Pot stocks are in the doldrums but affluent investors are upbeat.
— Read on www.bloomberg.com/news/articles/2019-10-30/pot-retail-investors-remain-bullish-in-midst-of-bear-market
Tag: Marijuana
‘Deep Space’ and ‘Zorzal cacao’: Canopy Growth reveals new pot drinks and edibles
Canopy Growth has rolled out its first batch of cannabis drinks and chocolates, with products ranging from psychoactive ginger ale, to a CBD-infused sparkling water, to cacao medallions.
— Read on ca.finance.yahoo.com/news/canopy-growth-new-pot-drinks-edibles-153005470.html
As ‘Cannabis 2.0’ kicks off in Canada, industry strangled by limited retail outlets
While that is expected to help sagging share prices, the crucial factor for a turnaround is a significant increase in the number of stores selling the products, investors, companies and analysts said. Share prices in the Horizons Marijuana Life Sciences Index ETF have slumped as companies’ revenues
— Read on ca.finance.yahoo.com/news/cannabis-2-0-kicks-off-050501749.html
The good, the bad and the ugly from Canada’s first year of legal pot – Article – BNN
The good, the bad and the ugly from Canada’s first year of legal pot – Article – BNN
— Read on www.bnnbloomberg.ca/the-good-the-bad-and-the-ugly-from-canada-s-first-year-of-legal-pot-1.1330342
Tilray, Budweiser parent to launch CBD drinks in late 2019 – Article – BNN
Tilray, Budweiser parent to launch CBD drinks in late 2019 – Article – BNN
— Read on www.bnnbloomberg.ca/tilray-budweiser-parent-to-launch-cbd-drinks-in-late-2019-1.1329821
Pot Stocks Fall to 2017 Lows as Hexo Latest to Lower Outlook – Bloomberg
Pot stocks crumbled to their lowest level since 2017 after Hexo Corp. became the latest cannabis company to lower earnings expectations.
— Read on www.bloomberg.com/news/articles/2019-10-10/pot-stocks-fall-to-2017-lows-as-hexo-latest-to-lower-outlook
Cannabis ‘gold rush’ falling short amid cheap black market: Analysts – Article – BNN
Cannabis ‘gold rush’ falling short amid cheap black market: Analysts – Article – BNN
— Read on www.bnnbloomberg.ca/cannabis-gold-rush-falling-short-amid-cheap-black-market-analysts-1.1329064
Tilray’s Dubious Anniversary Marks 90% Stock Decline – Bloomberg
It was arguably the peak of pot-stock volatility, and also a peak that Tilray Inc. has never come close to hitting since.
— Read on www.bloomberg.com/news/articles/2019-09-19/tilray-s-dubious-anniversary-marks-90-stock-decline
Aurora Cannabis says it’s ‘killing it’ in Canada, so why aren’t analysts excited?
Aurora Cannabis just booked the biggest cannabis revenues in the industry, but analysts are paring back expectations as the company warns of “volatile” quarterly revenues and a sales “plateau” into the end of the calendar year.
— Read on ca.finance.yahoo.com/news/aurora-cannabis-killing-it-in-canada-why-arent-analysts-excited-190552829.html
Aurora sees profitability in 2020 if retail rollout goes as planned – Article – BNN
Aurora sees profitability in 2020 if retail rollout goes as planned – Article – BNN
— Read on www.bnnbloomberg.ca/aurora-sees-profitability-in-2020-if-retail-rollout-goes-as-planned-1.1315282