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Canopy Growth Corp

I can’t recommend Penn Entertainment

Penn Entertainment Inc: "Everybody's in this darn business. ... I do like Penn. They're good guys, but I cant recommend the stock right now."Tilray Brands Inc: "They and Canopy, if you want to own them, you can own either one. I'm not going to fight you on it."PagerDuty Inc: " put up a great number. ... But this segment is so hated it just didn't matter."CME Group Inc: "Winner, winner, chicken dinner. ... I think it's terrific."Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no…

Canopy to speed entry into US cannabis market with new holding company

Canopy GrowthTom Franck | CNBCCanadian cannabis company Canopy Growth said Tuesday it's consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market.The company said the creation of Canopy USA will help it reduce costs and tap into the U.S. market, which is projected to be more than $50 billion by 2026. Marijuana is not yet federally legal in the U.S."As the growth of the U.S. cannabis market continues rapidly at the state level, this strategy enables us to take control of our own…

CVS, Credit Suisse, AMD, Lyft and more

Omar Marques | LightRocket | Getty ImagesCheck out the companies making headlines in midday trading Friday.Ambac Financial Group – Shares of the municipal bond insurer shot up 15.7% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of lawsuits related to the bond insurance policies Ambac used for Bank of America prior to the 2008 financial crisis. Bank of America was down about 2.4%.Levi Strauss – Levi's dropped 11.7% to a 52-week low after cutting its full-year…

AMD, Levi Strauss, DraftKings and more

Here are the companies that are making headlines before the bell:Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by a larger than expected slump in the personal computer market.Levi Strauss (LEVI) – Levi Strauss took a 5.3% premarket hit after cutting its full-year sales and profit outlook. The apparel maker is seeing an impact from higher costs, supply chain issues and a stronger U.S. dollar.CVS Health (CVS) – CVS shares fell 5% in…

Cannabis company Canopy applauds Biden marijuana pardons, stock surges

Canopy Growth operations in Smiths Falls, Ontario.Tom Franck | CNBCCanopy Growth applauded President Joe Biden's announcement Thursday that he will pardon thousands of people convicted of marijuana possession."Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a result," David Culver, vice president of government relations Canopy, said in a statement.Shares of the Canadian-based…

Cramer’s lightning round: Charles Schwab is terrific

Amyris Inc: "There's another company called IFF ... that does a better job."TechnipFMC PLC: "I like that company very, very much. ... Maybe wait for a couple day pullback."Canopy Growth Corp: "If Canopy Growth is good, then that means that you have one more reason to buy Constellation Brands. ... I would buy it right here, right now, tomorrow morning."Disclosure; Cramer's Charitable Trust owns shares of Constellation Brands. Amyris Inc: "There's another company called IFF ... that does a better job."TechnipFMC PLC: "I…

I like Chubb over American International Group

Canopy Growth Corp: "Canopy will be great once we cannabis. I don't know if it's going to happen in my lifetime, that's the problem."Starwood Property Trust Inc: "Remember when the stock fell to the teens, and came on and said, 'don't worry about it, we're going to deliver'? ... I am a believer that that man is a man of his word." Canopy Growth Corp: "Canopy will be great once we cannabis. I don't know if it's going to happen in my lifetime, that's the problem."Starwood Property Trust Inc: "Remember when the stock…

Big Lots, Hibbett, Pinduoduo and others

Check out the companies making headlines before the bell:Big Lots (BIG) – The discount retailer's shares tumbled 21.2% in the premarket after missing Wall Street forecasts for quarterly earnings and revenue. The company also reported a larger-than-expected slump in comparable-store sales and issued cautious full-year guidance, saying inflationary pressures reduce discretionary spending.Hibbett (HIBB) – The sporting goods retailer's stock slid 6.5% in premarket trading after falling short of analysts' profit and sales…

Cramer’s week ahead; Market needs obstacles resolved before a rally

CNBC's Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved."If we want the market to stage a meaningful comeback, we need China to reopen, Russia to withdraw from Ukraine, and the to curb-stomp inflation with a 100-basis point rate hike," the "Mad Money" host said. "Unfortunately, only one of those three is within America's control."His comments come on the heels of a volatile week of trading spurned by missed earnings quarters from retail…