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Showing Tag: "cannabis" (Show all posts)

Which Pot Stock Will Climb in 2024: Green Thumb Industries vs. Aurora Cannabis

Posted by Alex Carchidi on Saturday, February 10, 2024, In : 848FINACE 
Which Pot Stock Will Climb in 2024: Green Thumb Industries vs. Aurora Cannabis

Green Thumb Industries (OTC: GTBIF) and Aurora Cannabis (NASDAQ: ACB) are both popular cannabis stocks, but they compete in different markets and face different sets of challenges, so it's very likely that one will be a better investment than the other this year.

But don't take that to mean it's a toss-up as to which has a better chance at performing well. There's a clear winner here, so let's look at both and see why that's the case.




Green Thumb is making moves in its markets

Green Thumb has...


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Who's Who In Cannabis: January Executive Changes You Should Know About

Posted by Jelena Martinovic on Saturday, February 3, 2024, In : 848FINACE 
Who's Who In Cannabis: January Executive Changes You Should Know About

Cannabis And Hemp Regulatory Appointments

Last week, Flora Growth Corp. (NASDAQ:FLGC) announced that Clifford Starke, its CEO and director, has been elected to serve as chairman of the U.S. Hemp Roundtable board of directors. Starke said "momentum is swinging in the right direction" for hemp and cannabis, "given the current political environment."

Illinois Gov. J.B. Pritzker announced on Friday new appointments in his administration.

Besides naming Wendy Epstein as a member of the Illinois Healt...


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Tiffany Chin Takes The Cannabis Industry By Storm As CEO Of Death Row Cannabis

Posted by Abbey Higginbotham on Sunday, January 28, 2024, In : 848FINACE 
Tiffany Chin Takes The Cannabis Industry By Storm As CEO Of Death Row Cannabis

Tiffany Chin‘s story reads like a script from Hollywood to high-quality hemp. Swapping the entertainment industry for the cannabis scene, she’s taken the reins as CEO at Death Row Cannabis, blending boldness and business smarts. Make sure to catch her at the upcoming speaker at the Benzinga Cannabis Market Spotlight: California. Until then, here is how Chin became renowned in the cannabis world. 

Chin entered the cannabis industry by joining Casa Verde Capital and launching Leafs by Snoop....

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Hash for cash: Why Thailand is giving cannabis plants to one million homes

Posted by ASIA CORRESPONDENT: Nicola Smith on Saturday, May 14, 2022, In : JOB SEARCH 
From June 9, people will be allowed to grow the medical grade plant after notifying their local government




Thailand will give out one million free cannabis plants to homes across the country to mark the legalisation of the drug.

Anutin Charnvirakul, the public health minister, announced the mass handout on his Facebook page, while outlining the benefits of commercial cultivation.

In February, he signed a measure officially dropping cannabis from a list of controlled drugs and when the new rule c...


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Best Robinhood Penny Stocks: Marijuana

Posted by THE STREET on Saturday, March 5, 2022, In : 848FINACE 
Robinhood penny stocks


Sundial Growers Inc. (NASDAQ: SNDL)

Sundial is a Canadian company that makes cannabis products for recreational consumption.

A large number of U.S. states have legalized marijuana, as have many countries around the world.

It seems a question of when, not if, the U.S. will legalize marijuana on a national level. 

Sundial has several subsidiary brands, which it will use to appeal to different sectors of the cannabis market.

The company currently has its eye on Alcanna, Canada’s premier wine, spiri...


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Wells Fargo Starts Coverage of Four Cannabis Stocks As Legalization Battle Gains

Posted by BRENDA BOUW on Thursday, December 30, 2021, In : Technical Analysis 
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Wall Street is paying closer attention to cannabis stocks as federal lawmakers propose legalization bills and the sector struggles to recover from a months-long market pullback.

Wells Fargo analyst Chris Carey recently initiated coverage of four cannabis stocks, weeks after the Republicans introduced their first federal bill to legalize marijuana. 

The bill accompanies competing legislation from Democrats including Senate Majority Leader Chuck Schumer, Senator Cory Booker (D-New Jers...


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2 Cannabis Stocks That Have Big Question Marks Heading Into Earnings in November

Posted by David Jagielski on Thursday, November 4, 2021, In : Technical Analysis 

2 Cannabis Stocks That Have Big Question Marks Heading Into Earnings in November© Provided by The Motley Fool 2 Cannabis Stocks That Have Big Question Marks Heading Into Earnings in November


Next month is when many large marijuana companies report their earnings. And for cannabis investors, there are plenty of storylines to follow as there has been a lot of noise in the sector of late. Mergers and acquisitions have picked up this year and more states have legalized marijuana.
Two cannabis companies that I will be watching closely when they report earnings in November are ...

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Stem Increases Footprint On West Coast With Acquisition Of Artifact Extracts And Two Cannabis Dispensaries

Posted by Nicolas Jose Rodriguez on Tuesday, September 21, 2021, In : Technical Analysis 
© Provided by BenzingaStem Holdings, Inc. (OTCQX: STMH) (CSE: STEM), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company, announced today that it has acquired Artifact Extracts, a premier cannabis extraction company based in Oregon known for its award-winning concentrates, as well as two dispensaries.

The transaction closed on September 17th. Stem issued 8,209,178 shares of common stock at a deemed aggregate value of US$ 2...


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Cannabis Stocks: How Reddit and Amazon Are Boosting TLRY, SNDL Stocks Today

Posted by Brenden Rearick on Friday, June 4, 2021, In : Technical Analysis 
a bottle and a glass of beer on a table: Forget a 1-for-12 Split, Aurora Stock May as Well Go for 200© Source: Shutterstock Forget a 1-for-12 Split, Aurora Stock May as Well Go for 200

Cannabis is back on the menu. It seems that even as the meme stock explosion that cooled down the cannabis industry continues to soar, pot can have a rebound and see green once again. The Reddit forces are pushing cannabis stocks amid the AMC (NYSE:AMC) frenzy, and the industry is being lifted by promising support from Amazon (NASDAQ:AMZN).

a group of glass bottles on a table: Forget a 1-for-12 Split, Aurora Stock May as Well Go for 200© Provided by InvestorPlace Forget a 1-for-12 Split, Aurora Stock May ...

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Canopy Growth's surprise earnings hint at a cannabis turnaround

Posted by Goyo Large on Wednesday, February 19, 2020, In : 848FINACE 
  

"Those our sales numbers? Nice."

  
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Hey Snackers,

Pro tip for WeWork ex-CEO Adam Neuman: Don't put your $37.5M NYC penthouse on the market like you just did — just turn it into a coworking apartment.

Stocks rose last week despite a worsening coronavirus situation (the death toll is now higher than SARS'). 

Want to start getting Snacks daily? Or prefer to u...

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Cannabis' biggest week of the summer is a major downer for pot investors

Posted by Goyo Large on Monday, August 19, 2019, In : 848FINACE 




Cannabis' biggest week of the summer is a major downer for pot investors

Nice timing... Just as Woodstock festers celebrated their 50th reunion, cannabis stocks enjoyed their busiest week of the summer. Two of the biggest publicly traded pot companies revealed their earnings from the last quarter, both showing that it's hard out there for cannabis companies.

  • Tilray (-27% last week): The Candian cannabis icon sold 5.6K kilos of weed (triple what it did last year), but its loss doubled. It acquir...

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Hemp, Inc. Reports Massachusetts House Passes Bill to Help Grow State's Hemp Industry

Posted by Linda Hill on Wednesday, June 26, 2019, In : 848FINACE 
10:30 AM ET 6/25/19 | GlobeNewswire


Hemp, Inc. Reports Massachusetts House Passes Bill to Help 


Grow State's Hemp Industry 


Las Vegas, NV, June 25, 2019 (GLOBE NEWSWIRE) -- via 


NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP), a global 


leader in the industrial hemp industry with bi-coastal 


processing centers including the 85,000 square-foot 
 

multipurpose industrial hemp processing facility in Spring Hope, North 


Carolina, a state of the art processing center in Medford, Oregon, and a 500-


acre hemp gro...

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