-
Analyst Who Called 2022 Bitcoin Collapse Is Optimistic For The Short-Term: Here's Why
Sunday, August 28, 2022 - 9:26am | 516Bitcoin (CRYPTO: BTC) dipped below $20,000 on Saturday, and again on Sunday, a 70% drop from its all-time high. Bitcoin’s fall came after Federal Reserve Chief Jerome Powell cautioned against expecting a swift end to the Fed's rate tightening. The cryptocurrency was last below $...
-
2Q Canada Recreational Cannabis Market Analysis: +21 YoY Growth Outperforming The U.S.
Thursday, July 14, 2022 - 11:21am | 961In a recent analyst note, Cantor Fitzgerald's Pablo Zuanic gave an overview of the Canadian recreational cannabis market in the second quarter of 2022, according to data collected by Hifyre, a leading in-shop and online digital toolset for cannabis dispensaries. “The Canadian...
-
This Trader Says Unexpected Bitcoin Rally To Take Place In 2022, Predicts A Six-Figure BTC By 2023
Saturday, July 9, 2022 - 10:10am | 476According to notable cryptocurrency analyst Credible Crypto, Bitcoin (CRYPTO: BTC) will reach a new ATH and a six-figure BTC by 2023. The analyst expects close to a 219% explosion in the price of Bitcoin in less than six months. Still expecting a new ATH and six figure $BTC by...
-
Bitcoin Breaks Below $20,000: Analyst Says 'Panic Could Be Massive,' Predicts Lower Price Target
Saturday, June 18, 2022 - 6:52am | 524On Saturday, Bitcoin (CRYPTO: BTC) broke below $20,000 for the first time since December 2020. One analyst has been anticipating the breakdown and says things could get worse from here. What Happened: The pseudonymous crypto analyst Capo has been predicting that the overall cryptocurrency...
-
Analyst Says New Jersey Rec Marijuana Market Holds High Potential Despite Slow Start, Here's Why
Friday, May 27, 2022 - 9:00am | 680New Jerseyans spent $24 million on weed during the first month of recreational sales, roughly $5 million a week after a record-breaking first day when $2 million worth of cannabis was purchased. Cantor Fitzgerald’s analyst Pablo Zuanic said in his recent note that New Jersey saw a...
-
AYR Wellness: Management Expects 'Significant Sales' And 'EBITDA Ramp' In 2022
Thursday, May 26, 2022 - 5:33pm | 603The Analyst Pablo Zuanic from Cantor Fitzgerald kept a rating of "Neutral" on Ayr Wellness Inc. (OTC: AYRWF) stocks and lowered its 12-month price target to $6.75 from $13.30, due to reduced estimates and overall sectoral derating. The Thesis AYR reported stable sequential sales growth,...
-
Cannabis Reform Is 'By Far The Main Catalyst,' Analyst Discusses Jushi's Q4 Financial Results
Thursday, May 26, 2022 - 10:52am | 534Jushi Holdings Inc. (OTCQX: JUSHF) (CSE:JUSH) released its financial results for the first quarter of 2022 ended March 31, 2022, revealing revenue of $61.9 million, an increase of 48.5% year-over-year. Sequentially, revenue fell 6%, being in line with markets in which the company operates, with...
-
This Analyst Believes Bitcoin and Ethereum Will Outperform Stocks: Here's Why
Sunday, May 15, 2022 - 2:41pm | 445Bloomberg senior commodity strategist Mike McGlone has recently opined that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) will lead to the most crypto gains after the recent price dip. In an interview, McGlone said that the Federal Reserve’s interest rate hikes are more...
-
TerrAscend To See Top-Line & Margin Improvement In 2022, Analyst's Thoughts Post Q1 Earnings
Friday, May 13, 2022 - 1:11pm | 580TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF) reported its first-quarter financial results late Thursday, reporting net sales of $49.7 million, up 1% sequentially. The gross profit margin was 30.5% for the period compared to 42.3% in the prior quarter. The adjusted gross profit margin was 38.4% versus...
-
This Cannabis Stock Is Analyst's Top Pick Among Canadian LP Group, Here's Why
Wednesday, May 11, 2022 - 2:08pm | 566Village Farms International, Inc. (NASDAQ: VFF) reported Tuesday that its consolidated sales increased 34% year-over-year to $70.2 million in the first quarter of fiscal 2022. Canadian cannabis net sales increased 25% year-over-growth with a gross margin of 34% and adjusted EBITDA of $2.1...
-
Here's Why This Bitcoin Analyst Thinks BTC Is Approaching A Critical Juncture
Sunday, April 17, 2022 - 4:25pm | 418Prominent cryptocurrency analyst Benjamin Cowen has shared his thoughts on his YouTube channel about Bitcoin’s (CRYPTO: BTC) future direction. What Happened: He tells his over 725,000 subscribers that Bitcoin is putting in higher lows in a pattern that resembles other periods in BTC...
-
As Crypto Markets Pull Back, This Analyst Is Upbeat On Bitcoin, Dogecoin, And Ethereum
Sunday, April 10, 2022 - 12:51pm | 654One of the top crypto traders and the pseudonymous strategist Rekt Capital recently shared his outlook about Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and Ethereum (CRYPTO: ETH) as the crypto market attempts to bounce back. On his Twitter feed, he said that Bitcoin must recover a...
-
Analyst on Charlotte's Web: 'We Stay Neutral, But Do Keep An Eye On This CBD Sector Bellwether Stock'
Friday, March 25, 2022 - 10:30pm | 539The Analyst In a recent analyst note, Pablo Zuanic from Cantor Fitzgerald remained Neutral and lowered the 12-month price target price of Charlotte's Web Holdings Inc. (ARCA:CWEB) (OTC:CWBHF) to USD 1.20 from USD 1.50 based “on CBD sectoral derating and reduced sales estimates.” The...
-
Green Thumb Industries Among Top Cannabis MSO Stocks Ahead Of Earnings Season, Analyst Tells Us Why
Friday, February 25, 2022 - 12:42pm | 679As earnings season approaches, Cantor Fitzgerald analyst Pablo Zuanic discussed his expectations. One of his top stock picks, Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF), is poised to report its financial highlights for the fourth quarter of fiscal 2021 - first among the...
-
Why This Crypto Strategist Thinks Altcoins Are Likely To Get Hit Hard
Sunday, February 13, 2022 - 1:07pm | 339Crypto strategist and the pseudonymous analyst Pentoshi tells his 514,000 Twitter followers that Altcoins are likely to get hit hard as capital rotates to less risky assets. He says the crypto market is getting rid of ‘dead weight’ and warns Altcoins to face significant drawdowns....