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Ana Pena

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Why Did Canopy Growth (TSX:WEED) Stock Gain Almost 20% Yesterday?

Shares of Canada’s top cannabis company, Canopy Growth (TSX:WEED)(NYSE:CGC) rose close to 20% on November 20, 2019. The stock lost 33% in market value between November 8 and November 18, as the company reported underwhelming September-quarter results. Canopy disappointed investors with less-than-estimated revenue and earnings. Poor earnings of several other cannabis companies resulted in mayhem…

E-Cigarette Statistics Show Why Cannabis Stocks Are Just Getting Started

E-cigarettes are currently roiled in controversy, albeit sales growth remains positive. Looking back, it’s amazing how quickly this industry emerged. In 2013, the global vaping market was worth just $4 billion. This year, it’s expected to approach $20 billion, which represents 500% growth in just six years. By 2023, Euromonitor International expects the market size…

Village Farms (TSX:VFF) Battles Joint Venture Partner: Could Both Cannabis Stocks Suffer?

Greenhouse farming expert Village Farms International’s (TSX:VFF)(NASDAQ:VFF) stock surged when it announced plans for cannabis production through a joint venture (JV) with technical partner Emerald Health Therapeutics (TSXV:EMH) in 2017, but rifts are emerging between the two partners and the situation could get ugly. Village Farms and EMH hold a 50% stake each in the…

Will Charlotte’s Web Holdings (TSX:CWEB) Stock Create Significant Shareholder Wealth?

We have seen the chaos in the cannabis sector over the last few months. Most cannabis stocks have lost 70% in market value, driven by lower-than-expected demand. The slow rollout of retail stores, competition from illegal sellers, and regulatory concerns have decimated pot stocks. But what if I told you one marijuana company has the…

Captor Capital Announces Addition to Board of Directors

TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: CPTRF), (“Captor” or the “Company”), an integrated cannabis company, today appointed Mark Klein to the Board of Directors as an Independent Director. Mr. Klein has almost two decades of senior level experience in all facets of start-ups, business…