HEXO Stock Continues to Hit New Lows as Board Member Resigns
HEXO stock continues to move lower on Monday after HEXO Corp (TSX:HEXO) (NYSE:HEXO) said a member of its board of directors, Nathalie Bourque, has resigned from the board. Management Reshuffling Continues The recent days have ... [Read]
Is Illinois’s Legal Marijuana Sales Debut a Sign of What’s to Come in 2020?
The state of Illinois brought in US$39.2 million in adult-use recreational marijuana sales, or US$3.07 per capita, making it the second-highest sales per capita during its first full month. The Prairie State was only trumped ... [Read]
CGC Stock in Focus Ahead of Q3 Earnings Next Week
When one of the biggest cannabis stocks in the world announces its quarterly earnings, there is inevitably going to be a lot of focus on the event, and that is what could be expected from ... [Read]
Curaleaf Stock Down Despite Receipt of Third Massachusetts License
Curaleaf stock is in the red on Friday despite Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) announcing that it had received final license approval to open an adult-use retail dispensary in Ware, Massachusetts. Retail Expansion The Massachusetts-based firm ... [Read]
TGOD Stock Hovers Around New Lows Despite Key Developments
The struggles of 2019 seem to be a thing of the past for many cannabis stocks, but one stock that still seems to be struggling is TGOD stock, which hit its 52-week low recently. Considering ... [Read]
Aurora Stock Tanks on CEO Departure and Major Layoffs
Aurora stock is tanking today after Aurora Cannabis (TSX:ACB) (NYSE:ACB) announced that it would lay off up to 500 staff members and the departure of its longtime CEO Terry Booth. Double Figure Drop in Aurora ... [Read]
Canopy Rivers Files Early Warning Report in Connection with James E. Wagner Cultivation Investment
This Post Was Syndicated Under License Via QuoteMedia Canada NewsWire TORONTO, Feb. 7, 2020 TORONTO, Feb. 7, 2020 /CNW/ - Canopy Rivers Inc. ("CRI") (TSX: RIV, OTC: CNPOF), a venture capital firm specializing in cannabis, ... [Read]
Zenabis Stock Pops After Delivering Largest Ever Harvest
Zenabis stock is soaring today after Zenabis Global (TSX:ZENA) (OTCPK:ZBISF) announced that December saw the company's largest-ever harvest. Best Ever Harvest In its monthly operations update for December, Zenabis said that it had harvested a ... [Read]
Cresco Labs Stock Recovers After Announcing Closing of Credit Facility
Cresco Labs stock is on the up and up today after dropping earlier in the week following an announcement that the company had closed US$100 million credit facility. Financing Terms Cresco Labs (CSE:CL) (OTCQX:CRLBF) announced ... [Read]
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]