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Tilray's Largest Shareholder To Maintain Stake After Lock-Up Expiration
Friday, January 11, 2019 - 2:29pm | 413Read More...Tilray Inc (NASDAQ: TLRY) stock was surging Friday after its largest shareholder announced it plans to maintain its position after the lock-up period expires next next week. What Happened Privateer Holdings, a major investor in the cannabis industry, said Friday that it...
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Large Shareholders Sue MedMen, Allege 'Conflicted Corporate Structuring'
Wednesday, January 9, 2019 - 12:50pm | 680Read More...MedMen Enterprises Inc (OTC: MMNFF), the self-proclaimed “largest U.S. cannabis company in the largest cannabis market,” is being sued by one of its biggest shareholders. On Tuesday, former board member Brent Cox filed a lawsuit against MedMen in L.A. County Superior Court alleging a...
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KushCo Reports 186% Year-Over-Year Revenue Growth, Bottom Line Loss In Q1
Tuesday, January 8, 2019 - 6:35pm | 420Read More...KushCo Holdings Inc (OTC: KSHB), a provider of ancillary products and services to the cannabis industry, reported Q1 results after the close Tuesday. Although the company's revenue almost tripled over the year, its bottom line turned negative. What Happened KushCo posted a revenue $25...
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Oregon To Allow Medical Marijuana Delivery In Areas Where Sales Are Banned
Wednesday, December 26, 2018 - 12:40pm | 383Read More...Medical marijuana will become more accessible to patients in Oregon, as the state's cannabis regulator has introduced rules that expand the places where marijuana can be delivered. What Happened The Oregon Liquor Control Commission — the authority responsible for overseeing marijuana in...
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Wells Fargo Shares Takeaways From Canopy Growth CEO's New York Presentation
Wednesday, December 12, 2018 - 4:56pm | 488Read More...On Dec. 11, the Consumer Analyst Group of New York hosted a group luncheon where Canopy Growth Corp. (NYSE: CGC) CEO Bruce Linton presented. Wells Fargo analysts attended the luncheon and presented their main takeaways. Overall, the analysts said they are optimistic about the company's...
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Better Late Than Never: How The Tobacco Industry Could Benefit From Pot
Monday, December 3, 2018 - 5:08pm | 1591Read More...Legend has it that Lucky Strike cigarettes got their name because, back in the days before marijuana became illegal, the manufacturers added one marijuana cigarette in some packs. Whoever got the joint would get the “lucky strike." This legend is an easily debunked myth. But it seems...
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Canopy Growth Shares Stunted After Reporting Major Revenue Miss
Wednesday, November 14, 2018 - 10:58am | 381Read More...Shares of Canadian cannabis company Canopy Growth Corp (NYSE: CGC) were down more than 8 percent Wednesday morning after certain aspects of the company's fiscal second-quarter earnings report disappointed against some of the most conservative estimates, Business Insider reported. What...
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Tilray Drops Following Q3 Results
Tuesday, November 13, 2018 - 5:58pm | 536Read More...Canadian cannabis company Tilray Inc (NASDAQ: TLRY) reported third-quarter revenue Tuesday that fell nearly in line with estimates, with a bottom-line beat. The stock inched higher after the closing bell before giving up the gains and slipping into the red in after hours trading. What...
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MediPharm Labs Receives Sales License From Health Canada
Tuesday, November 13, 2018 - 1:09pm | 349Read More...Medipharm Labs Corp (OTC: MLCPF) has announced that its subsidiary has received a sales license from Health Canada that allows it to start delivering products based on previously established supply agreements. What Happened Medipharm Labs, a Canadian company that specializes in production...
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Cramer Talks Pot Stocks After 'Yes' Votes In Michigan, Utah, Missouri
Wednesday, November 7, 2018 - 2:45pm | 425Read More...Cannabis stocks were trading mostly higher Wednesday after voters in Michigan OK'ed recreational marijuana, while medical marijuana measures were approved in Utah and Missouri. Investors who take this as a positive signal for every publicly traded cannabis stock may want to reconsider,...
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2 Beverage Companies Jim Cramer Says Aren't Getting Enough Recognition
Tuesday, August 21, 2018 - 2:13pm | 366Read More...Beverage companies aren't usually associated with disruption and innovation, but at least two names deserve credit for their recent M&A deals: PepsiCo, Inc. (NASDAQ: PEP) and Constellation Brands, Inc. (NYSE: STZ), according to CNBC's Jim Cramer. PepsiCo PepsiCo's acquisition of...
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It's High Time For Zynerba Positives: Investors Await 3 Key Mid-Stage Trial Reads On Cannabidiol ZYN002
Monday, March 27, 2017 - 4:07pm | 488Read More...Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) is about to embark upon a journey with unknown destinations, as investors brace for a trio of reads from the company in the third quarter of 2017. Focus: 3 Phase 2 Reads Of ZYN002 Cantor Fitzgerald said in a note released Monday it remains focused on...
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GW Pharma Takes A Step Toward Diversifying
Tuesday, February 7, 2017 - 10:28am | 568Read More...Being a one-trick pony can always prove risky. This rationale seems to have dawned on GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH), a biopharmaceutical company specializing in prescription cannabinoid medicine. Risk Mitigation Through Diversification The company announced Tuesday positive top...
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5 Of The Worst Marijuana Stocks Of 2016
Thursday, November 17, 2016 - 1:44pm | 519Read More...Marijuana gained some major momentum on Election Day, scoring ballot victories in California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana. Unfortunately, a federal ban on marijuana means that investing in marijuana stocks can be risky business. 5 Of The...
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5 Best Marijuana Stocks Of 2016
Wednesday, November 16, 2016 - 3:12pm | 364Read More...Marijuana scored huge victories in eight out of nine states on Election Day. California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana all legalized medial and/or recreational marijuana use. Although marijuana remains illegal in the United States on a federal level,...
















