Cannabis Penny Stocks to Watch: Elixinol and WeedMD
Penny stocks can be a polarizing subject in the world of investment. Some investors jump at the chance of finding the next stock that might flip huge gains, while others just don't have the appetite ... [Read]
Cresco Stock Sinks Following Acquisition of Tryke Companies
Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) has today announced the $282.5 million USD acquisition of Tryke Companies, causing Cresco stock to drop 8.3%. Investors in Cresco Stock Not Feeling Bullish Tryke Companies, a medical marijuana firm based ... [Read]
Aleafia Stock in a Rut? Here’s What’s Been Happening
Since Canada legalized cannabis last October, pot stocks have been in for quite the ride. Scandals have dragged down some of the biggest and most promising names in the industry, such as CannTrust (TSX:TRST) (NYSE:CTST) ... [Read]
TGOD Stock Drops Despite High Demand Following Ontario Launch
TGOD stock has dropped despite The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) announcing high demand for its product following its Ontario launch. TGOD Stock Unaffected By Strong Sales The company began shipping its high THC strain, Unite Organic, ... [Read]
VGW Stock Slides Despite New Partnership and Teasing Record Revenue
Valens GroWorks Corp (TSXV:VGW) (OTCQX:VGWCF) has announced a new partnership with Iconic Brewing, but VGW stock is down 4%. Valens GroWorks, a Kelowna-based industry leader in cannabis extraction services, has today announced a five-year deal ... [Read]
Aurora Stock Tumbles as Q4 Results Miss Guidance
Aurora Cannabis Inc (TSX:ACB) (NYSE:ACB) posted weaker than expected quarterly results yesterday, causing Aurora stock to drop over 8%. Aurora Stock Hampered By Walk Back on Profitability The world's second-largest pot company reported $98.9 million ... [Read]
Cannabis Extraction: What is It and Why Should You Invest?
The legalization of cannabis last October has led to a huge surge in secondary markets arising from the process of producing cannabis for specific uses. While everyone is focused on the major players in the ... [Read]
Can Namaste Stock Recover to Meet Its “Amazon of Cannabis” Label?
Once described as the "Amazon of cannabis," Namaste Technologies (TSXV:N) (OTCQB:NXTTF) has yet to meet the hype, with Namaste stock now at just $0.37. From a 12-month peak of $2.89 last September, Namaste stock has tanked ... [Read]
Curaleaf Stock Climbs Amid Reports It is Top Lobbying Spender
Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) is reportedly the top spender on federal cannabis lobbying, but will it help Curaleaf stock? Cannabis Lobbying Hits $2 Million USD The US cannabis industry as a whole has spent a ... [Read]
Auxly Stock Drops Despite Receiving Licenses to Sell Cannabis Oil
Auxly Cannabis Group Inc. (TSXV:XLY) (OTCQX:CBWTF) has announced the receipt of key cannabis oil sales licenses, but Auxly stock has dropped nearly 4%. The licenses apply to two of Auxly's wholly-owned subsidiaries, Dosecann and Kolab, ... [Read]