By Matthew Carr Scandals.
Sudden C-suite exits.
Disappointing sales.
Canadian cannabis has been both anchor and sail for pot stocks in recent months.
And last week, maple leaf marijuana was at it again…
A Temporary High
As I noted in last week’s High Five, Aphria (NYSE: APHA) was the top pot stock to watch.
The Canadian producer’s first quarter earnings set the cannabis world ablaze… at least for a moment.
After hitting lows on Monday, Aphria shares charged more than 20% higher on Tuesday when the company beat Wall Street expectations and posted a profit of CA$0.07.
This was the second consecutive quarter that Aphria posted a profit. CEO Irwin Simon …read more
