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Largest Cannabis MSO Stocks Advanced 8.5%, On Average, Last Week
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 8:18 PM EDT
The legalization of cannabis in Germany last week sparked a 66% surge in the 5 largest Canadian cannabis LP stocks last week but only a 8.5% increase in the 7 largest American cannabis MSO stocks.
How Germany Sparked 66% Rally In Canadian LP Stocks Last Week
Article By:
Lorimer Wilson
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Sunday, March 24, 2024 12:30 AM EDT
A historic vote in Germany on Friday decriminalized cannabis, sparking a rally in shares of Canadian cannabis LP stocks - first, Canopy Growth and Tilray, both of which do business in Germany, and then spreading to other major Canadian cannabis LPs.
Cresco Labs Q4 Report Shows Major Improvement In Net Profit
Article By:
Lorimer Wilson
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Monday, March 18, 2024 4:21 PM EDT
Cresco Labs' financial results show considerable improvement in Adjusted EBITDA, a Net Profit turnaround.
In this article: CRLBF
"Freaky Friday" Startled Our American Cannabis MSO Index, In A Good Way
Article By:
Lorimer Wilson
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Sunday, March 17, 2024 9:08 PM EDT
Last Friday the trading volume in the 7 stocks in our American Cannabis MSO Stocks Index was 51.5% higher than the average daily trading volume. Pricewise, the Index was up almost 15%.
From The CoT Report: What Hedge Funds, Noncommercials Are Buying, Selling
Article By:
Paban Pandey
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Sunday, March 17, 2024 12:09 AM EDT
For the second week in a row, the weekly has now produced a candle with a long upper shadow. This is taking place even as investor sentiment further rose into giddy territory.
Q4 Financials Of Cannabis MSO, TerrAscend, Were Terrible
Article By:
Lorimer Wilson
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Friday, March 15, 2024 1:04 PM EDT
Management claims that TerrAscend has the right team, assets, cash flow, and ample greenfield opportunities to pursue additional growth in 2024 by capitalizing on the current environment and entering into attractive states on accretive terms.
In this article: TSNDF
Cannabis MSO Ayr Wellness Reports Q4 Increase In Net Loss Of 53%
Article By:
Lorimer Wilson
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Thursday, March 14, 2024 4:00 PM EDT
Ayr Wellness Inc. reported financial results for the fourth quarter ended December 31, 2023 today.
In this article: AYRWF