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Canopy's $3.4 billion purchase of Acreage Holdings is unlike anything Wall Street or investors have ever seen.
The maker of Sam Adams has successfully diversified into hard cider and spiked seltzer and tea. But there is little upside left in its shares as bigger rivals move in.
Investor interest in marijuana stocks led Jefferies to hold its first cannabis conference, featuring 30 companies and 260 investors. Here are a few things that marijuana companies are thinking about for the long-term.
MillerCoors has publicly expressed anger about a controversial Bud Light ad that targeted two of its beers for using corn syrup as an ingredient. A Bud Light ad targeting two of MillerCoors' beer brands led the Chicago-based company to take out a full page ad in the New York Times, pull out of a meeting that included Bud Light's parent and file a lawsuit.
It wasn't very difficult for Greenlane Holdings to become the best IPO ever for a U.S. marijuana stock on the Nasdaq. Here's why.
Canopy Growth's Acreage Acquisition Boosts Sentiment(Continued from Prior Part)ACB, IIPR, and OGI gain On April 18, in the first half of the trading session, Aurora Cannabis (ACB) was trading up 1% while Innovative Industrial Properties (IIPR)
LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell said Thursday he plans to introduce legislation to raise the minimum age to buy tobacco products from 18 to 21 nationally, rating the health initiative as one of his top priorities.
The stocks of Canada’s Canopy Growth and the U.S.’s Acreage Holdings rose Thursday after Canopy announced a deal for the rights to acquire Acreage.
Philip Morris Beat Analysts' ESP and Revenue Expectations in Q1(Continued from Prior Part)Stock performancePhilip Morris International (PM) outperformed analysts’ revenue and EPS expectations in the first quarter. Despite strong first-quarter
Canopy Growth's Acreage Acquisition Boosts SentimentThe gains The cannabis sector appeared to show optimism after Canopy Growth (WEED)(CGC) announced that it would acquire Acreage Holdings (ACRGF), a US multi-state cannabis operator with
Canopy Growth to Acquire Acreage Holdings(Continued from Prior Part)Canopy Growth jumps Canopy Growth (WEED) (CGC) announced that it will acquire Acreage Holdings for a total value of $3.4 billion, which led the company’s stock price to jump on