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Cannabis

Chipmakers, airlines rally lift the Nasdaq despite government shutdown, trade war

On January 24, Thursday, airline stocks and chipmakers lifted the Nasdaq, especially on a day that China-US trade war and…

Blizzard Entertainment renews China deal amid faltering user growth

When Activision Blizzard (ATVI) partnered with China-based NetEase (NTES) more than a decade ago, the main attraction was the growing…

The cannabis industry is high on deals and partnerships

The marijuana industry may be a relative newbie in the stock markets, but that isn’t stopping it from going on…

Canada-listed cannabis firm Harvest bags every license it applied for in Pennsylvania

Canada-listed Harvest Health & Recreation, Inc. announced it won every license it applied to open more retail stores. According to…

Aurora Cannabis eyes 130-mn market through Mexican firm acquisition

Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced…

Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group

Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion) in Toronto-based…

Despite uncertainties, cannabis firms emerge as top takeover targets

In all probability, 2019 will be the year of cannabis as far as Wall Street is concerned. After the beverages…

Nine years after launch, Beyond Meat goes public

Last Friday, Beyond Meat filed its prospectus to go public on Nasdaq under the symbol “BYND”. The veggie company, which…

Cronos reports loss in 3Q despite strong revenue growth

Cannabis producer Cronos Group (CRON) revenues jumped 186% to CAD3.76 million for the third quarter 2018, aided by strong sales…

Earnings Preview: Canopy Growth is where the money is

What a year it has been for the cannabis industry in America! Including the midterm events that lead to Utah…