Cannabis Countdown: Top 10 Marijuana Stock News Stories Of The Week
Welcome to the Cannabis Countdown. In this week’s rendition, we’ll recap and countdown the top 10 marijuana stock news stories for the week of November 4th – 10th, 2019.
Without further ado, let’s get started.
On Average, These 8 Cannabis Stocks Are Down 75% Year-to-Date, One Company Dropped 97% This Year Alone
Cannabis investors would be wise to steer clear of these risky pot stocks.
Aphria Diamond Adds 140,000 kgs Boosting Aphria’s Total Annual Production Capacity to 255,000 kgs
Some Cannabis Stocks Have Lost More Than Half Their Value in the Last Few Months, But Short-Sellers Are Still Bearish
“Bearish speculators have strong conviction maintaining short exposure in the cannabis sector, despite the high borrow/carry costs,” said Matthew Unterman, director at financial analytics firm S3 Partners.
Short position updates on Tilray (NASDAQ:TLRY), Canopy Growth (TSX:WEED) (NYSE:CGC), Aurora Cannabis (TSX:ACB) (NYSE:ACB), Aphria (TSX:APHA) (NYSE:APHA), HEXO (TSX:HEXO) (NYSE:HEXO), Cronos Group (TSX:CRON) (NASDAQ:CRON) and The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF).
Bruce Linton Set to Become New Executive Chairman of This Minneapolis-based MSO
Cramer Commented on ACB Stock During the Lightning Round on CNBC’s Mad Money
“The group is just under heavy pressure, and every time it sticks it’s head up, it gets completely whacked. They’re playing whack-a-mole with these. We’ve got to wait to until one of them shows a really big profit,” said Cramer on Aurora Cannabis (TSX:ACB) (NYSE:ACB).
Recent Weakness in the Cannabis Sector Provides Great Opportunity for Long-Term Gains
These three cannabis stocks have major catalysts on the horizon thanks to the closure of major deals and eventual access to the banking and capital markets in the U.S.
Multi-Platinum Recording Superstar Drake and Canopy Growth Announce New Cannabis Partnership
Earnings Season is an Exciting Time for Investors Who Have Been Eyeing the Cannabis Sector
Top marijuana stocks including Aurora Cannabis (TSX:ACB) (NYSE:ACB), Canopy Growth (TSX:WEED) (NYSE:CGC), and Cronos Group (TSX:CRON) (NASDAQ:CRON) will report earnings this month. Let’s look at what analysts and the companies themselves forecast for this month’s earnings.
Cantor Fitzgerald Analyst Pablo Zuanic Sees “Green Days Ahead” for Canadian Pot Stocks
New 264-page research note features ratings and price targets on 6 of Canada’s top cannabis stocks.
Cannabis Stocks Rally to Close Week on High Note, These 15 Stocks Lead the Way
Cannabis investors are now wondering if the bottom is finally in or if this rally was just a dead cat bounce.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.