Spotlight Stock Canopy Growth Gets a “Hold” Rating From Jefferies by Sophia Vida February 26, 2019 Canadian marijuana producer Canopy Growth Corporation may not have much room to run on according to an analyst from Jefferies. Owen Bennett, an analyst with Jefferies, wrote in a note, "Unlike some other names where operational...
Spotlight Stock Canopy Growth Reports Quarterly Results that Reveal Almost 300% Revenue Jump by Sophia Vida February 16, 2019 Marijuana producer Canopy Growth Corp., which is the largest legal pot producer in the world, reported its third quarter financial results that thrilled Wall Street. The company reported that revenue for the quarter jumped 282%...
Spotlight Stock Canopy Growth Explodes Analysts Boost Price Target on the Pot Producer by Sophia Vida January 25, 2019 Shares of Canada's Canopy Growth Corp. were heading higher on Friday after getting a price target hike from Piper Jaffray. The stock soared over 9% after analysts Michael Lavery and Jeffrey Kratky late Thursday raised their pri...
Spotlight Stock Canopy Growth Shares Explode as Company is Granted License to Produce Hemp Farms by Sophia Vida January 15, 2019 Shares of Canadian marijuana producer Canopy Growth saw gains on Monday after the company announced that it has been granted a license by New York state to process and produce hemp farms. Dependent on board approval of a specif...
Trends & Articles Canopy Growth is Putting Down Some Roots in Britain by Sophia Vida December 29, 2018 Canopy Growth Corp.. the world's largest marijuana company, is setting itself up in Britain after the country changed its drug laws. Britain now allows marijuana to be prescribed for medical use. The company's Chief Medical Off...
Uncategorized Well Known Marijuana Analyst Thinks This Company is the Best Stock Idea for 2019 by Sophia Vida December 11, 2018 Cowen has named Corona beer maker Constellation Brands as its top stock idea for 2019. According to analyst Vivien Azer with the firm, since Constellation first announced its $4 billion investment in Canopy Growth a few months...
Spotlight Stock Canopy Growth Enters Into Agreement with MediPharm Labs by Sophia Vida December 01, 2018 Canadian company Canopy Growth, one of the biggest marijuana growers in the world, has entered into a strategic supply agreement with MediPharm Labs Inc., a specialized cannabis extraction business licensed under the Cannabis Act,...
Spotlight Stock Canopy Growth Shares Fall on Disappointing Earnings in the Second Quarter by Sophia 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 Aurora Cannabis Sees a 2,800% Increase in Earnings by Sophia 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 Sophia 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...