CGC Stock Rebounds: Canopy Growth Gets Extraction License
After a dismal week, CGC stock is recovering a bit this morning after Canopy Growth (TSX:WEED) (NYSE:CGC) won a license from Health Canada for KeyLeaf Life Sciences facility in Saskatoon, Saskatchewan. Canopy Growth License Despite ... [Read]
CTST Stock Falls: Ontario Cannabis Store Returns Pot Worth $2.90 Million
CTST stock fell over 5% in early session on Monday after CannTrust Holdings (TSX:TRST) (NYSE:CTST) said that the Ontario government's cannabis retailer has decided to return all of the company’s products. More Bad News The ... [Read]
HEXO Stock is Down 45% in 4 Months: Are You Nervous?
HEXO stock is one of the biggest losers in the cannabis industry due to the broader weakness in the sector. Let's review the recent developments from HEXO Corp (TSX:HEXO) (NYSE:HEXO). Broader Weakness Cannabis stocks have ... [Read]
CBWTF Stock Gains 3% Following Quarterly Results
CBWTF stock is gaining momentum this morning after Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) reported second-quarter earnings. Earnings Details The cannabis boom of 2018 propelled many companies into the limelight, and even the smaller operators managed ... [Read]
FLWR Stock Rebounds: The Flowr Reports Q2 Profitability
FLWR stock is bouncing back this morning after The Flowr Corporation (TSXV:FLWR) (OTCPK:FLWPF) reported a profit in the second quarter. Higher Production The past few months have not been that great for cannabis stocks, but ... [Read]
Harvest Health Stock Falls Following Q2 Results: What Next?
Harvest Health stock is taking a hit this morning after Harvest Health & Recreation Inc (CSE:HARV) (OTCQX:HRVSF) announced a $20.6 million net loss for the second quarter. Q2 Results After having gone through an extremely ... [Read]
CGC Stock Tumbles 8% on Higher Than Expected Quarterly Losses
CGC stock is leading the cannabis sector sharply lower in Thursday's session after Canopy Growth (TSX:WEED) (NYSE:CGC) reported a higher loss for the first quarter. Canopy Growth has reported its first-quarter results for fiscal 2020, ... [Read]
Tilray Stock Nosedives 13% on Increased Quarterly Loss
Tilray stock is having one of the worst trading sessions in 2019 as Tilray (NASDAQ:TLRY) reported a worse-than-estimated loss for the second quarter. Revenue Soars The marijuana industry has had a tough few months leading ... [Read]
Charlotte’s Web Stock is Under Pressure as Q2 Earnings Disappoint
Charlotte’s Web stock is volatile in Wednesday's session after Charlotte's Web Holdings (TSX:CWEB) (OTCQX:CWBHF) reported a lower than estimated revenue and profit for the second quarter. Revenue Soars 45%, But Below Estimates One of the ... [Read]
VFF Stock Rockets 10% on Solid Quarterly Earnings
VFF stock is leading the broader cannabis sector higher after Village Farms International (TSX:VFF) (NASDAQ:VFF) turns profitable in the fiscal second quarter. Pure Sunfarms Supports Revenue Growth Although the last few months have not been ... [Read]