Constellation Brands Inc

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  • uploads///STZ ANR
    Consumer

    Do Analysts See Upside in Constellation Brands Stock?

    Constellation Brands (STZ) has a “buy” recommendation from most of the analysts covering the stock.

    By Sirisha Bhogaraju
  • uploads///PCLN
    Consumer

    Eton Park Capital opens new positions in FDO, STZ, BID, EQIX, Sells NLSN, PCLN – 13F Flash

      In this six-part series, we will go through some of the main positions Eton Park Capital traded this past quarter Eton Park Capital Management is a multi-strategy hedge fund founded in November 2004 by former Goldman Sachs partner Eric Mindich. The firm started new positions in Family Dollar Stores (FDO) , Constellation Brands (STZ), […]

    By Samantha Nielson
  • uploads///pot stocks
    Cannabis

    Cannabis Investment: How to Buy ACB, CGC, and Other Stocks

    Cannabis is a hot sector that’s constantly evolving. Right now, how to buy cannabis stocks is a question that’s likely on many investors’ minds.

    By Sushree Mohanty
  • uploads///image
    Cannabis

    Investing in CBD? Real Brands Is Making Big Moves

    The CBD market is growing, and acquisitions are heating up. Real Brands is a top, under-the-radar investment candidate that should be on your radar.

    By Real Brands, Inc. (RLBD)
  • uploads///canopy
    Consumer

    Canopy Growth Stock Rises, Oppenheimer Initiates Coverage

    Oppenheimer analyst Rupesh Parikh initiated coverage on Canopy Growth stock. The analyst gave a “perform” rating with no target price.

    By Sushree Mohanty
  • uploads///Cronos group
    Cannabis

    Cronos Group Joins Altria to Bet on Cannabidiol Market

    Cannabis company Cronos Group has expanded its presence in the US cannabidiol market through a tie-up with tobacco company Altria Group.

    By Sushree Mohanty
  • uploads///STZ Valuation
    Earnings Report

    Where STZ’s Valuation Stands Prior to Its Fiscal 4Q16 Results

    On March 31, 2017, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings multiple) of 22.2x.

    By Sirisha Bhogaraju
  • uploads///arnel hasanovic oWSXdeASg unsplash
    Cannabis

    Why Canopy Growth Isn’t Happy with Apple

    Apple removed 181 vaping-related apps due to the vape crisis in the US. Canopy Growth is not happy with Apple’s move. Let’s see why.

    By Sushree Mohanty
  • uploads///Cannabis
    Cannabis

    Cannabis Sector 2019 Review and 2020 Outlook

    Canada legalized cannabis in October 2018, so investors expected 2019 to drive marijuana sales. However, the fate of the industry took a sharp turn.

    By Sushree Mohanty
  • uploads///marijuana
    Cannabis

    Marijuana: Will Trump Have an Edge over Biden?

    With Biden strongly opposing full-scale legalization, President Trump could turn around things. President Trump might support medical marijuana legalization.

    By Sushree Mohanty
  • uploads///marijuana
    Cannabis

    Marijuana Legalization: O’Rourke Blazes His 2020 Campaign

    Democratic presidential candidate Beto O’Rourke is known for voicing his opinion on federal marijuana legalization. He supports marijuana legalization.

    By Sushree Mohanty
  • uploads///Spirits rising Market Share
    Company & Industry Overviews

    Distilled Spirits Are Growing Steadily

    Beer has been losing its market share in recent years, giving way to distilled spirits and wine.

    By Sirisha Bhogaraju
  • uploads///AdobeStock_
    Cannabis

    Canopy Growth: A Cannabis 2.0 Update

    On December 6, Canopy Growth (CGC) disclosed its rollout plans for Cannabis 2.0 products, such as chocolates, vape pens, vape cartridges, and beverages.

    By Margaret Patrick
  • uploads///Aphria
    Cannabis

    Aphria: Why Jefferies Recommends a ‘Buy’

    Aphria (APHA) reported its results for the first quarter of fiscal 2020 on October 15. Since then, the stock has fallen 7%.

    By Sushree Mohanty
  • uploads///Canopy
    Cannabis

    Canopy Gets Estimates Revised by Analysts for 2020

    Canopy Growth (CGC) (WEED) missed analysts’ estimates this year. Analysts had huge expectations from CGC after Canada allowed cannabis in 2018.

    By Sushree Mohanty
  • uploads///Cannabis
    Cannabis

    Cannabis 3.0: Is It on the Horizon?

    On October 17, Cannabis 2.0 legalized edibles, beverages, and concentrates in Canada. As the country waits for the benefits, is Cannabis 3.0 next?

    By Sushree Mohanty
  • uploads///Aurora Cannabis
    Cannabis

    Why Aurora Cannabis Stock and Peers Are Struggling

    Aurora Cannabis (ACB) had a hard time this year. ACB stock had been investors’ favorite in 2018. The stock started off 2019 on a good note

    By Sushree Mohanty
  • uploads///canopy
    Cannabis

    Canopy Growth Gets an Upgrade, Constellation Books Losses

    Canopy Growth (CGC) (WEED) received optimistic views from analysts on Monday. Seaport Global Securities upgraded the stock to “buy” from “neutral.”

    By Sushree Mohanty
  • uploads///matthias wagner QrqeusbpFMM unsplash
    Cannabis

    Why Canopy Growth Is Partnering with Drake

    The Canadian Press reported that Canopy Growth is partnering with rapper Drake to launch a new cannabis venture, the More Life Growth Company.

    By Sushree Mohanty
  • uploads///Constellation Brands
    Consumer

    Why Constellation Brands Sold Ballast Point

    Constellation Brands is selling its Ballast Point craft-beer brand and certain associated production facilities and brewpubs to Kings & Convicts Brewing Co.

    By Sirisha Bhogaraju
  • uploads///Distribution Network
    Company & Industry Overviews

    Alcoholic Beverage Industry Is Reluctant to Embrace E-Commerce

    Manufacturers in the alcoholic beverage industry can’t sell directly to consumers due to a three-tier distribution system. This discourages them from having their own e-commerce channels.

    By Sirisha Bhogaraju
  • Cannabis

    Marijuana Legalization: Minnesota Welcomes You!

    Marijuana legalization is an ongoing issue in the US. Currently, the District of Columbia and 11 states have legalized cannabis. Marijuana is still illegal for recreational use in Minnesota. However, the state’s voters might favor legalization. Minnesota voters are ready for marijuana legalization Minnesota hasn’t been able to come up with a legalization decision yet. […]

    By Adam Jones
  • uploads///Distilled spirits Imports
    Macroeconomic Analysis

    US Spirits Imports in 1Q15: Double-Digit Growth in Key Categories

    Distilled spirits imports increased by 17.8% to $1.5 billion in the first quarter of 2015, based on data provided by the Distilled Spirits Council of the United States.

    By Sirisha Bhogaraju
  • Cannabis

    Cannabis 2.0 Legalization: Canada Is Ready

    Federally, cannabis legalization saw daylight in Canada in 2018. The Cannabis Act legalized recreational marijuana in October 2018. Now, the country is all set for the second wave of legalization, Cannabis 2.0, which includes cannabis edibles, cannabis-infused beverages, extracts, and various other products. Let’s dig into this more. Canada’s second wave of legalization Next month, […]

    By Sushree Mohanty
  • uploads///cannabsis
    Cannabis

    Cannabis 2.0: Aurora Cannabis Gears Up for Edibles Market

    Cannabis 2.0 legalization will take place in Canada next month. Cannabis players are gearing up to expand in the edibles market.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Cannabis

    Was CGC a Big Mistake for Constellation Brands?

    Canopy Growth (CGC) has seen dizzying ups and gloomy downs in 2019. The stock jumped up by 79.91% from $28.92 on January 2 to $52.03 on April 29.

    By Margaret Patrick
  • uploads///STZ EPS
    Earnings Report

    Will Constellation Brands’ Fiscal 1Q17 Earnings Beat Estimates?

    For fiscal 1Q17, analysts expect Constellation Brands to deliver adjusted EPS (earnings per share) of $1.52.

    By Sirisha Bhogaraju
  • uploads///Aurora Cannabis
    Cannabis

    Why Aurora Cannabis Wants to Grow Cannabis Outdoors

    Aurora Cannabis (ACB) wants to grow cannabis outdoors. In July, it received Health Canada licenses for outdoor cultivation at two Canadian sites.

    By Sushree Mohanty
  • uploads///Chart
    Macroeconomic Analysis

    What Were SPY’s Top Stocks?

    The stocks at the top of the SPDR S&P 500 ETF (SPY) on January 7, 2016, were GAP (GPS), EQT (EQT), and Constellation Brands (STZ).

    By Renee Blakely
  • uploads///cannabis
    Cannabis

    Cannabis Legalization: The World Waits for the US

    Cannabis legalization is spreading its roots globally. Considering that other countries are legalizing marijuana, will the US follow suit?

    By Sushree Mohanty
  • uploads///Canopy Growth
    Cannabis

    What’s Canopy Growth Strategy for Growth?

    Canopy Growth has struggled this year. Despite all their strategies, cannabis companies have failed to hit revenue and profitability targets this year.

    By Sushree Mohanty
  • Financials

    Christian Leone’s Luxor Capital adds a new position in Yahoo

    Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.

    By Samantha Nielson
  • uploads///CGC
    Cannabis

    CGC: How the Future Looks Under Its New CEO

    On December 9, Canopy Growth (CGC) appointed David Klein as its new CEO effective January 14. He’s the current CFO of Constellation Brands.

    By Margaret Patrick
  • uploads///Aurora Cannabis
    Cannabis

    Aurora Cannabis: Is This the Right Time to Invest?

    Amid a subdued cannabis sector, Aurora Cannabis (ACB) stock has taken a serious hit and is down 36.4% this month. Is this the right time to invest?

    By Sushree Mohanty
  • uploads///Spirits Market By category
    Company & Industry Overviews

    Key Categories of the Spirits Market

    Whiskey is the largest category of the US spirits market with a 33% share of gross revenues. Vodka, cordials, and rum hold 25%, 11%, and 10%, respectively.

    By Sirisha Bhogaraju
  • uploads///BMC Market Share
    Company & Industry Overviews

    Alcoholic Beverages: A Key Category of the Beverage Industry

    According to the Beverage Marketing Corporation, alcoholic beverages such as beer, wine, and distilled spirits, account for 20% of the US beverage market.

    By Sirisha Bhogaraju
  • uploads///canopy growth up
    Cannabis

    Canopy Growth Might Impress Investors with Its Q4 Earnings

    Canopy Growth (NYSE:CGC)(TSE:WEED) will likely report its results for the fourth quarter of fiscal 2020 on May 29 before the market opens.

    By Sushree Mohanty
  • uploads///sam pm
    Consumer

    How Did Boston Beer Perform in 2Q16?

    Boston Beer reported fiscal 2Q16 net revenue of $244.8 million, a fall of 2.9% compared to net revenue of $252.2 million in fiscal 2Q15.

    By Gabriel Kane
  • uploads///Part
    Company & Industry Overviews

    Home Depot: Strong Growth Outlook for 2016

    Based on Home Depot’s 2016 outlook, full-year revenues would range between $86.1 and $87.1 billion, up from $83.2 billion last year.

    By Phalguni Soni
  • uploads///canopy growth
    Cannabis

    Why Canopy Growth Acquired BioSteel Sports Nutrition

    On October 2, Canopy Growth (CGC) announced its purchase of a 72% stake in BioSteel Sports Nutrition. CGC stock closed with a gain of 1.6% yesterday.

    By Sushree Mohanty
  • uploads///MPEL
    Consumer

    Luxor starts new position in Melco Crown Entertainment

    Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.

    By Samantha Nielson
  • uploads///cheers _
    Consumer

    Why Constellation Brands Has Fallen More than 12% Today

    On January 9, Constellation Brands (STZ) reported its third-quarter results before the market opened. The third quarter ended on November 30.

    By Jitendra Parashar
  • uploads///Can_ceo
    Cannabis

    Why Canopy Growth’s New CEO Popped the Stock

    Yesterday, Canopy Growth (CGC) (WEED) announced that it appointed Constellation Brands’ (STZ) CFO David Klein as its new CEO.

    By Rajiv Nanjapla
  • uploads///Price points
    Company & Industry Overviews

    Demand for Expensive Liquor Is Growing

    The performance of liquor business in 2014 reflects the premiumization trend, or a preference for better, premium, or expensive liquor brands.

    By Sirisha Bhogaraju
  • uploads///BUD US Volumes
    Earnings Report

    Anheuser-Busch InBev Continues to Face Headwinds in the US

    In June 2015, Anheuser-Busch InBev announced an investment of over $1.5 billion toward product development and sustainability efforts in the US.

    By Sirisha Bhogaraju
  • uploads///shelley pauls c_DvAfLs unsplash
    Cannabis

    The Next Big Breakout Beverage Market Has Been Identified

    Discover the under-the-radar Canadian company that is positioned to lead the upcoming wave of cannabis-infused beverages, BevCanna!

    By BevCanna
  • uploads///stz Margins
    Earnings Report

    Can Constellation Brands Afford Margin Expansion in Fiscal 1Q17?

    In fiscal 4Q16, which ended on February 29, 2016, Constellation Brands’ gross margin expanded by 100 basis points to 45.1%, driven by the company’s premiumization efforts.

    By Sirisha Bhogaraju
  • uploads///constellation brands belief canopy growth
    Cannabis

    Constellation Still Believes in Canopy Growth, Should You?

    Canopy Growth (NYSE:CGC) has always been a hot cannabis stock. The company’s deal with Constellation Brands (NYSE:STZ) makes the stock even more attractive.

    By Sushree Mohanty
  • uploads///Constellation Brands Q
    Consumer

    Constellation Brands Beats Q1 Earnings Forecast despite COVID-19

    Constellation Brands (NYSE:STZ) stock rose 6.3% on Wednesday. The company’s first-quarter adjusted EPS of $2.30 beat analysts’ forecast of $2.01.

    By Sirisha Bhogaraju
  • uploads///Constellation Brands
    Consumer

    What to Expect from Constellation Brands’ Q1 Earnings

    Today, Jefferies raised its target price for Constellation Brands (NYSE:STZ) stock before the company’s first-quarter results.

    By Sirisha Bhogaraju
  • uploads///canopy growth bofa bullish
    Cannabis

    Canopy Growth: BofA Is Bullish before Its Q4 Earnings

    While other cannabis companies have been struggling to stay afloat, Canopy Growth launched the second wave of Cannabis 2.0 products.

    By Sushree Mohanty
  • uploads///Marijuana
    Cannabis

    Constellation Brands Hikes Its Stake in Canopy Growth

    Constellation Brands (NYSE:STZ) expressed its confidence in Canopy Growth (NYSE:CGC)(TSE:WEED) by increasing its stake in the company.

    By Rajiv Nanjapla
  • uploads///constellation brands ubs
    Consumer

    Constellation Brands Stock: Why Is UBS Bullish?

    UBS is optimistic about Constellation Brands’ (NYSE:STZ) growth story. On April 7, UBS upgraded its rating to “buy” from “neutral.”

    By Sirisha Bhogaraju
  • uploads///Constellation Brands stock
    Consumer

    Constellation Brands Ends Fiscal 2020 with Strong Q4 Earnings

    Constellation Brands ended fiscal 2020 on a strong note with better-than-expected fourth-quarter results. The company reported sales of $1.90 billion.

    By Sirisha Bhogaraju
  • uploads///constellation brands upcoming earnings
    Consumer

    Will Constellation Brands’ Q4 Earnings Beat the Expectations?

    On April 1, Reuters reported that Constellation Brands (NYSE:STZ) accepted locals’ vote in Mexicali. Locals oppose the construction of a brewery.

    By Sirisha Bhogaraju
  • uploads///canopy growth
    Cannabis

    Canopy Growth: No More Cash Investment from Constellation

    Canopy Growth has enough cash on hand to survive the financial chaos in the cannabis space. Constellation Brands decided not to increase its investment.

    By Sushree Mohanty
  • uploads///canopy growth
    Cannabis

    Were Canopy Growth’s Earnings a Boon to the Cannabis Sector?

    Canopy Growth’s results for the third quarter of fiscal 2020 were a boon to the struggling cannabis sector. The cannabis sector had a hard time in 2019.

    By Sushree Mohanty
  • uploads///cannabis comeback
    Cannabis

    Constellation Brands Still Believes in the Cannabis Boom

    Could the cannabis sector boom again? Many investors and analysts are asking this question in 2020. The sector bottomed out in 2019.

    By Sushree Mohanty
  • uploads///constellation brands
    Consumer

    Constellation Brands’ Q3 Earnings Impressed Investors

    Constellation Brands (NYSE:STZ) stock gained 3.6% on January 8 after the company beat analysts’ earnings forecast for the third quarter of fiscal 2020.

    By Sirisha Bhogaraju
  • uploads///Constellation Brands
    Consumer

    What to Expect from Constellation Brands’ Q3 Earnings

    Constellation Brands (STZ) is scheduled to release its earnings results for the third quarter of fiscal 2020 on January 8.

    By Sirisha Bhogaraju
  • uploads///AdobeStock_
    Cannabis

    CGC Has These Analysts Feeling Pessimistic

    Cannabis stocks such as Aurora Cannabis (ACB), Canopy Growth (CGC), Cronos Group (CRON), and Aphria (APHA) were some of the worst-hit stocks in 2019.

    By Margaret Patrick
  • uploads///canopy growth
    Cannabis

    Canopy Growth Has Life, Say These Managers

    On January 6, Canopy Growth rose 0.74% to 26.02 Canadian dollars on the Toronto Stock Exchange. It was also up 0.90% to $20.08 on the NYSE.

    By Margaret Patrick
  • uploads///Canopy Growth
    Cannabis

    A Look at Canopy Growth’s Acquisition Portfolio

    Canopy Growth has focused on its acquisition strategy since Canada legalized cannabis in 2018, expanding its medical cannabis market in Europe and globally.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Cannabis

    Valuation Update for Cannabis Stocks in December 2019

    The cannabis industry faces regulatory obstacles in Canada and legal risks in international markets. Valuations of these stocks are close to all-time lows.

    By Margaret Patrick
  • uploads///OWW
    Consumer

    Luxor Capital adds new position in Orbitz Worldwide

    Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.

    By Samantha Nielson
  • uploads///RCAP
    Financials

    Luxor Capital ups stake in RCS Capital

    RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.

    By Samantha Nielson
  • uploads///BJRI
    Consumer

    Luxor Capital adds to position in BJ’s Restaurants

    In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.

    By Samantha Nielson
  • uploads///ASPS
    Financials

    Luxor Capital raises stake in Altisource Portfolio Solutions

    Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.

    By Samantha Nielson
  • uploads///AAMC
    Financials

    Luxor Capital ups position in Altisource Asset Management

    Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.

    By Samantha Nielson
  • Financials

    Luxor Capital’s new positions in 2Q14

    As of the end of 2Q14, Luxor Capital’s U.S. long portfolio was worth $5 billion, slightly down from $5.07 billion in 1Q14.

    By Samantha Nielson
  • uploads///canopy growth
    Cannabis

    Canopy Growth: Why Is Constellation Brands Cutting Its Losses?

    On November 22, Canopy Growth’s shares fell when Constellation Brands announced that it doesn’t plan to invest more in the company.

    By Sushree Mohanty
  • uploads///banter snaps iLBNFjeoM unsplash
    Cannabis

    Canopy Growth Technical Analysis Looks Bullish

    I’ll take a look at Canopy Growth’s technicals and options activity to see if the stock price currently represents an attractive entry level.

    By Oleksandr Pylypenko
  • uploads///davey heuser ZXqEDTEk unsplash
    Cannabis

    Red Alert for Green Stocks: Aurora and Cannabis Calamity

    It’s been quite the whipsaw week for cannabis stocks, to put it mildly. First, there was the “Drake spike.” Then came the earnings disappointments.

    By David Moadel
  • uploads///hexo
    Cannabis

    HEXO: Legal Cannabis Might Not Kill Illegal Market

    In the fourth-quarter earnings call, HEXO discussed how it thinks that legal cannabis won’t solve the problem with the illegal market in Canada.

    By Sushree Mohanty
  • uploads///ESNt
    Consumer

    Why did George Soros open a new position in Essent Group?

    Essent Group Ltd. saw an IPO on October 31 2013 that raised $335 million. The company sold 19.7 million shares in the IPO at $17 per share.

    By Samantha Nielson
  • uploads///FDO
    Consumer

    Eton Park Capital opens new positions in FDO, STZ, BID, EQIX, Sells NLSN, PCLN – 13F Flash

    In this six-part series, we will go through some of the main positions Eton Park Capital traded this past quarter Eton Park Capital Management is a multi-strategy hedge fund founded in November 2004 by former Goldman Sachs partner Eric Mindich. The firm started new positions in Family Dollar Stores (FDO) , Constellation Brands (STZ), Sotheby’s (BID), […]

    By Samantha Nielson
  • uploads///cannabis
    Cannabis

    Cannabis: Kraft Heinz Marks Warren Buffett’s Entry

    Cannabis is an evolving sector. Recently, Warren Buffett entered the space following Kraft Heinz’s (KHC) newest investment in Flowhub.

    By Sushree Mohanty
  • uploads///Aurora cannabis
    Cannabis

    Aurora Cannabis: Why Investors Must Watch Its Debt

    Currently, Aurora Cannabis (ACB) has a market capitalization of $3.8 billion. However, its increasing debt load is becoming a concern.

    By Sushree Mohanty
  • uploads///Canopy growth
    Cannabis

    Canopy Growth: Is $1 Billion in Sales Still Possible?

    Analysts expect Canopy Growth’s fiscal 2021 revenues to be around 0.99 billion Canadian dollars, which doesn’t paint a good picture of the company.

    By Sushree Mohanty
  • uploads///cannabis
    Cannabis

    Cannabis Stocks’ Dilemma: Rising Black Market Sales

    Cannabis stocks have been on a roller coaster ride in 2019. The marijuana industry continues to evolve. Regulations play a vital role in the industry.

    By Sushree Mohanty
  • uploads///Aurora cannabis
    Cannabis

    Aurora Cannabis and EnWave Signed an Agreement

    So far, Aurora Cannabis has struggled this year. On Tuesday, the company signed an exclusive and royalty-bearing commercial license agreement with EnWave.

    By Sushree Mohanty
  • uploads///cannabis
    Cannabis

    Cannabis Sector: Piper Jaffray Favors Canopy and Cronos

    Piper Jaffray analyst Michael Lavery thinks that Canopy Growth and Cronos Group have good positions in the industry. They have strong cash positions.

    By Sushree Mohanty
  • uploads///Canopy Growth
    Cannabis

    Jim Cramer: Canopy Growth Needs a Packaged Goods CEO

    In the lightning round on Mad Money last week, Jim Cramer said that Canopy Growth needs a packaged goods CEO to make the stock price go up.

    By Sushree Mohanty
  • uploads///Hexo
    Cannabis

    Why Did HEXO Rise 17% on Thursday?

    Hexo (HEXO) had a hard time last week. A lot of headwinds pulled the stock down. However, the stock rose and closed with a gain of 17% on Thursday.

    By Sushree Mohanty
  • uploads///cannabis
    Cannabis

    Cannabis Scandal Radar: Is Tilray Next?

    Scandals have engulfed the sector many times, especially for CannTrust, Curaleaf, and Hexo. Could Tilray be next on the cannabis scandal radar?

    By Sushree Mohanty
  • uploads///canopy growth
    Cannabis

    Canopy Growth: Constellation’s Presence Can’t Be Ignored!

    On Thursday, Canopy Growth announced that Constellation’s CFO David Klein will be the new chairman of its board effective immediately.

    By Sushree Mohanty
  • uploads///cannabis_
    Cannabis

    Cannabis Roundup: HEXO, CGC, APHA, and TLRY

    At 1:30 PM ET, the S&P 500 Index and the Dow Jones Industrial Average were up 0.5% and 0.4%, respectively. However, the cannabis sector was down.

    By Rajiv Nanjapla
  • uploads///Aurora Cannabis
    Cannabis

    Aurora Cannabis: New Product Launch with CTT Pharma

    Aurora Cannabis (ACB) strengthened its footing in the medical cannabis industry by launching a new product. The stock rose 2.1% in pre-market trading today.

    By Sushree Mohanty
  • uploads///Hexo
    Cannabis

    Hexo: Why Did BofA Double Downgrade the Stock?

    Hexo announced that CFO Michael Monahan resigned. As a result, Bank of America Merrill Lynch double downgraded the stock on Monday.

    By Sushree Mohanty
  • uploads///canopy growth
    Cannabis

    Canopy Growth: Good Investment for Constellation Brands?

    Despite the losses, Constellation Brands still has an optimistic outlook for Canopy Growth. The company is happy with Canopy Growth’s progress.

    By Sushree Mohanty
  • uploads///
    Cannabis

    Cannabis Roundup: STZ, CURLF, MMNFF, and ACB

    Today, the US markets were trading in the green on the expectation of rate cuts. The cannabis ETFs and the majority of cannabis stocks were also up today.

    By Rajiv Nanjapla
  • uploads///Acreage
    Cannabis

    Acreage Holdings: Analysts’ Target Price and Ratings

    Acreage Holdings stock has fallen 57% year-to-date. The stock has fallen approximately 28% since it reported its second-quarter earnings.

    By Sushree Mohanty
  • uploads///cannabis
    Cannabis

    Cannabis: House to Vote on US Banking Bill

    The SAFE Banking Act is gaining traction again, as House Majority Leader Steny Hoyer is expected to bring the banking bill to the House floor for a vote.

    By Sushree Mohanty
  • uploads///Canopy Growth
    Cannabis

    Canopy Growth: Bruce Linton Is Buying, Should You?

    Bruce Linton, Canopy Growth’s (CGC) (WEED) former co-CEO, has acquired more stock in the company. Overall, analysts favor a “buy” rating on the stock.

    By Rajiv Nanjapla
  • uploads///marijuana
    Cannabis

    Marijuana: What Do Buffett and the Richest Americans Think?

    Marijuana is a hot topic right now! From presidential candidates to the wealthiest Americans, everyone is talking about the sector.

    By Sushree Mohanty
  • uploads///AdobeStock_
    Cannabis

    Why Ex-CEO Bruce Linton Still Believes in Canopy Growth

    Few news items this summer jolted the legalized cannabis industry quite like the termination of former co-CEO Bruce Linton from Canopy Growth Corp.

    By David Moadel
  • uploads///Acreage holdings
    Cannabis

    Key Takeaways from Acreage Holdings’ Q2 Earnings

    Acreage Holdings reported its second-quarter earnings results on August 13. The company reported stellar revenue growth of $17.7 million.

    By Adam Jones
  • uploads/uploads///Kevin O%E%%Leary
    Cannabis

    Will Kevin O’Leary Reconsider Investing in Cannabis?

    Kevin O’Leary’s interest in cannabis stocks favors medicinal use over recreational use. We look at the changing landscape of the US cannabis industry.

    By Rajiv Nanjapla
  • uploads///Arizona Tea
    Cannabis

    Arizona Beverages to Introduce Cannabis Vape and Gummies

    Arizona Beverages announced that it entered the cannabis market. The company signed a three-year licensing agreement with Dixie Brands.

    By Rajiv Nanjapla
  • uploads///Canopy Growth
    Cannabis

    How Will Canopy Growth Capture the US Vaping Market?

    On Thursday, Canopy Growth announced its entry into the US vaporizer market. The company entered into a distribution agreement with Greenlane Holdings.

    By Adam Jones
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