Cannabis stocks rally ahead of Tilray earnings

Cannabis stocks were higher Monday, as investors reacted to the latest tie-ups in the sector and awaited the release of quarterly earnings from Tilray Inc. after the close.

Analysts polled by FactSet expect losses of 15 cents a share. The company was not yet public in the year-prior quarter and no data is available. In the third quarter, Tilray reported losses of 20 cents a share. Tilray is expected to report revenue of $15.9 million. The company reported third-quarter sales of $10 million.Massachusetts-based, multistate cannabis operator Curaleaf Holdings Inc.’s shares CURLF, +8.

The PRV program aims to encourage companies to invest in R&D for rare pediatric diseases. The buyer is entitled to a priority, expedited review, with the aim of helping to bring drugs to market that treat rare diseases. In regulatory news, former U.S. House Speaker John Boehner, a longtime cannabis critic who surprised investors last year when he announced he was joining the board of cannabis company Acreage Holdings and said his thinking on the subject had changed, said the U.S. government should get on board with legalization.

chernandburn Except for LHSIF ☹️

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stitch Fix stock soars 20% after earnings beat
Source: CNBC - 🏆 12. / 72 Read more »

Stitch Fix stock climbs more than 14% after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Goldman: Tesla's earnings and deliveries likely to disappoint this quarter so sell the stockGoldman's 12-month price target is $210, representing a 25 percent drop from here. For a quarter? Is they how far they look ahead? i sold at 345...I said it was going to 195 2 months ago No thanks Goldman you fud starter
Source: CNBC - 🏆 12. / 72 Read more »

Semtech stock halted after earnings beat, weak guidance
Source: MarketWatch - 🏆 3. / 97 Read more »

MongoDB stock gains 12% after earnings beat, bullish guidance.BackAftaThis MikeFrancesa Not bad at all.
Source: MarketWatch - 🏆 3. / 97 Read more »

Adobe stock falls after earnings and revenue beat consensus estimates
Source: MarketWatch - 🏆 3. / 97 Read more »

Oracle's near-record high stock wobbles after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Docusign stock falls after earnings and revenue beatDocusign Inc. shares fell more than 7% in the extended session Thursday after the e-signature company topped consensus estimates for earnings and issued... Tech is in trouble. Bc a LOT like the tech bubble of the 90’s a bunch of VCs & angel investors spent BILLIONS on tech startups seriously believing we’d be living in a totally automated world by now. But ppl are BROKE & reality is crashing down, on the tech startups AND big names
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer Remix: I need to see better earnings before recommending this stockJim Cramer explains why he will not recommend Ford until the company puts up more than one good quarter.
Source: CNBC - 🏆 12. / 72 Read more »