|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.90 - 30.00|
|52 Week Range||11.99 - 30.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.40|
Canopy Growth Corp. is said to be nearing a deal to acquire New York-based Acreage Holdings Inc., according to a report from Bloomberg news.
Canopy Growth's Acreage Acquisition Boosts SentimentThe gains The cannabis sector appeared to show optimism after Canopy Growth (WEED)(CGC) announced that it would acquire Acreage Holdings (ACRGF), a US multi-state cannabis operator with
Canopy Growth to Acquire Acreage Holdings(Continued from Prior Part)Canopy Growth jumps Canopy Growth (WEED) (CGC) announced that it will acquire Acreage Holdings for a total value of $3.4 billion, which led the company’s stock price to jump on
FRANKFURT, Germany, April 18, 2019 -- Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.U) (OTC:ACRGF) (FSE:0VZ) and Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED).
Proposed Deal Complements Canopy Growth's U.S. CBD Strategy With An Accelerated Pathway Into U.S. Cannabis Markets, Once Federally Permissible Deal Structure Expected to Provide Improved Access to Capital ...
NEW YORK, April 18, 2019 /CNW/ -- The tremendous growth of the cannabis market is causing the marketspace to become an emerging global industry. Under international regulations, cannabis is one of the most heavily enforced drugs, primarily due to the psychoactive effects of marijuana. The marijuana plant is comprised primarily of THC, which causes the psychoactive effects.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) announced that on April 17, its subsidiary, High Street Capital Partners, LLC entered into an agreement to acquire 100% of Deep Roots Medical LLC (“Deep Roots”), a vertically integrated cannabis operator in Nevada, for a total deal value of $120 million to be paid in common units and cash. Deep Roots marks Acreage’s entry into Nevada, increasing the company’s total state footprint to 20 (including pending acquisitions) - the largest in the US cannabis industry. With a population of three million, and tourism that attracts 43 million visitors per year, Nevada is estimated to generate nearly $800 million in legal cannabis sales by 2022, according to Arcview Market Research.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (0VZ.F) and Form Factory, Inc. (“Form Factory”) announced today the closing of the merger that was previously announced on December 6, 2018, pursuant to which Acreage acquired all of the issued and outstanding shares of Form Factory. According to the terms of the merger, Acreage issued 6.280 million subordinate voting shares at a deemed value of $25.00 per share. The transaction brings Form Factory’s expertise as a one-stop-shop to develop, manufacture, and distribute cannabis products of any form factor to Acreage’s 19-state footprint of cannabis-based consumer and medical products.
Is There More Upside to Planet 13 Holdings Stock?(Continued from Prior Part)Analysts’ recommendations Of the three analysts that follow Planet 13 Holdings (PLNHF) (PLTH), one analyst is favoring a “strong buy,” while the remaining two analysts
CORAL GABLES, FL / ACCESSWIRE / April 11, 2019 / When speaking about the marijuana stock market, we cannot help but bring the Canadian cannabis industry into the conversation. For quite some time, Canada has been leading the global charge in terms of advocating in favor of cannabis legalization. Although cannabis growers are typically the companies most people focus on, it would seem that there are a significant amount of companies with ancillary functions in the cannabis sector.
Is There More Upside to Curaleaf Holdings’ Stock Price?(Continued from Prior Part)Analysts’ recommendationsAmong the six analysts that follow Curaleaf Holdings (CURA) (CURLF), three recommended a “strong buy,” while three recommended a
Is There More Upside to Curaleaf Holdings’ Stock Price?Stock performance Curaleaf Holdings (CURA) (CURLF) has started 2019 on a stronger note. As of April 9, the company’s stock price has increased 83.0% since the beginning of the year. In
Acreage Holdings (“Acreage”) (ACRG-U.CN) (ACRGF), today announced the appointment of Corey Burchman, MD as Chief Medical Officer. Dr. Burchman will oversee development of an Acreage medical advisory board, assist in developing patient outreach programs, and serve as medical risk mitigator to the company’s product development and innovation. Dr. Burchman will report to Chief Operating Officer, Bob Daino.
Planet 13 and Wayland Group Posted Strong Performance Last Week(Continued from Prior Part)Stock performance Cannabis stocks were mixed last week. Of the seven companies considered for our analysis in this article, three have given positive returns,
Planet 13’s Superstore Earned Revenues of $5.5 Million in MarchRevenue growth Planet 13 Holdings (PLNHF) (PLTH) announced today that its Las Vegas Cannabis Entertainment Complex, also called the Superstore, posted revenue of $5.5 million in March.
Analyzing iAnthus Capital Holdings’ Q4 Results(Continued from Prior Part)Stock performance After iAnthus Capital Holdings (ITHUF) (IAN) posted its fourth-quarter earnings on April 2, the company’s stock price rose and closed the day at 7.61
Analyzing iAnthus Capital Holdings’ Q4 ResultsFourth-quarter results On April 2, iAnthus Capital Holdings (ITHUF) (IAN) posted its fourth-quarter earnings before the market opened. For the quarter ending on December 31, the company posted
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (0VZ.F) announced today that two The Botanist branded cannabis dispensaries opened during the month of March in New York and North Dakota. The New York Botanist, located on Long Island in Farmingdale, is Acreage’s fourth dispensary in the state, the maximum allowed by current regulations. The Botanist in Fargo, North Dakota, is the state’s first operational dispensary. With these new dispensary openings, Acreage now owns or has management services agreements in place (including pending acquisitions) for 25 dispensaries that are currently open in 12 states, including nine The Botanist branded dispensaries.
Acreage Holdings, Inc. (“Acreage”) (ACRG-U.CN) (ACRGF) (FSE:0ZV) Chairman and CEO Kevin Murphy provided the following statement regarding today’s successful vote of the U.S. House of Representatives Financial Services Committee. “Today, the House Financial Services Committee signaled to the entire Congress that lawfully licensed cannabis businesses require access to traditional banking services like any other business. By passing with such overwhelming support - with 100% of Democrats and more than 40% of Republicans - we are a step closer to aligning federal policies to support the economic growth of the fastest growing industry in the US.
It's a no-go for recreational marijuana in the Garden State for now. And several marijuana stocks are feeling the sting of the state's delay.
What Drove Curaleaf’s Stock Price Last Week?(Continued from Prior Part)Stock performances Despite the weakness in the broader equity market last week, with the S&P 500 Index falling 0.8%, most cannabis stocks delivered positive returns. From
Curaleaf Stock Rose More than 30% on March 21(Continued from Prior Part)Fourth-quarter revenues Before we discuss analysts’ 2019 estimates, we’ll look at Curaleaf Holdings’ (CURA) (CURLF) fourth-quarter performance. The company posted its
Curaleaf Stock Rose More than 30% on March 21Curaleaf’s earningsCuraleaf Holdings (CURA) (CURLF) posted its fourth-quarter earnings after the market closed on March 20. Bloomberg reported that during the fourth-quarter earnings call, Curaleaf’s
Following Canada's country-wide legalization back in October 2018, the cannabis industry has used the momentum gained from Canada's legislation to demonstrate, on a global scale, the economic benefits of investing in cannabis companies. Leafbuyer Technologies Inc (OTC:LBUY), Acreage Holdings Inc (ACRGF), Canopy Rivers Inc (OTC PINK: CNPOF) (RIV.V), The Yield Growth Corp (OTCQB:BOSQF) represent 4 marijuana stocks leading the industry on Wednesday. In recognition of this growing trend to do one's homework, Leafbuyer has become the authority on cannabis-related information.
According to a recent Forbes article, North America is expected to become the single largest legal cannabis market in the world, growing to approximately $47.3 billion by 2027. To serve this billion dollar market, a number of North American marijuana companies are building out innovative, premium cannabis retail brands across the continent. In this report, we examine some of the fastest growing North American cannabis retailers preparing to dominate the Canadian and U.S. legal marijuana markets. Westleaf Inc. (WL.V) (WSLFF), a vertically integrated Canadian cannabis company focused on innovative retail experiences and engaging cannabis brands as well as cultivation, production and extraction of cannabis products, is quickly becoming one of Canada’s largest premium cannabis retailers.