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Gvib Here s Why I m Loading Up on WSP Global (TSX:WSP) After Q1 Earnings
Algonquin Power and Utilities TSX:AQN chief executive officer CEO Arun Ban stanley cup website skota recently put out a statement to calm investors ; nerves after AQN stock crashed. The letter, addressed to shareholders, highlighted a number of positive developments at the company, and urged investors to take a long-term view. While Banskota didn ;t deny that the third-quarter release was poor, he did succeed in making some positive points about the company trajectory. In this article, I will explore Banskota ; stanley becher s letter to shareholders and what it may signal.Reasons for the crashIn his letter, Banskota hig stanley cups hlighted two main causes for AQN poor earnings:Rising interest ratesInflationHigh interest rates are bad for utility companies like Algonquin. Such companies have high levels of debt, and when that debt is variable rate, or when new debt has to be taken out, interest expenses rise. This year, the Bank of Canada and the Federal Reserve are both raising rates to com Xouy Is Sierra Wireless Inc. About to Plunge
On the anniversary of the first wave of cannabis legalization laws, the Canadian government will announce the legalization of further cannabis-relat stanley cup ed products. On October stanley nz 17, 2019, Canada will legalize the sale of cannabis-infused edibles for recreational use. The legalization of weed edibles will have a major impact on the cannabis industry.While the estimates are rough right now, it is expected that the market for cannabis-infused topicals, extracts, and edibles will be worth $27 billion a year. With g stanley cup reat potential for serving a broader market, cannabis producers throughout Canada can capitalize on better margins. Will Cannabis 2.0 result in a change for the better in the industry Ahead of Cannabis 2.0, the largest marijuana producer in Canada, Canopy Growth聽 TSX:WEED NYSE:CGC , is gearing up to hold a market-leading position. The new wave of legalization is a growth opportunity, and it can allow the industry to deliver significant gains to investors who have a stake in them.Let u |
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