Global cannabis company TerrAscend (CSE: TER) (OTCQX: TRSSF) this morning announced that it has made modifications to its leadership team in coordination with the company’s focus on its rapidly scaling U.S. retail, manufacturing, and distribution operations. Michael Nashat has stepped down as CEO but will continue to serve as a member of the Board of Directors and act as a…
Many are still up for grabs, as investors would rather pay a high price for companies that are steadily growing their cash flows than pay for ones having temporary problems with theirs. Today, let’s look at why brave investors can benefit from going long on shares of AMC Entertainment Holdings (NYSE: AMC), Bausch Health (NYSE: BHC), and Aurora Cannabis (NYSE: ACB). Theater chain AMC Entertainment…
A focus on criminal justice expedited Virginia’s path to becoming the 16th state to legalize marijuana. It could help the case at the national level. READ MORE: https://finance.yahoo.com/news/why-virginia-legalizing-marijuana-could-shift-the-federal-discussion-203719031.html?.tsrc=rss
NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of The Supreme Cannabis Company, Inc. (Other OTC: SPRWF) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Canopy Growth Corporation (NASDAQ: CGC).…
Canopy Growth Corporation (“Canopy”) (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Supreme”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) under which Canopy will acquire all of Supreme Cannabis’ issued and outstanding common shares (the “Supreme Cannabis Shares”) in a…
Several cannabis stocks slid lower on Wednesday. Shares of Aphria (NASDAQ: APHA) were down 6.4% as of 3:19 p.m. Tilray (NASDAQ: TLRY) stock was falling 6.7%. Charlotte’s Web Holdings (OTC: CWBHF) shares were tumbling 6.4%. READ MORE: https://finance.yahoo.com/m/23e7d0cf-e547-3e00-9abf-4fd88dc4e90f/why-cannabis-stocks-aphria%2C.html?.tsrc=rss
Yahoo Finance’s Alexis Keenan, Kristin Myers, and Alexis Christoforous discuss projected cannabis market within New Jersey and New York. READ MORE: https://finance.yahoo.com/video/york-competing-jersey-marijuana-dollars-194818507.html?.tsrc=rss
On April 7th, Roth is hosting a Virtual Cannabis Day designed to provide access to the top U.S. and global public and private cannabis operators, including the leading MSOs. The team is scheduling 1-on-1/small group meetings for institutional investors to meet with leading health and wellness companies. In addition, the day will be highlighted by a panel on Cannabis Brands…
With Aphria leading the pack, these are the 10 biggest Canadian marijuana companies by 12-month trailing revenue. READ MORE: https://finance.yahoo.com/m/083cc111-d03b-3387-aae7-8845e3633141/10-biggest-canadian-marijuana.html?.tsrc=rss
WhiteCloud tripling their current flower production canopy to address increased product demand in growing Nevada market BURLINGTON, Mass., April 05, 2021 (GLOBE NEWSWIRE) — Agrify Corporation (NasdaqCM:AGFY) (“Agrify” or the “Company”), a developer of highly advanced and proprietary precision hardware and software cultivation solutions for the indoor agriculture marketplace, today announced it has received a $3.5 million purchase order from LNP, LLC,…
The public markets have sometimes been good for cannabis companies, sometimes not so much. A look at trailing twelve month performance of two leading industry ETFs, an easy way to examine industry performance, indicates that now is one of the more favorable times. The AdvisorShares Pure US Cannabis ETF (NYSE Arca: MSOS) has climbed 7,000% over the last 12 months,…
The cannabis industry is highly competitive, and quite a few businesses simply aren’t in great shape. The bulk of Sundial Growers’ gains since the year began are the result of the Reddit frenzy. Without (pardon the pun) getting too far into the weeds, retail investors on Reddit’s WallStreetBets chat room have essentially banded together to buy shares and out-of-the-money call…