|Bid||12.02 x 0|
|Ask||12.03 x 0|
|Day's Range||11.95 - 12.20|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||1.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.81|
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) is relying on only one strategy to succeed. To capture the global cannabis market and be the industry leader, the company needs to be the largest producer.
Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is one of the top pot stocks in North America, but that might not last for long.
EDMONTON, April 18, 2019 /CNW/ - Calling all Canadian budtenders! Aurora Cannabis is kicking off the search for Canada's Top Budmaster ™ through a national competition that will recognize cannabis professionals across the country who are guiding consumers as they navigate the new world of legal cannabis. Through a series of skills-based and knowledge-testing events, as well as through digital competitions, Canada's budtender community will be able to demonstrate their expertise in cultivar characteristics and histories, product categories and formats, exceptional customer service, and must also showcase how they contribute to the community and culture. As Canada's first legal 420 holiday approaches, it's time to recognize the women and men in cannabis retail stores who educate consumers every day.
Canopy Growth to Acquire Acreage HoldingsCanopy Growth to Acquire Acreage Holdings On April 18, Canopy Growth (WEED) (CGC) announced that it entered an agreement to acquire Acreage Holdings. Acreage Holdings has a presence in 20 states in the US
Aurora Cannabis stock edged up following a bullish note from Cowen & Co. that applauded management’s competitive positioning of the company.
Canopy Growth Trades Higher on Talks with Acreage Holdings(Continued from Prior Part)Consensus viewOn April 17, Bank of America Merrill Lynch initiated coverage on Canopy Growth (WEED) (CGC) with a “buy” rating. The stock has a price target
PALM BEACH, Florida, April 18, 2019 /CNW/ -- It's a marriage made in heaven in POT heaven that is. In both the U.S. and Canada, the consumer demand for cannabis products continues its steady growth but one obstacle could be the unmet need for more dispensaries. The consumer demand for cannabis products exceeded even the most optimistic projections there are just not enough retail dispensaries (with sufficient supplies also but that is for another time) and Mall owners have too many stores without a tenant so, Dispensaries and Mall owners are entering into a hopefully long and mutually rewarding relationship! An industry publication recently said that, in both Canada and the U.S. "The future is very bright for property owners in North America as cannabis companies are on the hunt for cannabis retail locations." The article said that, "Cannabis retailers aren't very widespread in Canada as most provincial governments are slow to roll out the licenses needed to open the stores.
Canopy Growth Trades Higher on Talks with Acreage HoldingsCanopy Growth Canopy Growth (CGC) (WEED) has become the face of the cannabis industry as more and more analysts and investors take the sector more seriously. Just yesterday, Bank of America
Public Appeal Process Completed – Facility Construction to Begin in May 2019 TSX | NYSE: ACB EDMONTON , April 18, 2019 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ...
Marijuana stocks have been a volatile but largely outperforming group in 2019. But an analyst warns that while some companies are living up to the hype, others have risen too far, too fast.
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,544.24, up 42.04 points).Goldcorp Inc. (TSX:G). Materials. Down 33 cents, or 2.16 per cent, to $14.92 on 87.9 million shares.Prometic Life Sciences. Inc. (TSX:PLI). Health care. Down one cent, or 16.67 per cent, to five cents on 18.3 million shares.Crescent Point Energy Corp. (TSX:CPG). Energy. Up 17 cents, or 3.14 per cent, to $5.58 on 12 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up 13 cents, or 1.1 per cent, to $11.95 on 10.3 million shares.Canopy Growth Corp. (TSX:WEED). Up $1.56, or 2.81 per cent, to $57.11 on 10 million shares.Aprhia Inc. (TSX:APHA). Health care. Down $1.11, or 9.59 per cent, to $10.47 on 9.6 million shares.Companies reporting:Quebecor Inc. (TSX:QBR.B). Down 19 cents to $32.94. Quebecor CEO Pierre Karl Peladeau questioned the power of the Canadian Radio-television and Telecommunications Commission in its quarrel with Bell and tried to blame the regulator for a potential termination of TVA Sports. CRTC chairman Ian Scott reiterated its role in "protecting Canadians" who are "victims of this dispute" but Peladeau raised doubts about the commission's power to force the service to continue. He said the channel may be forced to close unless it gets better royalties because it has lost lots of money with the Montreal Canadiens missing the NHL hockey playoffs.Metro Inc. (TSX:MRU). Down 73 cents to $49.65. Metro Inc. reported strong food sales amid higher prices for fresh fruit and vegetables in its most recent quarter, though the company expects produce costs to moderate close to summer. The grocery-and-pharmacy chain said it earned $121.5 million during its second quarter, up from a profit of $106.9 million a year ago. Sales totalled $3.7 billion, up from $2.9 billion. Excluding the Jean Coutu Group, Metro said sales were up four per cent compared with a year ago. Pharmacy same-store sales gained 1.1 per cent. The company also announced that Francois Coutu will retire as president of its pharmacy division on May 31 and be replaced by Alain Champagne. The Canadian Press
BofA Merrill Lynch Initiated Coverage on Canopy Growth(Continued from Prior Part)Analysts’ ratings Early on April 17, Bank of America Merrill Lynch initiated coverage on three cannabis stocks. Aurora Cannabis (ACB) received a “buy”
BofA Merrill Lynch Initiated Coverage on Canopy GrowthBank of America Merrill Lynch With more investment firms joining the coverage on the cannabis industry, investors can gauge the consensus views on the stocks in the sector. Early on April 17,
Canopy Growth's next quarterly update might not be nearly as rosy as its last one. And the situation could be even worse for other marijuana producers.
PALM BEACH, Florida, April 17, 2019 /CNW/ -- In nature and business, the bigger fish always ends up eating the smaller fish. If the predictions are accurate, that is what is going to happen to the cannabis industry in 2019. A recent Forbes article had the following headline: "2019 Explosion Of Cannabis Mergers And Acquisitions Predicted." The article continued: "Most of the businesses growing, processing and selling cannabis across the United States are small independently-held entities. The cannabis industry still has a mom and pop feel but that could change rapidly.
Irwin Simon Says Aphria Will Hit 1 Billion in Sales by 2020Aphria’s earnings Earlier this week, Aphria (APHA) reported its Q3 earnings. During the earnings call, the company’s interim CEO, Irwin Simon, was very optimistic about the company’s
Stifel upgraded Qualcomm to buy from hold Evercore ISI upgraded Qualcomm to outperform from in line J.P. Morgan upgraded Qualcomm to overweight from neutral Bernstein initiated Tiffany as outperform ...
Congress legalized hemp last year, opening the floodgates for companies to sell creams and sprays that advertise CBD, which is said to have a calming effect that lacks the high of THC.
Canopy Growth Continues to Expand amid Market Weakness(Continued from Prior Part)Acquiring CafinaEarly today, Canopy Growth (WEED) (CGC) announced it had acquired Spanish company Cafina, through which Canopy intends to establish a broader reach in