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Want More Green? Buy These 3 Red-Hot Cannabis Stocks Today.
InvestorPlace· 2024-04-23 18:44
Cannabis stocks may be some of the most controversial investment ideas. But they are also turning out to be one of the most profitable. For example, over the last few weeks, related stocks like Canopy Growth (NASDAQ:CGC) ran from a low of $2.75 to a high of $11.57. And while CGC recently pulled back to $6, it’s just starting to pivot higher again.All thanks to growing U.S. support for legalization — with 88% of the public believing it should be legal for medicinal and recreational use. Florida may soon lega ...
Aurora Cannabis Inc. (ACB) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-04-20 07:20
股价表现 - Aurora Cannabis Inc. (ACB)最新收盘价为$6.46,较前一个交易日下跌了1.15%[1] - 近一个月来,该公司股价上涨了70.18%[2] 财务预期 - 投资者将密切关注Aurora Cannabis Inc.即将发布的财报,预计每股收益为-0.18美元,同比增长88%[3] 分析师观点 - 分析师对公司的业务健康和盈利能力持乐观态度[4]
April 2024's Hot Picks: Top Canadian Cannabis Stocks To Watch Now
MarijuanaStocks· 2024-04-16 21:00
Leading Canadian Cannabis Companies to ConsiderAs we move into mid-April 2024, Canadian marijuana stocks are capturing the attention of investors, given the ongoing developments and shifts in the global cannabis market. Stocks like Tilray, Canopy Growth, and Aurora Cannabis are notable for their robust international operations and diverse product lines. Tilray, for example, has expanded its presence in the U.S. through acquisitions like MedMan, positioning it well to capitalize on potential market expansion ...
Why Marijuana Stocks Got Burnt Today
The Motley Fool· 2024-04-10 01:31
If even Tilray can't make money from marijuana, what hope does any company have?Tuesday is turning into a lousy day to own marijuana stocks, as bad news from cannabis company Tilray Brands (TLRY -19.30%) is taking a toll on pretty much every other marijuana stock out there. Tilray reported a miss on sales this morning and a $0.12 per-share net loss.Shares of Cronos Group (CRON -1.86%), Canopy Growth (CGC -8.74%), and Aurora Cannabis (ACB -8.55%) are all suffering as a result, down 3.5%, 7.8%, and 8.5%, resp ...
Why Canopy Growth, Cronos, and Aurora Cannabis Stocks Popped on Monday
The Motley Fool· 2024-04-09 00:15
What is the safest way to bet on SAFER marijuana banking reform?Marijuana stocks glowed green again on Monday due to news of progress on marijuana banking reform in Congress. According to Senate Majority Leader Chuck Schumer (D-N.Y.), the Senate is on course to pass new cannabis banking rules in the not-too-distant future. And while we've heard this song before, investors are starting to hum along again anyway.As of 10:35 a.m. ET, shares of Canopy Growth (CGC -0.07%) were up about 0.3%, Cronos Group (CRON 0 ...
2 Stocks to Watch Under $20: Aurora Cannabis and Paramount Global
Schaeffers Research· 2024-04-05 03:08
Depending on who you ask, a recession is either right around the corner or the stock market is ready to rattle off a seismic bull run. As always, the answer is probably in the middle of those two extremes. But due to uncertainty surrounding the Federal Reserve's interest rate cuts, investors are stuck in a holding pattern until more data defines the country's fiscal path.Since bargains become popular when times are uncertain, we’d like to introduce a new weekly segment: Cheap Seats. Every week, we will prof ...
Aurora Cannabis stock extends rally as industry executive becomes C3 president
Invezz· 2024-04-04 01:45
Aurora Cannabis Inc (TSE: ACB) is up another 35% on Wednesday after an industry executive became president of the Cannabis Council of Canada.What does it mean for $ACB? Copy link to section C3 picked Paul McCarthy as its president today. McCarthy has previously served as the head of corporate policy and international implementation at peer Canopy Growth. According to Rick Savone – a senior vice president of Aurora Cannabis who also chairs the Cannabis Council of Canada:We are confident that under his leader ...
Cannabis Stocks Light Up As Florida Adds Weed to November Ballots
InvestorPlace· 2024-04-03 00:08
Cannabis stocks are on the move Tuesday after the Florida Supreme Court approved the ability to add recreational marijuana use to the state’s November ballot.This measure will have residents of Florida voting for or against a new amendment that would allow the use of the drug. The court voted five to two in favor of allowing the amendment to be on the ballot.Here’s what Justice Jamie Grosshans said about the decision in a statement collected by CBS News.“Our role is narrow — we assess only whether the amend ...
Green Gold Rush: Here's What's Driving Cannabis Stocks Higher
MarketBeat· 2024-04-02 19:17
Key PointsSeveral cannabis stocks surged dramatically over the previous month, igniting the sector as gains reached double- to even triple-digits in some cases.Vice President Kamala Harris supports federal marijuana legalization and urged the DEA to reschedule the drug.Germany passed a law fully legalizing marijuana, effective April 1, including possession, home growing, and distribution among social clubs.5 stocks we like better than Canopy GrowthVarious themes and sectors garnered buzz and attention as th ...
Aurora Cannabis Commends Germany's Landmark Legalization Achievement
Prnewswire· 2024-04-01 19:00
NASDAQ | TSX: ACB The Expected De-scheduling of Cannabis to Fuel Expansion of the Medical Cannabis Market in Germany EDMONTON, AB, April 1, 2024 /PRNewswire/ -- Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) – a Canadian based leading global medical cannabis company, applauds the German government's final endorsement of cannabis legalization, marking a significant step forward in bolstering patient access to medical cannabis with the official passing of the Cannabis Act. This change presents long overdue ref ...