When California became the first state to issue a shelter-in-place because of the COVID-19 pandemic, it set another standard by declaring cannabis an “essential business.” But just as states’ overall responses to the pande...
Shares of marijuana producer Cronos Group Inc. rose 2.4% in the extended session Monday after the company restated several quarters of results and reported revenue below the consensus estimates.
Marijuana producer Hexo Corp. led cannabis stocks down Monday, falling 21% after the company reported earnings that were hit by write-downs.
The COVID-19 pandemic has proven a boon to U.S. marijuana producer Curaleaf Holdings Inc., as sales jump and many states say that cannabis is an essential service, an analyst wrote in a note to clients Wednesday.
The Securities and Exchange Commission has sent an inquiry to Cronos Group Inc., one of the largest cannabis producers in Canada, requesting the company retain records related to how it recognizes certain revenue, accordin...
As Americans faced seclusion due to the COVID-19 pandemic, shoppers in San Francisco had the option of stocking up on one popular product with a minimal amount of human interaction: Marijuana.
Investors bludgeoned Tilray Inc. stock Friday, sending shares of the Canadian cannabis producer down more than 30% after the company offered investors shares at less than a third of the price paid in its initial public off...
Canopy Growth Corp. shares fell 4% Thursday after the Canadian cannabis company announced it was cutting 500 jobs as it reduces capacity by closing two greenhouses and shelving plans for another.
Amid a widespread market selloff due to investor concerns about COVID-19, cannabis companies will have to contend with disruptions involving vaporizer hardware, the vast majority of which is produced in China.
Federal prosecutors have launched a probe of cannabis companies in California, seeking a batch of records held by a startup that functions as a Yelp for marijuana dispensaries, according to a grand-jury subpoena reviewed b...
Tilray Inc. stock was the biggest decliner among Canadian licensed cannabis producers on Tuesday, as analysts weighed in on weaker-than-expected fourth-quarter earnings that included a revenue miss and $112 million impairm...
Tilray Inc. shares dropped more than 12% premarket Tuesday after the weed company posted revenue that missed Wall Street estimates and a larger than expected loss.
GW Pharmaceuticals Inc. reported revenue that topped the consensus estimates Tuesday, as the company’s marijuana-derived epilepsy drug continue to grow.
Cowen downgraded Aurora Cannabis Inc. along with Tilray Inc. and Sundial Growers Inc. on Monday with analysts becoming increasingly cautious on the outlook for Canadian licensed producers.
Canopy Growth Corp.’s U.S.-listed shares rose Monday, extending gains made Friday after the Canadian cannabis company surprised investors with better-than-expected earnings.
The largest Canadian marijuana companies have less than a year’s worth of cash left on average, according to a new study.
Canopy Growth stock roared higher Friday and sparked a broad rally among cannabis stocks, after a better-than-expected earnings report bolstered sentiment on the beaten-down sector.
Canadians want cheap weed, which isn’t great for companies that want to make expensive cannabis.
Aurora Cannabis Inc. shares rose Thursday, after the company posted a set of earnings that were mostly expected, after the company last week unveiled a major overhaul of its operations.
Still the world’s largest weed company by market value, Canopy Growth Corp. and its bet on weed beverages have not blossomed exactly the way investors were promised.