On Friday, the two chambers of Virginia's General Assembly passed marijuana legalization bills. The two must be reconciled for consistency's sake; afterward, the combined version will be sent to legalization supporter Gov. Ralph Northam for his signature.
So what fueled the great enthusiasm for marijuana stocks on Monday?
it was the increasing likelihood that...
Jazz Pharmaceuticals $JAZZ agreed to buy GW Pharmaceuticals $GWPH for $7.2 billion last wednesday sending shares of fellow epilepsy-focused biotech companies $ZYNE flying.
"The acquisition allows Jazz to become a significant epilepsy player by adding Epidiolex, which exited 2020 with sales annualizing at about $576 million despite a challenging Covid environment...
Why $RKDA Skyrocketed yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
$RKDA shares were buoyed — thanks to discussions stock trading groups on Twitter and Twitter hashtags, before the market opened.
Hemp/Pot play, Similar to $TLRY move from $3 to $50 has...
Tilray® Announces Agreement with Grow Pharma to Import and Distribute Medical Cannabis Products in the United Kingdom
Grow Pharma will distribute Tilray’s GMP-certified medical cannabis products across the UK
New UK agreement gives doctors and patients access to a sustainable supply of Tilray’s pharmaceutical-grade medical cannabis products
Tilray expects to...
After 85% retracement tilray is hitting the buy zone between $36/$44, it has a revelant support, thet green circle on the left at $36, also showing a bullish divergence on the RSI and completing the Wyckoff market cycle. once it gets above the red line ($54.3) it will acdelerate.
