The market was heartened by Prime Minister Jacinda Ardern's update in the battle against the virus outbreak. *** Medicinal cannabis stock Cannasouth jumped 50% over the last week. This was despite getting a ‘’please explain’’ from the NZX for the rapid rise this week, to which the company stated it had not breached disclosure rules. The stock has been rising in anticipation of the recreational cannabis referendum and a growing medicinal cannabis industry. Do you think now is a good time to invest in Cannasouth or should we stay away? Let me know in the comments below. *** a2 Milk For the year ending June, the company reported a 34% increase in net profit to $385m on revenue of $1.7 billion, up 33%. a2 Milk doubled sales in China to $337m and expanded distribution to 19,000 stores. The China label now makes up a quarter of a2 Milk's global infant formula business. The share price declined 3.3% because the numbers were in line with the middle of the company’s guidance range, but the expectation had been for the result to be at the top of the range. When you are priced for perfection anything less is going to see your share price come back. However, the stock recovered a bit after announcing it was looking to buy 75% of Mataura Valley Milk for approximately $270 million to add in-house manufacturing capability. China Animal Husbandry Group will retain the remaining 25% shareholding. *** Hallenstein Glasson. On the flipside, people expected the worst with Hallenstein Glasson and it wasn't. It coped well, paying a good dividend and we see a lift in their share price. It jumped 31% after the clothing retailer said online channels helped to keep annual sales stable through the pandemic lockdowns. Online sales grew 80%. Overall sales increased 0.1% despite the interruption from pandemic lockdowns, profit declined just 6% to 27m and the retailer declared an interim dividend of 15 cents per share. It is an example of retail business rolling with the punches and finding new ways to reach their customers. In a yield-starved market that dividend starts to look pretty attractive. *** Metro Performance Glass shares jumped 19% after the company said its Australian business was profitable in the four months through July. Learn other tips at https://www.MaximSherstobitov.NZ/ Subscribe on YouTube now so you do not miss the next video ➜ https://www.youtube.com/channel/UCHIw-Ej9kivd77bavBCnatQ?sub_confirmation=1 ➔ Facebook Page - https://www.facebook.com/MaximSherstobitovPage/ ➔ Instagram - https://www.instagram.com/maxim.sherstobitov/ ➔ LinkedIn - https://www.linkedin.com/in/maximsherstobitov/ ➔ Subscribe to the Podcast ➔ Join my exclusive weekly newsletter http://eepurl.com/gcmTU9 IMPORTANT: - The information does not constitute financial, accounting or legal advice and we cannot be held liable for any acts or omissions that arise from your use. - Everything on this channel is for educational purposes only. It does not take into account your investment objectives, financial situation and personal needs.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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