While it’s too early to predict winners and losers among U.S. and Canadian cannabis companies, some of these players are expected to see a boost in sales as Germany moves toward nationwide legalizatio...
Tag: marijuana use
Canopy Growth Stock Is Falling as Earnings Disappoint Wall Street
Text size Canopy Growth reported a 36% drop in revenue from Canadian recreational cannabis sales compared with the same quarter a year ago. Chris Roussakis/Bloomberg Canopy Growth stock is plummeting ...
Giant Pension Bought AMD, Tilray, Uber, and Petrobras Stock
Text size An AMD EPYC processor. Courtesy AMD New Jersey’s state pension materially increased investments in some of its larger positions. State of New Jersey Common Pension Fund D, the pension’s larg...
Canopy Growth Stock Jumps After Earnings, Despite Slowing Marijuana Sales
Text size Marijuana plants at a Canopy Growth facility in Ontario. Chris Roussakis/Bloomberg Canopy Growth‘s shares were jumping Wednesday after the Canadian cannabis company reported higher-than-expe...
Bernstein launches coverage of Canada’s Tilray, Cronos and Canopy Growth but stops short of any buy ratings
Sanford C. Bernstein & Co. analyst Nadine Sarwat initiated coverage of three Canadian cannabis stocks on Wednesday but stopped short of any buy recommendations at current levels. “Is the buzz gone...