Canopy Growth Stock
Acreage Holdings Stock Prediction As the years go on, we're seeing more and more major deals take place in the legal marijuana industry. The latest one, between Canopy Growth Corp (NYSE:CGC) and Acreage Holdings Inc (OTCMKTS:ACRGF, CNSX:ACRG.U), already has many investors excited about what the deal means for…
Marijuana News Today The marijuana news today has us looking at the long-term effects of a major cross-border pot deal, including how it could help push legalization. The deal in question, of course, is the acquisition of Acreage Holdings Inc (OTCMKTS:ACRGF, CNSX:ACRG.U) by Canopy Growth Corp (NYSE:CGC). Announced…
Marijuana Stock Resiliency One thing I've noticed in 2019 is that marijuana stocks have been—so far, at least—extremely resilient. Whereas in 2018, they were prone to rapid shifts in fortune, that volatility seems to have been replaced by steady and sustained gains. While this could just be an…
Marijuana News Today The marijuana news today is positive all around as the U.S. continues to edge toward marijuana legalization while the pot stock market stages a strong comeback. A number of recent studies have shown that support for marijuana legalization in the U.S. is at an all-time…
Canopy Growth Joins S&P/TSX 60 In another huge victory for the industry-leading Canopy Growth Corp (NYSE:CGC), Canopy will now join the S&P/TSX 60 and will be the first marijuana company to be added to the Canadian index of large-cap stocks. CGC stock climbed after the news, and I…
Marijuana News Today In recent weeks, I've written much about how the legalization process in Canada has gone somewhat awry due to heavy government regulation. But in the marijuana news today, we have a dose of good news for pot stock investors: more people in Canada are trying…
Marijuana News Today The marijuana news today has us seeing marijuana companies struggle with the increased price of pot in Canada in the wake of legalization. While we've seen huge jumps in sales across the board for most pot companies post-Canadian legalization, governments (federal and provincial) have in…
Marijuana News Today While it has been a downer of a day in the pot stock market, the marijuana news today is very positive when it comes to the political side of things, namely U.S. marijuana legalization. That's because big banks have come out in force to support…
CGC Stock vs. TLRY Stock When it comes to the top marijuana stocks, there are only a few names that belong in the conversation. Canopy Growth Corp (NYSE:CGC) and Tilray Inc (NASDAQ:TLRY), being among the largest companies by market cap, are naturally included in the discussion. But when…
Marijuana News Today Pot legalization in the U.S. has been on a steady march of progress so far this year, but in the marijuana news today we have our first blow to the movement in 2019 as New York drops the potential marijuana legalization from its budget. New…
CGC Stock Progression Sometimes it helps to look back. The past, after all, can often inform the future. This truism holds in the stock market as well. Canopy Growth Corp (NYSE:CGC) has seen massive growth over the past three years. CGC stock has seen over 2,000% growth in…
Marijuana News Today The marijuana news today should have marijuana investors celebrating: most of the major Democratic Party nominees for president have come out in support of a U.S. marijuana legalization bill that was reintroduced yesterday afternoon. The Marijuana Justice Act would remove marijuana as a Schedule I…
Canopy Growth Deal Could Open Global Retail Pot Market Canopy Growth Corp (NYSE:CGC) reported stellar third-quarter results on February 14, setting the hearts of cannabis bulls aflutter. Since then, the company has given marijuana investors ever more reason to cheer. Canopy Growth announced that it will be working…
Marijuana News Today October 17, 2019 is looking to be another big day for pot stocks as Canada sets the date for edibles to be legalized. But the marijuana news today has critics saying the proposed regulations take things too far. In what has been a common story…
Marijuana News Today The marijuana news today is mostly full of good news, with several companies getting positive assessments from analysts while Tilray Inc (NASDAQ:TLRY) makes a big push into the U.S. cannabidiol (CBD) market with its latest acquisition. Since most of the news is marijuana-stock-specific today, rather…
Canopy Growth Q3 2019 Earnings When it comes to marijuana stocks, the beginning of 2019 has been nearly the exact opposite of last year. Whereas 2018 saw a mass decline in the pot stock market, 2019 has seen marijuana stocks across the board register healthy gains. One stock…
Marijuana News Today We have big news coming out of Europe in the marijuana news today, as the European Union (EU) parliament voted on a resolution to encourage the adoption of medical marijuana regulation across the largest economic market in the world. (Source: "European Parliament Passes Cannabis Resolution,…
Marijuana News Today The marijuana news today has some good news coming our way via the Rockies, while the pot stock market saw gains across the board. Colorado marijuana sales have surpassed $6.0 billion since the state legalized pot back in 2014, while taxes generated by the weed…
From: Michael Lombardi, MBA