Continue Reading... Half of Industry Cannabis Executives Slash Revenue Forecasts Due to COVID-19, Reallocating Marketing Budgets to Digital Media and Virtual Events
Posted in Cannabis Stocks

Half of Industry Cannabis Executives Slash Revenue Forecasts Due to COVID-19, Reallocating Marketing Budgets to Digital Media and Virtual Events

CHICAGO, June 30, 2020 /PRNewswire-PRWeb/ — Cannabis executives report slashing budgets and significant disruption to suppliers and services during the COVID-19…

Continue Reading... Are Mushroom Penny Stocks Next To Boom After This $27M Bet?
Posted in Cannabis Stocks

Are Mushroom Penny Stocks Next To Boom After This $27M Bet?

The MarketWatch News Department was not involved in the creation of this content. Could Mushroom Penny Stocks Bloom After The…

Continue Reading... Why Is Everyone Talking About HEXO Stock?
Posted in Cannabis Stocks

Why Is Everyone Talking About HEXO Stock?

Since the beginning of the year, shares of consumer cannabis company HEXO (NYSE:HEXO) have declined by more than 50%. Compared to…

Continue Reading... 2 Cannabis Companies That Are Looking Desperate
Posted in Cannabis Stocks

2 Cannabis Companies That Are Looking Desperate

Investors can’t just rely on quarterly earnings results to assess how well a company’s doing. Often it’s what happens in…

Continue Reading... Hedge Funds Are Selling Aurora Cannabis Inc. (ACB)
Posted in Cannabis Stocks

Hedge Funds Are Selling Aurora Cannabis Inc. (ACB)

Is Aurora Cannabis Inc. (NASDAQ:ACB) a buy here? Prominent investors are in a pessimistic mood. The number of bullish hedge…

Continue Reading... Expect Big Asset Writedowns From Canadian Pot Stocks in the Coming Quarters
Posted in Cannabis Stocks

Expect Big Asset Writedowns From Canadian Pot Stocks in the Coming Quarters

When 2019 began, hopes were high within the investment community that cannabis stocks would remain unstoppable and blaze a path…

Continue Reading... Thinking about trading options or stock in Dell Technologies, Aurora Cannabis, Plug Power, American Airlines, or Royal Caribbean Cruises?
Posted in Cannabis Stocks

Thinking about trading options or stock in Dell Technologies, Aurora Cannabis, Plug Power, American Airlines, or Royal Caribbean Cruises?

The MarketWatch News Department was not involved in the creation of this content. NEW YORK, June 24, 2020 /PRNewswire via…

Continue Reading... Cannabis Stocks: Buy This, Not That
Posted in Cannabis Stocks

Cannabis Stocks: Buy This, Not That

The issues in the cannabis sector far predate the current economic crisis caused by the COVID-19 pandemic. Over the past…

Continue Reading... Understanding THCX, MJ Cannabis ETF Dividend Announcements
Posted in Cannabis Stocks

Understanding THCX, MJ Cannabis ETF Dividend Announcements

Last week, two major cannabis-focused ETFs — the ETFMG Alternative Harvest ETF (NYSE: MJ) and the Cannabis ETF (NYSE: THCX) — announced…

Continue Reading... Why U.S. Marijuana Legalization Is Likely on the Way in 2021
Posted in Cannabis Stocks

Why U.S. Marijuana Legalization Is Likely on the Way in 2021

Three hundred to one. Those were the odds against the U.S. legalizing marijuana at the federal level that I calculated…