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2024-05-26 09:08:09 ET Summary Ascend Wellness reported solid Q1 financials, exceeding revenue and adjusted EBITDA expectations. Analysts have increased their outlook for Ascend's revenue and adjusted EBITDA growth in 2024 and 2025. The stock has experienced a significant decl...
2024-05-22 07:25:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis stocks to buy are rallying after the U.S. Department of Justice proposed reclassifying marijuana as a less risky Schedule III drug. Following the DOJ’s proposal...
2024-05-21 14:30:00 ET Summary Are some cannabis companies massaging earnings results, using metrics like cash flow from operations and free cash flow to present a positive financial picture? Jerry Derevyanny and Julian Lin on why investors should be cautious and look deeper into ...
2024-05-20 12:48:13 ET Summary AdvisorShares Pure US Cannabis ETF invests in the cannabis industry through direct investments and derivatives. The top holdings of the ETF include Green Thumb Industries, Curaleaf Holdings, Trulieve Cannabis, and Verano Holdings. The industry st...
2024-05-19 07:39:39 ET Summary Curaleaf is up 38% in 2024. The near-term financials are unexciting, and the analysts are cutting estimates for the future. Curaleaf's balance sheet is loaded with debt and has a terrible current ratio. Investors can find better cannabis stoc...
2024-05-16 20:58:06 ET Summary President Biden and the DOJ have officially announced the rescheduling of cannabis to Schedule III, sparking increased activity in cannabis stocks. The MJUS ETF focuses on US-based cannabis firms and has a high concentration in top operators. Res...
2024-05-16 15:40:00 ET Summary Alex Carchidi is bullish on the cannabis sector but not ready to invest in stocks, except for Innovative Industrial Properties. 2 cannabis stocks worth considering are Green Thumb Industries and Trulieve Cannabis. Why he avoids MSOS and considers...
2024-05-16 13:22:25 ET More on Canopy Growth, AdvisorShares Pure US Cannabis ETF, etc. Canopy Growth Stock: Expect A Crash After The High MSOS: Best Play On U.S. Cannabis Regulations Canopy Growth Set For U.S. Cannabis Markets Tilray to issue 13.1M shares in ...
2024-05-14 08:30:00 ET Summary Verano CEO George Archos and CIO Aaron Miles are optimistic about the cannabis industry and excited about the potential in Florida, Ohio, and Pennsylvania. Looking at state-level changes; preparing for federal regulation to improve. Transparency ...
2024-05-12 18:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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2024-05-12 18:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...