Valens Stock Jumps After Securing DTC Eligibility for VLNCF
Valens stock is gaining momentum after The Valens Company (TSXV:VLNS) (OTCQX:VLNCF) received eligibility to become a Depository Trust Company. Key Details Cannabis stocks endured a torrid year in 2019 due to a range of sector-wide ... [Read]
Auxly Stock Gains Momentum on Value Buying: What’s Next?
Auxly stock has gained momentum over the past week as the broader cannabis sector recovered on value buying. Let's analyze the recent developments from Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF). It is now a well-established fact ... [Read]
HEXO Stock Jumps 50% in a Week on Broader Recovery in the Sector
Throughout the majority of 2019, many cannabis stocks had a disappointing time due to sector-wide issues, but things have started to look up a bit over the past few weeks. One of the stocks that ... [Read]
Zenabis Stock Falls: Partial Conversion of Secured Convertible Notes
Zenabis stock is trading lower this morning after Zenabis Global (TSX:ZENA) (OTCPK:ZBISF) announced the early conversion of certain convertible notes. Key Impacts The troubles of the past year or so in the cannabis sector have ... [Read]
TLRY Stock Gains Momentum, Soars 50% This Week
The cannabis sector had a pretty hard time for much of 2019 due to a range of structural issues, but the New Year has been kinder so far for many of the well-known cannabis stocks. ... [Read]
Organigram Stock Rallies 35% on Robust Sales Growth Boost
Organigram stock is on the cusp of breaking out after Organigram Holdings (TSX:OGI) (NASDAQ:OGI) reported impressive first-quarter financial results. Organigram stock rallied by more than 25% in early trading on Wednesday, as investors reacted to ... [Read]
Curaleaf Stock Rallies After Getting Processing License in Utah
Curaleaf stock is trading higher on Tuesday after Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) received preliminary approval for a processing license by the Utah Department of Agriculture and Food. Major Development Over the past few years, Curaleaf ... [Read]
Aphria Stock Tumbles 5% on Lower-than-Estimated Q2 Revenue
Aphria stock is leading the cannabis sector lower after Aphria Inc (TSX:APHA) (NYSE:APHA) reported lower-than-estimated Q2 revenue. 2019 was a singularly difficult year for the cannabis industry, and most of the companies in the sector ... [Read]
GWPH Stock Gains After Issuing Preliminary Sales Update
GWPH stock is gaining momentum on Monday after GW Pharmaceuticals (NASDAQ:GWPH) announced its preliminary unaudited product sales report for the fourth quarter. Reports $108 Million in Revenue The cannabis sector may have been in a ... [Read]
Namaste Stock Rockets 15% as Choklat Wins Health Canada License
Namaste stock is one of the biggest gainers in the cannabis sector after Namaste Technologies (TSXV:N) (OTCQB:NXTTF) announced that Choklat Inc has received a processing license from Health Canada to produce a line of chocolate ... [Read]