Shares of the Canadian pot company Aurora Cannabis (NYSE:ACB) are poised for a rough day. The company’s shares dropped by as much as 18% in pre-market trading Wednesday morning in response to its disappointing fiscal 2020 fourth-quarter results released after the closing bell yesterday…
Why Aurora Cannabis Stock Is Flying High Today
Shares of Aurora Cannabis (NYSE:ACB) were flying 18.5% higher as of 1:26 p.m. EDT on Tuesday. There were two likely factors behind the big gain…
Better Cannabis Stock: GrowGeneration or Scotts Miracle-Gro?
Ancillary companies play a vital role in the marijuana business without ever coming into contact with the plant itself. These entities supply growers with nutrients, solvents, tools, and the equipment necessary to raise marijuana plants in large-scale production facilities. Pure…
3 Marijuana Stocks You Shouldn’t Forget About
Investing in marijuana stocks is typically a double-edged sword. These companies have garnered investor interest for their long-term potential, but continue to post sizable net losses…
Better Cannabis Stock: Canopy Growth vs. Aphria
The U.S. cannabis industry is performing exceptionally well this year, even with a market that’s limited by the lack of federal legalization. The coronavirus pandemic has helped drive sales of marijuana, and the drug is seeing growing acceptance as a…
2 Top Cannabis Stocks to Watch in September
Although marijuana was legalized nationwide in Canada in October 2018, Canadian cannabis companies have yet to reap the potential benefits of the newly licit market. Lagging profitability is partly due to companies’ initial overestimates of consumer demand for marijuana. Many…
