Aphria Stock, Other Pot Names Hit Hard on Analyst Comments
It didn't take much for a basket of cannabis stocks to lose between 5% and 9% in Friday trading. The magic word was "supply." As in, not enough. At least ...Read Full Story »
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How Does CannTrust Stock Become a Buy Again?
Ontario-based cannabis cultivator CannTrust Holdings Inc. (NYSE: CTST) stopped selling its cannabis products last July following the Canadian government's suspension of the company's license for illegally growing thousands of pounds ...Read Full Story »
Visiting the Library Is Twice as Popular as Going to the Movies
The two most common leisure time, cultural activities in America are going to the library and going to the movies. On average, American adults visit a library 10.5 times a ...Read Full Story »
Will Focus on Pharma Lift Aphria Stock?
Ontario-based Aphria Inc. (NYSE: APHA) ran into a brick wall named Health Canada in 2019. The government agency did not issue a license for the company's massive new 1.3-million square ...Read Full Story »
Why 2020 May Be the Year for Organigram Stock
It's a little awkward talking about cannabis companies after a horrible, bad, not-very-good year like 2019. The industry's largest exchange-traded fund, the ETFMG Alternative Harvest ETF (NYSEARCA: MJ), ended the ...Read Full Story »
Will Hexo’s Direct Offering Help Push the Stock Higher?
Hexo Corp. (NYSE: HEXO) shares slid on Friday after the Canadian cannabis firm announced that it is conducting a direct offering of $20 million worth of shares. The effort is ...Read Full Story »
Can Tilray Stock Make a Comeback?
When Canadian cannabis grower Tilray Inc. (NASDAQ: TLRY) came public in the United States in July of 2018, the company's initial public offering priced at $17 a share, above the ...Read Full Story »
Organigram Stock High on Results and on Expected Products Coming in 2020
Organigram Holdings Inc. (NASDAQ: OGI) was one of the top stock market gainers on Wednesday after the cannabis and cannabis-derived products seller posted earnings. Many pot stocks have tried to ...Read Full Story »
Cannabis Companies Scare Off Short Sellers
Cannabis stocks had a huge showing on Wall Street last year. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of the ...Read Full Story »
Has Verizon Just Fired the Shot Heard ‘Round the Pay-TV Industry?
For a new pricing plan that Verizon Communications Inc. (NYSE: VZ) claims will put "an end to traditional [cable and satellite] bundle" contracts, "Mix & Match on Fios" seems like ...Read Full Story »
Disney Makes Case for Being Legitimate Death Star in US Box Office
Walt Disney Co. (NYSE: DIS) topped the weekend box office for the second straight time, notching a cool $72 million in North American ticket sales. The $72 million box office ...Read Full Story »
Is This a Buying Opportunity for Cannabis ETFs Going Into 2020?
With evolving societal and regulatory landscapes, the upside potential of cannabis as a new investment strategy has emerged to complement the historically resilient characteristics of alcohol and tobacco. Cannabis stocks ...Read Full Story »
Short Sellers Yield on Cannabis Stocks
Cannabis stocks had a huge showing on Wall Street last year. In fact, most of the news flow surrounding these stocks had investors pouring money into them. Some of the ...Read Full Story »
Carnival Sails Away With Q4 Earnings
When Carnival Corp. (NYSE: CCL) reported its most recent quarterly results after the markets closed on Thursday, the cruise line operator said that it had $0.62 in earnings per share ...Read Full Story »
Did Disney Miss Hundreds of Millions of Dollars in Baby Yoda Merchandise Sales?
Walt Disney Co. (NYSE: DIS) has done so well under CEO Bob Iger and his team. By purchasing Marvel and Star Wars, the company effectively broadened its entertainment base to ...Read Full Story »
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