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Cannabis Stocks

Cannabis Stocks

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Motley Fool9 hours ago
The Secret Behind Nasdaq's Hottest U.S. Marijuana Stock IPO Ever
It wasn't very difficult for Greenlane Holdings to become the best IPO ever for a U.S. marijuana stock on the Nasdaq. Here's why.
Market Realist11 hours ago
ACB, IIPR, and OGI Gain while APHA, TLRY, and CTST Sink
Canopy Growth's Acreage Acquisition Boosts Sentiment(Continued from Prior Part)ACB, IIPR, and OGI gain On April 18, in the first half of the trading session, Aurora Cannabis (ACB) was trading up 1% while Innovative Industrial Properties (IIPR)
Barrons.com12 hours ago
Canopy Growth Has Struck a Deal for Acreage Holdings as U.S. Marijuana Prospects Brighten
The stocks of Canada’s Canopy Growth and the U.S.’s Acreage Holdings rose Thursday after Canopy announced a deal for the rights to acquire Acreage.
Market Realist13 hours ago
Philip Morris Stock Fell despite Strong Q1 Results
Philip Morris Beat Analysts' ESP and Revenue Expectations in Q1(Continued from Prior Part)Stock performancePhilip Morris International (PM) outperformed analysts’ revenue and EPS expectations in the first quarter. Despite strong first-quarter
Market Realist13 hours ago
Canopy Growth’s Acreage Acquisition Boosts Sentiment
Canopy Growth's Acreage Acquisition Boosts SentimentThe gains The cannabis sector appeared to show optimism after Canopy Growth (WEED)(CGC) announced that it would acquire Acreage Holdings (ACRGF), a US multi-state cannabis operator with
Motley Fool13 hours ago
5 Things to Know About Canopy Growth's Deal to Buy Acreage Holdings
Canopy's plan to buy U.S.-based Acreage Holdings is complicated. But it could be a smart move.
Market Realist13 hours ago
Canopy Growth Stock Jumps on Acreage Holdings Acquisition
Canopy Growth to Acquire Acreage Holdings(Continued from Prior Part)Canopy Growth jumps Canopy Growth (WEED) (CGC) announced that it will acquire Acreage Holdings for a total value of $3.4 billion, which led the company’s stock price to jump on
Barrons.com13 hours ago
Marijuana Company Canopy Growth Isn’t Buying Acreage Holdings — It’s Buying the Right to Buy Acreage
The deal is for the right to purchase Acreage if pot is legalized in U.S. If Canopy were to make the purchase now, it would be acquiring an illegal U.S. asset and its shares would be delisted.
Barrons.com14 hours ago
Philip Morris Hopes the FDA Will Help Keep Its Rally Alive
The tobacco giant was trading down, as concerns about potential legislation overshadowed better-than-expected first-quarter results.
Zacks14 hours ago
Likely Canopy-Acreage Deal Looks Good Enough to Boost ETF MJ
Canopy Growth will probably purchase the rights to buy Acreage Holdings to tap the growing potential of the U.S. marijuana market. This should bolster the ETF MJ.
Bloomberg14 hours ago
McConnell Urges Raising Tobacco Purchase Age to 21
Speaking at an event Thursday in his home state of Kentucky, the second biggest tobacco producer after North Carolina, the Republican leader said he plans to introduce legislation in May and expects it will get bipartisan support in the Senate. McConnell said he is motivated partly by the growing popularity of vaping products among young people, which studies have shown can affect brain development and yield higher rates of addiction to other drugs.
Market Realist15 hours ago
Canopy Growth to Acquire Acreage Holdings
Canopy Growth to Acquire Acreage HoldingsCanopy Growth to Acquire Acreage Holdings On April 18, Canopy Growth (WEED) (CGC) announced that it entered an agreement to acquire Acreage Holdings. Acreage Holdings has a presence in 20 states in the US
Bloomberg15 hours ago
Canopy Buys Acreage for $3.4 Billion in Bet on U.S. Market
Canopy, which was sitting on a pile of cash after a high-profile investment last year from alcohol giant Constellation Brands Inc., has agreed to buy the New York-based marijuana company Acreage Holdings Inc. for $3.4 billion in a cross-border deal that may usher in wave of consolidation in the burgeoning industry. “They know the U.S. is the biggest prize of all,” he said.
Zacks16 hours ago
Can Q1 Earnings Lift Healthcare ETFs Higher?
With negative earnings revisions, the healthcare sector is expected to witness earnings growth of 1.8% in the first quarter, suggesting smooth trading for healthcare ETFs.
Barrons.com16 hours ago
Marijuana Stock Aurora Cannabis Just Got Another Vote of Confidence
Aurora Cannabis stock edged up following a bullish note from Cowen & Co. that applauded management’s competitive positioning of the company.
Zacks16 hours ago
Altria (MO) Expected to Beat Earnings Estimates: Should You Buy?
Altria (MO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks16 hours ago
AbbVie (ABBV) Earnings Expected to Grow: Should You Buy?
AbbVie (ABBV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks16 hours ago
Here Are the Key Takeaways From J&J's Q1 Earnings Report
Let's have a look at some of the highlights of J&J's (JNJ) first-quarter 2019 results.
Zacks17 hours ago
Will Pricing & RRPs Aid Altria's (MO) Q1 Earnings Growth?
Altria's (MO) Q1 performance is likely to gain from RRPs and high pricing. However, receding cigarette sales are a concern.
Market Realist17 hours ago
What’s the Consensus Analyst View on Canopy Growth in April?
Canopy Growth Trades Higher on Talks with Acreage Holdings(Continued from Prior Part)Consensus viewOn April 17, Bank of America Merrill Lynch initiated coverage on Canopy Growth (WEED) (CGC) with a “buy” rating. The stock has a price target
Zacks17 hours ago
Can Boston Scientific's (BSX) Steady Growth Aid Q1 Earnings?
We are optimistic about Boston Scientific's (BSX) IC business that will help maintain its impressive global growth trend in Q1 owing to an innovative portfolio and strong commercial teams.
Zacks17 hours ago
Can Coca-Cola (KO) Retain Earnings Trend in Q1 Despite Odds?
Coca-Cola (KO) is likely to continue gaining from product launches, and focus on lifting and shifting successful brands globally in first-quarter 2019. However, currency headwinds may hurt results.
Bloomberg18 hours ago
Canopy Gains With Potential Acreage Deal Seen as Positive
The deal would allow Canopy to gain a toe-hold in the U.S. ahead of regulatory or legalization changes that would open up the world’s biggest potential marijuana market to operators, Jefferies analyst Owen Bennett wrote in a note. “They are now using the $4 billion in cash they got due to Constellation to get a route to control in the world’s biggest market, and what’s more, in the U.S.’s biggest player,” wrote Bennett, who rates Canopy Growth hold with a price target of $64.
Motley Fool18 hours ago
These 15 Pot Stocks Will Generate the Highest Sales in 2020
Surprise! Canopy Growth isn't No. 1 (or 2).