Tag Archives:  ACB

Why Aurora Cannabis, Tilray, and Sundial Growers Stocks Tumbled Today

What happened

Marijuana stocks got thrown for a loop on Thursday, and shares of Aurora Cannabis (NASDAQ:ACB) are trading down 3.6% as of 3:40 p.m. EDT, followed by Sundial Growers (NASDAQ:SNDL) with a 4% loss, and Tilray (NASDAQ:TLRY) down 4.4%.

So what

It’s rarely easy to put your finger on what exactly causes a marijuana stock to go up or down. None of these stocks are profitable, after all, and according to Wall Street analysts polled by S&P Global Market Intelligence, profitability remains at least a few years away for most of them.

Sundial, for example,....More>>>

Bullish Tuesday For Marijuana Stocks – Sundial, Aurora, Tilray & Cronos Among Top Gainers

GAINERS:
Rhinomed (OTC:RHNMF) shares closed up 25.36% at $0.26 with an estimated market cap of $66,497,992. Leviathan Natural Prods (OTC:LVCNF) shares closed up 24.29% at $0.5 with an estimated market cap of $42,498,916. iAnthus Capital Hldgs (OTC:ITHUF) shares closed up 20.41% at $0.34 with an estimated market cap of $58,847,824. GreenTree Hospitality Gr (NYSE:GHG) shares closed up 11.03% at $9.24 with an estimated market cap of $943,936,745. Next Green Wave Holdings (OTC:NXGWF) shares closed up 8.36% at $0.59 with an estimated market cap of $107,668,941. Green Organic....More>>>