After the overwhelming success of last year's 4/20 business event, the Benzinga Cannabis Capital Conference is returning to Miami Beach on April 11-12, 2023 where an innovative cannabis expert will discuss the impact of marijuana-infused beverages on the nasce
Cannabis stocks have struggled in the market in recent years as the industry push to gain ground on the regulatory front hasn't progressed as quickly as investors had hoped. Yet beverage companies outside the cannabis industry have been adding or exploring cannabis partnerships and products.
Gainers
TravelCenters of America Inc. (NASDAQ: TA) shares jumped 70.5% to $84.32 after BP announced it will acquire the company for $86 per share in cash.
Bernstein analyst Nadine Sarwat downgrades Boston Beer Co (NYSE:SAM) from Market Perform to Underperform and lowers the price target from $320 to $255.