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1 min read • November 18, 2019
Aurora Cannabis shares are trading lower on continued downward momentum after the company reported Q1 earnings results. The company cancelled/delayed plans for multiple facility expansions and converted some debt into shares in an effort to conserve cash. The company reported Q1 sales were lower from the same quarter last year.
1 min read • November 15, 2019
Cronos shares are trading lower in sympathy with Aurora Cannabis after the company reported Q1 sales were lower from the same quarter last year.
1 min read • November 15, 2019
Aurora Cannabis shares are trading lower after the company reported Q1 sales results down from last year.
1 min read • November 14, 2019
Shares of several cannabis companies are trading lower in sympathy with Canopy Growth after the company reported Q2 earnings results. An executive also said that the market opportunity today is not living up to expectations in a conference call.
1 min read • November 11, 2019
OrganiGram shares are trading lower along with other cannabis stocks. The sector could be trading lower in anticipation of Cronos and Tilray earnings which are scheduled for tomorrow.
1 min read • November 5, 2019
Aurora Cannabis shares are trading higher. Not seeing any news to justify the price action.
1 min read • October 24, 2019
Tilray shares are trading higher after the company announced it has imported a supply of medical cannabis to support a clinical trial evaluating cannabis in disorders caused by breast cancer treatment.
1 min read • October 21, 2019
Tilray shares are trading higher despite weakness in other cannabis names. Last week marked the start of the ‘Cannabis 2.0’ legalization of cannabis-infused products.
1 min read • October 21, 2019
Shares of several cannabis companies are trading lower in a potential selloff. The sector spiked last week following the ‘Cannabis 2.0’ launch of marijuana-infused products in Canada as well as irregular trading in Cronos shares.
1 min read • October 18, 2019
Aurora Cannabis shares are trading lower depsite no company-specific news. The stock has dropped approximately 30% over the past month.
1 min read • October 17, 2019
Shares of several cannabis companies are trading higher as last night’s sharp price and volume spike in Cronos leads the sector higher. The catalyst for the spike remains unclear. Cronos shares are trading on over 8x average volume today.
1 min read • October 14, 2019
Aurora Cannabis shares are trading lower after MKM maintained its Sell rating on the stock and lowered the price target from CA$ 5 to CA$ 3.5 per share.
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