Marijuana Stocks Aurora Cannabis Lays Off Hundreds of Workers by Sophia Vida December 17, 2020 Marijuana cannabis producer Aurora Cannabis has laid off a little over 200 workers in an effort to reduce its production at its flagship cannabis greenhouse in Edmonton, Alberta, Canada. According to Marijuana Business Daily, t...
Marijuana Stocks Verano Holdings Plans to Go Public This Month with an Almost $3B Valuation by Sophia Vida December 08, 2020 Verano Holdings LLC, a U.S. multi-state cannabis operator is aiming to go public before the year ends with a staggering valuation of nearly $3 billion. Verano was founded in 2014 and operates its cannabis business in 14 states ...
Marijuana Stocks Cannabis MSO Acreage Signs a $12M Loan to Expand its Illinois Operation by Sophia Vida December 04, 2020 Multistate cannabis operator Acreage Holdings announced this week that it has agreed to a $12 million construction loan to complete the expansion of its cultivation and processing facility in the Illinois market. The company fi...
Marijuana Stocks Canopy Growth Posts Smaller Than Expected Loss in Q2 by Sophia Vida November 10, 2020 Canadian marijuana producer Canopy Growth reported its second quarter financial results on Monday with share prices soaring as a result. The world's largest pot producer posted a loss in the period of 9 cents a Canadian share v...
Marijuana Stocks Cronos Shares Soar as Company Tops Third Quarter Financial Forecasts by Sophia Vida November 06, 2020 Shares of marijuana company Cronos Group soared on Thursday after the company topped third quarter financial results. For the quarter the Canadian pot producer's overall net income was $68.5 million. This was helped by a $105.3...
Marijuana Stocks Illinois Sets A Sales Record in Marijuana Sales in September by Sophia Vida October 08, 2020 Illinois has been seeing big sales each month since legalizing recreational marijuana back in January. The state has broken another record for marijuana sales in September, selling nearly $100 million in combined adult-use and ...
Marijuana Stocks Marijuana Company Aphria to Move from NYSE to NASDAQ by Sophia Vida May 26, 2020 This week Wall Street learned that Canadian cannabis company Aphria Inc. will be transferring its stock from the New York Stock Exchange to the NASDAQ exchange after the market closes on June 5th. “This move is a reflection o...
Marijuana Stocks Aurora Cannabis Falls After 1-for-12 Reverse Stock Split by Sophia Vida May 13, 2020 Shares of marijuana producer Aurora Cannabis were falling on Monday, the first day of trading for the company after it went through a 1-for-12 reverse stock split. It was in April that Aurora proposed to execute the split after...
Marijuana Stocks Curaleaf to Acquire Colorado Edibles Maker BlueKudu by Sophia Vida March 03, 2020 Marijuana giant Curaleaf will be acquiring Denver-based edibles manufacturer Bluekudu according to an announcement on Monday. BlueKudu, which is known for its infused chocolates and gummies, was founded in 2011 with the hope of...
Marijuana Stocks High Times Magazine to Make Wall Street Debut This Year by Sophia Vida February 25, 2020 With how popular marijuana has become on Wall Street with a slew of pot stocks debuting in recent years, it only makes sense that High Times Magazine would want a piece of the action. The parent company of the magazine which hi...
