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Canopy Growth recently announced it was acquiring Supreme Cannabis, a promising turnaround story out of Canada. Supreme CEO Beena Goldenberg discusses why CGC was the most compelling suitor, strengthening Canadian position before turning to the US, Acreage and TerrAscend relationships...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips At times, marijuana stocks have the ability to be the best-performing stocks in the market. They can catch fire — no pun intended — on headlines or reports and scorch higher. During some of these runs, it ...
The S&P/TSX Composite Index was up 51 points in mid-afternoon trading on April 21. North American stocks had a rough start to the week. Regardless, broader markets have been on a tear since the beginning of the year. Better yet, Canadian saving rates have increased during the pandem...
As the trading week winds down, marijuana stocks are moving up once again. In the final 15 minutes of trading Friday, shares of Aurora Cannabis (NYSE: ACB) are up 4.2%, Hexo (NYSE: HEXO) is up 4%, and Aphria (NASDAQ: APHA) is hanging onto a 3.6% gain. There's...
Canopy agreed to acquire a small Canadian licensed producer Supreme for $435M at a 66% premium to market price. Canopy shares dipped 5% on the announcement likely because investors were caught off guard by the acquisition of another Canadian asset. Canopy has a poor track record i...
Investing In Marijuana Stocks In 2021 Are you looking for the best way to invest in top marijuana stocks ? For the past few months, the cannabis sector has experienced a downturn in the market. Quite frankly most leading cannabis stocks to buy are now trading near levels they had in...
One major cannabis analyst gave her top stock pick this week as industry attention continues to converge on the path ahead for the US market. Also this week, the CEO of Aphria (NASDAQ: APHA ,TSX:APHA) gave an update on a critical merger and spoke about who holds the edge in the ...
Investing in Canadian Marijuana Stocks In 2021 In 2021 top Canadian marijuana stocks have seen the most volatility in the market. After seeing upward momentum in January and February leading Canadian cannabis stocks have since suffered substantial losses in market value. As it stand...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Weed stocks have had a topsy-turvy 12 months. The election of President Joe Biden raised hopes of ending the federal prohibition of pot through a Congressional bill. However, in the months since the inauguration, it has bec...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After taking a deeper look into cannabis stocks, I quickly notice that stocks here emulate a classic “hype cycle.” But this isn’t necessarily a bad thing. And during my investigation into the space, Ti...
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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...