Nasdaq, Dow Jones close in the red amid Hormuz impasse
Investors are on edge ahead of the release of July CPI data tomorrow
Company
TSE:ACB
A community minded medical cannabis company based in Vancouver, British Columbia.
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Investors are on edge ahead of the release of July CPI data tomorrow
Drill results including the highest lithium value to date sparked shares of Cruz Battery Metals Corp Friday plus other big percentage movers on news from the small and micro cap space
The regulator said that a lack of scientific information on the cannabis derivative meant it couldn’t decisively conclude that CBD is safe for use in human and animal food.
Valuations for Canadian legacy producers are at two year lows, the firm said, and recreational cannabis sales should continue to grow
It was a mixed bag for cannabis investors on Wednesday with some early standouts on both sides of the coin
A year post-legalization in Canada, cannabis investors are taking it on the chin
Most cannabis stocks have lost at least half their market value a year following weed legalization in the Great White North
The high-growth UK sector ratcheted up fundraising to $43mln this year
The Edmonton-based cannabis giant made significant investments in its bid to increase its global presence
Also on the move were Terra Tech, CannTrust Holdings Inc, CB2 Insights and Curaleaf
Hardware & electrical equipment
Aurora is planning to purchase a third machine for its European operations in Denmark
The system in place for access to medicinal cannabis in the UK is not working, according to Aurora Cannabis
EnWave is developing commercial applications for its dehydration technology in the cannabis, food and pharmaceutical industries.
EnWave reported 2Q revenue of C$8.8 million for the quarter ended March 31, 2019, a boost of C$4.6 million, compared to the same period a year ago
Aurora has exercised an option that will see the cannabis company use EnWave's proprietary Radiant Energy Vacuum (REV) dehydration technology for drying cannabis in South America
Also on the move were Tilray, Canopy Growth, Progressive Planet and Codebase Ventures
CEO Scott Dowty says the combined assets, expertise and network positions the company for ‘tremendous growth’
Analyst Rob Wertheimer says Aurora continues to widen its lead, and the firm maintains its Overweight rating with ‘more comfort post results’
Also on the move were HEXO, Valens, Tilray, TILT and Aphria
Also on the move were CannTrust, 1933 Industries, Tilray and Aurora Cannabis
The firm reported net revenues of C$65.2 million (US$48.44 million) in the quarter, lower than analyst estimates of C$67.5 million (US$51 million)
Also on the move were Valens, Aurora, MariMed and The Supreme Cannabis Company
Also on the move were Cronos, Aurora, TILT and Vivo
Also on the move were Valens, Cronos, TerraTech and Aurora
Also on the move were Tilray, Aurora, Aphria, Canopy Growth, Empower and Nextleaf Solutions
Shares of EnWave hit a 52-week high on Monday after news last week that Aurora is making a $10 million strategic investment in the advanced technology company, which specializes in dehydration technology
Also on the move were Valens GroWorks, HEXO, Aurora, Tilray, Aleafia, Aphria and OrganiGram
Also on the move were EnWave Corp, Valens, Aurora, HEXO, Aphria and Liberty Health Sciences
Also on the move were Next Green Wave, Aurora Cannabis and Cronos Group
Also on the move were Aurora Cannabis, The Green Organic Dutchman, Tilray Inc and Liberty Health Sciences Inc
The cannabis company has no immediate plans to start raising the new capital but wants to be ready when the time comes
Also on the move were Empower Clinics, Planet 13, Aurora and MariMed
Also on the move were Next Green Wave and Namaste Technologies
Also representing the cannabis sector well Friday were 1933 Industries, MedMen and HarvestOne
Doing less well Thursday were GrowGeneration and Aurora
Cannabis stocks on the rise include Valens, Green Organic Dutchman and Aurora Cannabis
Investments and investor services
Scott Gottlieb's departure from the FDA could delay approvals for CBD companies
MacPherson is keen to join High Hampton as the company forges ahead in California
Analyst Rob Wertheimer has an Overweight rating on Aurora Cannabis stock and an Underweight rating on Tilray shares 'with less clarity on future growth outside of Canada'
The North American Marijuana Index, which tracks leading cannabis stocks in the US and Canada, failed to keep pace with gains on Wall Street
Aurora has agreed to acquire a 51% stake in Portugal's Gaia Pharma Lda, which will be renamed Aurora Portugal
Michael Singer, formerly chairman of the board, has been appointed executive chairman
Also moving were Redfund Capital Corp and GW Pharmaceuticals PLC
Also moving were Redfund Capital Corp and GW Pharmaceuticals PLC
Also moving are Green Thumb Industries and Weekend Unlimited
Also moving are Aurora Cannabis and KushCo Holdings
The Canadian company said the product has been successfully dispensed from Canada under a new legal framework that came into effect Nov. 1, 2018
Aphria climbed as investor Andrew Left said he was taking profits
Aurora Cannabis advanced after announcing that it has closed its offering of 5.5% convertible senior notes for gross proceeds of US$345 million
Shares of Tilray spiked on the back of a report released by one of Wall Street's top cannabis analysts
The cannabis company now expects fiscal second-quarter revenue of between C$50 million and C$55 million, compared to C$11.7 million for the year-ago quarter
Archive
Cannabis stocks shook off Wall Street's despair to hold steady Thursday, with the North American Marijuana Index adding 7.3 points to hit 228.81
Cannabis-focused agriculture company Terra Tech Corp shares slipped earlier in the week after Golden Leaf Holdings announced that it was no longer interested in acquiring the company
Organigram was a top gainer on the North American Marijuana Index following a boost in its fourth-quarter revenue
The Mexican pharma group has a broad reach to around 80,000 retail points in Mexico
The Vancouver-based medicinal cannabis grower’s Queensland facility will be the world's largest greenhouse cannabis operation, covering a 99-acre site
Cannabis stocks saw a host of red and green across the board on Thursday
The first order was shipped to Czech Medical Herbs s.r.o., a Czech drug wholesaler, that will supply pharmacies across the country
Ontario is said to have done the worst job in the rollout of medical cannabis
Big names in cannabis, including Aurora Cannabis and Cronos, fared well Friday afternoon
North American cannabis stocks are inching higher after a long stint in negative territory
Cannabis stocks tanked Monday in North America, after a tumultuous few weeks since Canada legalized recreational marijuana
Cannabis stocks were down across the board on Friday, after a tough few weeks on the stock market since Canada legalized recreational cannabis on Oct. 17
The Ontario-based cannabis company filed with the SEC last week but has yet to set a date for its trading debut
Shares of cannabis companies were broadly higher Wednesday, as the sector was set to snap a six-session streak of losses
Full-legalization in Canada appears to have dampened enthusiasm among pot investors despite early indications of strong cannabis demand
Meanwhile, Aurora Cannabis shares were flat as the company awaits debut on the New York Stock Exchange
Cannabis stocks dropped like a stone across the board Monday, after a tough week last week
CannaRoyalty was one of the only gainers in the cannabis space as anticipation builds for its name change
The move will allow the Canadian cannabis company to draw a broader group of institutional and retail investors
Company has begun production of softgel capsules for adult consumer markets
MPX Bioceutical shares jumped following the opening of its second dispensary in Maryland
Aurora will continue to trade on the Toronto Stock Exchange and will also stay on the OTC Markets until the NYSE listing is complete
The company said it had identified the city of Møeldrup, Denmark as the epicentre of local operations
The pot thickens: Cannabis stocks had a choppy Tuesday, as the market continues to fuel speculation with the potential for big winners -- and losers
Aurora CEO Terry Booth confirmed it will list on a major US exchange such as the Nasdaq or the NYSE
Aurora Cannabis stock jumped after it announced this week it has plans to dually-list in both Canada and the US
Listing on a major US exchange would enable Aurora Cannabis to widen the pool of investors in the stock
Coca-Cola is exploring the idea of cannabis-infused wellness beverages
Soda giant Coca-Cola said it was exploring the possibility of using CBD in wellness beverages
The Atlanta-based soft-drinks maker is in talks with Canadian marijuana producer Aurora Cannabis
Cannabis stocks still ended the day mostly green, despite overhyped press about the potential for Canadian cannabis workers, users and investors to be given lifetime border bans.
The summer honeymoon and a correction may be in order for cannabis stocks, as cannabis stocks plummeted on Thursday
Cannabis companies Aphria and Canopy Growth have also looked into fast-dissolving oral strips