There’s little question that the legal cannabis industry could be a giant. Every year, tens of billions of dollars of marijuana is sold in the black market, so we know that consumer demand for the product is strong. Assuming cannabis legalization continues throughout North America, Wall Street’s varied prognostications of […]
Last week, EnWave (TSXV:ENW) (OTC:NWVCF) reported fourth-quarter and full-year results for fiscal 2019. For the quarter, the cannabis player’s revenue soared 120% year over year. It broke even on the bottom line, just as it did in the year-ago period.
From Bloomberg News: Forget Black Friday or Cyber Monday. Travis Kalanick is having the sale of the century. The Uber Technologies Inc. co-founder unloaded $350 million more of stock this month, bringing his proceeds to more than $2.1 billion since a share lockup ended Nov. 6.
Bloomberg News: U.S. equities climbed toward a new high, and European stocks reached a record, amid hopes that a partial trade deal between America and China will ease a key risk for investors heading into year-end. Treasuries fell. With tech and health-care leading the charge, the S&P 500 Index gained […]
Stocks hit record highs on Monday and were on pace for its fourth straight gain as a so-called phase one trade deal between China and the U.S. clears the path higher for stocks to end a banner year.