CANN Stock Recent News

Charles Liang and his wife made a $20 million commitment to the environment. Their forestry work appears limited to 100 trees in San Francisco.

Despite Nvidia Corporation's strong financial performance, we maintain a cautious stance due to potential overinvestment in AI data centers and historical precedents of market saturation. Nvidia's recent rally is driven by data center revenue, with significant revenue concentration from three major customers, posing a risk. AI hardware spending may stabilize by 2025, and Nvidia's current valuation seems to have most future growth priced in, reducing the margin of safety.

GREEN COVE SPRINGS, Fla., Sept. 26, 2024 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTC: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that its award-winning Two Trees Beverage Company (“Two Trees”) subsidiary has released Climax Honey Raspberry Flavored Whiskey™, the first flavored whiskey in the critically acclaimed portfolio of spirits created by Tim Smith, star of Discovery Channel's Moonshiners .

GREEN COVE SPRINGS, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTC: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that its award-winning Two Trees Beverage Company (“Two Trees”) subsidiary has retained Green Glass Global, a leading independent wine and spirits broker, to place Two Trees ® and Tim Smith Spirits ® branded products in front of key purchasing decisionmakers nationwide, including at major on- and off-premise chains, independent direct buyers, and an expanded group of distributors.

The U.S. Drug Enforcement Administration (DEA) announced a delay on Monday in its final ruling on cannabis rescheduling until after the November presidential election. The decision, which has created uncertainty in the market, pits Vice President Kamala Harris, a cannabis reform advocate, against former President Donald Trump, whose vice-presidential pick is opposed to legalization.

ART12.11 demonstrates comparable pharmacokinetics compared to Epidiolex® ART12.11 demonstrates comparable pharmacokinetics compared to Epidiolex®

Four lesser-valued cannabis stocks showed positive performance on Monday, defying the broader sector's downtrend. These stocks—, , , and —present potential investment opportunities. Positive Performers Among Smaller Cannabis Stocks Medical Marijuana Inc. MJNA, priced at $0.0021, has total assets of $72.775 million but faces financial challenges, including a net income loss of $280.475 million and an EBITDA of -$268.242 million. MJNA maintains a gross profit margin of 79.95%. TILT Holdings TLLTF, trading at $0.035, has total assets of $231.188 million and reported revenue of $165.956 million over the last twelve months. However, with a net income loss of $62.384 million and an EBITDA of -$22.018 million, TILT's profitability is under pressure. Its gross profit margin stands at 9.54%. Trees Corp. CANN, at $0.1 per share, lists total assets of $23.247 million. Despite a negative tangible book value per share and a net income loss of $7.082 million, Trees Corp. maintains a gross profit

Trees Corporation (NEO:TREE.AQN) told investors that it is looking for alternatives to create shareholder value after 420 Investments Ltd unilaterally terminated a previously announced business combination agreement between the two companies. In a statement, the Canadian cannabis company said its board of directors intends to undertake a comprehensive review to identify and consider a range of alternatives and their potential to enhance shareholder value.

Canadian cannabis seller Trees Corporation (NEO:TREE.AQN) has unveiled record quarterly financial results, for the period ending June 30, 2023. It reported, in a statement on Friday, an all-time high revenue of C$4.05 million, marking a 106% increase from the same period in 2022 and a 47% surge from the preceding quarter.

Trees Corporation (NEO:TREE.AQN) said it has entered into an agreement with Calgary-based retail cannabis business 420 Investments to amalgamate through a reverse takeover of the company by 420 (FOUR20).  "We are very pleased to have navigated towards a partner in FOUR20 where together we will be well positioned to leverage our exceptional retail team, national presence and strong balance sheet towards the creation of significant shareholder value for both Trees and FOUR20 shareholders alike,” Trees CFO Jeff Holmgren said.