Streetbeat News

BMMJ

Body and Mind Inc

CEO

Michael Mills

Industry

Electromedical and Electrotherapeutic Apparatus Manufacturing

Open

0.01

Mkt cap

2.6M

Volume

197K

High

0.02

P/E Ratio

-0.12

52-wk high

0.10

Low

0.01

Div yield

N/A

52-wk low

0.01

The marijuana stock market saw significant movement on December 22, 2023, with a number of stocks experiencing substantial gains, while a few faced notable losses. Neptune Wellness Solns (NEPT), Cara Therapeutics (CARA), Canopy Growth (CGC), Tilray Brands (TLRY), Corbus Pharmaceuticals (CRBP), Green Thumb Industries (GTBIF), Curaleaf Holdings (CURLF), Cresco Labs (CRLBF), Trulieve Cannabis (TCNNF), SNDL (SNDL), Cronos Group (CRON), GrowGeneration (GRWG), Aurora Cannabis (ACB), 22nd Century Group (XXII), and Village Farms Intl (VFF) were among the gainers. On the losing end, MPX International (MPXOF) saw a dramatic drop, while Psychemedics (PMD) and Urban-gro (UGRO) also closed down.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 9:30 pm

On December 21, 2023, several marijuana stocks experienced significant price movements. Notable gainers included Blueberries Medical, iAnthus Capital Holdings, and Heritage Cannabis Holding, with increases of 15.05%, 14.44%, and 12.73% respectively. Emeren Group, Corbus Pharmaceuticals, and Scotts Miracle Gro also saw their shares rise. Conversely, MJ Holdings, Khiron Life Sciences, and Item 9 Labs were among the biggest losers, with MJ Holdings dropping 30.41%. Other notable declines were observed in Eastside Distilling, Genetic Technologies, Canopy Growth, and Cresco Labs.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:30 pm

Body and Mind Inc (OTCQB:BMMJ), a cannabis MSO, reported Q1 2024 earnings with a revenue decrease of 7% to $5.5 million from $5.8 million in Q1 FY2023. However, net income rose to $0.2 million from a net loss of $3.0 million in Q1 FY2023, primarily due to the sale of their Ohio dispensary. The company also repaid $7.3 million in senior secured debt, saving approximately $1 million annually in interest. Gross margins improved to 37.4%. BMMJ's stock traded 34.78% lower at $0.06 per share.

Portfolio Pulse from Patricio Liddle

December 21, 2023 | 5:14 pm

Marijuana stocks experienced a bearish Friday with notable fluctuations. Body and Mind, Maple Leaf Green World, and 1933 Industries were among the top gainers, while GreenGro Technologies led the losers with a 99% decline. Other significant losers included Global Hemp Group and Item 9 Labs. Greenlane Holdings, Cara Therapeutics, and GrowGeneration were among the NASDAQ-listed companies that saw changes in their stock prices.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 9:30 pm

Cannabis stocks experienced significant movements on December 14, 2023. Genetic Technologies (GENE) saw a massive increase, closing up 474.82% at $3.15. Other gainers included Tilray Brands (TLRY), 22nd Century Group (XXII), Neptune Wellness Solns (NEPT), Mexco Energy (MXC), Emeren Group (SOL), and ESCO Technologies (ESE). Conversely, GrowGeneration (GRWG) and Greenlane Hldgs (GNLN) were among the losers, closing down 3.92% and 3.60% respectively.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 9:30 pm

On December 13, 2023, several cannabis-related stocks experienced significant price movements. Notable gainers included GrowLife, Cann Gr, and 1933 Industries, with GrowLife leading the pack with a 378.57% increase. Major US-listed companies that saw gains were GrowGeneration, Tilray Brands, Innovative Industrial Properties, Scotts Miracle-Gro, Corbus Pharmaceuticals, and SNDL. Conversely, notable losers included AusCann Group Holdings, Rhinomed, and CLS Holdings USA, with AusCann Group Holdings dropping by 46.67%. Canopy Growth, cbdMD, Genetic Technologies, and Mexco Energy were among the US-listed companies that faced declines.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 9:30 pm

On December 12, 2023, several cannabis stocks experienced significant price movements. Mojave Brands, GrowLife, and Affinor Growers were among the top gainers, with Mojave Brands closing up over 101 million percent. Conversely, Choom Holdings and EVIO were among the top losers, both closing down 99%. Notable US-listed companies that saw price changes include Urban-gro, Corbus Pharmaceuticals, Cara Therapeutics, GrowGeneration, Canopy Growth, OrganiGram Holdings, Greenlane Holdings, and Aurora Cannabis.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 9:30 pm

On December 8, 2023, several marijuana stocks experienced significant price movements. EVIO led the gainers with a 4900% increase, while Choom Holdings saw the largest decline, dropping 75%. Other notable gainers include RIV Capital, GrowLife, and Canopy Growth, with increases of 40%, 40%, and 11.43% respectively. Among the losers, MGC Pharmaceuticals and Maple Leaf Green World fell by 16.24% and 13.49%. The movements reflect the volatile nature of the marijuana stock market.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:30 pm

The cannabis sector experienced significant movement on December 6, 2023, with a majority of listed companies showing bullish sentiment. Choom Holdings led the gainers with a 39900.00% increase, while EVIO led the losers with a 98.00% decrease. Notable gainers include Urban-gro, Psychemedics, Mexco Energy, Canopy Growth, and Corbus Pharmaceuticals. Neptune Wellness Solutions was among the notable losers.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 9:30 pm

The article lists the cannabis stocks that experienced significant gains and losses on December 4, 2023. Notable gainers include Global Compliance, Indiva, and Canopy Growth, with increases of 89.29%, 38.93%, and 22.59% respectively. On the losing side, Global Hemp Group led the declines with a 76.68% drop. The article reflects the volatility in the cannabis market and may influence investor sentiment.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.