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If marijuana is indeed a fast-growing space, how come none of the major cannabis stocks are winning investments in 2021? While industry experts project global sales to reach $33.6 billion by 2025, the presumed growth stocks face many challenges. The market across the border is huge, alt...
One of the worst-performing companies on the TSX, Canadian cannabis giant HEXO (TSX:HEXO) (NASDAQ:HEXO) has lost close to 98% in market cap in the last 30 months. HEXO stock touched a record high of $42 in April 2019 and is currently trading at $1.02 per share, at the time o...
Marijuana investors were treated to rare a bifurcated day on Wednesday -- one of those infrequent days in which cannabis stocks didn't just all move up or down en masse, but in which there were both winners and losers. As of 11:05 a.m. ET, small-cap Sundial Growers (NASDAQ...
Canopy Growth (CGC +8.9%) shares are shaking oof losses from yesterday following a downgrade to neutral from Piper Sandler. Other Canadian cannabis licensed producers are also up today, including Aurora Cannabis (ACB +3.9%), Cronos Group (CRON +3.4%), and HEXO (HEXO +5.2%). Check out why Seek...
Cannabis stocks that wilted on Monday are glowing a healthy shade of green Tuesday morning, with Sundial Growers (NASDAQ: SNDL) rising 5.2%, Canopy Growth (NASDAQ: CGC) up 6.3%, and Hexo (NASDAQ: HEXO) leading the pack higher with a 7% gain. And you can t...
General market weakness is hitting many sectors today, especially higher-risk holdings. Cannabis stocks certainly qualify as high-risk, and Canadian names Tilray (NASDAQ: TLRY) , Hexo (NASDAQ: HEXO) , and OrganiGram Holdings (NASDAQ: OGI) are all in the red in Monday...
Best Canadian Cannabis Stocks To Close 2021 Are you looking for top marijuana stocks to watch for 2022? In December most of the best cannabis stocks to invest in have declined to the lowest price points seen this year. As we head into 2022 the cannabis sector has sustained declines ...
Aurora Cannabis Inc. and HEXO Corp. are Canadian cannabis companies that benefited from the legalization status in 2018. However, both have not achieved EBITDA profitability amongst the intense competition. ACB seeks to be a global leader in medical cannabis products to different...
Shares of Canadian cannabis company Hexo (NASDAQ: HEXO) ( TSX:HEXO ) dropped 11.8% this week, according to data from S&P Global Market Intelligence . The stock, which closed at $0.9531 last Friday, fell to as low as $0.78 a share on Wednesday, its lowest point in two yea...
Canadian cannabis companies have had a tough week on the heels of Hexo 's (NASDAQ: HEXO) quarterly financial report. But after the shares of Hexo and peer Sundial Growers (NASDAQ: SNDL) rebounded earlier today, they, along with American counterparts Curaleaf Holdings ...
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2023-06-25 11:06:26 ET Steps To Finding Top Marijuana Stocks To Buy Investing in marijuana stocks can offer a number of benefits even in a volatile market. Here are a few potential upsides to consider: High Growth Potential : The marijuana industry is still in its early stag...
2023-06-23 14:30:07 ET The Cannabis Industry 2023 The Highs And Lows Over the past few years, the cannabis industry has experienced tremendous growth. Much of which is showing no signs of slowing down anytime soon. The industry has grown from being a niche market to a multi-billion ...
HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“ HEXO ” or the “ Company ”) announced today the closing of the second of two tranches of the non-brokered private placement of Series 1 Preferred Shares (the “ Private Placement ”) previously announced on...