Needham Initiates Coverage On AYR Strategies with Buy Rating, Announces Price Target of $25
Needham analyst Matt McGinley initiates coverage on AYR Strategies (OTC:AYRSF) with a Buy rating and announces Price Target of $25.
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US Election Could Have 'Positive Collateral Benefits' For Canadian Cannabis Stocks
Cannabis stocks got off to a hit start to the week following a CNBC story published over the weekend suggesting that a Joe Biden victory in the November election could open the door for the decriminalization of adult-use marijuana, potential rescheduling and other federal cannabis l read more
Cantor Fitzgerald Maintains Overweight on Aphria, Lowers Price Target to C$11.75
Cantor Fitzgerald analyst Pablo Zuanic maintains Aphria (TSX:APHA) with a Overweight and lowers the price target from C$15.5 to C$11.75. read more
Cannabis Analyst Talks Canadian Price Deflation, Names Aphria Top Stock Pick
The growth thesis for Canadian cannabis stocks certainly hasn’t played out the way investors had hoped in 2020. One of the biggest headwinds legal producers have faced this year is extreme price deflation in the Canadian market. Flower Prices Falling: Canadian flower prices are down 33% since mid-2019, according to Cantor Fitzgerald analyst Pablo Zuanic. read more