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How Germany Sparked 66% Rally In Canadian LP Stocks Last Week
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 12:30 AM EDT
A historic vote in Germany on Friday decriminalized cannabis, sparking a rally in shares of Canadian cannabis LP stocks - first, Canopy Growth and Tilray, both of which do business in Germany, and then spreading to other major Canadian cannabis LPs.
Cresco Labs Q4 Report Shows Major Improvement In Net Profit
Article By:
Lorimer Wilson
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Monday, March 18, 2024 4:21 PM EDT
Cresco Labs' financial results show considerable improvement in Adjusted EBITDA, a Net Profit turnaround.
In this article: CRLBF
"Freaky Friday" Startled Our American Cannabis MSO Index, In A Good Way
Article By:
Lorimer Wilson
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Sunday, March 17, 2024 9:08 PM EDT
Last Friday the trading volume in the 7 stocks in our American Cannabis MSO Stocks Index was 51.5% higher than the average daily trading volume. Pricewise, the Index was up almost 15%.
From The CoT Report: What Hedge Funds, Noncommercials Are Buying, Selling
Article By:
Paban Pandey
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Sunday, March 17, 2024 12:09 AM EDT
For the second week in a row, the weekly has now produced a candle with a long upper shadow. This is taking place even as investor sentiment further rose into giddy territory.
Q4 Financials Of Cannabis MSO, TerrAscend, Were Terrible
Article By:
Lorimer Wilson
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Friday, March 15, 2024 1:04 PM EDT
Management claims that TerrAscend has the right team, assets, cash flow, and ample greenfield opportunities to pursue additional growth in 2024 by capitalizing on the current environment and entering into attractive states on accretive terms.
In this article: TSNDF
Cannabis MSO Ayr Wellness Reports Q4 Increase In Net Loss Of 53%
Article By:
Lorimer Wilson
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Thursday, March 14, 2024 4:00 PM EDT
Ayr Wellness Inc. reported financial results for the fourth quarter ended December 31, 2023 today.
In this article: AYRWF
Q4 Financials Of Cannabis MSO, Curaleaf, Show Improvement Across The Board
Article By:
Lorimer Wilson
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Thursday, March 14, 2024 6:30 AM EDT
Curaleaf management reports that the work the company has done over the past several quarters paid off in Q4, and that global opportunities are unfolding rapidly as expected.
In this article: CURLF
Cannabis Company Green Thumb Has Bounced Back From A Rocky Q4
Article By:
Lorimer Wilson
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Saturday, March 9, 2024 7:31 PM EDT
Green Thumb delivered a strong Q4, including record revenue of $278 million, but there's that little matter of its 93.5% drop in net income. But fear not - the low was hit last October and today it trades for double.
In this article: GTBIF
Q4 Results Of Cannabis Company Verano Holdings Were Down Across The Board
Article By:
Lorimer Wilson
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Friday, March 8, 2024 4:55 PM EDT
The company CEO is thankful for all that his team accomplished in 2023 and believes that Verano is well-positioned to continue capitalizing on growth opportunities.
In this article: VRNOF
Trulieve Cannabis Q4 Net Loss Increased By 32%
Article By:
Lorimer Wilson
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Friday, March 8, 2024 1:38 PM EDT
The CEO reports that "Q4 momentum was underpinned by improved consumer trends...[and, given the company's] strong cash generation and a clearly defined strategy, it is well positioned for the coming wave of meaningful growth catalysts."
In this article: TCNNF
Mapping Out America's Cannabis Dispensaries
Article By:
Tyler Durden
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Wednesday, March 6, 2024 11:32 PM EDT
American think-tank Pew Research released a new analysis that shows although marijuana is illegal at the federal level, many Americans live in states where cannabis is legal for medical or recreational use.
European Cannabis Q4 2023 Quarterly Update
Article By:
Michael Sassano
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Wednesday, March 6, 2024 6:20 PM EDT
Although Europe had a slow year along with most developed markets, the upbeat drums of new countries have invigorated the industry.