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Cannabis Stocks Dropped 19%, On Average, In Last 3 Days Of This Week
Article By:
Lorimer Wilson
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Saturday, May 4, 2024 5:00 PM EDT
The cannabis sector dropped 18.8% in the last 3 days and it probably has further to go, based on historical data.so the question now is how much further it will drop before stabilizing. Time will tell. Stay tuned.
The Canadian Cannabis Report- Monday, April 29
Article By:
James Coleman
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Thursday, May 2, 2024 6:12 AM EDT
The past, present and future of the Canasian cannabis sector, based on the performance of the MCCCI, which is a proprietary indes of 14 stocks.
In this article: CRON
Weakening Wednesday – Markets Down Ahead Of The Fed
Article By:
Phil Davis
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Wednesday, May 1, 2024 11:10 AM EDT
There’s nothing more fun than a good sell-off when you are well-hedged.
April Recap: Canadian Cannabis LP Portfolio Jumped 8%
Article By:
Lorimer Wilson
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Tuesday, April 30, 2024 11:40 AM EDT
Constellation Brands has a 39% stake in Canopy but has announced that it has converted its stake in Canopy to a new category of shares which will result in an overall reduction in debt on the Canopy's balance sheet in the amount of C$100 million.
April Recap: Conservative "Cannabis" Stocks Portfolio Down 3%
Article By:
Lorimer Wilson
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Monday, April 29, 2024 6:03 AM EDT
Constellation is converting its stake in Canopy to shares that don't give it voting power, withdrawing its representation on Canopy’s board and has advised that they do not intend to deploy additional investment in Canopy going forward.
Marijuana Stocks Followed The Leader Last Week Tumbling 12%, On Average
Article By:
Lorimer Wilson
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Sunday, April 14, 2024 6:20 PM EDT
The bad news from Tilray (its Q3 net loss increased by 128%} took a toll last week on the constituents of both the Canadian Cannabis LPs Index and the American Cannabis MSOs Index with all 12 declining by an average of 12%.
Tilray's Q3 Financials Disappoint: Stock Declines 31%
Article By:
Lorimer Wilson
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Wednesday, April 10, 2024 6:46 PM EDT
Tilray's stock price is down 30.9% from its high last week as a result of the release of its disappointing Q3 financial results yesterday.
In this article: TLRY