Cannabis Stocks

Canopy Growth (TSX:WEED) is rising. Is the pot stock a safe bet?

 Canopy Growth (TSX:WEED) is rising. Is the pot stock a safe bet?

Stocks of Canopy Growth Corporation (TSX:WEED) surged by about two per cent at market open on Tuesday, September 7, despite the lack of any official announcement from the company. At the time of writing this, over 228,000 WEED shares had traded ha...

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Updated: High Tide's (TSXV:HITI) Tsunami Sweeps Market, Up 1400%!

Updated: High Tide's (TSXV:HITI) Tsunami Sweeps Market, Up 1400%!

  • May 13, 2021 06:40 AM EDT
  • Anuj

Stocks 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...

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Sundial All Set To Acquire Inner Spirit (CSE:ISH): Buy Alert?

Sundial All Set To Acquire Inner Spirit (CSE:ISH): Buy Alert?

Summary 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...

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Tetra Bio (TSX:TBP) Stocks Rocket As REDUVO Gets Health Canada’s Nod

Tetra Bio (TSX:TBP) Stocks Rocket As REDUVO Gets Health Canada’s Nod

  • May 03, 2021 12:54 PM EDT
  • Anuj

Stocks 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?

HEXO & Aphria (TSX:APHA): Should You Buy The Trending Cannabis Stocks?

Summary 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 ...

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MNMD Stock: Psychedelic Drug Maker Mind Medicine Debuts On NASDAQ

MNMD Stock: Psychedelic Drug Maker Mind Medicine Debuts On NASDAQ

  • April 27, 2021 12:45 PM EDT
  • Anuj

New 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...

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Fire & Flower (TSX:FAF) Q4 Revenue Jumps 157% YoY. A Buy Penny Stock?

Fire & Flower (TSX:FAF) Q4 Revenue Jumps 157% YoY. A Buy Penny Stock?

Summary 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...

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Numinus & Mind Medicine: 2 Psychedelic Stocks To Buy Before May

Numinus & Mind Medicine: 2 Psychedelic Stocks To Buy Before May

  • April 26, 2021 05:57 AM EDT
  • Anuj

Along 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 ...

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2 Cannabis Stocks To Buy That Grew Over 50% YTD

2 Cannabis Stocks To Buy That Grew Over 50% YTD

Summary 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...

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3 Pot Stocks You Can Buy That Cost Less Than A Dollar!

3 Pot Stocks You Can Buy That Cost Less Than A Dollar!

Summary 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...

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Canada’s Pot Sales Shot Up 120% In 2020. What’s In Store For 2021?

Canada’s Pot Sales Shot Up 120% In 2020. What’s In Store For 2021?

Source: 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...

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