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Cannabis Watch: Aphria stock slides on weaker-than-expected earnings, but other cannabis shares shine

Aphria Inc.’s U.S.-listed sha.....»»

Category: topSource: marketwatchJan 14th, 2020

Cannabis Watch: Tilray slides 14% to pressure broader cannabis sector after earnings disappoint

Tilray Inc. stock was the biggest decliner among Canadian licensed cannabis producers on Tuesday, as analysts weighed in on weaker-than-expected fourth-quarter earnings that included a revenue miss and $112 million impairment charge......»»

Category: topSource: marketwatchMar 3rd, 2020

Cannabis Watch: Cannabis stocks fall after Cronos shares are downgraded to sell

Cannabis stocks fell Wednesday, led by Cronos Group Inc., after Canaccord downgraded the stock to sell from hold following its weaker-than-expected earnings......»»

Category: topSource: marketwatchMar 27th, 2019

Cannabis Watch: Aurora Cannabis shares skyrocket on hopes worst is behind Canadian weed company

Aurora Cannabis Inc. stock rampaged Monday with U.S.-traded shares surging nearly 52% in a continued response to better-than-expected earnings last week......»»

Category: topSource: marketwatchMay 18th, 2020

Cannabis Watch: Canopy Growth’s earnings disappointment delivers fresh pain in brutal stretch for cannabis stocks

Canopy Growth Corp. shares slide more than 17% Thursday and pulls rivals lower after the company posts weaker-than-expected earnings for its fiscal second quarter in the latest blow for the troubled cannabis sector......»»

Category: topSource: marketwatchNov 14th, 2019

Cannabis Watch: Greenlane stock slides after earnings fall short as vaping lung disease weighs

Greenlane Holdings Inc. shares fell .....»»

Category: topSource: marketwatchNov 8th, 2019

Cannabis Watch: Aurora maps its future as New Jersey gets set to put cannabis legalization to the vote

Aurora Cannabis Inc. shares were in focus again Thursday, as investors continued to digest weaker-than-expected earnings and the company’s plans to grow its business......»»

Category: topSource: marketwatchMay 17th, 2019

Cannabis Watch: Aurora maps its future and New Jersey to put legalization to the vote

Aurora Cannabis Inc. shares were in focus again Thursday, as investors continued to digest weaker-than-expected earnings and the company’s plans to grow its business......»»

Category: topSource: marketwatchMay 16th, 2019

Aphria"s stock falls after swinging to wider-than-expected loss, but revenue rose above forecasts

The U.S.-listed shares of Aphria Inc. dropped 5.3% in premarket trading Wednesday, after the Canada-based cannabis company reported a wider-than-expected fiscal fourth-quarter loss but revenue that topped forecasts. The company swung to a net.....»»

Category: topSource: marketwatchJul 29th, 2020

Cannabis Watch: Cronos stock falls after earnings, restating several quarters of financial statements

Marijuana producer Cronos Group Inc. shares fell 2% in the extended session Monday after the company restated several quarters of results and reported revenue below the consensus estimates......»»

Category: topSource: marketwatchMar 30th, 2020

Cannabis Watch: Tilray stock drops after revenue miss, $112 million impairment charge

Tilray Inc. shares dropped more than 8% in the extended session Monday after the weed company posted revenue that missed Wall Street estimates and a larger than expected loss......»»

Category: topSource: marketwatchMar 2nd, 2020

Cannabis Watch: Canopy Growth extends gains, but analyst highlights issue that was overlooked in earnings

Canopy Growth Corp.’s U.S.-listed shares rose Monday, extending gains made Friday after the Canadian cannabis company surprised investors with better-than-expected earnings......»»

Category: topSource: marketwatchFeb 18th, 2020

Cannabis Watch: Canopy’s stock roars higher after better-than-expected earnings, sparks broad rally in cannabis sector

Canopy Growth stock roared higher Friday and sparked a broad rally among cannabis stocks, after a better-than-expected earnings report bolstered sentiment on the beaten-down sector......»»

Category: topSource: marketwatchFeb 14th, 2020

Cannabis Watch: Aurora Cannabis shares rise after a dire earnings report and $1 billion loss

Aurora Cannabis Inc. shares rose Thursday, after the company posted a set of earnings that were mostly expected, after the company last week unveiled a major overhaul of its operations......»»

Category: topSource: marketwatchFeb 13th, 2020

Cannabis Watch: Aurora Cannabis stock slides on report of plans to cut 10% of workforce

Aurora Cannabis shares slid 3.3% Thursday, after a report that the company is about to announce plans to lay off 10% of its workforce, becoming the latest company in the sector to move to cut costs......»»

Category: topSource: marketwatchFeb 6th, 2020

Cannabis Watch: Aphria stock boosted by news of certification that will allow the Canadian company to ship medical cannabis to the EU

Aphria Inc. shares rallied more than 6% Tuesday, after a bullish analyst note and news that the company has achieved GMP status in the European Union, clearing the path for it to start selling medical cannabis to pharmacies in Germany and other countries......»»

Category: topSource: marketwatchJan 21st, 2020

Cannabis Watch: Organigram stock soars 35% after earnings and boosts broader cannabis sector

Organigram shares soared more than 35% Wednesday and helped lift the broader cannabis higher, after the company’s first-quarter revenue more than doubled and beat analyst estimates......»»

Category: topSource: marketwatchJan 15th, 2020

Cannabis Watch: Aphria stock slides 9% to weigh on broader cannabis sector

Aphr.....»»

Category: topSource: marketwatchJan 14th, 2020

Cannabis Watch: Cronos kicks off cannabis earnings with revenue miss but stock gains

Cronos Group kicked off the September quarter earnings season for the cannabis sector on Tuesday with a report showing a profit driven by a one-time gain and lower-than-expected revenue......»»

Category: topSource: marketwatchNov 12th, 2019

Cannabis Watch: Marijuana-derived epilepsy-drug sales rise 25%, but GW Pharma stock plunges more than 12%

Shares of GW Pharmaceuticals PLC sunk more than 12% in the extended session Tuesday, after the cannabinoid drug maker reported better-than-expected revenue from its flagship product, Epidiolex......»»

Category: topSource: marketwatchNov 5th, 2019

Cannabis Watch: Cannabis sector falls as Aphria surrenders gains, Aurora tipped to be long-term winner

Aphria Inc. stock fell 8% Wednesday to pace decliners in the cannabis sector, a day after it reported earnings for its fiscal first quarter that showed a profit that was mostly due to a change in its stock price and shift in its stake in another company......»»

Category: topSource: marketwatchOct 16th, 2019