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3 Penny Stocks to Watch With the Cannabis Legalization Bill In the past few years, we’ve seen the influence of marijuana legislation on penny stocks continue to climb. And with a potential floor vote for federal cannabis legalization occurring in the next few days, many penny s...
Cannabis stocks led by Sundial Growers (NASDAQ:SNDL +20.2%) and Tilray (NASDAQ:TLRY +15.7%) turned higher on the news that the U.S. House of Representatives prepares to vote on the federal legalization of marijuana for the second time in history next week. The House will consider the Marijuan...
These 3 Marijuana Stocks Could Close The Week In The Green In recent trading marijuana stocks have started to see a bit of an upswing in trading. Now this time last year marijuana stocks were hit with a significant drop in the market. This decline mostly stemmed from the failure to ...
Cannabis Stocks For Your Q2 2022 Watchlist Are you looking for marijuana stocks to buy in 2022 ? Since the beginning of the year, the cannabis sector has established new lows in the first quarter. One major factor that has been causing this downtrend in cannabis stocks is the delays...
HEXO Corp. (NASDAQ:HEXO -3.3%) is trading lower in the morning hours on Monday after Cantor Fitzgerald reiterated the Neutral rating and lowered its price target on the Canadian licensed producer, citing two major uncertainties. The stock could generate “meaningful” gains if the...
Neptune Wellness changed business strategies last year, and the results are now apparent. Neptune reported high revenue, showing a 456% increase YoY and a lower net loss. NEPT stock price has been on a downtrend and recently hit its 52-week low. NEPT's lower price brings a mor...
Shares of struggling Canadian cannabis grower Hexo (NASDAQ: HEXO) plunged after the company reported its earnings results from the fiscal second quarter of 2022 today. After an initial drop of nearly 10% early Friday morning, the stock staged a bit of a recovery. Shares remained dow...
HEXO Corp. (HEXO) Q2 2022 Results Conference Call March 18, 2022 08:30 AM ET Company Participants Scott Cooper - President and Chief Executive Officer Curtis Solsvig - Chief Financial Officer Val Malone - Chief Commercial Officer Conference Call Participants Aaron Grey - Alliance Global Partn...
HEXO Corp. (NASDAQ: HEXO) reported its financial results for the second fiscal quarter ended January 31, 2022. Hexo reported total net revenues increased 61% to $52.8 million. The company reported a total net loss of $690 million. The company wrote-down $616 million in impairments. ...
Canadian cannabis player, Hexo (NASDAQ:HEXO) is trading ~9% lower in the pre-market Friday after its Q2 financials for fiscal 2022 indicated rising operational losses driven by impairment charges. Quarterly revenue rose ~61% YoY to reach $52.8M as international sales growth rose mor...
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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...