Marijuana

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Bears Pinched in Tilray-Led Pot-Stock Rally on Legislation Hopes

(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 […]

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Top Marijuana Stocks on the Nasdaq for December 2021

The 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 […]

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Marijuana ETFs Blaze Higher

Cannabis 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 […]

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U.S. Marijuana Stocks Rally Ahead Of GOP Legalization Bill

U.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 […]

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2 Pot Stocks Starting Huge New Uptrends

Tilray 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), […]

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Big Tech Stocks Slide As President Biden Prepares To Sign Executive Order To Crackdown On Anticompetitive Practices

Plus, Wells Fargo said it is shutting down all personal lines of credit to focus more on its credit card and personal loans business, Pfizer plans to apply for emergency use authorization for a booster shot of its COVID-19 vaccine in August, and Stamps.com has agreed to be taken private by Thoma Bravo.

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Reddit Traders Push Clover Health & Wendy’s Shares To New Highs

Plus, Reddit and several other major websites were down early this morning due to a Fastly outage, Bitcoin is dropping after the U.S. recouped most of the ransom paid to the hackers that took down the Colonial Pipeline last month, and one analyst says Apple could hit a $3 trillion market cap next year.

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One Hot Stock

GrowGeneration Corp. (GRWG) – Buy Price: $59.00 or better

Buy 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, […]

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Bitcoin Surges Past $20,000 For The First Time Ever

Plus, 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.

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Pfizer & BioNTech Will Apply For Emergency Use Authorization For Their COVID-19 Vaccine Today

Plus, the Treasury Department demanded the return of money the government provides to the Fed for lending to certain markets in times of stress, the U.S. set a new daily coronavirus case record, and Tesla hit a new all-time high.

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Nintendo Just Reported Operating Profits Surged 428% Amid The Coronavirus Pandemic

Plus, weekly jobless claims hit their lowest level in the pandemic era but still came in above 1 million, White House and congressional Democratic negotiators have a self-imposed deadline of Friday to come to agreement on a relief package, and Bausch Health is spinning off is eye care business.

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Amyris, Inc. (AMRS) – Buy Price: $4.24 -Sell Price: $5.16

Trade Setup Buy Price: $4.24 Sell Price: $5.16 Amyris, Inc., a biotechnology company, develops technology that creates microbial strains to produce artemisinic acid, a precursor of artemisinin, an anti-malarial drug. The company’s technology platform enables to engineer microbes and use them as catalysts to metabolize renewable, plant-sourced sugars into large volume, high-value ingredients. It applies […]

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Aurora Cannabis Shares Are Soaring After Announcing Its Buying A U.S.-Based CBD Company

Plus, another 2.4 million Americans filed for unemployment bringing the pandemic total to more than 38 million, AstraZeneca was awarded $1.2 billion from the U.S. government for the development of its COVID-19 vaccine, and Best Buy shares are down after earnings.

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