Tilray Resolves a Small Issue but Bigger Problems Remain

Tilray

Chances are that investors would struggle to find a bigger (or buzzier) long-term growth opportunity at the moment than marijuana. Although black market cannabis sales continue to dominate, legal channel sales are soaring as new countries and U.S. states wave…

Why are shares of Hexo Corp. trading down 6% today?

Hexo Corp.

It’s been a great year for HEXO Corp. (NYSEMKT:HEXO) so far. The company reported tremendous revenue growth in its first full quarter of sales in the Canadian adult-use recreational marijuana market. It announced the acquisition of Newstrike Brands. And HEXO even received some love from…

Why Zynerba Pharmaceuticals Stock Is Skyrocketing Today

What happened Shares of Zynerba Pharmaceuticals (NASDAQ:ZYNE) were shooting 18.9% higher as of 10:57 a.m. EDT on Tuesday. The big jump came after the biotech announced that it received a new patent for treating autism spectrum disorders using synthetic cannabidiol (CBD). So what…

Why is Marijuana Stock Tilray Soaring 20% Today?

Tilray

Tilray shares surged more than 13% Monday in premarket trade after the Canadian pot company announced it struck a deal with its majority shareholder, a cannabis company backed by venture capitalist Peter Thiel, to sell the fund’s stake gradually over the…