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 18th – 24th, 2019.

Without further ado, let’s get started.

10. Analysts Say Top U.S. MSOs Have Huge Upside Following Strong Q3 Earnings + Updated Ratings & Price Targets

According to Analysts, Better Than Expected Earnings Make These 3 Top U.S. Multi-State Operators a Buy

It seems Trulieve TRUL TCNNF, Curaleaf CURA CURLF and Green Thumb GTII GTBIF have reinvigorated a struggling cannabis sector after the three top U.S. multi-state operators (MSO) announced third-quarter earnings this week with two of them beating wall street’s expectations in the process.

READ FULL MSO PRICE TARGETS ARTICLE

9. New Video Surfaces Allegedly Showing CannTrust’s Illegal Grow Room in Action

Yahoo Finance Obtains Exclusive Footage of CannTrust’s Largest Illegal Grow Room in Operation

The same whistleblower that originally brought the CannTrust TRST CTST Health Canada scandal to light is making headlines once again after releasing new video footage allegedly showing the company’s largest unlicenced cultivation room in operation.

WATCH FULL CANNTRUST VIDEO

8. Sifting Through the Wreckage: A Visual Look Back at Canadian Pot Stocks and Their Dramatic Decline from the Top

These 4 Top Canadian Cannabis Stocks Have Lost Over $60 Billion in Market Value From Their All-Time Highs

Canopy Growth WEED CGC alone has lost almost $17 billion in value from its peak valuation of $24 billion. We also reviewed the valuations of Aurora Cannabis ACB ACB, Tilray TLRY and Cronos Group CRON CRON.

READ FULL CDN POT STOCKS ARTICLE

7. Pot Stocks Skyrocket on Canopy Growth BofA Upgrade + Top Gainers of the Week

Canopy Growth Jumps Over 40% This Week as Market Rebounds

Other top cannabis stocks rose as much as 65% this week alone.

READ FULL POT STOCKS SKYROCKET ARTICLE

6. 3 Pot Stocks That Topped Wall Street’s Earnings Expectations

While Most Marijuana Stocks Have Gone Up in Smoke, This Trio of Cannabis Stocks Has Shined This Earnings Season

Innovative Industrial Properties IIPR, Valens GroWorks VGW VGWCF and GW Pharma GWPH all beat Wall Street‘s expectations this earnings season.

READ FULL EARNINGS BEAT ARTICLE

5. Curaleaf Reports Record Q3 Revenue of $129 Million and Adjusted EBITDA Growth of 169%

Adjusted EBITDA for the Third Quarter Came in at $9 Million

Curaleaf Holdings CURA CURLF announced record third-quarter 2019 earnings which featured forma revenue of $129 million and managed revenue of $73.2 million.

READ FULL CURALEAF Q3 ARTICLE

4. Green Thumb Reports Q3 Earnings, Revenue Soars 296%

GTII Posted Revenue for the Third Quarter of $68 Million, Up 296% Year Over Year and 52% Over Last Quarter

Green Thumb Industries GTII GTBIF announced its Q3 2019 earnings which included third-quarter gross profit of $36.1 million. GTII also saw adjusted EBITDA increase 180% over the previous quarter.

READ FULL GTII Q3 EARNINGS ARTICLE

3. Pot Stocks Surge For a Second Day After a Marijuana Legalization Act Passes a Key Vote

The MORE Act Passed a Key Vote by the House Judiciary Committee

Here’s how much Canopy Growth WEED CGC, Aurora Cannabis ACB ACB, HEXO HEXO HEXO, Cronos Group CRON CRON, Tilray TLRY and Curaleaf CURA CURLF gained on Thursday.

READ FULL MORE ACT ARTICLE

2. Trulieve Posts Record Q3 Earnings, Beats the Street on Revenue and Adjusted EBITDA

Trulieve Sees Revenue Surge 150% to $70.7 Million

Trulieve Cannabis TRUL TCNNF released earnings for the third quarter of 2019 which saw the company’s revenue increase 22% quarter over quarter and 150% over Q3 2018. The company was also able to post net income of $60.2 million for the quarter.

READ FULL TRULIEVE Q3 EARNINGS ARTICLE

1. U.S. Pot Stocks Are Seeing Their Sunshine State Operations Pay Off Big Time

Recent Earnings Show These U.S. Pot Stocks Are Having Huge Success in Florida

How would the potential legalization of adult-use cannabis affect these sunshine state operators?

READ FULL FLORIDA POT STOCKS ARTICLE

Image Sourced from Pixabay