Captor Capital Reports Higher Revenues and Lower Expenses in Unaudited Interim Financial Statements for the Three Months Ended September 30, 2019

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: CPTRF), (“Captor” or the “Company”), an integrated cannabis company, today released its interim financial statements and quarterly MD&A for the three months ended September 30, 2019. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. The Company…

Read More

2 Marijuana Companies That Are Looking Beyond Canada

Last year, legalization was all the rage in the marijuana industry. This year, international expansion seems to be the name of the game. With more and more jurisdictions opening their doors to legal cannabis, there are huge export markets up for grabs. And now, even smaller marijuana companies are getting in on the action. Historically, the large-cap licensed producers (LPs)…

Read More

Why Aphria (TSX:APHA) Stock Fell 10% Last Week

Last week was a rough one for Aphria Inc (TSX:APHA)(NYSE:APHA) shareholders, who saw their holdings decline by 9.74% in a single week. Although recent months have been bad for cannabis stocks in general, the sell-off in APHA is hard to explain, as the company has been performing better than its peers. Having posted positive net and operating income in its…

Read More

Cannabis Stocks Are Down: Here’s Why That’s Great for ETF Investors

It seems the excitement over marijuana stocks is finally subsiding. Canopy Growth, still the largest marijuana company in the world, has lost 55% of its value since early May this year. Its closest rivals, Aurora Cannabis and Cronos Group have both lost 50% and 47.2%, respectively, over the same period. Year to date, nearly every listed marijuana stock has lost market value. …

Read More

Aurora Cannabis (TSX:ACB) and Canopy Growth (TSX:WEED) Continue to Destroy Investor Wealth

The last month was really bad for cannabis investors, to say the least. Just when you thought that the cannabis stocks have bottomed out, the decline has gotten more severe. Horizons Marijuana Life Sciences Index ETF is trading at $11.47 and hit its 52-week low yesterday. The ETF fell 3.1% yesterday and is trading just above its IPO price of…

Read More

Why Aurora Cannabis’s (TSX:ACB) Stock Price Fell 5.66% in August

The marijuana sector took a hit in August with investors recording some double-digit losses on several industry tickers, and Aurora Cannabis’s (TSX:ACB)(NYSE:ACB) stock price wasn’t spared. It only recorded a modest 5.66% decline and somehow defied the negative selling pressures that clobbered its peers during the past month. Given that Horizons Marijuana Life Sciences ETF, which is a good proxy…

Read More

Why Did Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) Fall 13% in August?

Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) fell over 13% in August 2019. This ETF has returned -25% in the last three months and -19% in the last six months. HMMJ’s top holdings include Aurora Cannabis (TSX:ACB)(NYSE:ACB), Canopy Growth (TSX:WEED)(NYSE:CGC), and Cronos Group (TSX:CRON)(NASDAQ:CRON). Aurora Cannabis accounts for 10.3% of HMMJ, followed by Canopy Growth at 9.4% and Cronos at…

Read More

These Were the Worst-Performing Shares on the TSX Last Week

The TSX Index closed up 2.52% for the week heading into Labour Day weekend — the second time that Canada’s leading benchmark index has closed in positive territory over the past five weeks. However, despite a strong showing for the market overall, the companies that made this list didn’t fare quite so well. Pot stocks across the board continue to…

Read More

Namaste Technologies (TSXV:N) Is a Cheap Pot Stock With Huge Upside Potential

Namaste Technologies (TSXV:N) is a Vancouver-based e-commerce cannabis company. Namaste’s stock price got off to a good start in 2019 but dropped after the company was hit by some scandals. The company is recovering from a restructuring of management following the firing of CEO Sean Dollinger in February for alleged breach of his fiduciary duty to the company. In March,…

Read More

Could This Be the Next Big Trend in the Cannabis Industry?

The edibles market is just months away from going live in Canada. However, if it’s anything like last year’s marijuana launch, consumers and investors alike could be disappointed. Supply is still an issue and the retail market is still not operating anywhere near where it could be. That’s why it may come as no surprise that many consumers are still…

Read More