SMG Stock Continues to Hit New Highs on Solid Earnings
SMG stock continues to hit new highs after Scotts Miracle-Gro (NYSE:SMG) announced its financial results for the fourth quarter on Wednesday. The earnings proved to be a positive trigger for the company’s stock as Scotts ... [Read]
MedMen Stock Jumps 10% After Resignation of Adam Bierman, CEO
MedMen stock is trading higher this morning after MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) announced that the company's CEO Adam Bierman would step down on February 1. Key Details On Friday morning, the current Chief Executive Officer ... [Read]
SNDL Stock Tumbles 30% as Multiple Executives Leave Sundial Growers
Departures in the upper echelons of a company’s management almost always have an effect on a company’s stock price, and that is what happened this morning with Sundial Growers (NASDAQ:SNDL), SNDL stock dropping fast because ... [Read]
Charlotte’s Web Stock Bouncing Back: Things to Know Before Investing
It would not be a complete surprise if many investors decided to avoid cannabis stocks due to the events of 2019. However, it is important to point out that even when a sector underperforms, there ... [Read]
IIPR Stock Extends Rally on New Sale-Leaseback Deal
IIPR stock continues to move higher on Wednesday after Innovative Industrial Properties Inc (NYSE:IIPR) announced on Tuesday that it has entered into another sale-leaseback deal with cannabis company Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF). IIP is ... [Read]
Zenabis Stock Continues to Hit New Lows on Negative News Flow
Many cannabis stocks may have recovered over the past few weeks, but the same cannot be said about Zenabis Global (TSX:ZENA) (OTCPK:ZBISF). Over the course of the past year, Zenabis stock has been one of ... [Read]
CannTrust Stock Recovers From Lows: How to React Now
CannTrust stock has been showing an early sign of bottoming out as the stock has gained almost 20% since the beginning of the new year. Let's analyze the key developments from CannTrust Holdings (TSX:TRST) (NYSE:CTST). ... [Read]
HEXO Stock Tumbles to a New Low on MKM’s Downgrade
After having gone through a harrowing time for much of 2019, many cannabis stocks have managed to turn a corner in 2020 so far. However, HEXO Corp (TSX:HEXO) (NYSE:HEXO) has had a bit of a ... [Read]
CRON Stock Continues to Fall on Key Uncertainty Moving Forward
Over the past months, even some of the biggest companies in the cannabis industry have not been left untouched by the slowdown in the sector. Cronos Group (TSX:CRON) (NASDAQ:CRON) is one of the biggest companies ... [Read]
Auxly Stock Regains Momentum: Key Developments to Watch
Most cannabis stocks were pounded throughout the course of 2019 due to adverse situations with the industry, but in the new year, many stocks have managed to rebound, and one of those is Auxly Cannabis ... [Read]