CGC Stock Outperforms on Better Financial Stability
The cannabis industry has been in all sorts of trouble for much of the past 12 months, and many companies now find themselves on the precipice. However, there is one stock that has the wherewithal ... [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]
CGC Stock Tanks on Job Cut, Closes 2 Cultivation Facilities
In a development that should raise alarms in the cannabis industry, Canadian cannabis giant Canopy Growth (TSX:WEED) (NYSE:CGC) announced late on Wednesday that it is going to shut 3 million square feet of its greenhouses ... [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]
CGC Stock Gains Despite Setbacks in Beverage Launch
CGC stock is making gains today despite Canopy Growth (TSX:WEED) (NYSE:CGC) suffering continued setbacks in the launch of its cannabis-infused beverages range. The world's leading cannabis firm unveiled its range of cannabis-infused beverages back in ... [Read]
Is CGC Stock the Real Winner from Aurora’s Struggles?
CGC stock could be leading a resurgence in pot stocks after cannabis giant Canopy Growth (TSX:WEED) (NYSE:CGC) surpassed expectations with its third-quarter financial results last Friday. With the Canadian cannabis market still dealing with the ... [Read]
CGC Stock Witnesses Biggest One-Day Jump After Solid Q3 Earnings
Canopy Growth (TSX:WEED) (NYSE:CGC) is the biggest cannabis company in the industry, so there was a lot of anticipation about its quarterly results. The results proved to be encouraging, with Canopy beating expectations and CGC ... [Read]
CGC Stock Rebounds as Aurora Bloodbath Subsides
CGC stock is on the rebound today after pot stocks took a hammering in the wake of news that Aurora Cannabis (TSX:ACB) (NYSE:ACB) was laying off up to 500 staff and on the hunt for ... [Read]
CGC Stock in Focus Ahead of Q3 Earnings Next Week
When one of the biggest cannabis stocks in the world announces its quarterly earnings, there is inevitably going to be a lot of focus on the event, and that is what could be expected from ... [Read]
CGC Stock Gains Following BMO Target Price Upgrade
CGC stock surged on Tuesday after Bank of Montreal Capital raised its target price for the world's largest cannabis firm from $25 to $40, citing accounts from cannabis retailers that value-priced brands such as Canopy ... [Read]