Zenabis Stock Gains Despite Declining Revenue in Q3
Zenabis stock is gaining today despite Zenabis Global (TSX:ZENA) (OTCPK:ZBISF) reporting dismal third-quarter results that saw revenue more than halve to $12 million CAD. Financial Results Zenabis Global reported cannabis sales of $7.1 million CAD, ... [Read]
TGOD Stock Down Despite Securing $103 Million in Funding
TGOD stock is down on Thursday despite The Green Organic Dutchman Holdings (TSX:TGOD) (OTCQX:TGODF) announcing that it had secured $103 million CAD in funding in order to continue its expansion strategy. Uncertainty Weighs on TGOD Stock ... [Read]
Charlotte’s Web Stock Drops as Q3 Earnings Fall Short
Charlotte's Web stock is sinking today after Charlotte's Web Holdings (TSX:CWEB) (OTCQX:CWBHF) posted its third-quarter earnings, which fell short of analysts' expectations as the market for CBD products becomes increasingly condensed. Charlotte's Web Stock Down on Disappointing ... [Read]
Aleafia Stock Sinks Despite Profitable Third Quarter
Aleafia stock is sinking on Wednesday despite Aleafia Health Inc (TSX:ALEF) (OTCQX:ALEAF) posting solid third-quarter results in which it returned a profit for the first time. Aleafia Shares Down 5% The Toronto-based company announced its Q3 ... [Read]
VGW Stock Down Following Cider Company Acquisition
VGW stock is sinking on Tuesday after Valens GroWorks Corp (TSXV:VGW) (OTCQX:VGWCF) announced that it had acquired beverage firm Pommies Cider Co in order to create a platform for cannabis-infused beverages. Valens Looks to Capitalise ... [Read]
Namaste Stock Gains on Expanded Supply Agreement
Namaste stock is in the green on Tuesday after Namaste Technologies (TSXV:N) (OTCQB:NXTTF) announced that it has signed two supply agreements with the provinces of Ontario and Saskatchewan for the resale of its cannabis products through ... [Read]
Why This One Cannabis REIT Stock is Soaring While Pot Stocks Sink
The dismissal performance of pot stocks in 2019 has been well documented. Slumping sales and soaring debt have nearly crippled the companies that rushed into the market and spent large amounts of capital in order ... [Read]
Aphria Stock Gaining: Is It Legalization 2.0’s Best Performer?
Aphria stock is in the green on Friday after hovering around a year-low in recent weeks. Are investors starting to believe that Aphria Inc (TSX:APHA) (NYSE:APHA) could be the best pot stock bargain ahead of the ... [Read]
CVSI Stock Down Over 20% Since Earnings Report
CVSI stock is down over 20% since CV Sciences Inc (OTCQB:CVSI) reported its third-quarter earnings, which fell short of analysts' expectations due to increased competition in the CBD market. CVSI Stock Squeezed by Competition The ... [Read]
CGC Stock in the Green as Drake Teams Up With Canopy
CGC stock is up on Thursday after Canopy Growth (TSX:WEED) (NYSE:CGC) announced a new joint venture with rap superstar Drake to launch More Life Growth Company, a licensed cannabis firm based in Drake’s home city Toronto. Potline ... [Read]