The Ontario Cannabis store released their annual year in review today, covering April 2020 to March 2021, showing significant industry growth in the province.  Ontario sold 99,100,000 grams of cannabis, the bulk of it being sold through private retailers. 81,500,000 grams were sold in stores while another 17,600,000 were sold on ocs.ca. The …

Smart Global Holdings (SGH), a maker of computer memory and data storage systems, crushed Wall Street’s estimates for its fiscal third quarter. SGH stock jumped on the news Wednesday.Springer is here with a look at how the software company is positioned for its next phase of growth. The Newark, Calif.-based company …

Canada’s cannabis market is continuing its upward trajectory with a current market size of $2.7 billion Cannara Biotech has entered into a definitive agreement to acquire a one million square foot state-of-the-art cultivation and manufacturing facility from The Green Organic Dutchman Holdings through an all-cash offer of $27 million. The estimated cost of construction …

Penn National Gaming (PENN) is among the top-rated gambling stocks as more states allow sports betting and online wagering. Is Penn stock a buy right now? Here is what the fundamentals and technical analysis say. Penn is the nation’s largest and most diversified regional gaming company. It has 41 properties across 19 states. Penn operates under brands …

The marijuana boom amid the coronavirus pandemic has brought a lot of attention to the sector. Cannabis sales have been on the rise ever since marijuana was deemed an “essential item” during pandemic-related lockdowns. This not only benefited U.S. cannabis companies’ revenue and profits, but also was advantageous for companies …

GM stock edged higher in early Friday stock market action, after advancing clear of a key technical level earlier in the week. That followed recent weakness, which came despite June 16 news that General Motors (GM) hiked its earnings outlook and boosted planned investment on electric and self-driving vehicles by 30%. GM now …

Kulicke & Soffa Industries (KLIC) leads the list of semiconductor stocks expecting big earnings growth in Q2, topping industry peers Applied Materials (AMAT) and Lam Research (LRCX). Kulicke & Soffa joins several other semiconductor sector stocks on the IBD Breakout Stocks Index. MaxLinear (MXL), Qorvo (QRVO), Entegris (ENTG) and Ultra Clean (UCTT) also make the cut. With the highest-possible 99 Composite Rating, Kulicke & Soffa …

As giant energy stocks Exxon Mobil (XOM), Chevron (CVX) and Royal Dutch Shell (RDSA) try to refuel, 2019 IPO New Fortress Energy (NFE) looks to spark a breakout.  Among energy stocks, New Fortress Energy outshines XOM, CVX and RDSA stock with top billing in the oil & gas industry. While its 71 Composite Rating does not earn a passing grade in Stock Checkup, NFE stock …

Yes, shares in Zoom Video Communications (ZM) soared during the coronavirus emergency. But what’s the outlook for Zoom stock as the U.S. economy normalizes?Market history shows the best stocks often have a composite Volume 0%  Zoom stock continues to make new product announcements targeting business customers. More could come at the virtual …

An Ontario pharmaceutical company has become the first in Canada to receive Health Canada approval to manufacture cannabis-based prescription drugs in its facility. Burlington’s EmpowerPharm, a new clinical-stage, Canadian-owned drug company, made the announcement this week.   Organic weed? See how 48North’s Good Farm is cultivating sun-grown, outdoor cannabis |…    While the company was …