Aurora Stock Tanks on Reports of 10% Lay-Offs to Improve Profitability
Aurora stock is taking a hit on Thursday on reports that Aurora Cannabis (TSX:ACB) (NYSE:ACB) might reduce its workforce by as much as 10%. Aurora Cannabis is one of the biggest cannabis companies, but like ... [Read]
HEXO Stock Falls 15% This Year on Increased Uncertainty
2020 has been a kinder year for many cannabis stocks, rebounding after the struggle of last year. However, HEXO stock remains a notable exception, declining by as much as 15% this year so far and ... [Read]
Rivers Rundown: Canopy Rivers’ CEO Added to NCIA Board, Portfolio Companies Grow North American Footprint
This Post Was Syndicated Under License Via QuoteMedia Canopy Rivers provides update on High Beauty, TerrAscend, Canapar, and JWC TORONTO, Feb. 6, 2020 /PRNewswire/ - Canopy Rivers Inc. ("Canopy Rivers") (TSX: RIV, OTC: CNPOF), a ... [Read]
3 Canadian Pot Stocks Eyeing the Next Big Market: Germany
The discussion on the legal status of cannabis is one that has been thrown back and forth for decades but has only really started to become a credible debate in recent years. In 2013, Uruguay ... [Read]
Charlotte’s Web Stock Drops After Announcing Executive Changes
Charlotte's Web stock is in the red this week after Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) announced several changes to its executive team as well as the resignation of its Chief Operating Officer. New Positions Charlotte’s ... [Read]
TLRY Stock Falls After Announcing 10% Lay-Off to Reduce Costs
TLRY stock is falling this morning after Tilray (NASDAQ:TLRY) said that it is laying off about 10% of its workforce to reduce costs. Effort to Become Profitable Many cannabis stocks may have rebounded in 2020, ... [Read]
MedMen Stock Fails to Halt Slide After CEO Departs
MedMen stock is continuing to drop this week despite announcing the departure of controversial CEO Adam Bierman on Friday amid a cash crunch crisis at MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF). Early Gains in MedMen Stock Short-Lived ... [Read]
KERN Stock Jumps After Announcing Deal with PAX Labs
KERN stock is gaining momentum after Akerna Corp (NASDAQ:KERN) announced an agreement with PAX Labs. Major Details Akerna, which is involved in providing regulatory compliance solutions to the global cannabis industry, made a major announcement ... [Read]
TerrAscend and Canopy Rivers Amend Terms of Loan to Comply with TSX Policies
This Post Was Syndicated Under License Via QuoteMedia Canada NewsWire TORONTO, Feb. 5, 2020 TORONTO, Feb. 5, 2020 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend" or the "Company"), the first global cannabis company ... [Read]
Tilray Stock Gains on Receipt of EU GMP Certification
Tilray stock is in the green today after the company announced that it had received a Good Manufacturing Practice (GMP) certification from the EU for its manufacturing facility in Cantanhede, Portugal. Tilray Stock Pops on Portuguese ... [Read]