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How Canopy Growth’s Sales in Canada Surprised Investors

Canadian marijuana grower Canopy Growth posted third-quarter revenues that were more than 600% higher than in the third quarter last year. The difference is due to booming sales of recreational........»»

Category: blogSource: 247wallstFeb 15th, 2019

Cannabis Watch: Canopy Growth extends gains, but analyst highlights issue that was overlooked in earnings

Canopy Growth Corp.’s U.S.-listed shares rose Monday, extending gains made Friday after the Canadian cannabis company surprised investors with better-than-expected earnings......»»

Category: topSource: marketwatchFeb 18th, 2020

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......»»

Category: topSource: marketwatchFeb 14th, 2020

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......»»

Category: topSource: marketwatchFeb 14th, 2020

Amazon sales forecast, slower cloud growth disappoint investors

Shares of Amazon.com Inc were down 3% on Friday, as investors were let down by a lower-than-expected sales outlook and surprised by slower revenue growth at its lucrative AWS cloud business......»»

Category: topSource: reutersOct 25th, 2019

Amazon sales forecast, slower AWS growth disappoint investors

Shares of Amazon.com Inc fell nearly 6% in early trading on Friday, as investors were let down by a lower-than-expected sales outlook and surprised by slower revenue growth at its lucrative AWS cloud business......»»

Category: topSource: reutersOct 25th, 2019

Cannabis Watch: Cannabis stocks slammed as Canopy earnings disappoint

Cannabis stocks fell on Friday, led by Canopy Growth Corp., after the biggest company in the sector measured by market cap reported an unexpected decline in recreational pot sales in Canada in the fourth quarter from the previous one......»»

Category: topSource: marketwatchJun 22nd, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales since launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales from launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Why Canopy Growth Reported Such Huge Q2 Losses

Canada-based marijuana grower and supplier Canopy Growth reported a much larger than expected net loss. Now that Canada's recreational use law has become effective the company's sales have jumped......»»

Category: blogSource: 247wallstNov 14th, 2018

Cannabis Earnings Roundup: Record Sales, But Concerns Remain

The four largest cannabis companies in Canada -- Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NYSE: CGC), Tilray Inc (NASDAQ: TLRY) and Cronos Group Inc (NASDAQ: CRON) -- have all recently reported .....»»

Category: earningsSource: benzingaNov 14th, 2018

Canopy"s New York hemp foray could attract U.S. investors

An industrial hemp processing company based in Canada is planning a facility in New York's Southern Tier. Sen. Charles Schumer says the facility planned by Canopy Growth is expected to create... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 15th, 2019

Cannabis Watch: Canopy Growth shows surging pot sales in late-arriving earnings report

The largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening......»»

Category: topSource: marketwatchFeb 15th, 2019

Massachusetts Cannabis Sales Soar Past $6B Record, Canada Sees Steady 1.7% Year-Over-Year Growth

Explore how Massachusetts hits a $6B cannabis sales record and Canada's market sees a steady 1.7% growth. Read more on regional sales trends. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Jeff Reeves"s Strength in Numbers: Should you buy Alphabet stock now? A total of 98% of analysts consider it a ‘buy’

Investors love Alphabet's wide profit margins, fast sales growth and big free cash flow......»»

Category: topSource: marketwatchMay 21st, 2021

Peloton Analysts Bullish After Earnings Beat: "Recalls Not As Bad As Feared"

Peloton Interactive Inc (NASDAQ: PTON) shares rebounded by 2.6% on Friday after the company reported impressive fiscal third-quarter sales growth and assured investors it’s working quickly to resolve safety issues with its treadmills. Latest Rating.....»»

Category: blogSource: benzingaMay 7th, 2021

MarketWatch First Take: Apple’s Mac is back with record sales — but how long can that last?

Apple Inc. reported an extraordinary second quarter on Wednesday, with record results in every product category, including the biggest growth seen by the Mac and iPad in years. But investors are wondering how long it will last......»»

Category: topSource: marketwatchApr 28th, 2021

Tilray And Canopy Growth Need A Trend Change: Could SAFE Act Save Them?

4/20 celebrations come during a seasonally bearish time for cannabis-related stocks. Bulls can still find bullish setups and over-sold bounces, however, and long-term investors can find good entries at the bottom of trends. read more.....»»

Category: blogSource: benzingaApr 20th, 2021

: Strategist: Don’t be surprised to see double-digit retail sales growth

March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager......»»

Category: topSource: marketwatchApr 14th, 2021

Markets are at risk of an acceleration of growth and inflation that the Fed and economists are "totally unprepared" for, Bank of America says

Economic growth could boom past 7% and investors may be facing a risk that the Fed and economists are setting their sights on inflation and expansion too low, says Bank of America. Inflation and retail sales data are on deck this week. Creative .....»»

Category: dealsSource: nytApr 12th, 2021

Ex-Googler’s Dallas company quadrupled sales last year, and is set for more growth

The company has raised a total of $22.5 million. Notable investors include Perot Jain, Hall Group, Softbank and Mark Cuban......»»

Category: topSource: bizjournalsMar 21st, 2021