|Bid||10.87 x 0|
|Ask||10.99 x 0|
|Day's Range||10.18 - 12.56|
|52 Week Range||2.65 - 15.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.10|
Coca-Cola Company (NYSE:KO) could give Aurora Cannabis (TSX:ACB) a boost to $20 if a deal is struck.
A cannabis firm is looking to hire five pot aficionados from across the country to sample the company’s wares and get paid to do it. Toronto-based company AHLOT is offering up to $1,000 a month to five "cannabis connoisseurs" to sample various strains of marijuana. With legalization scheduled for Oct. 17, the bud brain trust will form the company's officially titled Cannabis Curation Committee, reporting back on characteristics and quality.
There’s a further bullish momentum on Aurora Cannabis Inc. (TSX:ACB) stock as the cannabis giant contracts with more Canadian provinces.
What started last year with Constellation Brands (STZ) getting involved with the likes of Canopy Growth (CGC) has sparked a firestorm of additional interest from other companies. Furthermore, it has been reported that alcohol company, Diageo (DEO) is showing interest and speaking with 3 other cannabis companies for a potential entry into the space. Integrated Cannabis Company is trading nearly 100% higher than it was a month ago.
LAS VEGAS, Sept. 19, 2018 /CNW/ - Australis Capital Inc. (CSE:AUSA) ("Australis"), an emerging investment company primarily focused on the U.S. cannabis industry, announced today the commencement of trading on the Canadian Stock Exchange (CSE) under the ticker "AUSA". This is immediately following the completion of the distribution of common shares and warrants of Australis by Aurora Cannabis (TSX:ACB.TO - News) to its shareholders. "The Australis team is excited to begin trading today and grateful to our friends at Aurora Cannabis as the genesis to what will be a compelling and complimentary US mandate," stated Scott Dowty, Chief Executive Officer of Australis.
On September 17, BNN Bloomberg reported that Coca-Cola was in talks with Aurora Cannabis (ACB)(ACBFF) to develop a CBD-based (cannabidiol) recovery drink to ease pain, inflammation, and cramping. As a result of this report, the investment community saw a major company taking interest in the marijuana industry, which further underscores the seriousness of the cannabis sector.
Aurora Cannabis Inc. says it has not signed a deal with respect to any partnership with a drink company. In a report based on anonymous sources, BNN Bloomberg reported Monday that Aurora was in serious talks with the Coca-Cola Company. Trading in Aurora shares was halted pending the comments by the company.
Investing.com - Cannabis stocks were off to the races again midday after a regulatory announcement, while consumer staples were hit by a double whammy of trade tensions and weak earnings.
Here is why the rumoured Aurora Cannabis Inc. (TSX:ACB) deal with The Coca-Cola Co (NYSE:KO) is a perfect strategic fit.
TSX: ACB EDMONTON , Sept. 18, 2018 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt : 21P; WKN: A1C4WM) today announced it, and its wholly-owned ...
Forget Aurora Cannabis Inc. (TSX:ACB)! Canopy Growth (TSX:WEED)(NYSE:CGC) and Bruce Linton have a consolidation solution up their sleeves!
TORONTO , Sept. 18, 2018 /CNW/ - Trading resumes in: Company: Aurora Cannabis Inc. TSX Symbol: ACB All Issues: Yes Resumption (ET): 10:45 IIROC can make a decision to impose a temporary suspension (halt) ...
CORAL GABLES, FL / ACCESSWIRE / September 18, 2018 / Cannabis stocks continue to soar as the market prepares for October 17 and the deadline for legal recreational marijuana sales in Canada. This week it was announced that Coca-Cola (KO) could be ready to throw its hat into the ring with a CBD-based beverage. Integrated Cannabis Company is trading 90% higher than it was a month ago today.
Earlier in this series, we discussed a recent development in which Coca-Cola (KO) was reported to be in talks with Aurora Cannabis (ACB) (ACBFF) to develop a cannabis-infused drink (MJ). The planned legalization of recreational cannabis in Canada is presenting a new market for non-cannabis players to explore. Thus, it is no surprise to see that Canopy Growth (CGC) (WEED) and HEXO (HEXO) have both pursued deals with alcoholic beverage companies.
On September 17, BNN Bloomberg reported that Aurora Cannabis (ACB) (ACBFF) and Coca-Cola (KO) are in “serious talks” to develop cannabis-infused beverages. Coca-Cola joins alcoholic beverage makers Constellation Brands (STZ) and Molson Coors (TAP), which have already formed partnerships with major Canadian cannabis companies Canopy Growth (WEED) (CGC) and HEXO (HEXO), respectively.
Trump Adds $267B Tariff Insult to $200B Tariff Injury Not only will the Trump Administration slap tariffs on $200 billion in Chinese goods by next week, or so is being announced on every scrap of financial media this morning, but the tariff rate will be doubled in 2019. This puts the total amount of goods […] The post Market Morning: Trump Tariff Tantrum, Buybacks Booming, Moon to Pyongyang, Cannabis Coke appeared first on Market Exclusive.
Shares of Aurora Cannabis Inc. rose nearly 17 per cent Monday after a report the marijuana producer was in talks with the Coca-Cola Company to develop pot-infused drinks. Sources told BNN Bloomberg that the world's largest beverage company is interested in developing drinks that are infused with cannabidiol, the non-psychoactive element in cannabis also known as CBD. While CBD does not have the same psychoactive effect that THC does, it has been touted by some as having therapeutic effects, such as pain relief.
Pot legalization is coming next month, and big cannabis producers like Canopy Growth Corp (TSX:WEED)(NYSE:CGC) will be affected in a big way. What does that mean for investors?
We knew Aurora Cannabis Inc (TSX:ACB) wasn't going to be sitting on the sidelines while its competitors signed deals with big alcohol companies.
Why "story" stocks such as Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Aurora Cannabis Inc (TSX:ACB), which are trading at price-to-sales multiples well in excess of 100, are due for a rude awakening.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and Hexo Corp. (TSX:HEXO) are two of the largest Cannabis players in the market, but which of these is the best for your portfolio?
Aurora Cannabis Inc. (TSX:ACB) is making strategic global acquisitions. Is this the right time to buy the stock?