Cannabis
Aphria (TSX:APHA) Reports 99% YoY Net Cannabis Revenue Growth, Stocks Surge
January 14, 2021 10:15 AM EST| By Hina ChowdharySummary Aphria’s net cannabis revenue ballooned by 99 per cent YoY to C$ 67.9 million in Q2 2021, as per the latest quarter reports released on Thursday. Gross revenue for the company’s adult-use cannabis products soared by a record.....
Canopy (TSX:WEED), Aphria (TSX:APHA) & HEXO Stocks Gain With Green Wave
January 11, 2021 04:51 AM EST| By Team Kalkine MediaWith the United States set to legalize marijuana federally, year 2021 is likely to be a game-changer for the North American cannabis industry. The legalization will open up a range of prospects for the Canadian cannabis companies. Alongside, the US-b...
HempFusion’s (TSX:CBD.U) Rocking Debut Sets Tone For Upcoming Pot IPOs
January 09, 2021 03:50 AM EST| By Kunal SawhneySummary HempFusion Wellness raised US$ 17 million from its initial public offerings on the TSX. Stocks of cannabidiol firm rocketed 65 per cent on debut day, led by the promising legislative development in the US. Its first-day trading volume .....
ICLN & HMMJ: Taking Stock Of Trending ETFs
January 07, 2021 08:53 AM EST| By Team Kalkine MediaSummary Energy and Cannabis exchange traded funds (ETFs) rallied on Wednesday, buoyed by the blue wave in the US Senate. iShares S&P Global Clean Energy soared over 7 per cent as Saudi Arabia announced to cut its oil production starting in .....
Canopy, Aphria, Aurora: Pot Stocks Rally Ahead of Joe Biden's Swearing-in
January 05, 2021 09:14 AM EST| By Kunal SawhneySummary Canadian investors are eager to find out how the new leadership in the US will impact the stock markets. Canopy Growth stocks shot up nearly seven per cent on Monday, riding the pot rally on Monday. Trending stocks of Aphria climbed ne.....
HEXO & Aphria: 2 Pot Stocks Under C$10
December 28, 2020 12:50 AM EST| By Hina ChowdharyIt has been a remarkable second half of 2020 for the cannabis industry. Investors have been betting big on the pot stocks with hopes of the US legalizing marijuana at federal level. The entire cannabis industry is on the verge of massive ex.....
2 Trending Pot Stocks: Canopy Growth (TSX:WEED) & Aphria (TSX:APHA)
December 22, 2020 08:49 AM EST| By Kunal SawhneySummary Canopy Growth stocks yielded 34 per cent returns in 2020. The stock is offering earnings per share of C$ 0.59. Aphria stocks are up by 50 per cent YTD. The pot firm stocks are trading actively across the Canadian market on the back of i.....
Confirmed! Aphria & Tilray Merging To Form ‘World’s Biggest Cannabis Company’
December 16, 2020 08:58 AM EST| By Hina ChowdharySummary Canadian cannabis producers Aphria Inc and Tilray Inc confirmed on Wednesday that they will be joining forces to build the “largest global cannabis company”. The merged company’s pro forma equity value is estimated to .....
Aphria Inc (TSX: APHA) & Tilray On The Verge Of A Merger?
December 16, 2020 03:43 AM EST| By Kunal SawhneySummary Cannabis manufacturers Aphria Inc and Tilray Inc are said to be heading for a merger. If its latest merger deal goes through, the combination of Tilray Inc and Aphria Inc would form the largest cannabis company in Canada. The two pot c.....
5 Top Cannabis Stocks In 2020
December 14, 2020 08:06 AM EST| By Hina ChowdharySummary Cannabis stocks noted a growth in trading activities in the wake the advancement in the COVID-19 vaccine trials and Democrat Joe Biden’s presidential victory in the US. Aphria Inc stocks climbed over 50 per cent year-to-date and n.....
Canopy Growth (TSX:WEED) Stock Plunges Over Plant Shutdown & Layoff Plans
December 10, 2020 09:32 AM EST| By Kunal SawhneySummary Canopy Growth is shutting down five plants and will lay-off nearly 220 employees The pot firm aims to improve its profitability with this cost-cutting measure. Canopy stocks (TSX:WEED) declined over 5 per cent following the announcemen.....
Why Cannabis Stocks, Aurora (TSX:ACB) & GTEC, Are Trending?
December 08, 2020 05:13 AM EST| By Team Kalkine MediaSummary Aurora stocks have returned over 35 per cent in the last three months. GTEC stocks have soared over 18 per cent in the last three months. The EU may authorize cannabis for medical use in the next 18 months, said Aurora in its exchange .....
5 Penny Stocks To Explore Ahead Of Biden Bull Market
December 07, 2020 12:44 PM EST| By Hina ChowdharySummary With Joe Biden to be sworn-in as the 46th President of the United States, the stage seems to be set for a stock market bull run. Canopy Rivers (TSX: RIV), Auxly Cannabis (TSXV: XLY), and Numinus Wellness (TSX: NUMI) are three Canadian p.....
Why Are Smallcap Pot Stocks HEXO, Sundial Grower, Charlotte Web Trending?
December 03, 2020 07:04 AM EST| By Hina ChowdharySummary Charlotte's Web stocks shot up over six per cent on Wednesday, December 2. HEXO stocks shot up by nearly 72 per cent in the last six months and by almost 66 per cent in the last three months. In November, Sundial Growers stocks balloon.....
Hexo & Aphria (TSX:APHA): 2 Trending Pot Stocks
December 01, 2020 04:28 AM EST| By Team Kalkine MediaSummary HEXO’s stock has rallied by nearly 175 per cent since the pandemic-led meltdown on March 19. HEXO’s 10-day average stock trading volume is 4.27 million units. Aphria stocks have zoomed over 260 per cent since the pandemic-l.....
Aurora Cannabis & Aphria Inc: Why Are The 2 TSX Pot Stocks Trending?
November 27, 2020 03:44 AM EST| By Team Kalkine MediaSummary Aurora Cannabis recently partnered with Israeli medical marijuana company Cantek. Stocks of Aurora Cannabis have climbed almost 110 per cent in November. Canadian pot company Aphria Inc announced that it is acquiring US-based Brewing C.....
Which Two Midcap Pot Stocks Are On Investors’ Radar?
November 25, 2020 01:49 AM EST| By Team Kalkine MediaAs investors awaited results of US election 2020, cannabis stocks were the clear gainers. The US states of Arizona, Montana, South Dakota, and New Jersey have already legalized the recreational use of cannabis. Pot firms are now celebrating US Pres.....
The Green Organic Dutchman, Charlotte's Web, & Village Farms: 3 Smallcap Pot Stocks
November 13, 2020 12:05 AM EST| By Team Kalkine MediaCannabis stocks are soaring as the new president-elect of the United States is expected to ease cannabis sales restrictions. New York State is also already set to legalize recreational cannabis this year. Pot stocks are gaining good traction on the.....
Pot Stocks Rally As Cannabis Producers Set Sights on Green Wave in US
November 06, 2020 08:40 AM EST| By Team Kalkine MediaSummary New York State’s governor Andrew Cuomo expressed probability of legalizing recreational pot next year. Canadian pot producers have their sights set on entering the lucrative US cannabis market, and once the recreational pot gets l.....
Cannabis Stocks Rally Ahead Of US Election 2020 Results: Aphria, Canopy Growth, Aurora
November 04, 2020 11:30 AM EST| By Hina ChowdharyCanadian cannabis stocks, including those of Aurora Cannabis (TSX: ACB), Canopy Growth (TSX: CGC) and Aphria Inc (TSX: APHA), rode high in the markets this week. The rally comes just as the anticipation around the US presidential election results p.....