Home
Search:
1146 feeds
357 categories
0 articles (<24 hours)
34 registered users

Use the Mobile version
Mobile

Follow our Twitter feed

View our Linkpartners
Links

Username:
Password:

Register | Retrieve


RSS FeedsThe pot stock bubble has burst. Hereīs why
(WorldNews Business)

 
 

16 november 2019 18:41:03

 
The pot stock bubble has burst. Hereīs why
(WorldNews Business)
 


Wall Streetīs exuberance over legal weed has quickly withered into sober reality. In a matter of months, white-hot cannabis companies have flamed out in spectacular fashion. Many have lost two-thirds or more of their value. Widespread legalization has been thwarted. Bank financing has dried up. Deep-pocketed institutional investors remain on the sidelines and old-fashioned black-market dealers still provide stiff competition. The pain deepened on Thursday, when Ontario, Canada-based Canopy Growth Corp. announced revenue that fell short of the lowest Wall Street estimate and a loss that one analyst called `astounding.` That sent shares to their lowest price since December 2017. Itīs still the...


 
18 viewsCategory: Business
 
India- In polluted Delhi, this bar serves oxygen. No kidding!
(WorldNews Business)
US supporting Gulf bid to localise military and defence production, official says
(WorldNews Business)
 
 
blog comments powered by Disqus


Copyright © 2008 - 2024 Indigonet Services B.V.. Contact: Tim Hulsen. Read here our privacy notice.
Other websites of Indigonet Services B.V.: Nieuws Vacatures Science Tweets Nachrichten