• A Canadian cannabis producer exported CBD oil to patients in Australia and its stock is surging

    27 days ago - By Chron

    REUTERS/Nir Elias
    Tilray shares surged more than 15% Tuesday after announcing it had exported cannabis to Australia.
    The CBD product will treat children with epilepsy in the state of Victoria.
    Follow Tilray's stock price in real-time here.
    Tilray, one of the largest Canadian marijuana companies, said Tuesday that it had successfully shipped a CBD product to Australia for treatment of children with epilepsy at three hospitals in Victoria. CBD is one of the nonpsychoactive compounds found in cannabis.
    The company's stock surged 17% following the announcement, breaking a three-day losing...
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  • A Canadian cannabis producer exported CBD oil to patients in Australia and its stock is surging

    A Canadian cannabis producer exported CBD oil to patients in Australia and its stock is surging

    27 days ago - By Business Insider

    Tilray shares surged more than 15% Tuesday after announcing it had exported cannabis to Australia.
    The CBD product will treat children with epilepsy in the state of Victoria.
    Follow Tilray's stock price in real-time here.
    Tilray , one of the largest Canadian marijuana companies, said Tuesday that it had successfully shipped a CBD product to Australia for treatment of children with epilepsy at three hospitals in Victoria. CBD is one of the nonpsychoactive compounds found in cannabis.
    The company's stock surged 17% following the announcement, breaking a three-day losing streak for the $8.7...
    Read more ...

     

  • Canadian marijuana producer Aurora Cannabis posts a surprise profit as it prepares to list its stock in the US

    Canadian marijuana producer Aurora Cannabis posts a surprise profit as it prepares to list its stock in the US

    27 days ago - By Business Insider

    Aurora Cannabis, one of the world's largest publicly traded marijuana companies, reported a surprise profit Tuesday that sent shares up about 3%.
    The company increased its gross margins thanks to a higher selling price per gram of cannabis.
    Follow Aurora's stock price in real-time here.
    Aurora Cannabis, the second-largest marijuana producer by market cap, reported a surprise profit on Tuesday as the company eyes a US stock listing.
    For its fiscal fourth quarter, Aurora earned 0.40 Canadian dollars, easily beating the 0.03 Canadian dollars loss that analysts surveyed by Bloomberg were...
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