Curaleaf Stock Sinks as Value of Billion Dollar Acquisition Slashed
Curaleaf stock is down 5% today after Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) announced that its all-stock acquisition of extraction firm Cura Partners Inc is being downsized from its original valuation of $1 billion USD amidst changing market ... [Read]
How Investors Can Capitalize on Europe’s Booming CBD Market
While Canada may be leading the field in terms of fully legal cannabis, Europe's CBD market is quietly setting out its stall for a huge future. Analysts at the Brightfield Group predict the CBD market ... [Read]
CGC Stock Makes Case for Big Gains in 2020 with Thirty New Products
CGC stock has had a rough year, there's no doubting that. Having ousted former CEO and industry pioneer Bruce Linton in July after majority shareholder Constellation Brands (NYSE:STZ) grew unhappy with widening losses, Canopy Growth (TSX:WEED) (NYSE:CGC) ... [Read]
Namaste Stock Well Placed After Solid Q3 Earnings
Namaste stock looks well placed to make some big gains in the cannabis 2.0 market after Namaste Technologies (TSXV:N) (OTCQB:NXTTF) reported solid third-quarter earnings. Solid Revenue Despite Discontinuations For the third quarter ended August 31, ... [Read]
Aphria Stock Trades Down as Vape Crisis Circles on Cannabis
Aphria stock is in the red today as the company's move into vaping coincides with the Centre for Disease Control and Prevention finding that THC, and not nicotine, is the prime culprit in the vaping ... [Read]
MedMen Stock Tanks as Net Loss Doubles in 2019
MedMen stock is tanking during Tuesday trading after MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) posted its fourth-quarter results, in which net loss more than doubled to $82.9 million USD. Net Loss Takes the Gloss off Gains Overall, ... [Read]
CannTrust Stock Drops as Director Resigns Amidst Licensing Suspension
CannTrust stock is trading down on Monday after John Kaden, a member of CannTrust Holdings' (TSX:TRST) (NYSE:CTST) board of directors, stepped down from his position as Director as the company remains embroiled in licensing issues. A ... [Read]
TGOD Stock Hits Year-Low Following Failed Facility Sale
TGOD stock is in the red today after reports that The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) attempted to sell its $100 million CAD unfinished Ancaster facility—but there were no takers. Failed Facility Sale The Financial ... [Read]
MedMen Stock Gains on Continued Florida Expansion
MedMen stock is up 5% on Friday after MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) announced the opening of two new locations in Florida, bringing its retail presence in the Sunshine State to seven. MedMen Betting Big on Florida ... [Read]
RIV Stock Gains on Receipt of New License and Strategic Partnership
RIV stock is in the green on Friday after Canopy Rivers (TSX:RIV) (OTCPK:CNPOF) announced that it had received approval from Health Canada to begin selling cannabis oil products, as well as unveiling a new partnership with cannabis brokerage ... [Read]