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Cannabis
Canopy Growth: Is there more room for growth in WEED stock?
July 23, 2021 08:39 PM AEST| By Shreya BiswasStocks of Canopy Growth Corporation (TSX: WEED) closed at C$24.93 on Thursday, July 22, down nearly 3 per cent. The stock is nearly 65 per cent below its 52-week high of C$ 71.70 (February 10, 2021) and nearly 36 per cent above its 52-week low of C$...
6 Canadian pot stocks to buy that can grow like a weed
July 16, 2021 08:37 PM AEST| By Ipsita SarkarSummary The 2018 legalization of recreational cannabis in Canada saw pot producers in the country note a massive boom in their businesses. Now, with the US looking at a federal legalization of adult recreational marijuana use, pot manufacturers.....
Canadian pot stocks wibble-wobble as US moves closer to legalize weed
July 15, 2021 01:16 AM AEST| By AnujSummary The US government floated the draft bill to legalize recreational marijuana federally on July 14. Meanwhile, Canadian pot stocks have responded disproportionately. Tilray’s stock was up almost two per cent intraday. In contrast, .....
Top 10 cannabis stocks to buy in 2021
July 09, 2021 03:09 AM AEST| By Ipsita SarkarCanada’s cannabis market is among the top performing ones in the country, having recorded sales worth around C$ 2.6 billion in 2020. The pandemic, which wrecked operations for most businesses, saw cannabis sales fly in the country last year as...
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Can investors 'fly high' with NUMI stock in future?
July 07, 2021 12:22 AM AEST| By Raza NaqviNuminus Wellness Inc. (TSXV:NUMI) Numinus Wellness Inc. (TSXV:NUMI) is set to acquire the Neurology Centre of Toronto (NCT) and expand the centre into a clinical neurology treatment centre, the company announced on Tuesday, July 6. Numinus is a.....
Best psychedelic stocks to explore in Canada
June 29, 2021 10:32 PM AEST| By Raza NaqviThe growing enthusiasm around psychedelic drugs as a treatment for mental illness is likely to bring a massive change in this evolving sector. Amid an expanding wave of research studies, people are becoming more aware of the benefits of these drugs a...
MindMed (MNMD) & 3 more psychedelics stocks to trip on in 2021
June 25, 2021 02:01 AM AEST| By Raza NaqviPsychedelics have evolved over the years and now they are being considered as a potential tool to treat mental illness and addiction issues. The entire psychedelics industry is under the spotlight in North America amid increased acceptance and growi...
Hexo (TSX:HEXO) stock tumbles over 6%: Buy or Sell?
June 15, 2021 01:09 AM AEST| 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 12, 2021 01:05 AM AEST| 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 03, 2021 12:07 AM AEST| 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 06:09 PM AEST| 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?
June 01, 2021 02:34 AM AEST| 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 29, 2021 02:45 AM AEST| 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 29, 2021 12:46 AM AEST| 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 26, 2021 03:20 AM AEST| 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 22, 2021 02:51 AM AEST| 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 19, 2021 02:33 AM AEST| 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 08:40 PM AEST| 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 09:48 PM AEST| 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 04, 2021 02:54 AM AEST| 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...
Canadian AI All-Stars: Unveiling the Top Stocks for 2025