Cannabis Stocks Can Get a Major Revenue Boost with Cafes and Lounges
Despite nearly eight months of declining value, cannabis stocks have a lot to look forward to. For one thing, the long-awaited "Cannabis 2.0" is about to come into affect, which could start positively affecting revenues ... [Read]
Tilray Stock Drops as Workers Wait on Union Vote Result
Tilray stock is trading down slightly today after workers at the company's Nanaimo facility wait to see if they can join the United Food and Commercial Workers Union (UFCW). Skewed Votes The union is looking ... [Read]
Zenabis Stock Drops After Raising $20 Million in Rights Offering
Zenabis stock is trading down on Friday after Zenabis Gloabl (TSX:ZENA) (OTCPK:ZBISF) announced that it had successfully raised $20.8 million USD by way of a rights offering. High Demand for Rights Offering Zenabis Global first announced ... [Read]
CGC Stock Falls After Bearish Notes From MKM Partners
CGC stock is trading lower on Friday as MKM's analyst Bill Kirk said that Canopy Growth (TSX:WEED) (NYSE:CGC) will not be profitable on a per-share basis by fiscal 2022. The past few months have been ... [Read]
Auxly Stock Continues to Fall Following Q3 Earnings
Auxly stock continues to move lower this week after Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) reported disappointing third-quarter results last week. There was widespread hope that there would be some reprieve for the troubled cannabis sector ... [Read]
1933 Industries Reports Fourth Quarter and Annual Financial Results for Fiscal Year 2019
This Post Was Syndicated Under License Via QuoteMedia The Company reports revenues of $5.2M in Q4 and $18.1M for the year VANCOUVER, Nov. 28, 2019 /PRNewswire/ - 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE: ... [Read]
Aleafia Stock Gains as Company Launches Medical White Label Range
Aleafia stock is making gains today after Aleafia Health (TSX:ALEF) (OTCQX:ALEAF) announced that it had completed production of its first white-label run of medical cannabis oils, for distribution in Australia. Aleafia Stock Gains on Continued ... [Read]
CannTrust Stock Plummets as TSX Reviews Listing Eligibility
CannTrust stock is sinking yet again on Thursday after the Toronto Stock Exchange said it was reviewing the company's listing eligibility because of its failure to disclose financial statements dating back to 2018. CannTrust Woes ... [Read]
KSHB Stock Jumps on Analyst’s Optimism: Will It Sustain?
KSHB stock continued to gain momentum this week and soared on Wednesday after an analyst at Jefferies started coverage on KushCo Holdings (OTCQB:KSHB) with a Buy rating. Analyst Sets Aggressive Price Target The cannabis sector ... [Read]
Aurora Stock Extends Rally After Opening Flagship Retail Store
Aurora stock continues to move higher following a 4.50% climb in yesterday's session after Aurora Cannabis (TSX:ACB) (NYSE:ACB) opened its new flagship retail operation, named The Aurora Cannabis Store. Major Step The cannabis sector has ... [Read]