Tag: Cannabis Oil

Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.

Generally speaking, the cannabis sector's valuations have taken a hit due to weak earnings. Recently, Aphria (APHA) posted better-than-expected earnings.

Last week, the FDA asked four companies to remove 44 products. The products didn't receive the necessary marketing authorization.

During its latest earnings call, Aphria (APHA) stated that vapes and concentrates could form a major share of Canada's recreational market by 2021.

Aphria (APHA) reported its earnings results for Q4 and fiscal 2019 after the market closed today. Will the positive results lift cannabis sentiment overall?

On Thursday, Aphria (APHA) is scheduled to release its fourth-quarter and fiscal 2019 earnings results after the market closes.

On July 25, CannTrust stock jumped almost 15% after the market closed driven by the company's announcement of leadership changes.