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Marijuana companies are popular for one obvious reason: The market for marijuana is one the quickest growing markets in the world, sporting a compound annual growth rate (CAGR) of 28.02% between 2020 and 2025. In recent years, popular Canadian pot companies have started to capitalize on the...
It's the first earnings report for Aurora (ACB) since Miguel Martin was named as the new CEO on September 8. For 2020 FQ4, the company lost $1.9B; for all of fiscal 2020, the company lost $3.3B.Fiscal 2021 Q1 guidance sees net revenue of $60M-$64M vs. $67.5M in the just-reported 2020 FQ4. Adj...
FinancialBuzz.com News Commentary New York, NY (9/22/2020) – Legalization of cannabis products on a federal level remains the goal for the cannabis industry. Currently, there are various forms of cannabis prohibition enforced in 39 states. As a result of regulatory inconsistencie...
With the Fed aiming to keep rates near zero for at least the next few years, income seekers will need to venture out on the risk spectrum for higher yields. One pretty unconventional sector that could help fill the income gap is marijuana. The fund's largest underlying components ...
It's been a tumultuous year for the stock market, with the broad-based S&P 500 losing more than a third of its value in under five weeks, and gaining it all back in less than five months. Both the steepness of the bear market decline and the swiftness of the rebound are all-time records ....
Robinhood investors are known to be a bit more risk-taking than an average investor. The platform appeals to millennials, and its commission-free trading service entices people to invest even small amounts of money easily. When there's less money at stake, it can be easier to take on risks. Some...
TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today announced that on September 15, 2020, the Company was recognized by the Toronto Stock Exchange as the third top-performing company on ...
TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Executive Chairman, will speak at the CIBC 19th Annual...
For the past couple of months, there's a good chance that all you've been hearing about is how the work-from-home economy is going to be the place to invest moving forward. Everything from cloud computing to cybersecurity is expected to be a surefire winner. However, Wall Street and investors m...
Investing in 2020 should really come with a set of instructions. We've watched the benchmark S&P 500 get throttled to the tune of a 34% loss in less than five weeks, then subsequently regain everything back in under five months. In a six-month stretch, Wall Street has crammed in about a de...
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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...