Spotlight Stock Former Canopy Growth CEO Bruce Linton Launches $150M Marijuana SPAC by Sophia Vida March 06, 2020 The former co-founder and CEO of Canopy Growth, Bruce Linton, has some big plans still in the marijuana industry. It was at the Benzinga Cannabis Capital Conference in Miami on February 27th that Linton gave a keynote speech wh...
Spotlight Stock Aurora Cannabis and Other Pot Stocks Get Downgraded by Cowen by Sophia Vida February 25, 2020 The week did not start off too well for marijuana stocks Aurora Cannabis, Tilray Inc., and Sundial Growers Inc. The companies were downgraded by a Cowen team led by Vivien Azer on Monday, as analysts become cautious about their...
Trends & Articles Stifel Believes Pot Stocks Will Rebound This Year by Sophia Vida January 08, 2020 Marijuana analysts at Stifel are expecting a rebound this year for pot stocks in the first half of 2020. Many marijuana stocks were annihilated in 2019, including Canada's Canopy Growth and Aurora Cannabis. Canada's Albe...
Spotlight Stock Marijuana Stocks Headed Lower as Analyst Says This About New Canopy Growth CEO by Sophia Vida December 11, 2019 Canopy Growth has a new CEO and analysts are saying he faces some big challenges. Pot stocks were falling on Tuesday as analysts remarked on the new chief executive. Constellation Brands’ Chief Financial Officer David K...
Spotlight Stock Canopy Growth Shares Plummet After Dismal Q2 Financial Report by Sophia Vida November 19, 2019 Shares of Canadian marijuana producer Canopy Growth Corp. saw its shares fall last Thursday over 2% after the company released a wider than expected loss in the second quarter. Revenue also was short of expectations. The Canadi...
Featured Some Walmart Walk-in Clinics are Being Schooled in Marijuana by Sophia Vida November 06, 2019 According to a Leafly article, medical practitioners at some Walmart walk-in clinics will soon be equipped to dispense cannabis advice to patients. Spectrum Therapeutics, which is the medical branch of Canopy Growth, is partner...
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...