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Cannabis Watch: Cannabis stocks rally after Aurora posts first earnings of December quarter

Cannabis stocks were higher across the board on Tuesday, as investors digested the first earnings reports of the season and a first look at a pot banking bill that Democrats are hoping to pass in 2019......»»

Category: topSource: marketwatchFeb 12th, 2019

Cannabis Watch: Cannabis stocks slammed as Canopy earnings disappoint

Cannabis stocks fell on Friday, led by Canopy Growth Corp., after the biggest company in the sector measured by market cap reported an unexpected decline in recreational pot sales in Canada in the fourth quarter from the previous one......»»

Category: topSource: marketwatchJun 22nd, 2019

Cannabis Watch: Aurora Cannabis losses growing faster than expected, shares fall

Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»

Category: topSource: marketwatchMay 14th, 2019

Cannabis Watch: Aurora Cannabis pot sales and losses growing faster than expected, shares fall

Aurora Cannabis Inc. sales and losses both grew faster than expected in its fiscal third quarter, according to an earnings report released late Tuesday that sent shares about 2% lower in after-hours trading......»»

Category: topSource: marketwatchMay 14th, 2019

Earnings Watch: Cannabis companies failed their first big test, now they have a second chance

After the first nearly full quarter of recreational cannabis sales, the world’s largest pot producers had a shot to prove they belong among blue-chip stocks. They mostly failed......»»

Category: topSource: marketwatchMay 10th, 2019

Cannabis Watch: Cannabis stocks rally ahead of Tilray earnings

Cannabis stocks were higher Monday, as investors reacted to the latest tie-ups in the sector and awaited the release of quarterly earnings from Tilray Inc. after the close......»»

Category: topSource: marketwatchMar 18th, 2019

Cannabis Watch: Aurora Cannabis leads sector rally on news it’s hiring hedge-fund manager Nelson Peltz as adviser

Aurora Cannabis Inc. led a rally in cannabis stocks Wednesday, after the company said it’s hiring hedge-fund manager Nelson Peltz as an adviser with the aim of sealing new cooperation agreements and expanding globally......»»

Category: topSource: marketwatchMar 13th, 2019

Cannabis Watch: Cannabis stocks climb after Canopy posts revenue jump and Aphria uncovers conflicts

Cannabis stocks were mostly higher Friday, as investors digested earnings from Canopy Growth Corp. and the news that Aphria Inc.’s probe of acquisitions in Latin America found certain board members had conflicts......»»

Category: topSource: marketwatchFeb 16th, 2019

Cannabis Watch: Failed marijuana experiment slams Organigram earnings

Organigram Holdings Inc. said Monday that growing marijuana cost it nearly 50% more in cash and harmed its earnings last quarter because the cannabis company tried — and failed — to develop a more efficient growing technique......»»

Category: topSource: marketwatchJul 15th, 2019

Cannabis Watch: Cannabis stocks rally after FDA says it will speed up effort to create rules for CBD

Cannabis stocks were mostly higher on Monday, after the U.S. Food and Drug Administration said it is expediting its effort to create a regulatory framework for CBD with plans to publish a report on its progress by early fall......»»

Category: topSource: marketwatchJul 15th, 2019

Cannabis Watch: Organigram earnings: What to expect

Organigram Holdings Inc. is expected to report fiscal third-quarter earnings Monday......»»

Category: topSource: marketwatchJul 12th, 2019

Cannabis Watch: Constellation CEO ‘not pleased’ with pot investment Canopy Growth’s recent earnings

Constellation Brands Inc. Chief Executive William Newlands said early Friday in the company’s earnings conference call that he was not pleased with the recent fourth-quarter earnings of cannabis producer Canopy Growth Corp......»»

Category: topSource: marketwatchJun 28th, 2019

Cannabis Watch: Cannabis stocks rally with Aleafia leading the charge after a capital raise

Cannabis stocks rose Thursday, led by Aleafia Health Inc., which rallied after announcing the closure of a $40. 25 million convertible debt offering that will bolster its balance sheet and help grow its business......»»

Category: topSource: marketwatchJun 27th, 2019

Cannabis Watch: Cannabis stock selloff resumes as Canopy’s disappointing earnings continue to weigh

Cannabis stocks resumed their selloff on Monday in a continued response to last week’s disappointing earnings from industry leader, Canada’s Canopy Growth Corp., the biggest company in the sector measured by market capitalization......»»

Category: topSource: marketwatchJun 24th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales since launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Cannabis Watch: Canopy Growth earnings show decline in recreational pot sales from launch of legal weed in Canada

The world’s largest pot company said Thursday that recreational pot sales in Canada declined from the launch quarter, but continued to promise increased production of marijuana to meet demand......»»

Category: topSource: marketwatchJun 20th, 2019

Cannabis Watch: Cannabis stocks lifted by Dow’s rally, hopes for bill that would protect states that have legalized weed

Cannabis stocks rose Tuesday, buoyed by gains in the broader market and hopes for a bill that would block the Justice Department from interfering in states that have legalized weed for medical or recreational use......»»

Category: topSource: marketwatchJun 18th, 2019

Cannabis Watch: Marijuana producer Hexo stock falls after sequential revenue decline in the wake of Canadian legalization

Hexo Corp. shares fell sharply in Thursday trading after the company announced a sequential decline in revenue as part of its third-quarter earnings just months following recreational legalization of marijuana in Canada......»»

Category: topSource: marketwatchJun 13th, 2019

Cannabis Watch: Cannabis stocks rise as banking bill advances, investors await Canopy earnings

Cannabis stocks were mostly higher Friday, rising with the broader market after a weaker-than-expected May jobs report bolstered expectations that the Federal Reserve will cut interest rates sooner rather than later......»»

Category: topSource: marketwatchJun 7th, 2019

Cannabis Watch: Cannabis stocks fall in step with broader market as latest earnings fail to impress

Cannabis stocks fell Wednesday, weighed down by weakness in the broader markets and disappointment about some of the latest earnings from the sector......»»

Category: topSource: marketwatchMay 29th, 2019

Cannabis Watch: Cannabis stocks fall with broader market as latest earnings fail to impress

Cannabis stocks fell Wednesday, weighed down by weakness in the broader markets and disappointment about some of the latest earnings from the sector......»»

Category: topSource: marketwatchMay 29th, 2019