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SweetWater will be available in 27 states with Western Expansion Eagle Rock Distributing Company of Colorado to Service 75% of Market with Tasty Brews 420 Extra Pale Ale, H.A.Z.Y. IPA, G13 IPA and High Light Lo-Cal Easy IPA Available Throughout the State Swee...
Aphria shares have gained 133% since the beginning of 2020 driven by better financial performance and two sound M&A deals. The last quarter was unsurprising with stable cannabis revenue and the SweetWater acquisition will be fully captured next quarter. Aphria shares are tradi...
2 Marijuana Stocks To Watch Before Friday Even though this week is short one trading day marijuana stocks are still pushing up in the market. Marijuana stocks to watch like Kushco Holdings Inc. ( OTC:KSHB ) saw a 16% gain on January 19th from its previous close. As well another ...
Shares of Aphria (NASDAQ: APHA) jumped 9.6% on Tuesday after an analyst lifted his price target for the popular cannabis stock. Stifel analyst W. Andrew Carter boosted his share-price forecast for Aphria from CA$9.80 ($7.67) to CA$15.50 ($12.17). His new target, however, is roug...
Aphria (NASDAQ: APHA) has become a favored marijuana stock lately, due to better-than-expected quarterly results and the looming merger with peer Tilray (NASDAQ: TLRY) . On Tuesday, a prominent analyst added to that positive sentiment with a significant price target raise. ...
Canopy Growth trades at C$16B market cap and 40x EV/Sales despite reporting only C$135M revenue and negative C$86M EBITDA last quarter. The company has no near-term path to break-even EBITDA and has already burned through $3.5B of the $5.0B cash from Constellation. The stock has a...
The cannabis stocks have been on upward momentum in the last couple of months, following Joe Biden’s victory in the presidential elections down south and legalization of cannabis in five more states in the U.S. Meanwhile, Aphria (TSX:APHA) (NASDAQ:APHA) reported a...
SPAC Action This Day: Pennies of risk and dollars of rewards. Profit from an up listing, new head, and broad mandate. But wait there’s more… A smokin’ pot arb spread. For further details see: Pot SPAC Getting High
Cannabis companies are starting to turn a profit and print positive EPS. Here are the few that are earning a profit. Many companies are close to turning a positive EPS. The industry itself is expected to expand some 100% in the next couple of years, and with economies of scale, th...
The cannabis sector is poised for great growth due to potential for more permissive regulations. US MSOs are better situated to gain from new regulations than their Canadian counterparts. An actively managed ETF play can be a good solution to avoid specific stocks in a turbulent s...
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Cannabis Industry Merger And Acquisitions In 2021 Many cannabis stocks have over the last several months been hit with a loss in trading momentum. This has led to many of the top cannabis stocks trading at lower prices. Yet so far in May pot stocks have been performing a bit more vo...