Short Sellers

It was another busy week for the cannabis industry, with Aurora Cannabis Inc (OTC: ACBFF) applying to list on the New York Stock Exchange, tobacco giant Altria Group Inc. (NYSE: MO) reportedly showing interest in in Aphria Inc.  (OTC: APHQF), and Walmart Inc (NYSE: WMT...

Shares of Pyxus International Inc. (NYSE: PYX) have ripped higher following its entrance into the widely-sought cannabis market. What Happened Last month, the former Alliance One International pivoted to the cannabis market. The company has since obtained majority stakes in two Canadian...

Tesla, Inc. (NASDAQ: TSLA) short sellers have been an obsession for CEO Elon Musk in 2018. Unfortunately for Musk, the short sellers have had the winning trade as of late, with Tesla stock down 28.9 percent in the past year and Musk being forced out of his chairman role as part of a tentative...

Pyxus International Inc (NYSE: PYX) ripped more than 27 percent Monday. Cannabis stocks have been on fire in recent months ahead of the upcoming legalization of recreational marijuana in Canada, and Pyxus may be well-positioned in the Canadian market. Pyxus And Cannabis Pyxus operates in several...

By William Sumner, Hemp Business Journal Contributor Last week, the hemp industry was abuzz with the news that the United States Drug Enforcement Administration (DEA) would move Epidiolex, a CBD-based drug derived from cannabis, from a Schedule I substance to a Schedule V substance. The scheduling...

Even as the Facebook, Inc.(NASDAQ: FB)-Cambridge Analytica scandal created serious distrust among users of social media, a recent study by Pew Research Center showed a majority of users still source news from social media, although they question the veracity. The findings are based on a panel wave...

The unbelievable run in Tilray Inc (NASDAQ: TLRY) found a new gear Wednesday when the stock traded up more than 50 percent after the company's Tuesday announcement that it had gained approval from the DEA to import marijuana to the U.S. Another huge day put Tilray stock up a...

Tesla, Inc. (NYSE: TSLA) stock plummeted more than 4.5 percent in midday trading Tuesday following reports that the company is facing a criminal probe related to statements made by the company and CEO Elon Musk. What Happened? According to Bloomberg, the Justice Department is looking into...

Even as a marquee marijuana exchange traded fund listed in Canada recently swelled to $1 billion in assets under management, and as a U.S.-listed equivalent is soaring, some bearish traders are sticking to short positions in marijuana equities. The ETFMG Alternative Harvest ETF (NYSE: MJ), the only...

When recreational cannabis sales begin in Canada next month, Shopify Inc (NYSE: SHOP) could rise on a secondhand high. The Rating KeyBanc Capital Markets analyst Monika Garg maintained an Overweight rating on Shopify with a $182 price target. The Thesis British Columbia, Ontario and other...

Elon Musk has drawn federal scrutiny and lost multiple subordinates for erratic behavior including apparent on-air pot smoking. Tesla Inc (NASDAQ: TSLA) is forfeiting friends in the process. The Analyst Nomura analyst Romit Shah downgraded Tesla from Buy to Neutral and cut the price target...

Yet another high-level executive at Snap Inc (NYSE: SNAP) has announced their departure, and investors are once again left to wonder whether the revolving door is more a sign of management losing faith in the company or a sign the company is headed in a much-needed new direction. Another One...