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Many cannabis-sector stocks are trading down Friday. But Aurora Cannabis (NASDAQ: ACB) is leading the way after it plunged as much as 41%. As of 12:24 p.m. ET, Aurora shares were still down 38.8%. At the same time, Tilray (NASDAQ: TLRY) shares were down 3.6%, and Hexo ...
Canadian licensed producers are struggling in Friday trading following Aurora Cannabis' (NASDAQ:ACB) $150M bought deal financing and Canopy Growth Corp's (NASDAQ:CGC) quarterly results. The worse of the bunch (after Aurora, down ~37%) is Canopy Growth (CGC) which is off 13%. Ho...
Canadian marijuana stocks haven't exactly been the belle of the ball with investors in recent months. But the dance was much different on Thursday, as statistics from the industry grabbed investors' attention and didn't let go. As a result, the leading north-of-the-border pot companies ...
Canopy Growth (NASDAQ:CGC) led a selloff among cannabis players on Tuesday after Canaccord Genuity slashed its price target by as much as ~40% ahead Canadian Licensed Producer’s 4Q earnings for fiscal 2022 scheduled for Friday. Maintaining the Sell rating on the stock, the analyst Matt...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although the year has been kind to cannabis companies , HEXO (NASDAQ: HEXO ) stock has remained a pariah. Shares of the cannabis producer are down 60% in the year thus far. And the bleeding is not going to stop if th...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As I warned in April, Hexo’s ( HEXO ) bump-up in price didn’t last. In fact, it’s seen yet another high double-digit decline since then. Down a total of 95.7% over the past twelve month, don&...
Millennial investors have been tasked with navigating an increasingly turbulent stock market in 2022. Canadian stocks suffered sharp losses to start the spring season. However, the last few trading sessions have seen the TSX stage an impressive rebound. Today, I want to look at three grow...
Best Marijuana Stocks For Momentum In May Are marijuana stocks on your radar after mixed earnings from Canadian cannabis stocks? To close last week’s trading the cannabis sector began to experience some upward momentum, especially with Canadian pot stocks . In 2022 most c...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Welcome back and get ready for another busy week of trading as we start it off with the biggest pre-market stock movers for Monday! Source: f11photo/Shutterstock.com A couple major deals, earnings reports, and more ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hexo (NASDAQ: HEXO ) is on its knees. It is bleeding cash in a manner that could eat through all of its cash balance. Since announcing a “ strategic alliance ” deal on March 3 with a much larger cannabis...
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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...