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Investors of Aurora Cannabis, like investors everywhere, are an impatient lot. Wall Street expects profits, and none of these marijuana companies is anywhere near profitability.
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Cannabis stocks took a beating Friday after an analyst's comment that supplies would remain tight this year. But that's not all that's wrong in the pot sector.
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As the bad news piled up for CannTrust last year, the rest of the cannabis industry also imploded. What to expect from CannTrust in 2020 is a glass either half-empty or half-full.
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For those with a long-term horizon, now may be a good time to buy some shares in cannabis stocks, put them in your account and be patient. Merrill Lynch has five pot stocks rated Buy, and all have...
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The top analyst upgrades, downgrades and initiations seen on Monday included American Express, Apple, Applied Materials, Best Buy, Crowdstrike, F5 Networks, NetApp and Verizon Communications.
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Merrill Lynch has coverage on the marijuana industry, and when a major Wall Street firm like this one starts and maintains coverage, it pretty much legitimizes things for good.
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The top analyst upgrades, downgrades and initiations seen on Wednesday included Barrick Gold, CannTrust, Foot Locker, Inogen, L3Harris, Merck, Petrobras, Starbucks, Symantec and Tesla.
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Marijuana producer CannTrustintends to price more than 36 million shares to result in a secondary offering valued up to roughly $230 million.
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Initial public offerings and significant investment by established firms raised the valuations of several companies in the marijuana-related sector. Here are the 10 largest firms at the end of 2018.
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