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GMP Upgrades Canopy Growth To Buy Following Acreage Deal
Monday, April 22, 2019 - 12:57pm | 356Read More...Cannabis stocks were mostly higher Monday after Canopy Growth Corp (NYSE: CGC) received positive coverage from an analyst. The Analysts GMP Securities' Martin Landry upgraded Canopy Growth from Hold to Buy with a price target lifted from $65 to $72. The Thesis Canopy Growth last week secured...
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GMP Downgrades Canopy Growth After Mixed Q3
Tuesday, February 19, 2019 - 1:30pm | 458Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) reported third-quarter results last week that were highlighted by the first revenue beat in the past four quarters, but a gross margins of 22 percent was the worst seen in three years, according to GMP. The Analyst GMP Securities' Martin...
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GMP Downgrades Cronos On Steep Valuation, Still Thinks It Has 'Bright Outlook'
Tuesday, February 5, 2019 - 10:40am | 399Read More...Cannabis stock Cronos Group, Inc. (NYSE: CRON) has been one of the hottest stocks in the market in 2019, gaining 115 percent year-to-date. However, one analyst said Tuesday Cronos stock has come too far too fast. The Analyst GMP analyst Martin Landry downgraded Cronos from Buy to Hold and...
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GMP Lifts Canopy Growth Price Target After New York Grants Company Hemp License
Tuesday, January 15, 2019 - 12:28pm | 378Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) confirmed Monday that it received a license to produce and process hemp in New York, prompting GMP to turn incrementally bullish on the stock. The Analyst Analyst Martin Landry maintains a Buy rating on Toronto-listed Canopy Growth ...
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Cronos Group, Analyst Respond To Citron's Short Report
Friday, August 31, 2018 - 2:55pm | 555Read More...Cronos Group Inc (NASDAQ: CRON) stock bounced back by 8.8 percent Friday after a 30-percent Thursday sell-off. The decline stemmed from accusations from Citron Research that Cronos is deceiving investors by not disclosing the size of its distribution agreements with Canadian provinces. Citron...






