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Canada's main stock index fell to a near three-week low on Monday in a broad-based selloff led by cannabis, energy and financial stocks, as investors remained nervous over the pace of rate hikes ...
After a brief selloff earlier in the week, shares of Tilray — the second-largest publicly traded marijuana stock — were up more than 17% Wednesday after the Canadian company posted quarterly ...
Symbotic (NASDAQ: SYM) gave investors unfortunate news about its financial statements that are crashing the stock price. Stock prices used were the afternoon prices of Nov. 26, 2024. The video was ...
This is a list of the world's largest cannabis companies by revenue. The list shows cannabis companies ranked by annual revenue. The list includes companies whose primary business activities are associated with cannabis. Globally, Curaleaf is the largest cannabis company in the world. [1]
A report in October 2019 by Bloomberg News painted a bleak picture of the legal cannabis industry. Because of the relatively few retail outlets, especially in Ontario, and the high retail prices, the black market remained persistent. An independent cannabis research firm estimated that the black market accounted for 86% of cannabis sales.
The Toronto Stock Exchange (TSX) was affected strongly by the 2020 stock market crash, with an overall 12 percent decline on 12 March 2020 of the S&P/TSX Composite Index, its biggest single-day decline since 1940, twice triggering market circuit breakers. [59] [60] The week of 9–13 March 2020 was the TSX's worst week on record. [61]
Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to discuss the outlook for the cannabis industry as weed stocks decline.
Investors sold out of North American weed stocks when the news hit. Clearly, many of them see a dark future ahead for such stocks. ... According to media reports citing campaign finance records ...