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Tilray CEO On Future Of Cannabis And Federal Rescheduling: 'We Did Not Sit Back And Wait'
Wednesday, July 31, 2024 - 1:24pm | 609The rescheduling of cannabis from a Schedule I to a Schedule III substance is on the horizon. Whether it happens before or after the upcoming election doesn’t not worry Tilray’s (NASDAQ:TLRY) CEO Irwin Simon. He says he’s confident about the future of the company regardless....
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Cannabis Industry's Capital Crunch: Why It Needs More Funds Than Other Industries, Will Fed Legalization Change This?
Tuesday, August 29, 2023 - 3:46pm | 1207Recent research conducted by Viridian Capital Advisors reveals that the cannabis sector requires more capital as compared to other similar industries. The findings offer a unique perspective into the challenges the cannabis industry faces, especially considering the potential for federal...
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Bud Light Maintained Its Dominant Market Position, But That Is Now A Thing Of The Past — Survey Reveals America's New Favorite Beer
Thursday, August 24, 2023 - 2:19am | 682Modelo Especial, a popular Mexican beer, has outpaced Bud Light in sales, dethroning the latter from its position as America’s favorite beer. This shift underscores a significant change in consumer tastes and preferences. What Happened: According to a Tuesday report by Fortune, despite a...
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Cannabis Giant Canopy Growth Removed From Market Benchmark S&P/TSX Composite Index
Monday, June 5, 2023 - 5:05pm | 503S&P Dow Jones Indices announced changes to the S&P/TSX Composite Index, which will take effect on June 19, including the removal of Canopy Growth Corporation (NASDAQ: CGC) from the index, a major market benchmark. This decision by S&P Dow Jones Indices highlights Canopy's...
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Who Are The Most Impactful Cannabis Executives Of 2022? Top Award Show Will Determine Who's #1
Tuesday, August 16, 2022 - 1:17pm | 993After the awesome Cannabis Capital Conference in Miami during 4/20 week, Benzinga is ready to go again in Chicago on September 13-14. As usual, Benzinga will celebrate the outstanding people, companies and organizations in the cannabis industry. This time we have something...
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Cannabis Movers & Shakers: Canopy Growth, Flower One & Green Check Verified
Friday, July 1, 2022 - 4:01pm | 729Canopy Growth’s BioSteel Sports Names President Canopy Growth Corp.’s (NASDAQ: CGC) BioSteel Sports Nutrition Inc. has tapped Bruce Jacobson to serve as its president. Together with co-founders John Celenza and Michael Cammalleri, Jacobson will be responsible for accelerating the growth...
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Constellation Brands Earnings Beat Estimates While Micron Waits In Wings After Close
Wednesday, June 30, 2021 - 10:08am | 2335Welcome to halftime. Sorry, there’s no concert. There’s also not a lot of action in the markets after a mixed performance overseas earlier Wednesday. We’re in wait-and-see mode ahead of Friday’s monthly payrolls report, so it wouldn’t be surprising if this is...
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Hi-Fi Hops: Lagunitas To Launch Cannabis-Infused Sparkling Water In July
Wednesday, June 27, 2018 - 4:04pm | 462Two trends — sparkling water and recreational cannabis — are joining forces forces in a new beverage. What Happened Heineken N.V. (ADR) (OTC: HEINY)-owned Lagunitas Brewing company will debut a THC-infused sparkling water beverage, Hi-Fi Hops. The product is an IPA-inspired, THC-...
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Benzinga's Bulls And Bears For The Past Week: Delta Air Lines, Buffalo Wild Wings And More
Saturday, July 1, 2017 - 11:43am | 653Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls featured travel and transportation stocks. Other calls focused on food and beverage stocks. Independence Day is upon us, meaning summer is undeniably in full swing. It is a time for taking trips...
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New Year's Earnings: Constellation Brands, Monsanto, Walgreens
Tuesday, January 3, 2017 - 7:47am | 821Just a few quarterly reports are scheduled for this week. An alcoholic beverage giant, an agricultural products giant and a leading drug store operator are on deck to share their latest results. The new earnings season really kicks into high gear in mid-January. The new earnings...
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It's A Very M&A Monday For Constellation Brands
Monday, October 17, 2016 - 10:43am | 354Constellation Brands, Inc. (NYSE: STZ), the parent company behind iconic alcoholic brands including Corona and other national brands, announced several notable updates to its M&A activity. First, the company reached an agreement to sell its Canadian wine business to the Ontario Teachers'...
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Jim Cramer Praises Constellation Brands
Wednesday, October 5, 2016 - 10:57am | 301Shares of Constellation Brands, Inc. (NYSE: STZ) hit a new 52-week high of $173.55 Wednesday after the company reported its second quarter results and boosted its guidance. The company's strong earnings print attracted the attention of Jim Cramer, who made the producer and marketer of...
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Can Nike Or Pepsi Beat Low Earnings Expectations?
Sunday, September 25, 2016 - 2:08pm | 662Upcoming earnings highlights include the latest results from two consumer goods giants. Consensus Wall Street forecasts see lower earnings from each of them. But only one of them is expected to show some growth on the top line. In another quiet week on the earnings front, reports from consumer...
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Earnings Expectations: Little Excitement For Bed Bath & Beyond And Monsanto
Sunday, January 3, 2016 - 7:27pm | 609Earnings reports are due from Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Monsanto Company (NYSE: MON) this week. Wall Street expectations are mixed to low for their quarterly results. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new...
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Earnings Expectations: High Hopes For KB Home And Walgreens
Sunday, January 3, 2016 - 7:20pm | 619Reports from KB Home (NYSE: KBH) and Walgreens Boots Alliance Inc (NASDAQ: WBA) highlight another quiet earnings week. Top-line and bottom-line growth are predicted for both of them. The fourth-quarter earnings season begins in mid-January. While we have turned the calendar page on a new year,...