Business Cannabis stocks mixed as CannTrust hit by product return, MedMen boosted by delivery launchMarketWatch - By Ciara Linnane Cannabis stocks were mixed on Monday, with CannTrust falling another 5% on news a customer is returning almost three million Canadian dollars worth …
Cannabis Wall Street’s latest billion-dollar pot company had a half-ton of bad weed returned as it was going publicMarketWatch - By Max A. Cherney The newest cannabis company on Wall Street, Sundial Growers Inc., sold a half ton of pot that was returned by corporate buyer Zenabis Global Inc. …
Business Cannabis stocks climb for the first time in three days with Aurora leading the packMarketWatch - By Ciara Linnane Cannabis stocks rose for the first time in three sessions Friday, reversing some of this week’s losses that were driven by disappointing earnings …
Business Canopy Growth slides 14% to drag broader cannabis sector lower as earnings disappointMarketWatch - By Ciara Linnane Canopy Growth shares slid 14% Thursday, after the world’s biggest cannabis company reported a more than billion Canadian-dollar loss for its latest …
Business Canopy Growth, world’s largest pot company, lost $1 billion in three monthsMarketWatch - By Max A. Cherney Canopy Growth Corp. reported a C$1.28 billion quarterly loss late Wednesday and missed analyst estimates for revenue, sending shares down 10% in …
Tilray Cannabis stocks slammed as Dow sinks, Tilray slides 12% after earnings disappointMarketWatch - By Ciara Linnane Cannabis stocks were mostly lower Wednesday, weighed down by pressure in the broader markets after the yield curve inverted and a steep selloff in …
Business The $4 billion time bomb ticking away inside the biggest marijuana companiesMarketWatch - By Max A. Cherney As pot-stock mania gripped North America in 2018, a bidding war struck up for a relatively small marijuana-growing property in a Toronto suburb. The …
Tilray Tilray stock drops 7% after losses widen, though revenue tops expectationsMarketWatch - By Max A. Cherney Tilray Inc. shares fell more than 7% in the extended session Tuesday after the Canada-based marijuana producer reported wider-than-expected …
Aurora Cannabis Aurora Cannabis stock flat in rising sector after analyst says it looks overvaluedMarketWatch - By Ciara Linnane Cannabis stocks were mostly higher Tuesday as the broader market rallied on an easing of China trade fears, with Aurora Cannabis a rare splash of red …
Business CannTrust stock slides 26% after regulator says another facility is breaking rulesMarketWatch - By Ciara Linnane Troubled Canadian cannabis company CannTrust Holdings Inc. said Monday it has received a report from Health Canada informing it that its …
Business Cannabis stocks sink with broader market as latest bad news from CannTrust weighsMarketWatch - By Ciara Linnane Cannabis stocks were mostly lower Friday, tracking losses in the broader market amid renewed worry about trade tensions with China with the latest …
Business KPMG withdraws audits for CannTrust’s 2018 and March quarter after illegal grow scandalMarketWatch - By Ciara Linnane Canadian cannabis company CannTrust Holdings Inc. said Friday its auditor KPMG is withdrawing its audits of the company’s financial statements for …
Business Vape seller Greenlane rallies on news of Canopy deal, Cronos falls after earningsMarketWatch - By Ciara Linnane Cannabis stocks were mixed Thursday, as investors digested a surprise profit from Toronto-based Cronos that was mostly due to a change in the value …
Business Marijuana-REIT stock falls after second-quarter earningsMarketWatch - By Max A. Cherney Innovate Industrial Properties Inc. shares fell more than 2% in the extended session Wednesday, after the company reported earnings. Innovative …
Business Marijuana-derived epilepsy drug doubles sales, sending GW Pharma stock soaringMarketWatch - By Max A. Cherney GW Pharmaceuticals PLC reported Tuesday afternoon that sales of its cannabis-derived epilepsy drug more than doubled from the previous quarter, …
Aurora Cannabis Aurora Cannabis rallies and lifts cannabis stocks after offering revenue guidanceMarketWatch - By Ciara Linnane Aurora Cannabis shares rallied as much as 14% and helped to pull the cannabis sector higher Tuesday, with the recovery in broader markets following a …
Business Aphria rockets 38% after surprise profit to pull cannabis stocks higherMarketWatch - By Ciara Linnane and Max A. Cherney As Friday’s trading session drew to a close, rumors began to swirl about Canadian licensed cannabis producers circling the damaged assets of …
Business Aphria CEO says $1 billion black market for vapes is its largest competitorMarketWatch - By Max A. Cherney For Aphria Inc. and other cannabis companies with aspirations of market domination, the billion-dollar market for illegal vaporizers in Canada …
Business Short sellers are increasing bets that cannabis stocks will fallMarketWatch - By Ciara Linnane Short sellers, or those betting stocks will fall, have steadily increased their exposure to the cannabis sector this year with short interest in the …
Business Cannabis stocks climb after CannTrust says it’s reviewing options, including possible saleMarketWatch - By Ciara Linnane and Max A. Cherney CannTrust Holdings shares rallied Wednesday to lead cannabis stocks higher, after the troubled company hired a financial adviser for a strategic …
Business Cannabis stocks end six-session losing streak after CannTrust fires CEOMarketWatch - By Ciara Linnane Cannabis stocks rose Friday to break a six-session losing streak, led by CannTrust Holdings, which rallied more than 18% on the news that it has …
Cannabis CannTrust fires CEO, president resigns as pot company deals with illegal-grow scandalMarketWatch - By Max A. Cherney Amid revelations that CannTrust Holdings Inc. was illegally growing pot in unlicensed rooms, the company fired Chief Executive Peter Aceto and forced …
Business Cannabis companies are having a horrible summer as scandals mount and stocks slideMarketWatch - By Ciara Linnane The cannabis sector has hit a summer slump, weighed down by a series of scandals, regulatory deadlock and a growing sense that the industry is not …
Cannabis Cannabis sector hammered as CannTrust slides another 24%MarketWatch - By Ciara Linnane CannTrust Holdings stock tumbled another 24% Wednesday to drag the overall cannabis sector down, after a report said emails showed the company’s top …
FDA Curaleaf shares tumble 8% after FDA sends warning letter over CBD health claimsMarketWatch - By Ciara Linnane and Max A. Cherney Shares of cannabis company Curaleaf Holdings Inc. tumbled 8% Tuesday and dragged the broader sector lower, after the U.S. Food and Drug …
Business Cannabis stocks slammed after FDA warning to Curaleaf for CBD claimsMarketWatch - By Ciara Linnane Cannabis stocks were mostly lower on Tuesday, led by Curaleaf Holdings, after the U.S. Food and Drug Administration sent a warning letter to the …
Business Cannabis stocks fall ahead of Senate hearing on banking; Neptune gains on bullish GMP noteMarketWatch - By Ciara Linnane Cannabis shares were mostly lower Monday, as investors braced for a Senate hearing Tuesday on cannabis and banking, an obstacle for many companies in …
Aurora Cannabis Aurora Cannabis weighs on sector after BofA downgrade highlights its cash burnMarketWatch - By Ciara Linnane Aurora Cannabis shares tumbled Thursday to pull the overall sector lower, after an analyst at Bank of America Merrill Lynch downgraded the stock on …
Cannabis stocks led higher by Curaleaf after company buys Chicago-based multistate operatorMarketWatch - By Ciara Linnane Cannabis stocks were mostly higher Wednesday, with Curaleaf leading the pack after announcing an $875 million stock-and-cash deal that will help it …
