Continue Reading... Judge gives initial OK to $8M Aurora Cannabis class-action settlement
Posted in Cannabis Stocks

Judge gives initial OK to $8M Aurora Cannabis class-action settlement

The suit accused Aurora of engaging in a $21.7 million boomerang “round-trip” deal to artificially juice its numbers.

Continue Reading... Anthony Scaramucci Talks Cannabis Vs Crypto: Why He’s ‘Not a Huge Bull’—’The Bloom Is Off The Rose’ For Stocks
Posted in Cannabis Stocks

Anthony Scaramucci Talks Cannabis Vs Crypto: Why He’s ‘Not a Huge Bull’—’The Bloom Is Off The Rose’ For Stocks

The bloom is off the rose in the cannabis industry in the United States,” says Anthony Scaramucci, founder of SkyBridge…

Continue Reading... Cannabis Chart Of The Week: Consensus 2024 EBITDA Estimates Are Still Up 8.4% Despite Downward Revisions
Posted in Cannabis Stocks

Cannabis Chart Of The Week: Consensus 2024 EBITDA Estimates Are Still Up 8.4% Despite Downward Revisions

The chart shows the percentage change in consensus 2024 EBITDA estimates between the end of 2023 and now. The orange…

Continue Reading... Why Cannabis Investors Should Make This Bold Move Before Florida’s Vote: What To Buy And Sell Now
Posted in Cannabis Stocks

Why Cannabis Investors Should Make This Bold Move Before Florida’s Vote: What To Buy And Sell Now

AYR’s exposure to Florida gives it an edge ahead of potential recreational cannabis legalization, per Viridian Capital.

Continue Reading... Major Cannabis Merger Approved In New York: Can Weed Stock Investors Take Advantage?
Posted in Cannabis Stocks

Major Cannabis Merger Approved In New York: Can Weed Stock Investors Take Advantage?

RIV Capital and Cansortium are set to reshape New York’s cannabis market. Here’s why it matters for investors.

Continue Reading... Tilray’s stock gains after earnings and upbeat outlook on cannabis legalization
Posted in Cannabis Stocks

Tilray’s stock gains after earnings and upbeat outlook on cannabis legalization

Tilray’s stock gained Thursday, after the cannabis and beverage company reported a smaller loss than expected for its fiscal first…

Continue Reading... Is It Time to Load Up on Aurora Cannabis Stock?
Posted in Cannabis Stocks

Is It Time to Load Up on Aurora Cannabis Stock?

Aurora Cannabis has made significant strides in improving its financial position. The company achieved positive free cash flow of CA$6.5…

Continue Reading... 3 Cannabis Stocks to Monitor as the Election Approaches
Posted in Cannabis Stocks

3 Cannabis Stocks to Monitor as the Election Approaches

Despite analysts mostly on the sidelines with all three stocks, CGC, CRON, and TLRY all show a heavy call skew…

Continue Reading... Tilray Brands stock forecast: levels to watch ahead of earnings
Posted in Cannabis Stocks

Tilray Brands stock forecast: levels to watch ahead of earnings

Tilray Brands (NASDAQ: TLRY) stock will be in the spotlight this week as the Canadian cannabis and alcohol company publishes…

Continue Reading... IM Cannabis’ $1.6M Non-Brokered Private Placement Offering, Here’s What Investors Need To Know
Posted in Cannabis Stocks

IM Cannabis’ $1.6M Non-Brokered Private Placement Offering, Here’s What Investors Need To Know

Medical cannabis company with operations in Israel and Germany, IM Cannabis Corp. (NASDAQ: IMCC) (CSE: IMCC), intends to undertake a…