Page 102 - Cronos Group News Today

TORONTO — Canada's main stock index moved to within reach of a record high as cannabis and renewable energy stocks got a lift from Democrats winning control of the U.S. Senate and crude oil closed above US$50 a barrel. The S&P/TSX composite index ended Wednesday up 145.60 points to 17,828.11. It moved to within 46 points of last February's peak of 17,970.51 in earlier trading. "We're getting pretty close … but aside from the tech stocks across...

With Fragmented Healthcare System, Primary Care Companies Are in Focus The multi-trillion-dollar U.S. healthcare market is ripe for disruption. After all, the current system is fragmented, meaning there exists a lack of coordination that often results in an inefficient allocation of resources. “Fragmentation adversely impacts quality, cost, and outcomes. Eliminating waste from unnecessary, unsafe care is crucial for improving quality and reducing costs-and making the system financially sustai...

Pot stocks high as Democrats on brink of controlling US Senate Toggle share menu Advertisement Pot stocks high as Democrats on brink of controlling US Senate A participant in a study on the effects of cannabis, shows the marijuana flowers he has grown in his backyard, in Longmont, Colorado on Dec 19, 2019. (Photo: REUTERS/Kevin Mohatt) 06 Jan 2021 11:20PM (Updated: 07 Jan 2021 12:23AM) Share this content Bookmark LONDON: Cannabis stocks surged on Wednesda...

Expect sales growth of up to 176% for these pot stocks.

Published: Dec 30, 2020 at 6:56AM On Dec. 16, Tilray (NASDAQ:TLRY) announced plans to merge in an all stock transaction that would create a company with pro forma combined revenues of almost $685 million, pushing past the sectors current leader, The specifics of the deal are as follows: Current Aphria shareholders will receive .8381 shares of the "new" entity (to operate under the Tilray name and current ticker symbol) for each Aphria common share, while Tilray shareholder...

The cannabis sector was mostly dominated by non-financial events this week — namely, an ongoing freak out over Tesla Inc (NASDAQ: TSLA)’s Elon Musk taking one puff of a blunt during his appearance on “The Joe Rogan Experience.” Another big news item: a report... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:

Source: Shutterstock APHA stock is my top pick among cannabis stocks making a comeback. Even when the sector was depressed, APHA stock was relatively resilient. In the last six months, the stock has surged by 82%. I believe that there is more juice in the rally in the medium to long term. One reason to like Aphria is the fact that the company has been delivering positive EBITDA. The first quarter of 2021 was the sixth consecutive quarter of positive EBITDA. Most cannabis companies have struggle...

Let’s first start with the obvious.  Shopify Inc. (TSX:SHOP)(NYSE:SHOP) had a banger year this year, but also over the last three years. Since the company came onto the scene, shares have grown an unbelievable 3,785%! But even just looking at the past year, shares of Shopify have grown an incredible 165%. The market crash had many worried Shopify was doomed for failure, but the pandemic saved this stock. E-commerce became a necessity overnight, making Shopify increase revenue by record-brea...

Global Cannabis Market Report 2020 Featuring Aphria, Aurora Cannabis, Cannabis Science, Canopy Growth, Medical Marijuana, Inc, VIVO Cannabis, Tikun Olam, Terra Tech, Tilray and The Cronos Group News provided by Share this article Share this article Tetrahydrocannabinol-Dominant Segment to Register Highest CAGR in Cannabis Market during Forecast Period. The market is expected to reach US$ 147,457.4 million by 2027 from US$ 14,383.8 million in 2019; it is estimated to grow at a CAGR of 29.1% from...

Author Bio Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles. Altrias (NYSE:MO) first dividend payment of 2021 will be $0.86 per share, the companys board of directors has declared. It will be handed out on Ja...