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Tag Archives: Cannabis

Aurora cannabis stock jumps as pot sales grow faster than expected

Aurora Cannabis Inc.’s pot sales rose as COVID-19 spread around the world in the first three months of the year and the company’s strained and recently bundled shares got a jolt on Thursday after close of trading. When Aurora reported results, the company did not provide a net loss figure, but it was included in Canadian securities filings. In the …

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Rally of cannabis stocks for a second day after House passed a bill aimed at lifting the federal ban on weeds

Cannabis stocks recovered a second day on Wednesday, supported by the adoption by the Congressional Committee of a law to lift the federal ban on weeds and strong gains for Curaleaf, after posting a lower than expected result. quarter loss. Curaleaf's US-listed shares CURLF, + 11.82% CURA, + 12.19% recently posted an increase of 12.2% as investors shook off their …

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Cannabis stocks are a red sea as sell-off ranges up to the sixth straight day

Cannabis shares turned red again on Monday, with Aurora Cannabis slipping another 9% after disappointing earnings, and MedMen slipping 17% as a result of job cuts and asset sales. The ETFMG Alternative Harvest ETF MJ, -3.07% recently dropped 2.3%, with 23 of its 36 member stocks lower. The ETF has fallen for six consecutive days, dropping 34% year-to-date. The Horizons …

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The yield disappointment of Canopy Growth leads to new pain in cannabis stocks

The shares of Canopy Growth Corp. dropped more than 17% on Thursday, plummeting after the company was weaker than expected after the recent slap in the troubled cannabis sector in the second fiscal quarter. The ETFMG Alternative Harvest ETF MJ, -4.22% declined by 5.4%, with 26 of its 36 constituents, led by Canopy, declining. The Horizons Marijuana Life Sciences ETF …

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Aurora Cannabis provides insight into plans for NextGen Cannabis products

<p type = "text" content = " EDMONTON October 16, 2019 / PRNewswire / – On the One-Year Anniversary of Consumer Legalization in Canada Aurora Cannabis Inc. ("Aurora") (NYSE | TSX: ACB), the Canadian company that defines the future of cannabis worldwide, announced plans for the introduction of vapes, concentrates and food, if permitted. December Consumer Sale: The Company has …

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Marijuana Investors: Why Aurora Cannabis (TSX: ACB) (US) may be the cheapest stock in the TSX index

You've probably heard of value traps – seemingly cheap stocks with ridiculously low valuation scales that are anything but good. Impaired companies with declining fundamentals may seem cheap, but they can be absurdly expensive relative to their growth prospects and expose investors to a significant downside risk. What you may not have heard are stocks that seem ridiculously expensive, but …

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Here's why we bought these 3 cannabis stocks

It is widely believed that the cannabis sector is one of the fastest growing areas of the market over the next ten years, if not longer. The up-and-coming Canadian leisure market is expected to further boost marijuana's total sales of this country, with more countries likely to finalize cannabis for good, and the newly legal US hemp market on the …

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