Canopy Growth Stock
Marijuana News Today The marijuana news today is largely the massive drop we're seeing across the board among pot stocks. Many shares were down by over five percent to start the week, signaling the first real pullback in the marijuana stock market since the beginning of 2019. While…
Marijuana News Today In the marijuana news today, we have the expansion of medical marijuana laws in Texas while the pot stock market stages a rally following a tough start to the week. In the "Lone Star State," we see continued progress made on the state level toward…
Marijuana News Today It's bittersweet in the marijuana news today as we look at the cannabidiol (CBD) market's popularity in Canada leading to another shortage of cannabis products across the country. The Canadian marijuana market has been fighting shortages ever since it opened over half a year ago.…
Marijuana News Today The marijuana news today has us seeing pot stocks generally trend upward as we see the largest acquisition between two U.S. cannabis companies. The acquisition in question will see Curaleaf Holdings Inc (OTCMKTS:CURLF, CNSX:CURA) buy Cura Partners Inc. in a stock deal valued at $950.0…
Canopy Growth Stock Soars in 2019 While the year has been, overall, fantastic for marijuana stocks, one company above all others has stood out: Canopy Growth Corp (NYSE:CGC). While CGC stock hasn't necessarily outperformed all its competitors in terms of gains, it has made the biggest strides toward…
Marijuana News Today The marijuana news today has us looking toward Washington, D.C. as the presence of cannabis lobbyists grows, signaling that the push for pot legalization in America is continuing to gain steam. Lobbying is not the most celebrated of jobs (in fact, it is often railed…
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…
CGC Stock Enters U.S. It's no secret that I've been a strong supporter of Canopy Growth Corp (NYSE:CGC), and so far, Canopy Growth stock hasn't disappointed. It has gained the support of a number of Wall Street banks, analysts, and investors as it continues to dominate the legal…
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…
From: Michael Lombardi, MBA