Markets & Stocks
Stay informed about the latest developments and trends in the cannabis stock market with Business of Cannabis. Discover new investment opportunities, market analysis, and more in our stocks category.
Markets & Stocks · page 12
- Markets & Stocks
US Cannabis Stocks Rally As VP Calls On DEA To Come To Rescheduling Decision ‘Quickly’, Amid More Rumors Of Imminent Decision
US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to come to a decision on cannabis rescheduling ‘as quickly as possible’.
- Markets & Stocks
Northern Leaf Announces Merger With Voyager Life, & Stenocare Stocks Spike on Australian Expansion
Voyager Life & Northern Leaf Aquis Stock Exchange-listed CBD company Voyager Life has announced plans for a merger with Jersey-based medical cannabis cultivator Northern Leaf.
- Markets & Stocks
IMC Could Become Latest To Exit Cannabis Space, Jazz Pharma Reports $900m In 2023 Epidyolex Sales, & More From DanCann Pharma
IM Cannabis IM Cannabis has become the latest major Israeli cannabis company to announce potential plans to depart the industry altogether and sell off its remaining assets.
- Markets & Stocks
Ananda Announces ‘Drug Supply Agreement’, Stenocare Launches 3rd Oil in Denmark, & German Stocks React to CanG Progress
Ananda Developments Ananda Developments has seen its stock increase over 5% this week after signing a ‘Drug Supply Agreement’ (DSA) with the University of Edinburgh (UOE) and NHS Lothian.
- Markets & Stocks
MGC Pharma to Rebrand to Argent BioPharma, OCT Explores Capital Reorganisation, & Cannabis Poland’s Stock Skyrockets
MGC Pharmaceuticals / Argent BioPharma [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”MXC.L” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] MGC Pharmaceuticals has become the latest UK-listed cannabis company to opt for a rebrand in 2024, as businesses increasingly try to diversify and distance themselves from the difficulties experienced across the cannabis sector over the last year…
- Markets & Stocks
German Cannabis Stocks Spike on CanG Progress, Akanda Offloads Key Sales Generator, & Allied Corp Signs UK Supply Deal
Akanda [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”AKAN” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Akanda has seen its share price slip by around 10% this week after it announced plans to sell its Portuguese operations for $2m, seeing it offload a key source of revenue.
- Companies
Aurora Plans 1:10 Share Consolidation to Avoid NASDAQ Delisting
Canadian cannabis giant Aurora yesterday announced plans to enact a 1:10 stock consolidation in order to avoid delisting from the NASDAQ stock exchange.
- Markets & Stocks
Chill Brands Stock Drops on News of Vaping Ban, Voyager Life Aquires CBD Retailer, & Pharma C Rebrands
Chill Brands [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”CHLL.L” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Chill Brands has seen its stock price drop by more than 30% this week following news that the UK government is planning to ban disposable vapes.
- Markets & Stocks
Ananda Welcomes 2 Scientific Advisors, Hellenic Receives Grant, & More from SEED
Ananda Developments [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”ANA.AQ” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Aquis-listed pharmaceutical cannabis company Ananda Developments welcomed two new scientific advisors ‘to assist the company in developing its in-house capabilities and pipeline of clinical trials’ this week.
- Markets & Stocks
Akanda Avoids NASDAQ Delisting, Kanabo to Open Walk-in Clinic, & Hellenic Makes Funding Progress
Akanda [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”AKAN” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Akanda has seen its stock rise by around 7% this week as it rode the wave of positive sentiment sending US-listed cannabis stocks skyrocketing.
- Markets & Stocks
Cellular Goods Changes Name and CEO, Pharma C Diversifies Into AI, & More From OCT
Cellular Goods (Cel AI) [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”CBX.L” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Cellular Goods has this morning announced another major pivot in its strategy, just days after its former CEO, who himself attempted to diversify the brand’s operations away from beauty, left the company.
- Markets & Stocks
European Cannabis Stocks in 2023, MGC’s ArtemiC Approved in Saudi Arabia, & Panaxia Stock Skyrockets
European cannabis stocks in 2023 2023 has been perhaps the hardest financial year to date for the emerging European cannabis sector.
