The Week In Cannabis: Strong Earnings, Stocks In Green, Investments And Divestments
By Editor - Sat Aug 01, 6:13 am
Cannabis stocks, and overall markets, closed the week in the green, as cannabis companies got into their earnings season.”Earnings season is just starting to come to life as Scotts Miracle Gro (NYSE: SMG)'s Hawthorne group just crushed it,” Debra Borchardt, Editor-In-Chief of Green Market Report told Benzinga. “Things are going so well over at Scotts that even the non-bonus employees received bonuses. How rare is that in this pandemic economy and how nice of a company to share the wealth with everyone.”Also reporting earnings this week was Aphria Inc. (TSX: APHA) (NASDAQ: APHA), which achieved its fifth consecutive quarter of growth.
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