Spotlight Stock Constellation Brands Shares Fall on Earnings Report After its Cannabis Investment Hinders by Sophia Vida October 04, 2019 Constellation Brands, the maker of Corona beer, reported its second quarter financial results before the bell on Thursday and saw its shares fell as much as 8%. It was last year that Constellation made a sizable investment into...
Spotlight Stock This Analyst Has Bad Things to Say About Canopy Growth by Sophia Vida September 19, 2019 According to an Oppenheimer analyst, Canopy Growth is not a stock to buy. While the Canadian marijuana producer has a lot of money, at $28 a share it is still expensive says analyst Rupesh Parikh. According to Parikh, the co...
Marijuana Stocks Curaleaf Explodes After Reporting Mixed Financial Results by Sophia Vida August 29, 2019 Shares of Massachusetts-based Curaleaf were headed higher on Wednesday despite turning in a mixed financial report for the second quarter. The company posted a wider than expected loss yet still saw its shares explode as much a...
Spotlight Stock Former Canopy Growth CEO Bruce Linton Still Invests in the Company by Sophia Vida August 22, 2019 Despite being dismissed from Canadian marijuana producer Canopy Growth as its CEO, Bruce Linton, the former executive, is still investing in the giant. Linton had been fired by the Canadian company last month, but said on Tuesd...
Spotlight Stock Canopy Growth Announces Quarterly Results by Sophia Vida August 15, 2019 Marijuana producer Canopy Growth just announced its first quarter financial results for the period ended June 30th, 2019. For the quarter, the company harvested 40,960 kg of product, surpassing its previous estimate of 34,000 k...
Spotlight Stock Former Canopy Growth CEO Explains Why He was Fired by Sophia Vida July 24, 2019 The marijuana industry was shaken up when it learned earlier this month that former Canopy Growth CEO Bruce Linton was abruptly fired from his job. Linton has his own ideas on why he was let go. “Many companies that trade ...
Trends & Articles Curaleaf Holdings is Now Biggest Marijuana Seller in the World by Sophia Vida July 19, 2019 America's Curaleaf Holdings is now the biggest legal cannabis operation in the world. The company announced this week that it has agreed to buy a privately held rival GR Companies, in which it will pay cash and stock worth a to...
Spotlight Stock Bruce Linton is Fired as Co-CEO of Canopy Growth by Sophia Vida July 03, 2019 Many on Wall Street were shocked to learn that Bruce Linton, the co-CEO of Canada's Canopy Growth was let go from the company. In an interview with CNBC on Wednesday, Linton said he was fired. “I think stepping down might not...
Spotlight Stock Marijuana Producer Canopy Growth Reports Four-Fold Jump in Revenue by Sophia Vida June 21, 2019 Canadian pot company Canopy Growth Corp. has reported over a four-fold jump in quarterly revenue this week. Canada's biggest weed producer by market capitalization, cited higher sales following Canada's legalization of recreati...
Marijuana Stocks This is What Brinks CEO Douglas Pertz Says About Cannabis by Sophia Vida June 05, 2019 According to the CEO of Brinks, Douglas Pertz, cannabis is going to be a booming industry on a global basis. He believes the industry will be worth $160 billion. Brinks provides cash and logistics services to marijuana producer...
