producer would be much larger if weed growers in Canada hadn’t lied about how much pot they could actually grow......»»

Category: topSource: marketwatchMay 14th, 2019

Cannabis Watch: Aurora Cannabis losses growing faster than expected, shares fall

Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»

Category: topSource: marketwatchMay 14th, 2019