Why Aurora Cannabis (TSX:ACB) Stock Fell 13.53% Last Friday

Aurora Cannabis (TSX:ACB)(NYSE:ACB) had an epic one-day loss last week, falling 13.53% from its Thursday closing price to its Friday closing price. The losses came after months of bad news for the cannabis industry, ranging from CannTrust’s Health Canada scandal to Canopy’s $1.23 billion loss. Aurora itself has not been the biggest disaster among cannabis companies; nevertheless, its stock has been among the biggest…

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THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) Jumps 31% After Announcing Submission of THC Kiss Beverage to Health Canada For Approval

THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) is a Canadian licensed producer of medical and recreational cannabis and related products. The company is licensed with Health Canada to cultivate and sell dried cannabis, extracts, edibles, and topical products. THC BioMed is also the largest supplier of cannabis genetics within Canada. THC BioMed’s U.S.-listed shares jumped 31.11%, during trading on…

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Can CannTrust (TSX:TRST) Stock Double Your Money?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) could be one big cannabis name that blemished the industry reputation much more than any other due to its size, popularity, and the nature of its premeditated regulations violation, but the stock is a potentially rewarding contrarian buy for traders today, as shares could double. As I argued in an opinion piece earlier, the stage has been…

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Did CannTrust (TSX:TRST) Investors Just Get Some Great News?

Ever since we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) was in violation of Health Canada’s regulations, it’s been nothing but a headache for the company’s shareholders. Since July, the stock has lost more than 70% of its value, destroying many portfolios along the way. It certainly hasn’t helped that the scandal grew in size. Not only have multiple sites gotten into…

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Marijuana Investors: The CannTrust (TSX:TRST) Situation Just Got Much Worse

In the past year, CannTrust Holdings (TSX:TRST)(NYSE:TRST) has become the black sheep of the cannabis family. Thanks to a regulatory scandal that resulted in several holds on its product and revocation of its licence, the stock went into a death spiral in the markets. As of this writing, the stock is down 87% from its peak 2019 closing price and has…

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Why CannTrust (TSX:TRST) Stock Fell 35% in September

Several stocks in the cannabis sector have lost considerable market value in the last 12 months. Investor optimism drove cannabis shares towards record highs prior to marijuana legalization for recreational use in Canada. Soon after, investors started to sweat over the valuations of cannabis stocks, sending them spiraling downwards. But few stocks have burnt investor money as CannTrust (TSX:TRST)(NYSE:CTST) has…

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Why You’re Better off Buying Lottery Tickets Than Buying Shares of CannTrust (TSX:TRST)

In September, we learned that Health Canada was suspending CannTrust Holdings Inc‘s (TSX:TRST)(NYSE:CTST) licence to sell cannabis. The decision wasn’t a big surprise given all the scandals surrounding the company. Since that time, the stock has gone on to plummet even further in price, falling below $1.50 at writing. The $13 that the stock traded at earlier in the year…

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Can You Trust CannTrust (TSX:TRST)?

It is pretty ironic that a company named CannTrust (TSX:TRST)(NYSE:CTST) broke the trust of its investors. Health Canada suspended CannTrust’s licence to grow marijuana after reports that it illegally grew weed in unlicensed rooms. This scandal lead to the firing of the CEO and many other senior management. At the end of the day, though, I am willing to forgive CannTrust…

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Will CannTrust (TSX:TRST) Stock Fall Below $1?

Shares of Canada’s cannabis company, CannTrust (TSX:TRST)(NYSE:CTST) rose close to 2% yesterday. The stock is trading at $1.72 per share, which is a whopping 89% below its 52-week high of $15.5. CannTrust has burnt significant investor wealth due to regulatory concerns. The company was accused of producing cannabis in unlicensed facilities, which led to parallel investigations from two regulatory bodies.…

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3 Cannabis Companies Have Now Had Their Licenses Suspended by Health Canada This Year

It’s getting close to the one-year mark for the cannabis industry, and we’ve already seen multiple companies run into issues with Health Canada. Earlier this year, we even saw a cannabis company be the first to get its licence revoked. And yesterday, we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) would also have its licence to produce and sell both medical and recreational…

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