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Can These Leading Marijuana Stocks Continue to Make Headway in Today’s Cannabis Industry? With the second half of 2020 in full swing, the cannabis industry has changed dramatically this year. Although 2020 looked like it would be positive for pot stocks , the coronavirus pan...
With $1.1 billion in cash and cash equivalents on hand, Cronos Group (NASDAQ: CRON) has the resources and stability that many cannabis companies envy. It also has a partner in tobacco company Altria Group , which has owned a 45% stake in the cannabis producer since 2018. Altria's $1.8 ...
There hasn't been much good news for either Cronos Group (NASDAQ: CRON) or Tilray (NASDAQ: TLRY) so far this year. Both companies hoped that the Canadian cannabis retail environment would improve in 2020, but then the COVID-19 pandemic hit. Tilray has been by far the big...
For years, there wasn't a hotter industry on Wall Street than marijuana. Reminiscent of the dot-com boom of late 1990s and early 2000s, a blindfolded investor could throw a dart and have chosen a winner. Promises of expanded capacity, international exports, and acquisitions often proved more tha...
Could These Two Pot Stocks See Bulls This Month? Cannabis stocks have seen a massive amount of growth in the past few years. The expectation of state-level legalization in the U.S. generates an overall positive momentum in the marijuana space. Not to forget that Canada is going to become the...
On its face, Canadian cannabis play Cronos ( CRON ) looks like an obvious sell. The company is coming off a quarter in which it posted organic revenue growth of just 1% year-over-year. Gross margin, even adjusted for inventory write-downs, too came in at just 1% — and negative 6% in the...
Will These Two Popular Pot Stocks See Bulls This Month? Bullish sentiment is all around in the cannabis industry . Although things have changed a lot in the past few months, the basics of investing in marijuana stocks are relatively the same. First, we have to identify where there could be va...
For years, cannabis stocks were the greatest thing since sliced bread on Wall Street. The expectation of ongoing state-level legalization in the U.S., coupled with Canada becoming the first industrialized country in the modern era to give marijuana the green light, was forecast to send pot stock...
You might not be surprised one bit that many Robinhood investors like pot stocks. After all, the trading platform especially appeals to millennials. And millennials support marijuana legalization in higher numbers than any other generation. But which pot stocks do Robinhood investors like...
Since the beginning of the year, the marijuana sector has underperformed dramatically. The effects of COVID-19, oversupply in Canada, and falling consumer spending are all leading investors to get out of weed stocks en masse , with little regard for long-term outlook. However, the market ha...
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A recent study highlights that more than 20% of patients visiting orthopedic surgeons for chronic musculoskeletal (MSK) pain have turned to marijuana for relief . Among these individuals, nearly two-thirds found marijuana to be somewhat effective, and more than 90% reported at least slight effec...
TORONTO, July 25, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) will hold its 2024 second quarter earnings conference call on Thursday, August 8, 2024 at 8:30 a.m. ET. Cronos’ senior management team will discus...