(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 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 MorePlus, pot stocks are falling, jobless claims came in worse than expected, and Kraft Heinz is selling its nuts businesses to Hormel for $3.35 billion.
Read MorePlus, 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.
Read MorePlus, the presidential election is down to just five key states, Qualcomm delivered a big earnings beat, and pot stocks soaring higher today.
Read MoreThese 3 pot stocks could see massive upside over the coming year. Here’s why.
Read MorePlus, Paul Singer’s Elliott Management just took a new stake in AT&T, Apple will announce new iPhones tomorrow, and shares of Chipotle are climbing.
Read MoreThese 2 marijuana stocks have been sparking a lot of headlines recently, and both look like great buys now.
Read MoreMondelez could soon become the next hot CBD stock…
Read MoreJust in time for 420—an annual celebration for marijuana users—Bank of America names this pot stock its top pick in the space and says it could surge 48% higher.
Read MoreThese 2 pot stocks could surge 50%+ this year. Here’s why.
Read MoreThis stock just kicked Canopy Growth out of Cowen’s top marijuana stock pick seat, and the firm now rates it an Outperform. Here’s why.
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