Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce record-breaking sales for the Company across its global online platforms, totaling more than $1.24 million (CAD) through the Black Friday and Cyber Monday holiday shopping weekend.
Solis Tek (SLTK) released its financial results for the third quarter that ended on September 30th.
Canopy Growth (WEED.TO) (TWMJF) has rallied 25% off its June lows and the shares have been trending higher ahead of the company’s fourth quarter and full-year earnings report.
Before the market opens on June 27th, Canopy will release its fourth quarter financial and operating results and we expect to see the company report strong numbers for the period.
Earnings season is starting to heat up and so far it has been unimpressive at best. Companies continue to cite weakness as a result of weaker global demand and a stronger dollar, and we expect this to be a theme of this earnings season.
The combination of weak earnings, slowing demand, and poor economic data, will create a great opportunity for an investor to buy quality companies at a discount…but you need to know where to look.
United Cannabis Corporation (CNAB)
Through a partnership with the National Institutes of Health (NIH) in 1968, the University of Mississippi has been the sole provider of marijuana for medical research. This past month, the university was awarded a $68.8 million contract to continue to grow marijuana and research its medical benefits.
Earnings season has started to heat up; a number of companies have already announced results. A few companies have reported results that show significant improvement, while some others have reported very lackluster results. Technical420 expects 2015 to be an important year for these companies and the strong companies will show their true colors.