$CRON #CRONOSINC – Stocks Climbed Amid Stimulus Hope and Improved Earnings
Wednesday, 20 January 2021, 14:30:52
STATE OF THE MARKETS Stocks climbed amid stimulus hope and improved earnings. US equities climbed higher on the back of improved earnings reported by major banks and corporations; fueled by Treasury Secretary nominee Janet Yellen’s statement to the Senate that America need to “act big” to save the Covid ridden economy. The benchmark 10Y yield slid lower, below 1.10%, as more than $68 billion flowed into the Treasury coffer. The risk-on sentiments, sent crude higher on the hope of improved demand as vaccine roll-out completed by mid-summer. The black gold closed nearly $53/bl with more than $200 million worth of block orders in the futures market. Gold retained bidders as new stimulus raised concerns of rising inflation. The yellow metal advanced higher, breaking $1850/oz, in the early Asian trading, Wednesday. In the FX space, the greenback took a pullback in the short-term, while remain well supported in the medium-term. The global reserve currency took a step back in the long-term accounts, paving way to Kiwi and Swiss, while remain supported by Yen and Euro.
Cannabis Stock Gainers And Losers From January 13, 2021
Wednesday, 13 January 2021, 22:50:39
GAINERS: Halo Labs (OTCQB: AGEEF ) shares closed up 25% at $0.10 Hollister Biosciences (PINK: HSTRF ) shares closed up 25% at $0.32 Helix Technologies (OTCQB: HLIX ) shares closed up 24.98% at $0.75 HEXO (NYSE: HEXO ) shares closed up 17.6% at $6.28 TerrAscend (OTCQX: TRSSF ) shares closed up 14.32% at $12.83 Tilray (NASDAQ: TLRY ) shares closed up 12.51% at $15.02 Curaleaf Holdings (OTCQX: CURLF ) shares closed up 10.38% at $15.63 Cronos Group (NASDAQ: CRON ) shares closed up 9.63% at $10.70 Bloom Energy (NYSE: BE ) shares closed up 8.59% at $38.70 Cresco Labs (OTCQX: CRLBF ) shares … Full story available on Benzinga.com
Cannabis Companies Entered 2021 With A Bang
Wednesday, 13 January 2021, 16:37:22
The Democratic win that joined the wave of state legalization is encouraging for the cannabis market. Based on their most recent quarterly filing, Canopy Growth Corp (NASDAQ: CGC ), Cronos Group Inc (NASDAQ: CRON ), GW Pharmaceuticals PLC (NASDAQ: GWPH ), Aphria Inc (NASDAQ: APHA ) that announced it will merge with Tilray Inc (NASDAQ: TLRY ) in mid-December and Trulieve Cannabis Corp (OTC: TCNNF ), entered 2021 with the most cash on their balance sheets. But other stocks such as Curaleaf Holdings Inc (OTC: CURLF ), Cresco Labs Inc (OTC: CRLBF ), Planet 13 Holdings Inc (OTC: PLNHF ), Innovative Industrial Properties Inc (NYSE: IIPR ) and Green Thumb Industries Inc (OTC: GTBIF ) show a lot of potential as well, along with several powerful small caps. Being Cash-Rich Is Not Is As It Seems Aphria is yet to produce a net profit but it is in a great position to expand into the U.S. market as mass legalization continues. Another catalyst for growth is its announced $4 billion merger with Tilray.
Cannabis Stock Gainers And Losers From January 11, 2021
Monday, 11 January 2021, 23:06:01
GAINERS: Australis Capital (OTCQB: AUSAF ) shares closed up 44.13% at $0.50 Vireo Health Intl (OTCQX: VREOF ) shares closed up 21.59% at $2.37 Greenlane Holdings (NASDAQ: GNLN ) shares closed up 20.27% at $6.29 GrowGeneration (NASDAQ: GRWG ) shares closed up 13.77% at $51.56 Aleafia Health (OTCQX: ALEAF ) shares closed up 11.71% at $0.55 Canopy Rivers (PINK: CNPOF ) shares closed up 10.08% at $1.31 Harvest Health (OTCQX: HRVSF ) shares closed up 9.96% at $3.09 MariMed (OTCQX: MRMD ) shares closed up 9.29% at $0.63 Tilray (NASDAQ: TLRY ) shares closed up 9.02% at $12.33 Cronos Group (NASDAQ: CRON ) shares closed up 8.17% at … Full story available on Benzinga.com
Cannabis Stocks Watchlist: Marijuana Deal Falls Apart
Monday, 11 January 2021, 14:44:48
See how cannabis stocks such as Tilray, Cronos Group, GW Pharma and Canopy Growth performed in the market this week.
— The Street
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