After Charlotte’s Web reported its Q3 earnings yesterday, it closed at 12.28 Canadian dollars on the TSE, 7.53% lower than its previous closing price.
Cannabis company Cronos Group has expanded its presence in the US cannabidiol market through a tie-up with tobacco company Altria Group.
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.
Marijuana legalization in the US may soon become a reality. Aurora Cannabis has devised an innovative strategy to gain a headstart in the market.
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.