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cannabis: Archive

Zacks Equity Research

GrowGeneration (GRWG) Q4 Earnings Miss, Revenues Down Y/Y

GrowGeneration (GRWG) reports lower revenues and a loss per share of 25 cents for the fourth quarter of 2022 due to the ongoing weakness in the cannabis industry and efforts to lower its inventory.

STLDPositive Net Change NUEPositive Net Change ZEUSPositive Net Change GRWGNegative Net Change

Zacks Equity Research

Jazz's (JAZZ) Q4 Earnings Miss Estimates, New Drugs Drive Sales

Jazz (JAZZ) reports dismal fourth-quarter results as earnings and sales miss expectations. Sleep disorder drug Xywav become the company's largest product by net sales during the quarter.

JAZZPositive Net Change AMRNNegative Net Change AXSMNegative Net Change ALLONegative Net Change

Zacks Equity Research

Factors to Impact Innovative Industrial's (IIPR) Q4 Earnings

With the cannabis industry gaining prominence, Innovative Industrial's (IIPR) investment in such properties is likely to have aided its Q4 performance, though high expenses might have played a spoilsport.

PSAPositive Net Change EXRPositive Net Change IIPRNegative Net Change PSTLPositive Net Change

Andrew Rocco

Wednesday Recap: Minty Fresh Breadth

Breadth is an important measure used by investors to determine how strong or weak a market index is beneath the surface. Tuesday, the market flashed very strong breadth - an indication that bulls may be ready to take back the baton.

AAPLPositive Net Change MSFTPositive Net Change SINegative Net Change TSLAPositive Net Change BABAPositive Net Change CGCNegative Net Change

Benjamin Rains

Marijuana Sales Are Soaring and the Sky's the Limit

Marijuana stocks were battered in 2022 along with all the other growth names, which means they're set for a big rebound. Ben Rains can get you prepared for a burgeoning space that grows more profitable and more legal every day.

AAPLPositive Net Change MSFTPositive Net Change SINegative Net Change TSLAPositive Net Change BABAPositive Net Change CGCNegative Net Change

Benjamin Rains

The Booming Legal Cannabis Market Has Plenty of Upside

The state-by-state marijuana legalization wave continues to sweep the country and is gaining steam across all types of political and social leanings. Ben Rains says now is the time to get involved in this growing space, which should see U.S. sales soar past $30 billion this year.

AAPLPositive Net Change MSFTPositive Net Change SINegative Net Change TSLAPositive Net Change BABAPositive Net Change CGCNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Grows Base With 1st Store in New Jersey

GrowGeneration (GRWG) launches its first store in New Jersey to widen its reach to 16 states and further strengthen its operations.

NUEPositive Net Change BGNegative Net Change IOSPNegative Net Change GRWGNegative Net Change

Zacks Equity Research

Aurora Cannabis (ACB) to Report Q1 Earnings: What's in Store?

Continued strength in Aurora Cannabis' (ACB) domestic adult recreational segment is expected to have driven Q1 sales.

AVEONo Net Change CYCCPositive Net Change ACBNegative Net Change GDRXNegative Net Change

Zacks Equity Research

Key Factors to Impact Innovative Industrial (IIPR) Q3 Earnings

With the cannabis industry gaining prominence, Innovative Industrial's (IIPR) investment in such properties is likely to have aided its Q3 performance, though high expenses might have played a spoilsport.

HSTNegative Net Change PSAPositive Net Change EXRPositive Net Change IIPRNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Opens 1st Hydroponic Store in Virginia

GrowGeneration (GRWG) opens a new store in Virginia and signs two new leases in New Jersey and Missouri, progressing well on its strategy to grow its retail presence across North America.

SMGNegative Net Change GRWGNegative Net Change GTBIFNegative Net Change CRLBFNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Q2 Earnings Miss, Lowers '22 View

GrowGeneration (GRWG) reports a drop in Q2 revenues due to the ongoing weakness in the cannabis industry. It lowers revenue guidance to $250 million and $275 million for 2022.

ALBPositive Net Change SQMNegative Net Change CBTNegative Net Change GRWGNegative Net Change

Zacks Equity Research

Jazz's (JAZZ) Q2 Earnings Beat, New Drugs Post Robust Sales

JAZZ's Q2 earnings and sales beat expectations on strong demand for its new drugs and drugs added with the acquisition of GW Pharmaceuticals. The company affirms its 2022 guidance.

LLYPositive Net Change JAZZPositive Net Change NVAXNegative Net Change AXSMNegative Net Change

Bryan Hayes

Are Marijuana Stocks A 'Buy' Amid U.S. Decriminalization Bill?

If signed into law, it would remove marijuana from the Controlled Substances Act (CSA).

MJNegative Net Change CRONNegative Net Change

Zacks Equity Research

Tilray (TLRY) to Report Q4 Earnings: What's in the Cards?

Investors will focus on revenue growth and other pipeline updates, when Tilray (TLRY) reports fiscal fourth-quarter results.

GSKPositive Net Change MRKPositive Net Change SGENPositive Net Change TLRYNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) to Open 1st Hydroponic Store in Mississippi

GrowGeneration's (GRWG) new store location will open on June 27, which takes its total number of hydroponic garden store locations to 64 in the United States.

ATIPositive Net Change ALBPositive Net Change NTRNegative Net Change GRWGNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Q1 Earnings Miss, Trims '22 Outlook

GrowGeneration (GRWG) reports a drop in Q1 revenues due to the ongoing weakness in the cannabis industry. It lowers revenue guidance to $340 and $400 million for 2022.

CMCPositive Net Change NTRNegative Net Change GRWGNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Q4 Earnings Beat, Revenues Improve Y/Y

GrowGeneration (GRWG) reports year-over-year improvement in Q4 revenues despite the ongoing weakness in the cannabis industry. It expects revenues between $415 million and $445 million in 2022.

ATIPositive Net Change CBTNegative Net Change TECKPositive Net Change GRWGNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) to Report Q4 Earnings: What's in Store?

GrowGeneration's (GRWG) fourth-quarter 2021 results are expected to reflect the impacts of a weak hydroponics market as well as supply-chain disruptions and inflated costs.

DLTRNegative Net Change COSTPositive Net Change FLNegative Net Change GRWGNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Opens Sixth Hydroponic Store in Oklahoma

GrowGeneration's (GRWG) new store location takes its total number of hydroponic garden store locations to 63 in the United States.

CMCPositive Net Change HAYNPositive Net Change ASIXPositive Net Change GRWGNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Updates Financial View for Q4 and 2021

GrowGeneration (GRWG) expects full-year revenues between $420 million and $422 million.

CMCPositive Net Change HAYNPositive Net Change ASIXPositive Net Change GRWGNegative Net Change

Zacks Equity Research

Ulta Beauty and Freshpet have been highlighted as Zacks Bull and Bear of the Day

Ulta Beauty and Freshpet have been highlighted as Zacks Bull and Bear of the Day

ULTAPositive Net Change FRPTPositive Net Change IIPRNegative Net Change CRONNegative Net Change CGCNegative Net Change

Benjamin Rains

Marijuana Stocks -- What Are You Waiting For?

Marijuana is now a burgeoning $20 billion a year industry that's likely to grow to $90 billion in the next five years or sooner. And we're still in the very early days! Ben Rains outlines the various ways that you can take advantage of this seismic shift.

ULTAPositive Net Change FRPTPositive Net Change IIPRNegative Net Change CRONNegative Net Change CGCNegative Net Change

Benjamin Rains

Big Marijuana Stock Profits in Surprising Places

You can still get in on the ground floor of the marijuana market, which will only get hotter as more states and countries move toward legalization. Ben Rains shows several ways to invest before the floodgates open.

ULTAPositive Net Change FRPTPositive Net Change IIPRNegative Net Change CRONNegative Net Change CGCNegative Net Change

Neena Mishra

Should You Buy Beaten Down Cannabis Stocks & ETFs Now?

CNBC's cannabis expert Tim Seymour discusses the outlook for the industry.

STZPositive Net Change MNSTPositive Net Change CGCNegative Net Change VFFPositive Net Change CNBSNegative Net Change

Zacks Equity Research

GrowGeneration (GRWG) Q3 Earnings Lag Estimates, Revenues Up

GrowGeneration's (GRWG) Q3 results benefit from growth in the e-commerce channel and improvement in same-store sales.

NUEPositive Net Change BGNegative Net Change OLNPositive Net Change GRWGNegative Net Change