Medical Marijuana Program Connection

Why Marijuana Stock OrganiGram Holdings Sank by 23% Today

MMP News AuthorNovember 11, 2020

What happened No one got much of a buzz from OrganiGram Holdings (NASDAQ:OGI) stock on Tuesday. The shares fell a steep 23%, following the Canadian marijuana company’s announcement that it will float a secondary share issue. So what Tuesday morning, OrganiGram revealed it is issuing 32.5 million “units,” consisting of ... Read More

Aurora Cannabis plans to sell more stock, and shares are plunging in late trading

MMP News AuthorNovember 10, 2020

Cannabis stocks had been on fire since the U.S. elections, but hit some turbulence on Tuesday. AFP/Getty Images Aurora Cannabis Inc. plans to sell more shares after big gains in recent days, sending the stock price plunging more than 15% in late trading Tuesday. Aurora ACB, -25.95% ACB, -26.41% said ... Read More

Aurora Cannabis Stock Soars on Q1 Results

MMP News AuthorNovember 10, 2020

Already high on recent state legalization initiatives and a potentially more weed business-friendly presidential administration, marijuana stock investors got another blast of good news on Monday. A bellwether company in the industry, Aurora Cannabis (NYSE:ACB) delivered better-than-expected quarterly results, at least on the top line. For Aurora’s Q1 of fiscal ... Read More

Why This 1 Marijuana Stock Could Bring Life-Changing Returns

MMP News AuthorNovember 8, 2020

Did you give up on marijuana stocks after their disastrous 2019? The industry benchmark, the Horizons Marijuana Life Sciences ETF, slumped 36% last year, compared to the S&P 500‘s increase of 29%. If you decided to hold on your shares despite the industrywide setbacks, you’ve been on a wild ride. ... Read More

Sundial Growers: 6 Things for Potential SNDL Stock Investors to Know About the Cannabis Company

MMP News AuthorNovember 7, 2020

Sundial Growers (NASDAQ:SNDL) is seeing massive gains to SNDL stock on heavy trading Friday despite no new news about the company. Source: Shutterstock Trading of SNDL stock early today has seen it move more than 417 million shares as of this writing. That’s a major jump from the company’s average ... Read More

More States Vote for Marijuana Legalization: Anticipate Pot Stock Profits

MMP News AuthorNovember 6, 2020

U.S. Marijuana Legalization Gains Steam Election day is behind us and a lot remains uncertain—except for one thing: marijuana stocks have won big. Federal U.S. marijuana legalization has long been a forgone conclusion, but with five more states legalizing pot in some form, we can expect to see one of ... Read More