Constellation Brands, the company behind brands like Corona beer, recently bought up a massive stake in the marijuana company Canopy Growth. Canopy Growth shares have climbed more than 285% since November, when Constellation first announced an investment into the company. In its first earnings report since the investment, Constellation said […]

Corona-maker Constellation Brands recently announced a $US4 billion investment in Canopy Growth Corp., the world’s largest publicly traded marijuana company. In its first earnings report since the stake was announced, Constellation’s CEO praised the investment as a “significant growth opportunity.” For the second quarter, Constellation topped Wall Street’s expectations and […]

Tilray said Wednesday it had increased the amount of dried marijuana it will purchase from Supreme Cannabis, from 2 million Canadian dollars to 12 million. Shares of Tilray surged on the news, while Supreme was mostly flat in early trading. Follow Tilray’s stock price in real-time here. Tilray is surging […]

Tilray shares surged more than 15% Tuesday after announcing it had exported cannabis to Australia. The CBD product will treat children with epilepsy in the state of Victoria. Follow Tilray’s stock price in real-time here. Tilray, one of the largest Canadian marijuana companies, said Tuesday that it had successfully shipped […]

Aurora Cannabis, one of the world’s largest publicly traded marijuana companies, reported a surprise profit Tuesday that sent shares up about 3%. The company increased its gross margins thanks to a higher selling price per gram of cannabis. Follow Aurora’s stock price in real-time here. Aurora Cannabis, the second-largest marijuana […]

Robinhood has suspended new buying of Aurora Cannabis through its platform, the brokerage said Wednesday. “This is happening because there’s limited support at execution venues for the large volume of ACBFF orders we’ve received,” it told users who own shares. Cannabis stocks are among the most popular on the brokerage, […]

Tilray hit a market cap of more than $US14 billion on Tuesday, making it worth more than the previous title-holder Canopy Growth. Tilray’s market cap has exploded by more than 800% since its July IPO. Follow Tilray’s stock price in real-time here. Tilray’s explosive growth this week, a 29% through […]

Tilray received approval to import medical cannabis into the US for a study in California, the company announced Tuesday. The stock surged 11% following the news, hitting a fresh high of $US133 in early trading. It’s now up 682% since its July initial public offering. Follow Tilray’s stock price in […]

A report out Thursday suggests workers in the Canadian cannabis industry could face a lifetime ban on travel to the US. Shares of Canadian cannabis companies were down as much as 15% on the news. Ballooning valuations have caused these companies to come under more scrutiny of late. Watch Tilray,Canopy […]

Tilray, one of Canada’s largest cannabis companies, surged on Thursday after the company announced it had received regulatory clearance to export flower products to Germany. The company is poised to become the first to sell both flower and oil products in Germany. Tilray has soared over 500% since it went […]

The Securities and Exchange Commission said Thursday that marijuana stocks were a hotbed of potential stock manipulation. The agency says to watch out for guaranteed returns, unregistered sellers, or unsolicited offers. Marijuana stocks have have been on fire following the legalization of cannabis in Canada – and the US’s top […]

Cronos Group, a $US2.5 billion Canadian cannabis company, has struck a $US122 million deal with Gingko Bioworks. The partnership will research ways to make cannabinoids – the active ingredient in marijuana – in a lab instead of from plants. Cronos and other weed stocks were up up as much as […]

Citron Research says marijuana company Cronos is worth one-third of its current value. Specifically, Citron says Cronos has duped investors by excluding key information from disclosures. Cronos fell as much as 10% following the note. Follow Cronos in real time here. Citron Research – a short-selling firm with a history […]

Tilray, the second-largest publicly traded marijuana company, posted quarterly earnings that topped expectations on Tuesday. The stock was up more than 18% following the news, with other marijuana companies also rising. Marijuana stocks have seen an impressive rally in recent months thanks to investments from major beverage companies. Follow Tilray’s […]

Canopy Growth Corporation hit a fresh record on Monday, continuing its surge from the previous week. Constellation Brands, which makes Corona and other famous beverages, is the company’s biggest investor. Follow CGC’s stock price in real-time here. Canopy Growth Corporation, the world’s largest publicly traded marijuana company, surged more than […]

Constellation Brands is upping its stake in Canopy Growth by $US4 million to 38%. The investment overshadowed a bigger-than-expected first-quarter loss by the Canadian cannabis company. Shares of CGC surged more than 50% following the announcement. Follow Canopy’s stock price in real-time here. Canopy Growth, the largest publicly traded marijuana […]

Canopy Growth, the world’s largest marijuana company, is set to report earnings after the closing bell Tuesday. The stock has long been popular among millennials on Robinhood, and Tuesday was no exception. Follow CGC’s stock price in real-time here. Canopy Growth – the world’s largest marijuana company and the first […]

Canopy Growth became the first marijuana stock to trade on the New York Stock Exchange, quickly racking up a market value of nearly $US6 billion. Business Insider spoke with its CEO, Bruce Linton, about what’s changed since he entered the industry nearly a decade ago. He said the US opioid […]