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Shares of Tilray (NASDAQ: TLRY) rose 119.1% in January, according to data provided by S&P Global Market Intelligence , on a slew of good tidings that began the month prior and continued on into the new year. It seemed it was just a month of back-to-back-to-back good news...
Palm Beach, FL –February 5, 2021 – It seems as if every report on the future growth of revenues in the legal cannabis markets, recreational & medical, predict continued substantial growth through the next several years. Growing acceptance and adoption of legal marijuana...
Do You Have These Top Cannabis Stocks On Your Watchlist? Cannabis stocks have been on a roll in the stock market this week. This is thanks to an announcement from U.S. Senate Majority Leader Chuck Schumer on Monday. Schumer and two other Democratic senators announced plans to pu...
The S&P/TSX Composite Index was up 125 points in early afternoon trading on February 4. North American indexes have bounced back nicely after a volatile final week of January. The week was dominated by the GameStop craze. Today, I want to zero-in on some of the most shorted st...
Cannabis Stocks Heating Up In February Top marijuana stocks are a hot sector to begin in February with some reaching new highs in the market. With the growth of the cannabis industry both medicinally and for recreational use, pot stocks are gaining value. Currently, leaders in the U...
Aphria's stock is trending up this week in a continuation of the bullish conditions of the market over cannabis. Alphria and Tilray recently announced a merger and it has caused both stocks to gain momentum. The conversation rate of the stock for the merger is available and a stra...
Wednesday brought a lull for the stock market, as Wall Street consolidated its gains following extremely strong gains on Monday and Tuesday. As of just before noon EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 38 points to 30,649. The S&P 500 (SNPINDEX: ...
The expanding addressable market amid increased legalization and Democrats taking over the control of both Senate and House in the U.S. appear to have brought much-needed relief to the cannabis sector. Since the beginning of November, the industry benchmark ETFMG Alternative Harvest ETF ...
The big news in the marijuana sector recently was the deal that will see Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) merge to form a single, multi-faceted cannabis company. In this video from Motley Fool Live from Dec. 22, longtime Fool contributor Eric Volkman a...
The broader market started 2021 on a mixed note. The S&P/TSX Composite Index ended January with a 0.6% minor loss. While many stocks from industries like metal and mining, airline, and professional services fell sharply, some technology and cannabis stocks staged a sharp rally last ...
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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...