Here Are Some Top Marijuana Stocks For Investors TodayPeople who have been investing in marijuana stocks could soon a big change. Now this change is more from an industry standpoint which can in turn help how marijuana stocks trade. As most publicly traded companies news about the sector or individual company can impact trading. Marijuana stocks are no different in fact they can have a greater impact due to how volatile the sector can be. Nonetheless, it is yet to stop others from looking for the best marij ...

Shares of Canopy Growth Corporation (CGC 63.38%) have rocketed higher this week, according to data from S&P Global Market Intelligence. The Canadian cannabis producer is up over 100% after Vice President Kamala Harris called for cannabis to be decriminalized as quickly as possible. Investors have taken this in stride and aggressively bought the stock.As of 3:17 p.m. ET on Friday, March 22, shares of Canopy Growth are up 135.1% this week. Here's why.A path to legalization in the United States?In the State of ...

Shares of Canopy Growth (NASDAQ:CGC) stock are surging higher following the German government’s decision to legalize marijuana for adults, effective as of April 1. CGC has now more than doubled this week.With the approval, Canopy expects growth for its Storz & Bickel (S&B) brand, which produces medically approved vaporizers in Germany. Canopy acquired S&B in 2018 for about $157 million. Two of its vaporizers, the VOLCANO MEDIC 2 and the MIGHTY+ MEDIC, received European Union Medical Device Regulations (MDR) ...

Cannabis stocks are absolutely ripping higher today. A range of Canada-based cannabis companies, including Canopy Growth (NASDAQ:CGC), Tilray (NASDAQ:TLRY) and Cronos (NASDAQ:CRON) are up more than 7% in today’s session, with Canopy Growth leading the way with a gain of almost 60%.This move has obviously reignited excitement in a sector many investors have long forgotten about. Following Canada’s full legalization of cannabis in 2018, it’s been a long wait to see other countries follow suit. A number of jur ...

Removal of narcotic status for cannabis expected to accelerate growth of the German medical cannabis market  SMITHS FALLS, ON, March 22, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), a world-leading diversified cannabis company, celebrates the German government's final approval legalizing cannabis, as well as advancing a clear victory for enhanced medical cannabis access. As of April 1, 2024, cannabis will officially be recognized as a non-narcot ...

Investors will always continue to chase weak stocks that are poorly rated for the chance at contrarian success. Yet, most times it is best to follow the herd when Wall Street repeatedly raises the warning flag on a given stock. That’s as true for Nasdaq stocks to avoid as it is for NYSE shares and shares that trade over-the-counter.Remember, Wall Street employs hundreds and hundreds of analysts whose sole job is to analyze companies and sectors. Those analysts have access to the most up-to-date information ...

Canopy Growth (NASDAQ:CGC) is looking like a key beneficiary amid rising calls for federal marijuana policy reform. As of this writing, CGC stock has gained more than 10% on Wednesday. For the past five days, shares are up by more than 40%.Late last week, Vice President Kamala Harris stated that the U.S. Drug Enforcement Administration (DEA) must reconsider its stance on marijuana, calling the current policy “absurd.” In a White House meeting with a group of individuals who received marijuana pardons under ...

The Top Canadian Cannabis Companies This Mid-MarchAs we turn our attention to the Canadian cannabis sector and top marijuana stocks this week, it’s hard not to notice the buzz it’s creating among investors. With Canada leading the charge in legalizing cannabis for both medical and recreational use, its companies are now at the heart of a growing global market. This makes Canadian cannabis stocks particularly interesting to watch. They’re not just a reflection of the thriving market at home; they symbolize C ...

While it’s difficult to say with confidence who will win out in the elections later this year, investors of cannabis stocks may have something to look forward to. Basically, the attention should turn not to a possible red or blue wave but rather a green one.Fundamentally, President Joe Biden has a popularity problem: his candidacy is simply not resonating with voters. However, for the first time in history, the leader of the free world used part of the State of the Union address to promote marijuana reform. ...

Cannabis stocks surged Monday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to reschedule marijuana “as quickly as possible.” Cannabis is currently a Schedule 1 narcotic, the same classification as heroin, a point Harris called “absurd” and “patently unfair.”In a meeting at the White House with a group who had received pardons for various marijuana-related charges, Harris made special mention of the administration’s efforts into rescheduling marijuana, including the ...