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Cannabis
Hexo (TSX:HEXO) stock tumbles over 6%: Buy or Sell?
June 14, 2021 11:09 AM EDT| By AnujStocks of Hexo Corp. (TSX:HEXO), a cannabis goods retailer, dropped over six per cent in the opening trading hour (9:32 am EST) of Monday, June 14, after the company posted lower-than-expected third-quarter earnings. The pot company's non-beve...
3 Psychedelic Stocks To Trip On in 2021
June 11, 2021 11:05 AM EDT| By Raza NaqviWhen investors in Canada made early inroads into cannabis stocks, who would have thought that returns could be so high. Just in case you failed to capitalize on them, do not worry as psychedelic stocks seem embarking on a similar trajectory. Regulat...
High Tide (HITI) Debuts On Nasdaq: Buy It Before US Pot Legalization?
June 02, 2021 10:07 AM EDT| By AnujHigh Tide Inc (TSXV:HITI), a pot-focused retailer, debuted on the New York-based Nasdaq Exchange on Wednesday, June 2. Currently, its stocks are trading on the Toronto Stock Exchange Venture (TSXV) in Canada, holding year-to-date (YTD) returns of 198...
Canopy (WEED) & Tilray (TLRY): 2 Pot Stocks To Buy Before Q2 Ends
June 02, 2021 04:09 AM EDT| By AnujStocks of pot producers Canopy Growth (TSX:WEED) and Tilray’s (TSX:TLRY) reflected a growth about three per cent in the first hour of the trading session on Tuesday, June 1 (10:05AM EST). Ontario-based firm Canopy Growth’s stock price sp...
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Aurora (ACB) & Canopy (WEED): Why Pot Stocks Continue To Be Hot On TSX?
May 31, 2021 12:34 PM EDT| By Team Kalkine MediaCannabis stocks are turning hot once again as increased bustle in the sector gains investor attention. This increased interest in the pot sector is evident from the rise in the S&P/TSX Cannabis Index, which is currently up 37.76 per cent year-to...
High Tide (HITI) IPO: Stock Gains On Nasdaq Listing Approval, What Next?
May 28, 2021 12:45 PM EDT| By AnujNew York-based Nasdaq Exchange has accepted the listing application of Canadian cannabis retailer High Tide’s (TSXV:HITI), the company announced on Friday, May 28. The stock soared by 11 per cent intraday (at 11:00 AM ET) in the wake of this de...
Hexo-Redecan Stock & Cash Merger Heats Up Competition In Pot Industry
May 28, 2021 10:46 AM EDT| By AnujStocks of Hexo Corp. (TSX:HEXO) spiked more than 12 per cent in the opening hour (at 9:42 am ET) on Friday, May 28, after the company announced its decision to buy cannabis manufacturer Redecan for C$ 925 million. Hexo will make the first transactio...
3 Discounted Cannabis Stocks To Buy Before Prices Fly
May 25, 2021 01:20 PM EDT| By Team Kalkine MediaAs the United States and Mexico inch closer towards legalizing recreational marijuana, cannabis retail players are set to benefit from this expanding industry. The vast product portfolio, including medical and recreational cannabis, also opens room f...
Canopy Growth (TSX:WEED): A Pot Stock Worth Buying?
May 21, 2021 12:51 PM EDT| By Raza NaqviSummary The cannabis sector is expected to boom this year in Canada. At the market open on Friday, May 21, Canopy Growth stock surged by about one per cent and was trading at US$ 23.10 (9:45 AM EST). In the last five days, the stock jumped by .....
Canopy Growth (TSX:WEED) & Sundial (NASDAQ:SNDL): 2 Pot Stocks To Buy
May 18, 2021 12:33 PM EDT| By Raza NaqviSummary Cannabis stocks gained momentum over the past year amid the pandemic as pot sales shot up. As COVID-19 cases continue to rise around the world, sales of cannabis products are likely to get boosted and that could reflect on the performan.....
Updated: High Tide's (TSXV:HITI) Tsunami Sweeps Market, Up 1400%!
May 13, 2021 06:40 AM EDT| By AnujStocks of Canadian pot company High Tide Inc (TSXV:HITI) skyrocketed by as much as 1,400 per cent after it announced 15:1 stock consolidation on Wednesday, May 12. The cannabis-focused drug retailer has consolidated 15 shares at C$ 0.60 apiece to on...
Sundial All Set To Acquire Inner Spirit (CSE:ISH): Buy Alert?
May 06, 2021 07:48 AM EDT| By Team Kalkine MediaSummary This move comes amid ongoing M&A and consolidation in the Canadian cannabis industry. Earlier, Sundial Growers had acquired more than 10 per cent stake in Valens Co. Sundial raised US$ 218 million in February through several regist.....
Tetra Bio (TSX:TBP) Stocks Rocket As REDUVO Gets Health Canada’s Nod
May 03, 2021 12:54 PM EDT| By AnujStocks of Tetra Bio Pharma Inc (TSX:TBP), a Canadian cannabinoid-based drug producer, rocketed by as much as 24 per cent on Monday morning, May 3. The surge came after the company received Health Canada’s nod for its drug, REDUVO Soft Gel Capsu...
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HEXO & Aphria (TSX:APHA): Should You Buy The Trending Cannabis Stocks?
April 29, 2021 09:56 AM EDT| By Team Kalkine MediaSummary Canadian pot stocks shot up notably on Wednesday, April 28. Stocks of cannabis producers Aphria Inc (TSX:APHA) and HEXO Corp. (TSX:HEXO) rocketing by about nine and 13 per cent, respectively. HEXO stocks skyrocketed by 177 per cent in .....
MNMD Stock: Psychedelic Drug Maker Mind Medicine Debuts On NASDAQ
April 27, 2021 12:45 PM EDT| By AnujNew York-based biotechnology company Mind Medicine Inc (MNMD:US or NASDAQ:MNMD) started trading on the NASDAQ Capital Market on Tuesday, April 27. It opened the first trading session at U$ 5.69 apiece against its OTC market’s previous close pr...
Fire & Flower (TSX:FAF) Q4 Revenue Jumps 157% YoY. A Buy Penny Stock?
April 27, 2021 12:00 PM EDT| By Team Kalkine MediaSummary Cannabis producer Fire & Flower Holdings Corp (TSX:FAF) reported a 157 per cent year-over-year (YoY) increase in its quarterly revenue of C$ 43.2 million in Q4 FY20. The Edmonton-based company announced its fourth quarter and fiscal.....
Numinus & Mind Medicine: 2 Psychedelic Stocks To Buy Before May
April 26, 2021 05:57 AM EDT| By AnujAlong with being a physical health crisis, COVID-19 has also hampered the mental wellbeing of people all around the world. As a result, many medical research and development (R&D) companies are turning their focus to mental health related issues...
2 Cannabis Stocks To Buy That Grew Over 50% YTD
April 25, 2021 12:26 AM EDT| By Team Kalkine MediaSummary The year-to-date (YTD) return of S&P/TSX Cannabis Index is over 30 per cent. This comes after cannabis sales hit record numbers, amounting to about C$ 2.62 billion, in 2020. While cannabis revenue reportedly dipped by over five per.....
3 Pot Stocks You Can Buy That Cost Less Than A Dollar!
April 23, 2021 03:00 AM EDT| By Team Kalkine MediaSummary A Statistics Canada study has revealed that the country’s legal recreational pot market saw sales worth C$ 2.62 billion in the pandemic-ridden year of 2020. The surge came as a large mass of consumers switched from illicit to lega.....
Canada’s Pot Sales Shot Up 120% In 2020. What’s In Store For 2021?
April 15, 2021 04:41 AM EDT| By Shreya BiswasSource: Stereo Lights, Shutterstock As the novel coronavirus corroded through life as we knew it last year, a massive number of Canadians turned to the purchase of cannabis. By the time the year ended, Canada’s legal recreational pot mark...
