Tag: Aurora Cannabis

Cronos Group (CRON) stock rose 33% with a heavy volume in after-hours trading on Wednesday. Marijuana stocks are on a rollercoaster ride.

On Wednesday, Aurora Cannabis gave a preview of its Cannabis 2.0 strategy. The company provided plans for the roll-out of edibles, concentrates, and vapes.

In 2007, New Mexico was the 12th state to legalize medical cannabis in the US. However, the state hasn't legalized marijuana for recreational use.

Aphria (APHA) reported impressive results for the first quarter of fiscal 2020 on Tuesday. The stock has gained 9.6% since its earnings.

On October 15, Aurora Cannabis closed at $3.76, up 7.12% from the previous session. This performance lagged the S&P 500’s 1.00% rise on the day.

Mexico is fast approaching its October 23 marijuana legalization deadline. Multiple legalization proposals before parliament are creating confusion.

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

Cannabis stocks see dark clouds looming. The week ending on October 11 was disastrous for the sector. Hexo stock fell after it withdrew its fiscal 2020 outlook.

Colorado reported $1.16 billion in marijuana sales in the first eight months of 2019. In 2018, the state reported marijuana sales of $1.54 billion.

As Cannabis 2.0 approaches, many cannabis players have shifted their focus from vapes to edibles in light of the recent vaping-related deaths.