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]
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]
Auxly Stock Gains After Announcing Repayment Plans and Progress
Auxly stock gains a bit on Wednesday after Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) announced the repayment of approximately 97% of its unsecured convertible debentures due January 16, 2020. Key Details The past few months have ... [Read]
CannaOne Technologies Engages Investor Relations Services
This is an exciting time for leading software development company CannaOne Technologies Inc. (CSE:CNNA) (OTCPK:CNONF). The cannabis space in North America is in need of the e-commerce solutions that CannaOne provides, and as the industry matures, the ... [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]
Aurora Stock Trades Near Lows Due to Lack of Confidence
Aurora stock has been facing continuous selling pressures on broader sell-off in the cannabis sector and recently made a new low. Let's analyze the recent key developments from Aurora Cannabis (TSX:ACB) (NYSE:ACB). Over the past ... [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]
Aphria Stock Stuck Despite Better Earnings: What to Do Now?
Aphria stock is down over 50% from its 2019 peak price despite Aphria Inc (TSX:APHA) (NYSE:APHA) posting better quarterly results than previous quarters. Let's analyze the recent performance. Key Analysis While it is true that ... [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]
CannTrust Stock Tanks 10% on Temporary Lay Off News
CannTrust stock is leading the cannabis sector lower on Friday after CannTrust Holdings (TSX:TRST) (NYSE:CTST) said that it will reduce its workforce by 25%, or roughly 140 people. Key Details Canadian cannabis company CannTrust Holdings ... [Read]