Canopy Growth CEO says ‘For sure there’s a marijuana bubble’

Canopy Growth Corporation saw its shares fall 13% on Wednesday after reporting disappointing earnings that included a revenue decline. Analysts had expected better results from Canopy after Canada launched legal recreational marijuana sales on Oct. 17. Continue reading “Canopy Growth CEO says ‘For sure there’s a marijuana bubble’”

Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better

Marijuana stocks rallied Monday after one of the largest Canadian cannabis companies announced that it has agreed to acquire a U.S.-based hemp company.

Canopy Growth told investors its purchase of Evergreen, Colorado-based ebbu will “complement and accelerate” its ambitions to expand into new types of consumer products. Continue reading “Pot stocks rally after Canopy Growth buys US hemp researcher to help it grow marijuana better”