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With marijuana edibles and beverages becoming legal to sell in Canada this week, major pot producers and their beer-brewing backers are readying their lineup of CBD-infused drinks to hit store shelves. Canopy Growth (NYSE: CGC) , HEXO (NYSE: HEXO) , and Tilray (NASDAQ: TLRY) have all ...
After announcing a sales decline of 2% during its most recent earnings call, Molson Coors (NYSE: TAP) made a surprise announcement: It is changing its name from Molson Coors Brewing Co. to Molson Coors Beverage Co. This may seem like a minor change at first glance, but the underlying reaso...
Cowen analyst Vivien Azer notes 8-12th graders are shifting away from beer and cigarettes and toward pot and vaping. More news on: Constellation Brands, Inc., Brown-Forman Corporation, The Boston Beer Company, Inc., Consumer stocks news, Read more ...
The Key to Avoiding Obvious Mistakes Understanding how to value a business is the key to avoiding making obvious mistakes when purchasing or selling common stocks. When you know what your investment is worth, the market cannot take advantage of your gullibility. When you don’t know wh...
Forget the "summer of seltzer" -- 2019 is sure to be remembered as the year of seltzer for the beer industry. Things have gotten so bad that Molson Coors (NYSE: TAP) doesn't want to be called a brewer anymore and Boston Beer (NYSE: SAM) now makes more hard seltzer than it does beer. Bu...
I generally love beer, wine, and liquor stocks. If you follow my articles on my IMF portfolio here at Seeking Alpha , you'd know it's in fact one of my highest-conviction investment themes. I currently have more than 10% of my IMF portfolio in alcohol stocks including positions in: Diag...
Ian's Million Fund, "IMF," is a real-money portfolio that I've written about monthly since January 2016 here at Seeking Alpha. The portfolio is a largely buy-and-hold group of ~130 stocks. Each month, I buy 10-30 of the most compelling stocks available at then-current prices, deploying $1,000...
A Colorado-based cannabis house of brands company announced it obtained a US patent through its subsidiary. On Thursday (December 5), Dixie Brands (CSE: DIXI.U ,OTCQX:DXBRF) confirmed its subsidiary Aceso Wellness would obtain its patent from the United States Patent and Trademark Office f...
When I last spoke to Molson-Coors brewing company ( TAP ) things seemed to be going acceptably in the short/mid-term. The company seemed on its way up in terms of market value, and even saw returns to >12 times earnings valuations. That was before 3Q19 however. In this article we'll take ...
Barclays says it's taking a wait-and-see approach with Molson Coors ( TAP -0.2% ) due to the recent track record of disappointments. More news on: Molson Coors Brewing Company, Consumer stocks news, Stocks on the move, Read more ...
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Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the company’s 2024 Second Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time (6:30 a.m. Mountain Time) on Tuesday, August 6, 2024. The company will relea...
2024-06-18 06:16:00 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...