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Pot-grower Aphria tanks after slashing full-year profit forecasts

Aphria's chief financial officer hinted at a future dividend for shareholders, an unexpected statement amid market turmoil for Canadian weed stocks.
Chemdawg marijuana plants grow at a facility in Smiths Falls, Ontario, Canada October 29, 2019.

Battered pot stocks are rallying on the last trading day of 2019

The surge could be a good sign showing that investor confidence in the cannabis industry is building going into 2020.

Here are the 13 most expensive stocks to bet against

Clovis Oncology, currently the most expensive stock to short, boasts a 109% borrow fee according to data from S3 Partners, a financial analytics firm.

Aphria soars 38% after defying Wall Street estimates and turning a profit

"It's a new day at Aphria," said interim CEO Irwin Simon in a press release.

Cannabis producer Aphria just rejected Green Growth Brands’ $2 billion hostile-takeover bid

The cannabis producer Aphria was down 7% Wednesday after the company rejected Green Growth Brands' hostile-takeover bid.
Aphria CEO Vic Neufeld poses near a wall covering of a marijuana leaf at a party the day before Canada's legalization of recreational cannabis in Toronto, Ontario, Canada October 16, 2018.

Aphria is urging shareholders to hold off on making any decisions about Green Growth Brands’ takeover bid

Aphria is down 1.13% early Wednesday after the company urged its shareholders to take no action on Green Growth Brands' hostile takeover bid.
Marijuana

Aphria keeps tumbling after short seller alleged its Latin American acquisition is a ‘shell game’

Aphria tanked as much as 25% Tuesday after a short seller on Monday alleged the company's LATAM acquisition benefitted its insiders.

The marijuana producer Aphria is crashing after research firm alleges it’s a ‘shell game with a cannabis business on the side’

Aphria crashed as much as 30% after a research firm said the pot company's business was full of overvalued buyouts and fraudulent financial reporting.