HEXO plans to report its Q4 earnings before the market opens on October 24. October has been tough for Hexo, with its stock falling 31.2% as of October 18. READ MORE: https://finance.yahoo.com/m/2a7f26d0-1bf0-3dc9-8032-d7da6553b9d7/hexo:-what-can-you-expect.html?.tsrc=rss
We discuss Aurora Cannabis’s price target cut as well as recent options trades—and what ACB investors can expect from the stock this week. READ MORE: https://finance.yahoo.com/m/9dc2efcb-262d-3aad-867e-a732f7d92d23/aurora-cannabis-stock:-what.html?.tsrc=rss
The positive signs from the US-China trade talks appear to have driven the US equity market higher. The cannabis sector is also trading in the green. READ MORE: https://finance.yahoo.com/m/c18866f5-ed2f-3cb8-b980-734cc9632080/cannabis-roundup:-hexo%2C-cura%2C.html?.tsrc=rss
The cannabis industry’s woes refuse to die down. Cash-rich companies Aurora Cannabis, Canopy Growth, Aphria, and Cronos Group are also suffering. READ MORE: https://finance.yahoo.com/m/9d821a23-3250-390d-b346-d12489393957/cannabis-update:-cowen-cuts.html?.tsrc=rss
In the lightning round on Mad Money last week, Jim Cramer said that Canopy Growth needs a packaged goods CEO to make the stock price go up. READ MORE: https://finance.yahoo.com/m/636edef8-de5e-3d38-b544-46afa6624cde/jim-cramer:-canopy-growth.html?.tsrc=rss
NORWOOD, Mass., Oct. 21, 2019 (GLOBE NEWSWIRE) — MariMed Inc. (OTCQX: MRMD) today announced that the Illinois Department of Financial and Professional Regulation has approved the transfer of ownership of its two cannabis-licensed clients, KPG Anna and KPG Harrisburg. The completion of these previously announced transactions will allow MariMed to report the operational results of these businesses in their consolidated…
VANCOUVER , Oct. 21, 2019 /CNW/ – THC BioMed Intl Ltd. (“THC” or the “Company”) (THC.CN) announces that it has purchased, through its subsidiary THC BioMed Ltd., an additional strata lot in the industrial complex in Kelowna it currently occupies. THC previously announced the purchase of additional strata units in the same building in July, April, March and January of this year and in December, October, and June of 2018. THC purchased…
The Day reported that New York, New Jersey, Connecticut, and Pennsylvania’s governors met and agreed on basic guidelines for legalizing marijuana. READ MORE: https://finance.yahoo.com/m/484af21b-089b-339e-ae56-cb2483492e46/cannabis-legalization:-four.html?.tsrc=rss
Canadian cannabis company Canopy Growth Corp. said MOnday it has become the exclusive supplier of medical cannabis to Luxembourg in a deal that extends through Dec. 31, 2021. Luxembourg launched a medical cannabis program by decriminalizing it for patients with severe unmet needs in 2018. The Duchy is also expected to fully legalize the production and consumption of recreational cannabis…
CALGARY , Oct. 21, 2019 /CNW/ – High Tide Inc. (“High Tide” or the “Company”) (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced over $797,000 in systemwide gross sales from the 26 branded Canna Cabana and KushBar retail cannabis stores from Thursday, October…
Using recent actions and grades from TheStreet’s Quant Ratings and layering on technical analysis of the charts of those stocks, Trifecta Stocks identifies five names each Friday that look bearish. While we will not be weighing in with fundamental analysis we hope this piece will give investors interested in stocks on the way down a good starting point to do…
On the markets front, Cronos Group Inc (NASDAQ: CRON) posted gains of up to 40% on Wednesday’s after-hours session. Aphria Inc (TSX: APHA) (NYSE: APHA) went on a rally after reporting net first-quarter revenue of CA$126.1 million ($95.3 million), up 849% year-over-year, on revenue for adult-use cannabis of CA$20million, up 8% quarter-over-quarter. The company posted positive adjusted EBITDA of CA$1…