Tilray Brands Inc
HHS calls for easing restrictions on marijuana, sending cannabis stocks higher
James Romano trims flower while working in CommCans processing facility in Medway, MA on Oct. 27, 2021. Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Shake can be used in CommCans pre-rolled joints or made into edibles. Erin Clark | Boston Globe | Getty Images […]
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Tilray is buying beverage brands from Molson Coors, Anheuser-Busch as cannabis industry struggles
Dry cannabis flowers inside the packaging room at the Aphria Inc. Diamond facility in Leamington, Ontario, Canada, on Wednesday, Jan. 13, 2021. Anne Sakkab | Bloomberg | Getty Images Tilray Brands is expanding its footprint in alcoholic and cannabis beverages, buying up brands from Molson Coors and Anheuser-Busch as legal restrictions hamper the marijuana industry. […]
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Tilray stock surges after cannabis company improves bottom line
Tilray Brands shares spiked Wednesday after the Canadian cannabis producer reported a narrower loss for its fiscal fourth quarter than a year ago and a solid revenue beat. The stock opened nearly 20% higher Wednesday at just under $2 per share. While a Canadian company, Tilray has been positioning itself to be a leader in the […]
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Cramer’s lightning round: I can’t recommend Penn Entertainment right now
Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They’re a money-losing SPAC. We’re not recommending any money losers.” Tilray Brands Inc: “They and Canopy, if you want to own them, you can own either one. I’m not […]
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Cramer’s lightning round: I’m sticking with Nvidia
Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.” GoPro Inc: “I said sell that stock. … $95, never looked back.” Home Depot Inc: “I think that the Fed is directly targeting renovation and building of homes. … […]
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Cramer’s lightning round: Service Corporation International is a good stock to own
MGM Resorts International: “I don’t really care for that group, but you know what, I think anything can bounce in that business.” Rio Tinto PLC: “I do think that it represents great assets, but if the stock’s going to reflect that in the near term, I don’t know.” PubMatic Inc: “It’s so expensive. … I […]
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Stocks making the biggest moves midday: CVS, Credit Suisse, AMD, Lyft and more
Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of lawsuits related to the bond insurance […]
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S&P 500 futures are flat in advance of September’s work opportunities report
Inventory futures were being mostly weak on Friday early morning as investors appeared in advance to September’s work opportunities report for even more clues into the Federal Reserve’s tightening marketing campaign. S&P 500 futures ended up in essence flat, though futures tied to the Nasdaq 100 slipped .4%. Dow Jones Industrial Typical futures were being […]
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Stocks making the major moves premarket: AMD, Levi Strauss, DraftKings and much more
In this short article AMD CVS DKNG AMBC CSG.N-CH Adhere to your most loved sharesMake Absolutely free ACCOUNT view now Video1:1901:19 Information Update – Pre-Marketplaces News Briefing In this article are the organizations that are producing headlines prior to the bell: Superior Micro Products (AMD) – AMD slid 5.3% in the premarket just after chopping […]
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Cannabis company Canopy applauds Biden’s marijuana pardons as stock surges
Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of marijuana possession. “Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a result,” David Culver, vice president of […]
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