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… Read More »
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,… Read More »
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… Read More »
