Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis […]
Read More(Bloomberg) — Short sellers in cannabis stocks are feeling the squeeze as Tilray Brands Inc. and Sundial Growers Inc. soared more than 55% each this week, and a House panel said it would vote next week for the second time to decriminalize marijuana. Pot stocks, which have languished this year, also got a boost this […]
Read MoreThe marijuana industry consists of companies directly related to the research, development, and distribution of cannabis products, as well as companies that indirectly support these operations. Traditional stock market indices such as the Nasdaq continue to include more companies from the marijuana industry, as a growing number of regions around the world legalize marijuana. The […]
Read MoreCannabis ETFs were blazing after Representative Nancy Mace (R-SC) tweeted that she plans to unveil a new bill that would legalize marijuana at the federal level. The bill would remove the plant from the list of federally controlled substances. While cannabis-related ETFs have been on a decline for much of the year, this news was […]
Read MoreU.S. marijuana stocks were up on Monday, ahead of an expected unveiling of Republican-led draft legislation to legalize cannabis in the U.S. The draft bill, led by South Carolina Rep. Nancy Mace, has been touted as an approach that could win over reluctant GOP lawmakers, as bigger legalization efforts from Democrats have yet to gain […]
Read MoreTilray Inc (NASDAQ: TLRY) is trading higher Friday on continued legalization hopes amid a Republican-leg marijuana legalization bill. The stock is also moving in sympathy with Sundial Growers Inc (NASDAQ: SNDL), which reported its third-quarter financial results and announced a share repurchase program. Sundial reported quarterly net earnings of $11.3 million Canadian dollars ($8.99 million), […]
Read MoreLast year, the Democratic Party won a major electoral victory at the upper Federal levels, taking control of the White House and the US Senate, while retaining control of the House of Representatives. Their control of Congress rests on thin margins – but it is a legislative majority, and it held out high hopes of […]
Read MoreFor investors seeking the best returns, the decision of where to put the initial investment typically comes down to two choices. Put all the eggs in one big basket, and buy into the market’s giant corporations, the trillion-dollar companies with famously high share prices and a track record of steady growth – or to buy […]
Read MoreThe past few years have seen a tremendous boost in the US cannabis industry, as 36 states have legalized the substance for medical or recreational use, or both, and several others have decriminalized it. At the Federal level, cannabis remains an illegal narcotic – but Federal law also prohibits prosecution of users who are in […]
Read MoreBuy Price: $59.00 or better Sell Price: TradersPro Sell Signal GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, […]
Read MoreBuy Price: $192.00 or better Sell Price: TradersPro Sell Signal Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, […]
Read MorePlus, congressional leaders are nearing a deal on a new coronavirus stimulus deal, United Airlines said it has begun transporting coronavirus vaccines domestically, and Tilray and Aphria are combining to create one of the largest cannabis companies.
Read MoreWells Fargo analysts are bullish on these 3 beverage companies, but traders say this 1 stock in the bunch looks set to outperform. Here’s why.
Read MorePlus, AstraZeneca confirmed it is running an additional sturdy if its coronavirus vaccine following confusing results, and bitcoin is down nearly $3,000 in the last 24 hours.
Read MorePlus, Tesla shares are up amid speculation that the electric vehicle maker will soon join the S&P 500, chip maker Analog Devices is buying Maxim Integrated, RTW Retailwinds has declared bankruptcy, and PepsiCo reported earnings.
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