|Bid||8.51 x 1800|
|Ask||8.51 x 4000|
|Day's Range||8.44 - 8.64|
|52 Week Range||4.05 - 12.52|
|Beta (3Y Monthly)||2.62|
|PE Ratio (TTM)||39.26|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The "Cannabis Craze" had everyone and their brother buying up marijuana stocks. These cannabis stocks didn't have enough free-floating shares to cover the massive amount of buy interest leading them to skyrocketed at the end of 2018 far above their fair value.
CALGARY, May 17, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI.CN - News) (OTCQB:HITIF - 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 Canna Cabana has been granted membership into the Canadian Franchise Association ("CFA"). High Tide is now in possession of a Certificate of Membership for both the Smoker's Corner retail smoking accessories business and the Canna Cabana retail cannabis business, which is unique in Canada.
Aurora Cannabis thinks it is on the path to profitability after selling nine metric tons of marijuana last quarter. But one analyst isn’t so sure.
After notching a 305% increase in net revenue over the same quarter last year, Aurora Cannabis CCO Cam Battley revealed how the company is eyeing profitability and U.S. expansion.
Aurora Cannabis: Analysts' Ratings and Target Price Changed(Continued from Prior Part)Is Aurora Cannabis attractive?Aurora Cannabis (ACB) is one of the top marijuana stocks for investors. The company posted its third-quarter earnings on May 14.
Aurora Cannabis: Analysts' Ratings and Target Price ChangedAurora CannabisAurora Cannabis (ACB) reported its third-quarter earnings on May 14. Since then, the stock has mainly moved sideways. Let’s look at how analysts’ ratings and target
Trade War Intensifies, Huawei In Crosshairs Continuing to employ the excuse of national security, US President Donald Trump has upped the ante on his personal trade war with China by practically banning Chinese telecom carrier Huawei from doing business in the US. The Commerce Department will add Huawei to its “entity list” where it judiciously […]The post Market Morning: Huawei Heckled, Alibaba Winning, Aurora On US Market appeared first on Market Exclusive.
(ACB)stock recovered from early morning losses and then some Wednesday afternoon, climbing 3.3% to $8.68 at the close. Aurora Cannabis (ticker: ACB) said in its fiscal third-quarter earnings report released after the markets closed on Tuesday that it sold 9 metric tons of marijuana last quarter. Despite concerns about slowdowns in Canada’s recreational pot market, Aurora Cannabis said net revenue grew 20% quarter over quarter, hitting 65 million Canadian dollars (US$48.5 million).
The market odds of a cut increased on Wednesday, after the Commerce Department reported a surprise decline in retail sales for April. On the other hand, there aren’t many signs that the U.S. economy is slowing, which is what normally leads the Fed to cut rates. Years ago they owned more Treasuries than U.S. investors—but that’s changed.
Children’s Place, Aurora Cannabis, Tilray, Microsoft and Amazon are the companies to watch.
A mixed set of results from some the cannabis sector’s biggest names is providing further clues on the direction of the nascent industry.
Cannabis businesses are rapidly looking to expand into new markets. Yahoo Finance Zack Guzman, Alexis Keenan and Heidi Chung discuss with Caliva Chairman of the Board Carol Bartz.
Investors had worried that the recreational marijuana market was off to a slow start in Canada, but Aurora Cannabis and other pot companies saw strong sales increases and revenue growth.