TGOD Stock Hits New Low: Any Way Back for the Troubled Pot Stock?
TGOD stock sunk to a new low of $0.41 this week amidst persisting headwinds in the Canadian cannabis space—is there any hope of redemption for the troubled Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF)? Cash and Liquidity ... [Read]
Tilray Stock Sinks as Analyst Gives $0 Price Target
Tilray stock is tanking today after analysts at GLJ Research offered a $0 price target for Tilray Inc (NASDAQ:TLRY) following the company's disappointing fourth-quarter results, posted earlier this week. Earnings Disappointment For the fourth-quarter, Tilray ... [Read]
RIV Stock Drops Despite JV Receiving Milestone Licensing Amendment
RIV stock is in the red this week despite Canopy Rivers (TSX:RIV) (OTCPK:CNPOF) announcing that its joint venture with PharmHouse Inc has received a license amendment from Health Canada, which allows it to cultivate throughout ... [Read]
Charlotte’s Web Stock Down Despite Delivering 10% Harvest Increase
Charlotte's Web stock is down this week despite the CBD firm announcing the figures for its 2019 harvest, which saw an increase in yield per acre, total dried biomass, and CBD potency. Strong Harvest Yield ... [Read]
Why Pot Stock Investors Should Consider Cannabis ETFs
The rise of legal cannabis and the shift from the black market to the legitimate industry has led to the creation of many new cannabis exchange-traded funds (ETFs). An ETF is an investment fund traded ... [Read]
Cronos Stock Pops on Renewed Optimism After Delayed Earnings
Cronos stock is soaring today after analysts at MKM Partners upgraded Cronos Group (TSX:CRON) (NASDAQ:CRON) from 'neutral' to 'buy', despite the company delaying the release of its earnings report last week. Earnings Delay Cronos Group ... [Read]
Organigram Stock Gains on New Leadership Appointments
Organigram stock is making gains today after Organigram Holdings (TSX:OGI) (NASDAQ:OGI) announced two new appointments to the positions of Chief Strategy Officer and Chief Financial Officer. The Moncton-based pot producer said in a March 4 ... [Read]
CGC Stock Drops Despite Agreeing to Israeli Medical Deal
CGC stock is in the red today despite an announcement that Canopy Growth (TSX:WEED) (NYSE:CGC) had entered into a memorandum of understanding with Israeli firm Univo Pharmaceuticals for the sale, production, and marketing of medical ... [Read]
Aphria Stock Could Gain Momentum on Soaring German Demand
After a disastrous 2019, which saw Aphria stock fall by more than half, soaring demand in the German market could be a catalyst for growth for the troubled pot stock. Earnings Disappointment It's been over ... [Read]
Tilray Stock Drops as Analysts Predict Widening Loss: Earnings Released
Tilray stock is in the red today as the company prepares to post its fourth-quarter earnings after hours on March 2, with analysts expecting to see a sizeable rise in revenue despite a widening loss. ... [Read]