Spotlight Stock Canopy Growth Shares Fall on Disappointing Earnings in the Second Quarter by Sofia Vida November 15, 2018 Shares of Canadian marijuana company Canopy Growth reported second quarter earnings this week that revealed a revenue decline. The stock saw its shares fall 13% as traders digested the report. Analysts were expecting better fro...
Spotlight Stock Cronos Group Reports Third Quarter Financial Results by Sofia Vida November 14, 2018 Canadian marijuana company Cronos Group Inc. reported its third quarter results this week, revealing that revenue had roughly tripled. Despite revenue seeing a big jump, the company reported a net loss of C$7.04 million ($5.3 m...
Spotlight Stock Aurora Cannabis Sees a 2,800% Increase in Earnings by Sofia Vida November 13, 2018 Aurora Cannabis was the first of several marijuana stocks to report quarterly results this week and boy, did they deliver. The Canadian marijuana company reported that earnings had soared 2,800% after producing 11,000 pounds of...
Spotlight Stock Canopy Growth Closes on Constellation Brands’ $4 Billion Investment by Sofia Vida November 07, 2018 On November 1st, Constellation Brands, Inc. and Canopy Growth Corporation announced that the companies had closed on the former's $4 billion investment into the latter company. The investment had been previously announced on Au...
Spotlight Stock Coca Cola Has No Plans for Cannabis Drinks by Sofia Vida November 01, 2018 It was in September that beverage giant Coca Cola had indicated it could be interested in getting into the marijuana industry but now the company has squashed that idea. During the company's earnings call on Tuesday, CEO James ...
Spotlight Stock Curaleaf Holdings Makes Lackluster Debut in Toronto by Sofia Vida October 29, 2018 U.S. marijuana company Curaleaf Holdings made its debut in Toronto this Monday and it was less than exciting. The company had accumulated $400 million in equity raising, making it the biggest in Canada's marijuana history thus ...
Spotlight Stock Aurora Cannabis Debuts on the NYSE and Flops by Sofia Vida October 24, 2018 Aurora Cannabis made a less than par debut on the New York Stock Exchange on Tuesday. Perhaps it had something to do with the timing as many pot stocks were slumping again after seeing losses on Monday. Shares of Tilray, Canopy...
Spotlight Stock Another Canadian Weed Company is About to Make its Debut on the NYSE by Sofia Vida October 22, 2018 Aurora Cannabis Inc., a Canadian marijuana company, announced recently that its shares have been approved by the New York Stock Exchange for trading. The company is set to have its first day of trading on the exchange on Octobe...
Spotlight Stock Canadian Marijuana Store Mislabels Genital Spray as Oral Spray by Sofia Vida October 18, 2018 Well Canada just began legal recreational marijuana sales yesterday and already there's some bloopers happening. Ontario Cannabis Store’s online portal made the mistake of mislabeling a cannabis-infused intimate spray called ...
Spotlight Stock Marijuana Stocks Explode after Canopy Growth Announces Acquisition by Sofia Vida October 16, 2018 Shares of pot stocks saw a jump on Monday after it was revealed that Canadian marijuana company Canopy Growth had bought a US hemp researcher in order to help it grow marijuana better. Canopy Growth has purchased a Colorado-bas...
