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Cannabis stocks fall as Curaleaf becomes latest company to scale back a big acquisition

Cannabis stocks fall as Curaleaf becomes latest company to scale back a big acquisition

Source: marketwatch.com Cannabis stocks were mostly lower Thursday, led by Curaleaf Holdings, after the company became the latest to scale back a previously announced acquisition following a massive re-rating of risk in the sector in the past few. The company said changes in market conditions prompted the move. Read the rest on marketwatch.com Cannabis Benefits, Cannabis Coffee …

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Hexo stock slides another 6% to weigh on cannabis sector after job cuts prompt downgrade

Hexo stock slides another 6% to weigh on cannabis sector after job cuts prompt downgrade

Source: marketwatch.com Hexo Corp. stock fell another 6% Friday, bringing its weekly losses to 14%, after CIBC downgraded the stock and said the 200 job cuts announced Thursday were the latest sign of the challenges facing the Quebec-based cannabis company. “Compressed margins, lower Quebec market share. Read the rest on marketwatch.com Cannabis Cure, Cannabis Food, …

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Back to Green: Cantor Fitzgerald says Canadian cannabis stocks have hit a bottom

Back to Green Cantor Fitzgerald says Canadian cannabis stocks have hit a bottom

Source: marketwatch.com After a bruising summer of selling, has the Canadian cannabis sector finally bottomed out? “Valuations are at two-year lows, and we deem them attractive based on the long-term opportunity,”Pablo Zuanic wrote in a note to clients Tuesday. Analyst finds comfort in the strength of the Colorado market. Read the rest on marketwatch.com Cannabis …

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