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Cannabis stocks are surging this morning as the Reddit forum WallStreetBets turns it attention to the sector.One WSB user wrote that Tilray (TLRY) and Aphria (APHA), which are up 80% and 61%, respectively, in the past 5 days, still have more room to run, Reuters reported.Canopy Growth (CGC) s...
Cronos Group (NASDAQ: CRON) has been one of the safer pot stocks to invest in, if for no other reason than it is backed by tobacco giant Altria , which owns a 45% stake in the business. But beyond that, Cronos hasn't given investors much reason to buy in. With relatively low sal...
Canopy Growth has become a bellwether for the cannabis sector since 2017 and the investments from Constellation Brands. Canopy still trades below its all-time highs reached in 2019 while U.S. cannabis stocks have been hitting new all-time highs. Canopy shares will continue to fluc...
Global X - the reputed exchange-traded fund brand marketed by Mirae Asset Management - has launched an all-in thematic cannabis play. Increasingly popular, particularly under a weed-friendly Democratic administration, the sector is looking towards a revival following a period of wides...
Marijuana stocks are up in premarket trading on the heels of Tilray (TLRY) signing a pact to distribute medical cannabis products in U.K. and Canopy Growth's (CGC) fiscal Q3 revenue beat.Related names: Aurora Cannabis (ACB) +5.4%, Hexo (HEXO) +4.8%, Aphria (APHA) +12.8%, Cronos...
Aphria (APHA) announces that Chief Strategy Officer, Denise Faltischek, will also assume the role of Managing Director of Aphria Germany, effective January 23, 2021.She will report to Irwin D. Simon, Aphria's Chairman and CEO. Ms. Faltischek joined Aphria in September 2019 with exte...
Shares of Cronos Group (NASDAQ: CRON) rose 49.3% in January, according to data provided by S&P Global Market Intelligence , as investors looked to the U.S. Senate runoff elections in Georgia that kicked off the new year, hoping the outcome would signal a better chance for ma...
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...
2 Marijuana Stocks May See An Increase In Trading As More Momentum Enters The Market Right now marijuana stocks are finding newfound momentum due to the potential of federal cannabis reform and more states looking to go legal. This move will allow for more MSO companies to come in a...
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: ...
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TORONTO, July 22, 2024 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”) announces that at its Annual Meeting of Shareholders (the “Meeting”) reconvened July 19, 2024, approximately 98.6% of shareholders voting i...