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2 mins read
Aphria sinks 15% after earnings and revenue fall short of estimates in fiscal third-quarter results
Aphria reported revenue of $153.6 million and a $361 million net loss in the fiscal third quarter a…
Will Daniel
1 min read
Retail traders are cheering on Tilray's 27% pop after the cannabis company's first earnings report since merging with Aphria
Tilray is down nearly 95% from it's all-time high but many retail traders appear optimistic the can…
Emily Graffeo
2 mins read
Tilray surges 27% after $4 billion merger with Aphria creates the world's biggest cannabis company
Aphria investors will receive 0.8381 shares of Tilray for each Aphria share they hold, representing…
Ben Winck
2 mins read
Cannabis stocks tumble from multi-year highs as Reddit-fueled rally loses steam
Members of the r/wallstreetbets forum had been cheering the pot stocks higher as they did with Game…
Ben Winck
2 mins read
Tilray climbs 10% as the cannabis company gets a double upgrade to 'buy' from Jefferies
Tilray shares could rise by 119%, said Jefferies, which upgraded the cannabis company to 'buy' from…
Carla Mozée
1 min read
Tilray jumps after $166 million deal for stake in MedMen to step into the US retail cannabis market
MedMen runs more than 25 stores in six states, including California, the world's largest marijuana …
Carla Mozée
4 mins read
Nasdaq closes at record high as investors digest Fed action and stimulus talks
Fed policymakers revised their economic projections higher and now see US GDP staging a complete re…
Ben Winck
3 mins read
Pot-grower Aphria tanks after slashing full-year profit forecasts
The company's positive adjusted Ebitda and consideration of a dividend arrives amid a severe downtr…
Ben Winck
2 mins read
Dow, S&P 500 close at record highs after dismal jobs report gives Fed more breathing room
US stocks closed at records on Friday as a massive miss on April's jobs report boosted confidence t…
Matthew Fox
3 mins read
Cannabis producer Aphria just rejected Green Growth Brands' $2 billion hostile-takeover bid
"By virtue of our strong platform and competitive advantages, Aphria has multiple near-term opportu…
Ethel Jiang
2 mins read
Tilray stock extends rally as Democrat lawmakers promise to push marijuana reforms
Senate Majority Leader Chuck Schumer on Tuesday also said he urged attorney general nominee Merrick…
Isabelle Lee
6 mins read
Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players
Sin stocks are public companies engaged in activities or industries considered unethical or immoral…
Amy Fontinelle
2 mins read
Aurora Cannabis soars 40% as Biden's election lead grows, pointing to a major boost for marijuana stocks
The boost in share price may also have been helped by four US states legalizing cannabis for adults…
Shalini Nagarajan
3 mins read
US stocks edge lower as jarring drop in retail sales offsets stimulus progress
Congressional leaders are reportedly close to agreeing on a $900 billion stimulus measure. A deal c…
Ben Winck
2 mins read
Meme stocks whipsaw as AMC share sale ends massive Reddit-fueled rally
Many of Reddit's favorite stocks including AMC, GameStop, and Bed Bath & Beyond retreated Thursday,…
Natasha Dailey
2 mins read
The cannabis producer Aphria is plunging after announcing a committee will review its new acquisition that a short seller called 'largely worthless'
Aphria fell further Thursday morning, down more than 12%, after the company said it had named a com…
Jonathan Garber
4 mins read
Wall Street stock traders are piling into bets against cannabis stocks, even as shares have plummeted
"We may see short sellers in cannabis stocks that are bouncing off their lows, like Canopy Growth, …
Jeremy Berke
2 mins read
Marijuana stocks have dominated the Toronto Stock Exchange for the last 3 years. Here are the top 10 performers.
The sector has experienced rapid growth since cannabis was legalized for recreational use in Octobe…
Carmen Reinicke
2 mins read
Here are the 13 most expensive stocks to bet against
Two other companies on the list, Nio and Canopy Growth, are seeing borrowing costs rise. "There wil…
Carmen Reinicke
2 mins read
Marijuana stocks have cost traders betting against them nearly $200 million in February
On Tuesday, several major marijuana producers including Cronos Group, Aphria, and Aurora Cannabis g…