CBWTF Stock Struggles Despite Robinson’s Subsidiary Getting Green Lit
Last week, cannabis streaming company Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) had another subsidiary greenlit to produce cannabis. Shares saw a brief upswing after the news was announced, but today, CBWTF stock is in the red ... [Read]
Green Growth Brands Gains $19 Million in Profits on Aphria Share Sale
Green Growth Brands (CSE:GGB) (OTC:GGBXF) announced today that it is accelerating the expiry of its takeover bid of Aphria Inc. (TSX:APHA) (NYSE:APHA) and, in turn, will be repurchasing 27.3 million common shares for aggregate consideration ... [Read]
NBEV Stock Gains Momentum: New Age Beverages Strikes Walmart Deal
The second quarter has started on a roll for NBEV stock thanks to the signing of a cannabis distribution deal with retail giant Walmart (NYSE:WMT). The deal could not have come at a better time, ... [Read]
Auxly Stock Underperforms Broader Rally: What Next?
Auxly stock has struggled since reporting a wider than expected net loss for the full year ended December 31st, 2018. It was a net loss of -$66,988 or $0.14 a share, compared to a net ... [Read]
Auxly Stock: Two Blows in 2019, Will It Ever Resurge?
Auxly stock is on the rise today, currently trading for $0.88 CAD and up 3.53% at the time of writing. Auxly Cannabis Group (TSXV:XLY) (OTCQX:CBWTF) has an array of international operations. Its predominant role is ... [Read]
Cannabis Industry: Evogene Joins CBD Market and EVGN Stock Flies
The cannabis industry has been growing rapidly over the past few years, and according to research firm Cowen & Co, the US legal cannabis industry is estimated to touch $75 billion in sales by 2030. ... [Read]
CBWTF Stock: Weak Quarterly Results Put on Pressure
CBWTF stock has been under pressure recently following Auxly Cannabis Group’s (TSXV:XLY) (OTCQX:CBWTF) fourth-quarter results. CBWTF stock has corrected over 20% in the past week from a high of $0.76 USD. The drop in stock ... [Read]
Origin House Takeover: Cresco Labs Creating Cannabis Conglomerate
Just announced via Bloomberg, US Chicago-based cannabis producer Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) is acquiring Canada's Origin House (CSE:OH) (OTCQX:ORHOF) in an all-stock deal with $1.1 billion USD. What will an Origin House takeover mean ... [Read]
CBWTF Stock Falls: Auxly Releases Q4 and Fiscal Year Results
At the time of writing, CBWTF stock is on a steep decline. Down 10% and selling for $0.65 USD on the OTCQX, Auxly Cannabis Group’s (TSXV:XLY) (OTCQX:CBWTF) 2019 isn’t getting much brighter. Shares are reacting ... [Read]
India Globalization Capital to Sell Hyalolex in Puerto Rico: IGC Stock Pops
India Globalization Capital (NYSE:IGC) stock popped on Wednesday, March 27th. Why? It comes down to the company's recent news about Hyalolex, its cannabis-based product for Alzheimer's patients. India Globalization Capital Today Earlier today, India Globalization Capital, ... [Read]