Tag: marijuana stocks

Although near-term weakness exists in the cannabis stocks, we expect Cannabis 2.0 products or cannabis-derived products could act as a catalyst.

Last week, Aurora Cannabis (ACB) announced an early conversion privilege for debenture holders with a due date of March 9, 2020.

The Hill reported yesterday that on November 20, the House Judiciary Committee plans to mark up legislation that federally decriminalizes marijuana.

So far, November has been tough for the cannabis sector. Most cannabis companies have reported lower-than-expected earnings.

Aurora Cannabis reported its third-quarter results after the market closed on November 14. Despite some positives, it fell 18% on November 15.

Last week, three prominent cannabis companies—Cronos Group (CRON), Aurora Cannabis (ACB), and Canopy Growth (CGC)(WEED)—reported earnings results.

This week has been tough for the cannabis sector. Cronos Group and Canopy Growth reported lower-than-expected earnings, and the sector ETFs dropped.

Yesterday, Canopy Growth (CGC) and Aurora Cannabis reported their earnings. Let's look at the valuation multiples of these two prominent cannabis players.

For the last few months, there's been weakness in the cannabis sector. Investors were hoping for Canopy Growth and Aurora Cannabis to bring some relief.

Charlotte’s Web Holdings reported its fiscal 2019 third-quarter earnings results on November 13. Its revenue came in at $25.1 million.