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cannabis: Archive

Zacks Equity Research

GrowGeneration (GRWG) Buys Stores in Alaska to Boost Portfolio

GrowGeneration (GRWG) acquires two stores in Alaska, increasing the number of states it operates in to 18.

AUNegative Net Change GFINegative Net Change AGINegative Net Change GRWGPositive Net Change

Zacks Equity Research

GrowGeneration (GRWG) Enters Mushroom Industry With GrowLife Deal

GrowGeneration (GRWG) forms an alliance with Bridgetown Mushrooms to sell Bridgetown's mycology products.

GFINegative Net Change AGINegative Net Change PHOTNo Net Change GRWGPositive Net Change

Zacks Equity Research

Innovative Industrial's (IIPR) Q1 Adjusted FFO Beats Estimates

With the cannabis industry gaining prominence, Innovative Industrial's (IIPR) investment in such properties aids its Q1 performance, though high expenses act as a spoilsport.

STAGPositive Net Change IIPRPositive Net Change VICINegative Net Change

Zacks Equity Research

Factors to Impact Innovative Industrial's (IIPR) Q1 Earnings

With the cannabis industry gaining prominence, Innovative Industrial's (IIPR) investment in such properties is likely to have aided its Q1 performance, though high expenses might have played a spoilsport.

AHHPositive Net Change IIPRPositive Net Change GRP.UPositive Net Change

Bryan Hayes

Pot Stocks Surge on SAFE Banking Act Reintroduction

Lawmakers are attempting to make a final push toward delivering financial services for the cannabis industry.

CGCPositive Net Change MSOSNegative Net Change GTBIFNegative Net Change

Bryan Hayes

Is Tilray Brands (TLRY) A Buy Ahead of Fiscal Q3 Earnings Announcement?

Industry headwinds still present a major challenge.

TLRYPositive Net Change

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 GRWGPositive 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 AMRNPositive Net Change AXSMPositive Net Change ALLOPositive 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 IIPRPositive 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 TSLAPositive Net Change BABAPositive Net Change CGCPositive 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 TSLAPositive Net Change BABAPositive Net Change CGCPositive 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 TSLAPositive Net Change BABAPositive Net Change CGCPositive 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 BGPositive Net Change IOSPPositive Net Change GRWGPositive 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.

AVEOPositive Net Change CYCCPositive Net Change ACBPositive Net Change GDRXPositive 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.

HSTPositive Net Change PSAPositive Net Change EXRPositive Net Change IIPRPositive 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.

SMGPositive Net Change GRWGPositive 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 SQMPositive Net Change CBTPositive Net Change GRWGPositive 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 NVAXPositive Net Change AXSMPositive 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).

MJPositive Net Change CRONPositive 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 TLRYPositive 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 NTRPositive Net Change GRWGPositive 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 NTRPositive Net Change GRWGPositive 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 CBTPositive Net Change TECKPositive Net Change GRWGPositive 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.

DLTRPositive Net Change COSTPositive Net Change FLPositive Net Change GRWGPositive 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 GRWGPositive Net Change