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Last year was expected to be when marijuana stocks proved their worth to Wall Street. Unfortunately, that's not what happened, and investors suffered through the worst year on record for cannabis stocks . To our north, regulatory-based supply problems have wreaked havoc and allowed the black m...
Welcome to our Weekly Cannabis Report, a reliable source for investors to receive the latest developments and analysis in the cannabis sector. Trading Summary Cannabis stocks rose last week. The Horizons Marijuana Life Sciences Index ETF ( HMLSF ) gained 2.5%, the ETFMG Alternative Harvest...
Last week was a study in contrasts for publicly traded marijuana stocks. Two 300-pound gorillas of the industry, Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) , both reported their latest quarterly results. Although the pair's bottom lines bettered analyst estimates, there was...
Canopy Growth Corporation (NYSE: CGC) reported better-than-expected fiscal 2020 third-quarter results last Friday. In turn, the market bid the pot titan's stock up by a healthy 13.4% on extremely heavy volume. Heading into Canopy's latest quarterly earnings, however, Wall Street'...
The big day investors had been eagerly waiting for has come and gone. On Thursday, Feb. 13, before the opening bell, the most popular pot stock in the world, Aurora Cannabis (NYSE: ACB) , lifted the hood on its fiscal second-quarter operating results. It was no secret before the release ...
No matter which industry you operate in, there will always be winners and losers. This is true of the cannabis space as well. For several months, it was thought that the winners in that space were the Canadian bigwigs. That was the case, until the floor fell out. Low pricing, spurred on by ove...
Aurora Cannabis ( ACB ) and its investors are not having a good time right now. In its latest press release , covering financial results for the second quarter of its 2020 fiscal year, the company made clear just how tough the market in Canada is. While the firm is very much a global busine...
I've tended to lump Aurora Cannabis (NYSE: ACB) and Canopy Growth (NYSE: CGC) together as the top-tier players in the Canadian cannabis industry. And to some extent, that grouping was right. Both Aurora and Canopy lead the industry in production capacity. They both claim the highest mark...
When a company releases its earnings report, two main items are typically the focus for analysts and investors -- revenue and earnings. While those are important numbers to keep an eye on, they may not be the most important, especially in the cannabis industry. Revenue growth is important, but ...
This is expected to be another history-making year for the rapidly growing global cannabis industry. In 2018, we witnessed Canada become the first industrialized country in the modern era to greenlight recreational marijuana. This was followed in 2019 by Illinois becoming the first U.S. state ...
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Over the last several years, Europe has become more open-minded about medical and recreational marijuana. Here are some of the latest cannabis deve...
2024-05-12 12:05:00 ET Thus far, 2024 has been an exceptional year for Aurora Cannabis (NASDAQ: ACB) stock. Up more than 40%, it's been generating some impressive returns for investors. And recent developments involving rescheduling marijuana in the U.S. has gotten investors even ...