Latest Articles
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Medical Marijuana Producer Aphria’s Strategy For The Upcoming Legalization Of Recreational Marijuana In Canada
As Canada moves closer to the legalization of marijuana use for recreational purposes, cannabis stocks in the country are on a surge. While the newly opened recreational marijuana market may provide a vast upside opportunity for pot stocks, they ...
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Here’s Why We Believe That Medical Marijuana Stock Aphria Is Undervalued
As Canada comes close to legalizing marijuana for personal use, Canadian pot stocks are on the rise. According to market research, the sales of Canadian marijuana are expected to go up by more than $4 billion in the first year of its legalization...
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What’s Driving Cannabis Stock Cronos Group?
The stock price of Canadian cannabis producer Cronos Group (TSE:CRON) has seen a stellar run over the last year, rising from levels of roughly CAD 1.80 in June 2017 to about CAD 9 currently. The uptick in the stock price has been driven partly b...
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Is The Market Overreacting To Philip Morris’ First Quarter Results?
Philip Morris International (NYSE:PM) reported its first quarter earnings on April 19, and saying investors weren’t quite pleased with the results would be an understatement. The shares of the company plunged 16% in the aftermath of the re...
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Why Did Aurora Cannabis Pay Such A High Price For MedReleaf Corp.?
With Canada set to legalize recreational use of marijuana for adult consumers in July, many companies in the space are scrambling to increase their production capacity to meet the demand forecast. This has led to a consolidation in the industry, ...
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Why Did Philip Morris’ Shares Have Their Biggest One Day Drop?
Philip Morris International (NYSE:PM) reported its first quarter earnings on April 19, and saying investors weren’t quite pleased with the results would be an understatement. The shares of the company plunged 16% in the aftermath of the re...
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All Eyes On iQOS’ Performance In Philip Morris’ First Quarter Earnings
Philip Morris is set to release its first quarter earnings on April 19, wherein revenue growth of over 15% is expected, as compared to the corresponding quarter of the previous year, while earnings are slated to decline a little over 8% to $0.90 ...
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How A Decline In Philip Morris’ Share Price Has Made It An Attractive Buying Opportunity
The possibility of a trade war with China has resulted in a general weakness in the stock market, and has caused Philip Morris International ‘s (NYSE:PM) stock to fall roughly 6% in the past month, dropping to $101.35 currently, while year...
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More Impressive News Regarding iQOS In Philip Morris’ Fourth Quarter
Philip Morris International ‘s (NYSE:PM) earnings miss was largely overlooked in an otherwise impressive fourth quarter, when revenues came in higher than expected, driven by increasing sales of the company’s heat-not-burn device R...
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iQOS Expected To Be A Key Growth Driver For Philip Morris
2017 can be considered to be a transitional year for Philip Morris International (NYSE:PM). The company stated its intentions to committing to a ‘smoke-free’ future, even placing ads in leading UK newspapers, claiming its ambition to...
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What Does FDA’s Rejection Of iQOS Claims Mean For Altria?
Recently news broke regarding the rejection of Philip Morris International ‘s (NYSE:PM) proposed claim that its iQOS device presents less of a health risk than traditional cigarettes by an advisory panel instituted by the FDA. Philip Morri...
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Philip Morris To Go Smoke-Free In The UK: A Necessity Or A PR Stunt?
Philip Morris International (NYSE:PM) recently placed an advertisement in newspapers in the UK claiming its ambition to “stop selling cigarettes” in the region, as part of its commitment to achieving a “smoke-free future.”...
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Increase In Heat-Not-Burn Tobacco Taxes In Japan To Hamper Growth
Many tobacco companies have come to acknowledge the growing importance of having reduced-risk products in their portfolio to attain long-term success. In this regard, Philip Morris International (NYSE:PM) launched its heat-not-burn technology de...
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iQOS: Set To Drive Growth For Philip Morris In The Future
Philip Morris International (NYSE:PM) uses the term Reduced Risk Products (RRPs) to refer to products with the “potential to reduce individual risk and population harm in comparison to smoking cigarettes.” The company has a number of ...
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iQOS: Helping Philip Morris Focus On A Smoke-Free Future
Philip Morris International (NYSE:PM) seems to be fully committed to designing a smoke-free future, wherein smokers’ demands are to be met through potentially less harmful alternatives to cigarettes. The company’s momentum continues t...