weed

After a red-hot start to 2019, Canadian cannabis producer Aphria Inc (NYSE: APHA) has run out of steam, tumbling more than 31 percent in the past three months. Despite the recent weakness, one Wall Street analyst said Friday that the stock has 30-percent upside potential.  The Analyst...

Terrascend Corp (OTC: TRSSF) reported first-quarter revenue of CA$14.6 million ($10.8 million) Thursday and reiterated its full-year guidance.  What Happened The cannabis company said its revenue surged higher from CA$5 million in the fourth quarter. TerraAscend had zero revenue in the...

Tilray, Inc. (NASDAQ: TLRY) announced Thursday that its wholly owned subsidiary Tilray Portugal Unipessoal Lda. received a standard manufacturing license for its Cantanhede, Portugal-based Biocant Park facility. The facility has earned a Good Manufacturing Practices certification,...

Medicine Man Technologies, Inc. (OTC: MDCL) showed higher revenue and a higher net loss in its first-quarter report Tuesday, and the cannabis company's CEO eyed potential catalysts ahead, including legislation with a direct impact on the Colorado company.  What Happened Medicine Man...

FSD Pharma Inc (OTC: FSDDF), a company engaged in development of medical cannabis and research on cannabinoid-based treatments, announced the addition Monday of three major cannabis researchers to its scientific advisory board. What Happened The Canadian company said Daniel Piomelli, Ph.D...

Caliva, a vertically integrated cannabis company in California, announced its acquisition Friday of plant-based beverage maker Zola, which was acquired by the private equity firm KarpReilly in 2016. Why It Matters Caliva said it plans to use the acquisition to accelerate its expansion into the...

Multistate cannabis operator Body and Mind Inc (OTC: BMMJ) said Monday that it closed its previously announced private placement offering with M. Partners Inc for 11,780,904 units of the company at a price of CA$1.25 (93 cents) per unit.  The gross proceeds from the offering are CA$14.7...

As cannabis is increasingly discussed as a treatment option for veterans grappling with conditions such as post-traumatic stress disorder and pain, a growing number of veteran-owned businesses in the cannabis space are expanding on the connection.  From Military To Marijuana Veterans who spoke...

As is the case in any industry, some companies are simply better than others. This logic holds true in the cannabis space, where only some companies boast ample capital and are backed by a strong management team, CNBC's Jim Cramer said during his daily "Mad Money" show Thursday. Other...

Cannabis dispensary operator iAnthus Capital Holdings Inc (OTC: ITHUF) unveiled its national retail brand Canaccord Genuity third annual Cannabis Conference: "Be." Why It's Important Stores under the "Be." brand will represent an experience and environment that...

Tilray Inc (NASDAQ: TLRY) reported Tuesday with first-quarter results that were highlighted by a 195-percent jump in revenue year-over-year — and show the long-term opportunity within the cannabis space, CEO Brendan Kennedy told CNBC following the earnings release. Focus Beyond...

The state of Georgia was shaken in April by news of two veterans dying by suicide in a two-day period. With both deaths occurring near hospitals servicing the Department of Veterans Affairs, the VA was very much in the spotlight, as the media and citizens tried to make sense of the far-...

Columbia Care Inc. (OTC: COLXF) reported first-quarter revenue of $12.9 million Tuesday, a 45-percent year-over-year increase.  What Happened On a pro forma basis — including proceeds from its go-public transaction on April 26 — Columbia Care said it had $169.6 million...

Aurora Cannabis Inc (NYSE: ACB) shares fell in after-hours trading Tuesday after the Canadian cannabis company reported much deeper losses on a year-over-year basis — as well as much higher net sales of CA$65.145 million ($48.4 million) versus $16.1 million in sales in the third quarter of...

Canadian cannabis company Tilray Inc (NASDAQ: TLRY) reported first-quarter financial results after the close Tuesday. The company posted an adjusted earnings per share loss of 27 cents, inline with consensus estimates, and sales of $23.04 million. What Happened The company's revenue surged by...