Spotlight Stock Cannabis Company Cronos Reports a $31.3M Operating Loss in the Second Quarter by Sophia Vida August 07, 2020 Canadian marijuana company Cronos Group has reported its second quarter financial results to reveal an adjusted operating loss of $31.3 million along with $40 million worth of coronavirus-related impairment charges on its U.S. ope...
Spotlight Stock Cannabis Producer Canopy Growth Slashes 30 Jobs at Ontario Headquarters by Sophia Vida July 16, 2020 Canadian marijuana producer Canopy Growth has cut 30 jobs at its Ontario headquarters as a part of corporate restructuring. The company confirmed to move to Marijuana Business Daily which was first reported by local news websit...
Spotlight Stock Aurora Cannabis Plans to Cut More Jobs and Facility Closures by Sophia Vida June 25, 2020 Struggling cannabis producer Aurora Cannabis has announced a new round of staff layoffs and its plans to shut five facilities over the next two quarters amid the coronavirus pandemic. The Canadiana marijuana industry has been h...
Spotlight Stock Curaleaf Amends Deal to Acquire Grassroots Cannabis by Sophia Vida June 24, 2020 Curaleaf Holdings, a vertically integrated marijuana company, has amended its deal to acquire cannabis multistate operator Grassroots. The stock and cash transaction was originally announced in July of last year with a price ta...
Spotlight Stock Investor Alert: Fast-Moving Megatrend Investing Opportunity is Now Unfolding… by Kenneth Cantrell June 09, 2020 The Yield Growth Corp. (CSE: BOSS); (OTCQB: BOSQF); (Frankfurt:YG3) is well-positioned to take advantage of the rapidly-growing mushroom edibles market The next explosive megatrend has arrived... And for investors, this opportu...
Spotlight Stock Canopy Growth CEO Says Company’s Cannabis Beverages are Off to Hot Start by Sophia Vida June 04, 2020 It was only this past Friday that Canopy Growth reported its fourth quarter results that disappointed Wall Street and even its own guidance. Shares fell 20% last Friday and continued falling this week. Canopy Growth's CEO is...
Spotlight Stock It’s Another Billion-dollar Loss for Canopy Growth by Sophia Vida June 03, 2020 Marijuana producer Canopy Growth reported its second billion-dollar quarterly loss this past Friday. For the fiscal fourth-quarter, the company reported a net loss of C$1.33 billion, or $946.4 million. It was the second in its ...
Spotlight Stock Aurora Cannabis Shares Pop After Making Deal to Enter U.S. Market by Sophia Vida May 21, 2020 Shares of Canadian marijuana producer Aurora Cannabis were soaring as Wall Street learned that the company had made a deal to enter the U.S. market. Aurora Cannabis has agreed to buy U.S.-based CBD company Reliva, giving the co...
Spotlight Stock Aurora Cannabis Reports Explosive Revenues in Q3 by Sophia Vida May 19, 2020 Recently shares of Aurora Cannabis were destroyed after the company executed a 1-for-12 reverse stock split but came back roaring on strong third quarter financial results. The troubled marijuana company reported stronger-than-...
Spotlight Stock Canopy Growth Loses Two Top Executives by Sophia Vida May 13, 2020 Marijuana producer Canopy Growth has lost two top executives this week. The Canadian company's chief commercial officer of recreational cannabis, Dave Bigioni, and chief operating officer Andre Fernandez have parted ways. “B...
