|Bid||12.26 x 0|
|Ask||12.27 x 0|
|Day's Range||12.05 - 12.37|
|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|
Investors are missing the 40% upside for Acreage Holdings shares in the aftermath of his mega cannabis deal, according to Canopy Growth CEO Bruce Linton.
VANCOUVER, April 24, 2019 /CNW/ - Hempco Food and Fiber Inc. (TSX.V:HEMP.V - News) ("Hempco" or the "Company") is pleased to announce Q2 2019 results for the period ending February 28, 2019. WKN: A1C4WM) Acquisition: On April 16, 2019, Aurora Cannabis Inc. (Aurora) and Hempco announced the companies had entered into a binding letter agreement (the "Letter Agreement") for Aurora to acquire all of the remaining issued and outstanding common shares of Hempco ("Hempco Shares") not already owned. In consideration of the transaction, Aurora has agreed to pay C$1.04 per Hempco Share, payable in common shares of Aurora, reflecting a valuation of approximately C$63.4 million on a fully diluted basis.
Green Thumb Industries: Analysts' Ratings in April(Continued from Prior Part)Valuations In April, analysts turned more bullish on Green Thumb Industries (GTBIF) (GTII) with a consensus target price upgrade to 28.2 Canadian dollars from 26.2
Green Thumb Industries: Analysts' Ratings in AprilGreen Thumb IndustriesGreen Thumb Industries (GTBIF) has ~72 retail locations and 11 manufacturing facilities in the United States. The company calls itself “vertically integrated” with
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) remains the leader in the cannabis space, but with profitability still years away, investors should still exercise caution with these high-growth, highly volatile stocks.
Cannabis Stocks Slump as Broader Market RisesCannabis stocks slump The broader market has been on the rise today on the back of recent notable earnings beats. The S&P 500 Index was gaining around noon, and so was the TSX Composite Index. However,
There are plenty of great cannabis stocks out there, but choosing the wrong company can be fatal to your portfolio's value. Here are three well-known pot stocks, including Namaste Technologies Inc (TSXV:N), to avoid at all costs.
As well as Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) has done this year, south of the border, there could be even bigger opportunities for investors.
Cronos Group: Analysts' Target Price and Ratings in April(Continued from Prior Part)Cronos Group’s valuations Cronos Group (CRON) has been on a declining trend for a while. The stock rose to a peak of ~30 Canadian dollars in February. The stock’s
Cronos Group: Analysts' Target Price and Ratings in AprilCronos GroupRecently, Bank of America Merrill Lynch initiated coverage on Cronos Group (CRON) with an “underperform” rating and a target price of 17 Canadian dollars or $13. In contrast,
CALGARY, April 23, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI.CN - News) (OTCQB:HTDEF - News) (FRA:2LY.F - News), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced approximately $441,000 in systemwide gross revenues ("Sales") from April 19th to 21st, 2019, which is a 234% increase over the $132,000 reported for the same three-day period in 2018. This record result was generated from the Company's 13 Canna Cabana-branded stores including the two partnered Ontario locations in Hamilton and Sudbury that opened on April 20th, from its 13 Smoker's Corner locations across Canada, as well as from the Grasscity, Famous Brandz and Smoker's Corner e-commerce websites.
This marijuana stock has been initiated at, or downgraded to, the equivalent of a sell rating four times in less than two months.
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) stock has increased in value by more than 3,000%. Still, there are plenty of reasons to avoid this high-growth stock. Read on to learn more.
Aphria Had a Tough Week after EarningsAphria fell Last week was tough for Aphria (APHA). The company lost nearly 23.6% from the week ending April 12 to the week ending April 18. The stock fell after its earnings release, which disappointed
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.
CALGARY, April 22, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI.CN - News) (OTCQB:HTDEF - News) (FRA:2LY.F - News), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has closed the first tranche of the sale of unsecured convertible debentures (the "Debentures") of the Company under the non-brokered private placement (the "Offering") previously announced on April 10, 2019, with gross proceeds of $8,360,000 to date. High Tide intends to close a second and final tranche of the Offering for aggregate gross proceeds of up to $15,000,000, which has been increased from the original amount of $10,000,000 due to strong investor demand.
The annual marijuana day celebration on April 20 led to a crash of delivery websites, including the biggest legal delivery app, Eaze, as companies struggled to keep up with demand.
Canopy's $3.4 billion purchase of Acreage Holdings is unlike anything Wall Street or investors have ever seen.