Robinhood, the zero-commission brokerage platform that is popular with millenials, has seen a surge in trading volume as the market entered a volatile period due to the coronavirus pandemic. Robintrack is a platform that uses data from Robinhood’s API to track how many of its users own a particular stock […]

Aurora Cannabis, a Canadian marijuana business, posted an 18% increase in third-quarter revenue on Thursday, as sales surged during the coronavirus pandemic. Aurora achieved a greater-than-expected performance during the early months of the coronavirus pandemic even as restrictions to make only essential purchases could mean consumers faced more difficulty in […]

On Friday before the bell, Canopy Growth Corp. reported fiscal third quarter 2020 earnings that beat analyst expectations. Shares of Canopy Growth gained as much as 22% Friday. Shares of other cannabis company stocks also rose, and the Horizons Marijuana Life Sciences Index ETF gained as much as 8%. Watch […]

Short-sellers betting against the cannabis sector have made $US993 million in mark-to-market gains year-to-date, according to a Wednesday note from financial-analytics provider S3 Partners. Those gains come even after solid sector performance erased $US132 million from short-seller profit in December on the 20 stocks that were most shorted, according to […]

Canopy Growth, Aurora Cannabis, Cronos Group, and Tilray all reported quarterly earnings this week. All reports fell short of analyst expectations and sent shares falling amid a difficult year for the cannabis industry. Here’s how each company did, and how much the stock was affected. Read more on Business Insider. […]

Aurora Cannabis sank as much as 11% on Thursday after missing analyst earnings estimates and pushing its profitability target to fiscal 2020. The company’s disappointing fiscal fourth-quarter figures mirror other cannabis companies. Canadian peer Canopy Growth missed quarterly expectations in August, with revenue falling under the lowest analyst estimate. Aurora […]

Aurora Cannabis, the Canadian weed producer, gave an update on fiscal fourth-quarter 2019 performance that shows strong revenue growth. Shares spiked as much as 16% on the news. Cannabis companies have struggled to win investors confidence over the summer, but a few key players have turned a corner recently. Watch […]

Weed stocks are astronomically valued compared to the tech, alcohol, and tobacco sectors. Markets Insider ranked several companies by a standard valuation metric which corrects for varying debt levels. The market does not appear concerned that the companies cannot operate in the US until federal legislation is passed to legalise […]

The billionaire Nelson Peltz is joining Aurora Cannabis as a strategic adviser. Peltz is the CEO and a founding partner of Trian Fund Management. He has served as the CEO and chairman of Triarc Companies, which owned Arby’s and Snapple, and has been on several company boards. Aurora Cannabis shares […]

Cowen, the first major Wall Street bank to follow marijuana stocks, has been publishing recommendations on Canopy Growth and Tilray, and on Tuesday added Cronos Group and Aurora Cannabis to its coverage. The four Canadian cannabis producers were listed in the US last year, prompting investors to pour money into […]

Marijuana producer Cronos Group on Monday announced that it has sold its 19% stake in Whistler Medical Marijuana to rival Aurora Cannabis. Aurora issued stock to pay approximately 175 million Canadian dollars ($US131.4 million) for the stake. Watch Cronos Group and Aurora Cannabis trade live. The marijuana producer Cronos Group […]

Cannabis producer Aurora Cannabis beat on the top line. The company said its margins were lower as production costs jumped and prices fell. It reiterated its guidance of achieving positive EBITDA beginning in the second quarter of calendar 2019 (its fiscal Q4). Watch Aurora Cannabis trade live. Cannabis producer Aurora […]

Aurora Cannabis reported first-quarter results on Monday. The marijuana grower generated $US29.7 million revenue, up 260% year-over-year. Aurora earned $US104.2 million, up 2,826% versus a year ago. Watch Aurora Cannabis trade live. The marijuana producer Aurora Cannabis jumped 4% early Monday after posting first-quarter results. Here are the key numbers: […]

Aurora Cannabis, one of the largest Canadian marijuana producers, is going public on the New York Stock Exchange. Shares will start trading on Tuesday morning. Aurora is joining a select list of Canadian cannabis producers, including Tilray and Cronos, that are able to list on US-based exchanges. Aurora Cannabis, one […]

Aurora Cannabis started trading on the New York Stock Exchange on Tuesday. It wasn’t the windfall investors hoped. Shares slid close to 15% throughout the day before recovering as the market closed. Analysts and investors aren’t worried, however. Most say the volatility is to be expected in an emerging sector […]

Aurora Cannabis on Tuesday is set make its trading debut on the New York Stock Exchange. Shares will trade under the ticker “ACB.” Weed stocks are getting slammed across the board, down between 7% and 14%. Watch Aurora Cannabis, Tilray,Canopy Growth, and Cronos, Weed stocks were under pressure Tuesday morning […]

The US stock market has faced a heavy selling over the past few weeks amid fears surrounding rising interest rates and escalating trade tensions. Warren Buffett tells investors to buy, hold, and don’t watch too closely when the stock market sells off. Investors on Robinhood, which is popular among younger […]