Earnings, earnings, and more earnings are what we’re seeing this week. With all eyes on “following the money” here are today’s top stories and Breaking News:
Charlotte’s Web Holdings Reports 2019 Q2 Earnings
Retail uptake in the natural health channel increased during the second quarter, along with a marked entry of large national brand chains within the food, drug and mass (FDM) retail segment. Five leading national retailers such as CVS and Kroger are selling Charlotte’s Web products, adding significantly to the Company’s brick and mortar presence in the United States . There are well over 8,000 retail locations carrying Charlotte’s Web products today.
How Will This New Trend Impact Marijuana Stocks?
One of the latest trends in this budding industry is extraction. Extracted products provide an alternative to consumers to smoking dried marijuana. Oils, edibles, and concentrates are garnering big attention among the masses and investors alike.
Tilray, Inc. (TLRY) Reports Second Quarter 2019 Financial Results
Tilray, Inc. (TLRY), a global pioneer in cannabis research, cultivation, production and distribution, today reported financial results for the second quarter ended June 30, 2019. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
HEXO Corp (HEXO) bolsters Ontario foothold with addition of 18 new product listings
HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that its dried flower cannabis products are now available to Ontario consumers, after finalizing terms with the Ontario Cannabis Store (OCS).