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1 min read • October 25, 2022
Shares of several cannabis stocks are trading higher in sympathy with Canopy Growth after the company announced it created a U.S. holding company, Canopy USA, LLC.
1 min read • October 10, 2022
Shares of cannabis companies are trading lower amid profit taking after the sector gained last week following comments from President Biden on marijuana reform.
1 min read • October 7, 2022
Shares of several cannabis stocks are trading lower, possibly on profit-taking after the sector rallied on Thursday following President Biden’s statement on marijuana reform. Tilray also reported worse-than-expected Q1 financial results, which has also possibly weighed on the sector.
1 min read • October 6, 2022
Scotts Miracle-Gro shares are trading higher in reaction to President Biden’s statement on marijuana reform. The company sells hydroponic farming facilitation products.
1 min read • October 6, 2022
Shares of cannabis companies are trading higher after President Biden issued a statement on marijuana reform, which mentioned pardoning ‘all prior federal offenses of simple marijuana possession.’
1 min read • September 21, 2022
Aurora Cannabis shares are trading lower after the company reported Q4 earnings. Piper Sandler lowered its price target on the stock from $4 to $3.
1 min read • August 25, 2022
Shares of cannabis companies are trading higher. Reports suggest New York regulators set a cap of 150 conditional marijuana retail permits for the first round of adult-use business licensing.
1 min read • August 22, 2022
Shares of cannabis companies are trading lower. While the sector has gained in recent months amid legalization optimism, cannabis stocks are lower today amid risk-off sentiment as stocks fall on Fed rate hike concerns and economic uncertainty.
1 min read • August 15, 2022
IM Cannabis shares are trading higher after the company reported Q2 sales results were up year over year.
1 min read • August 9, 2022
Shares of cannabis companies are trading lower in sympathy with Cronos, which reported worse-than-expected Q2 sales.
1 min read • August 8, 2022
Shares of cannabis companies are trading higher amid continued legalization optimism.
1 min read • August 2, 2022
Shares of cannabis companies are trading higher. Senate Democrats in July rolled out a marijuana decriminalization bill, which helped lift the sector last month.
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