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Since President Joe Biden won the White House and voters in five states passed marijuana reforms in November, optimism about the future of the U.S. cannabis industry has been growing. The Horizons Marijuana Life Sciences ETF is up by around 100% since Nov. 3 -- and that's even aft...
Shares of cannabis growers jumped Monday after another U.S. state voted for legalization over the weekend. As of 11:45 a.m. EST, shares of several traded higher: Aphria (NASDAQ: APHA) , up 6.7%; Canopy Growth (NASDAQ: CGC) , up 6.6%; and Continue reading ...
Merger activity increased last week. Six multi-billion-dollar deals announced. SPAC frenzy hits a new record. For further details see: Merger Arbitrage Mondays: SPAC IPOs Set A New Record
End-to-end value cannabis stocks operating in Canada are flying high, but a retracement to near fair value is imminent. The cannabis industry is changing due to vertical integration being scrapped and an influx of competitors. Equity values of key players are well below the curren...
With 1 in 3 Americans now living in a state where adult pot use is legal, Virginia is no longer sitting on the sidelines. Over the weekend, local lawmakers narrowly approved compromise legislation that would make it the first state in the south to allow recreational marijuana. The bill now go...
In the cannabis space this week, retailer Fire & Flower Holdings (TSX: FAF ,OTCQX:FFLWF) told investors it will be entering the US market through a novel strategic action. Meanwhile, two longstanding cannabis partners ended their relationship. Keep reading to find ou...
The market is still overvalued, in many investors’ opinions. That includes Warren Buffett, who has been selling off stakes in major companies to pick up value. Even if you don’t have much cash on hand, by making small but regular investments, you can pick up valuable stock...
Cannabis stocks have been on a tear in 2021, all since the election south of the border. With the United States seeing several new states legalize recreational cannabis use, there was even more excitement when Joe Biden became President. His administration announced before the election it w...
Canopy Growth (CGC), HEXO (HEXO), and Aphria (APHA) have joined Cronos (CRON) in a pre-market drag among pot stocks after the latter’s Q4 2020 earnings failed to surpass consensus estimates.Notable pre-market losers in the cannabis space include Canopy Growth, Aphria and Hexo, with ...
Delta, Kelowna, BC - February 24, 2021 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's podcast edition of cannabis news and stocks to watch plus in...
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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...