Organigram Stock Jumps 7% Despite Poor Q4 Earnings
Organigram stock is making a solid move this morning despite Organigram Holdings (TSX:OGI) (NASDAQ:OGI) reporting a wider than estimated loss and lower sales growth for its fourth quarter. Reports Q4 Loss Many quarterly earnings reports ... [Read]
MedMen Stock Continues to Underperform on Fundamental Concerns
Despite a rebound in the cannabis sector this week, MedMen stock continues to underperform, with a fall of 35% so far this week. In fact, in 2019 so far, shares of MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) ... [Read]
Namaste Stock Bounces Back from Lows on Value Buying in the Sector
Namaste stock has been recovering this week as the broader cannabis sector is bouncing back from the recent slump. Let's analyze the recent developments from Namaste Technologies (TSXV:N) (OTCQB:NXTTF). About Namaste Technologies The cannabis industry ... [Read]
MedMen Stock Tanks as Company Announces 190 Layoffs
MedMen stock is tanking today after MedMen Enterprises (CSE:MMEN) (OTCQX:MMNFF) announced plans to lay off over 190 staff as part of its efforts to reduce spending, adding further misery to the cannabis market, which has ... [Read]
MedMen Stock Keeps Sinking: Can Florida Legislation Save It?
MedMen stock is continuing to tank in the aftermath of posting its quarterly results, which saw net loss more than double. Can MedMen Enterprises' (CSE:MMEN) (OTCQX:MMNFF) push for recreational cannabis legislation in Flordia turn the ... [Read]
Organigram Stock Slumps on Lowered Q4 Sales Guidance
Organigram stock is leading the cannabis sector after Organigram Holdings (TSX:OGI) (NASDAQ:OGI) trimmed its revenue guidance for the fourth quarter. The new revenue projection for the fourth quarter from Organigram Holdings has caused a lot ... [Read]
KSHB Stock Soars on Q4 Earnings, Strong Outlook for FY2020
KSHB stock is one of the biggest gainers in the cannabis sector today after KushCo Holdings (OTCQB:KSHB) reported better than estimated earnings and a strong outlook for FY2020. KushCo Holdings Inc, which is involved in ... [Read]
Namaste Stock is Moving in a Range After Solid Q3 Earnings
Namaste stock has been moving within a narrow range over the past couple of hours. Let's analyze the recent developments from Namaste Technologies (TSXV:N) (OTCQB:NXTTF). During the first half of the year, cannabis e-commerce company ... [Read]
Organigram Stock Jumps on Analyst’s Bullish Note
Organigram stock is moving higher on Tuesday as an analyst at Cantor started coverage on Organigram Holdings (TSX:OGI) (NASDAQ:OGI) with an Overweight rating and a price target of $17.10 CAD. Jeffries Recently Upgraded The cannabis ... [Read]
MediPharm Stock Jumps: Company Appoints New CFO
MediPharm stock is trading higher in the morning session after MediPharm Labs (TSX:LABS) (OTCQX:MEDIF) named Robert Kwon as its new chief financial officer, effective November 18, succeeding Christopher Hobbs. Key Details Canadian cannabis extraction and purification ... [Read]