HEXO Stock Future Dependent on Upcoming First Quarter Earnings
The past months have been an increasingly difficult period for most cannabis companies, and there are hardly any cannabis firms that have been able to insulate themselves from the troubles. HEXO Corp (TSX:HEXO) (NYSE:HEXO) has ... [Read]
Cresco Stock Jumps Again on $50 Million Funding
Cresco stock continues to gain for the sixth straight session after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced that it has raised $50 million in a sale-and-leaseback deal of its Lincoln, Illinois facility with GreenAcreage Real ... [Read]
Auxly Stock Trades Near 52-Week Low: Key Factors to Note
Auxly stock continues to trade near 52-week low after Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) recently reported a higher quarterly loss and lower revenue. Let's analyze the recent developments. Disappointing Earnings 2019 has proven to be ... [Read]
CannTrust Stock Jumps Despite NYSE’s Notice for Non-Compliance
CannTrust stock is trading higher this morning despite CannTrust Holdings (TSX:TRST) (NYSE:CTST) being notified by the New York Stock Exchange that it's no longer in compliance with the NYSE’s listing standard. Key Details As 2019 ... [Read]
MedMen Stock Lost Significant Value This Year: What to Do Now?
The situation with the cannabis industry has been pretty tough for much of the year so far, and many of the most promising stocks have come down from their record highs. One of the biggest ... [Read]
IIPR Stock Jumps on Impressive Dividend Announcement
IIPR stock is gaining momentum on Tuesday after Innovative Industrial Properties Inc (NYSE:IIPR) declared $1.00 per share quarterly dividend. Solid Boost The cannabis industry has been through a prolonged slowdown, and many companies within the ... [Read]
Aurora Stock Fails to Sustain at Higher Level: Should You Be Nervous?
2019 has been a tough year for the cannabis industry, but it has been particularly tough for Aurora stock, which is one of the biggest players in the sector. While it is true that many ... [Read]
Cresco Stock Soars After First Harvest from Illinois Cultivation Facility
Cresco stock continues to move higher for the second straight session after Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) announced the completion of its first harvest from its expanded cultivation facility in Lincoln, IL. Moving in Right ... [Read]
CGC Stock Soars: Company Names Constellation’s CFO as New CEO
CGC stock is leading the broader cannabis sector higher this morning after Canopy Growth (TSX:WEED) (NYSE:CGC) said that Constellation Brands' (NYSE:STZ) CFO David Klein will take over leadership of the company as of January 14. ... [Read]
HARV Stock Soars on Proposed Offering of Senior Secured Notes
HARV stock is gaining momentum in Friday's trading session after Harvest Health and Recreation Inc (CSE:HARV) (OTCQX:HRVSF) said that it will be conducting financing in the form of secured notes. Key Details Due to the ... [Read]