CannTrust Stock Up: Plans to Restore Lost Licenses, Appoints New CEO
CannTrust stock is showing signs of relief this morning after CannTrust Holdings (TSX:TRST) (NYSE:CTST) said that it intends to submit documents to regulators today, February 14, related to its Niagara, Ontario facility. Major Development Canadian ... [Read]
CGC Stock Witnesses Biggest One-Day Jump After Solid Q3 Earnings
Canopy Growth (TSX:WEED) (NYSE:CGC) is the biggest cannabis company in the industry, so there was a lot of anticipation about its quarterly results. The results proved to be encouraging, with Canopy beating expectations and CGC ... [Read]
Aurora Stock Recovers After Reporting Mixed Q2 Results
Over the past few months, Aurora Cannabis (TSX:ACB) (NYSE:ACB) has gone through a lot of trouble, and Aurora stock has been punished by the market as a result. The company’s fiscal second-quarter financial results confirmed ... [Read]
Auxly Stock Tanks 25% in a Month: What to Do Now?
Auxly stock has tanked by as much as 25% over the past month, which could be explained by a certain level of volatility that has emerged in the cannabis space over the past few weeks. ... [Read]
FIRE Stock Falls: Supreme Cannabis Reduces Workforce by 15%
FIRE stock is trading lower this morning after The Supreme Cannabis Company (TSX:FIRE) (OTCQX:SPRWF) said it would shed 15% of its staff in order to focus on “near-term revenue growth.” The past few days have ... [Read]
CannTrust Stock Resumes Downtrend After Last Month’s Jump
Over the past months, CannTrust Holdings (TSX:TRST) (NYSE:CTST) has gone through a lot of trouble, and Canntrust stock tanked by as much as 80% throughout 2019. However, January proved to be a source of some ... [Read]
Curaleaf Stock Continues to Outperform on Improving Fundamentals
After many cannabis stocks seemed to rebound in the New Year, the sector fell into a bit of chaos last week after many announcements of layoffs and departures of important executives. Many stocks tanked during ... [Read]
MedMen Stock Turns Volatile Since the Departure of Adam Bierman
It is quite clear that the past few months have not been particularly great for cannabis company MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF). While it is true that the cannabis sector went through a slump, the issues ... [Read]
Organigram Stock Consolidates After the Recent Recovery: What’s Next?
Organigram stock has been gaining momentum over the past month amid notable developments from Organigram Holdings (TSX:OGI) (NASDAQ:OGI). Key Analysis Many larger cannabis companies are struggling to make a profit. In such a situation, it ... [Read]
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]