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Pot stocks turn lower, head for 7th straight loss; Aurora Cannabis seesaws to gainMarijuana stock investors may have to wait a little longer for a reason to cheer, as an early bounce faded Wednesday, placing the sector in danger of a seventh straight decline.
Source: MarketWatch - 🏆 3. / 97 Read more »
Pot stocks pummeled again, as Aurora Cannabis falls on NYSE debutMarijuana stocks take another broad beating Tuesday, as the sector heads for a sixth straight loss.
Source: MarketWatch - 🏆 3. / 97 Read more »
Aurora Cannabis' earnings surge by 2,800% after it produces 11,000 pounds of pot in 3 monthsAurora Cannabis reported on Monday that revenue jumped 260 percent over the last 12 months, with kilograms produced climbing to 4,996 from 1,010 over the past year. much like pot in brownies, it looks like the earnings were baked in. Time to short then
Source: CNBC - 🏆 12. / 72 Read more »
Aurora Cannabis is buying an organic medical marijuana company in the latest pot M&A tie-upAnalysts say the deal gives Aurora a leg-up on branding power, as advertising is heavily restricted in the Canadian marijuana industry. How to Invest in Crypto Coins? Buy DeepOnion getdeeponion $ONION
Source: BusinessInsider - 🏆 729. / 51 Read more »
One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s whyWhen Californians voted in 2016 to allow the sale of recreational marijuana, advocates of the move envisioned thousands of pot shops and cannabis farms obtaining state licenses, making the drug easily available to all adults within a short drive. But the legal market hasn't performed as imagined. 😂😂😂😂😂😂 It will take some time in California. The dealers have been well established in that state, as well as the cartels. Maybe it’s the 35% tax on top of already outrageous prices...
Source: latimes - 🏆 11. / 82 Read more »
Canadian market celebrates pot stocks on first day of legal recreational cannabis salesTrading of cannabis stocks has been a part of life for years on Canada’s major exchange, but Wednesday morning’s official kickoff of recreational cannabis sales in the country was still a cause for a celebration. Time for Canada to expunge all MJ possession charges. Weapons charges should remain.
Source: MarketWatch - 🏆 3. / 97 Read more »