Shares of Pyxus International Inc. (PYX)  are up another 25% after Andrew Left's Citron Research published a bullish note on the company

$PYX would not short...speculative long. Real management and tight float. The stock could double from here as long as investors are Cannabis crazy. Our favorite hire..and it wasn't last week. https://t.co/mPdfuGBVJe

— Citron Research (@CitronResearch) October 8, 2018

Left, a notorious short seller, is bullish on this one cannabis play amid numerous other companies that Citron isn't so sure about. 

Elsewhere, Tilray Inc. (TLRY) has cooled off from its torrid pace in recent days, but the Canadian cannabis company may have some new fuel to move higher on Tuesday, Oct. 9. 

Tilray shares were falling more than 5% in spite of a price target increase at Cowen. Analyst Vivien Azer nearly tripled her price target to $172 from $62 a share. 

Azer said that when Cowen started its cannabis coverage two years ago it didn't account for certain verticals in the industry that have now become apparent. 

"Ultimately, we envision four key verticals: adult use, beauty and nutraceuticals, OTC pain and sleep, and pharmaceuticals. We believe that all four of these verticals represent large market opportunities, and CPG veterans are beginning to embrace the broad market potential for cannabis as a global, multi-dimensional category, given the talent migration to cannabis," Azer wrote. 

Tilray announced that is has strengthened is presence in Latin America through its acquisition of Alef Biotechnology SpA, a Chilean outfit that will allow Tilray to "import, produce and distribute Tilray branded medical cannabis products in Chile and to create a hub to distribute Tilray products throughout Latin America."

The move expands Tilray's footprint in the region, raising the revenue potential for the expanding company. 

More from Investing

Santa Claus Rally? Machines Render Old Stock Market Adages Worthless

Santa Claus Rally? Machines Render Old Stock Market Adages Worthless

It's Harvest Season for Tax Losses

It's Harvest Season for Tax Losses

Santa Claus Rally? Machines Render Old Stock Market Adages Worthless

Santa Claus Rally? Machines Render Old Stock Market Adages Worthless

Hey Investors, Don't Let the Bad Times Pollute Your Mind

Hey Investors, Don't Let the Bad Times Pollute Your Mind

Make This Dividend Aristocrat a Staple of Your Portfolio

Make This Dividend Aristocrat a Staple of Your Portfolio