cannabis stocks
cannabis stocks · page 4
- Uncategorized
Cannabis Stocks Rally on Trump’s Cannabis Comments
North American cannabis stocks have rallied following former President Donald Trump’s apparent indications that he is warming to the idea of federal reform.
- Uncategorized
Stocks Rally Following Leaked Cannabis Rescheduling Letter
Cannabis stocks are rallying after a letter was leaked to Bloomberg on Wednesday revealing that The U.S Department of Health and Human Services (HHS) has recommended the Drug Enforcement Administration (DEA) reclassify cannabis from Schedule I to Schedule III under federal law.
- Markets & Stocks
South West Brands Bought By Rival OTO For £6.2m, Deepverge Stock Falls 60%, & Yooma Wellness Expects Cease Trade Order
Deepverge [stock_market_widget type=”chart” template=”basic” color=”#5679FF” assets=”DVRG.L” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” display_currency_symbol=”true” api=”yf”] Deepverge, a biotech firm based in Dublin, has seen its stock freefall 60% since the start of the month after announcing that its prospective revenues would be ‘approximately 45-50%’ of previous estimates.
- Adult-Use
Global Cannabis Stocks Significantly Underperformed In 2022, But Trend Expected To ‘Reverse’ In Near Future
THE global cannabis industry’s stocks have performed far worse than the general markets throughout 2022, with nearly US$30bn wiped off the value of the world’s largest 20 cannabis companies.
- Markets & Stocks
European Cannabis Stocks Review: Akanda Becomes Second Cannabis Company In Less Than 6 Months To Face Possible NASDAQ Delisting
NEWS broke yesterday evening that US President Joe Biden has moved to federally pardon thousands of Americans with minor cannabis convictions.
- Adult-Use
The States Reform Act is a long shot, but we’ll take it
There is more bad news from Quebec-based HEXO, who has announced that it is shuttering three production facilities — two in Ontario, one in Nova Scotia — two of which were only acquired in the last year or so.
- Adult-Use
Why cannabis stocks have come down from the high
After enjoying some highs due to legalization optimism and the meme-stock craze, cannabis stocks have dropped by about 50%, reports Bloomberg.
- Adult-Use
Analysts say these Canadian weed stocks could rebound post-legalization
US Senate Majority Leader Schumer’s bill is unlikely to be passed, but it’s a good starting point for negotiations, said Owen Bennett, senior vice president of global tobacco and cannabis stocks at Jefferies Equity Research, on BNN Bloomberg.
- Cannabis Daily News
Jefferies is betting on these U.S. weed stocks
New York-based investment banking company Jefferies Group is initiating coverage of seven U.S. pot stocks — Curaleaf, Green Thumb, Trulieve, Cresco, Columbia Care, TerrAscend and Ayr Strategies — and upgraded them all to a “buy” rating, reports BNN Bloomberg.
- Adult-Use
Wall Street picks MSOs over Canada
Despite good news like New York legalization and the SAFE banking act advancing, the cannabis capital market haven’t rebounded all the way, reports MarketWatch.
- Adult-Use
The ‘Wolf of Weed Street’ bets against Canada
Cannabis stock analyst Jason Spatafora, a.k.a. the Wolf of Weed Street, had harsh predictions for debt-strapped Canadian public companies banking on survival in the US.
