|Bid||4.2400 x 0|
|Ask||4.2500 x 0|
|Day's Range||4.0800 - 4.4600|
|52 Week Range||2.6500 - 13.4800|
|Beta (5Y Monthly)||2.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr. 12, 2020 - Apr. 16, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.69|
NewLake Capital Partners is an independent investment vehicle focused on acquiring industrial and retail properties in the cannabis industry. NewLake Capital Partners CEO Anthony Congilio joins On the Move to discuss the current state of the industry.
Aphria is among the 3 top marijuana stocks worth monitoring this month, another cannabis firm could set a great execution example this month, while the other will fight for survival in April.The post 3 Top Marijuana Stocks to Watch in April appeared first on The Motley Fool Canada.
CALGARY , April 6, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that, in compliance with the order issued by the Province of Ontario , the Canna Cabana locations in Hamilton , Sudbury and Toronto (the "Ontario Stores") were closed by 11:59 PM on Saturday, April 4, 2020 for a 14-day period after all retail cannabis stores were removed from the government's list of essential workplaces on Friday, April 3, 2020 . All retail staff at the Ontario Stores have been temporarily laid-off as the Company awaits further updates from the Province.
High Tide Reports First Quarter 2020 Financial Results Featuring 173% Revenue Increase over the Same Period of the Previous Year
LEAMINGTON, ON, March 27, 2020 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA), a leading global cannabis company, today is pleased to announce it has earned a spot on the Globe and Mail's inaugural Report on Business Women Lead Here ("Women Lead Here") list, an annual benchmark of executive gender diversity in corporate Canada. Launched in 2020, Women Lead Here uses proprietary research methodology to rank Canadian companies that have achieved or are nearing gender parity in executive ranks.
After underperforming, cannabis stocks like Aphria Inc (TSX:APHA)(NYSE:APHA) may finally be worth looking at.The post Stock Market Crash: Cannabis Stocks May Finally Be Worth Looking At! appeared first on The Motley Fool Canada.
Here's why investors with a high risk tolerance can consider investing in pot stocks such as Curaleaf and Aphria. The post Coronavirus Bear Market: Where to Invest $500 Right Now appeared first on The Motley Fool Canada.
(Bloomberg) -- More people stuck at home has led to a higher demand for cannabis, and Aphria Inc. is one of the best-positioned companies to take advantage of that trend, an analyst at Bank of America said.“Our checks across North America were consistent: regardless of region, cannabis purchases have accelerated,” analyst Christopher Carey said in a note. “While likely on pantry loading, it’s not unreasonable to think there will be some boost to per capita consumption as people stay at home longer.”This implies that pot is a defensive category, like alcohol and tobacco. Carey upgraded Aphria to buy from neutral, although he cut his price target to C$5 from C$8 to reflect the impact of market turbulence on cannabis shares. The company “could increasingly take a disproportionate share of increased demand” as its peers struggle, he said.Carey also raised Organigram Holdings Inc. to neutral from underperform, leaving his price target at C$2.50. The company appears capable of delivering consistent sales and profit, unlike many of its peers, with sufficient liquidity and free cash flow in sight, he said.Separately, Carey downgraded Tilray Inc. to underperform from neutral and slashed his price target to a Street low of $2 from $16 following last week’s share offering at a steep discount. This “very dilutive equity raise occurring amidst stock market turbulence” was a “significant confidence hit, in our view,” he said.Aphria shares rose as much as 9.5% in Toronto, while Organigram gained 5.5% and Tilray added 15%.(Adds share move in final paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) continues to remain overvalued. If you are looking to add a high-quality pot stock, consider these two long-term cannabis companies.The post Forget Aurora (TSX:ACB) Stock: 2 Pot Stocks That are Way Cheaper appeared first on The Motley Fool Canada.
Tired of weak results? This trio of small-cap stocks, including Aphria (TSX:APHA)(NYSE:APHA), might provide the big upside you're looking for. The post Buy These 3 Explosive Stocks if the Market Keeps Falling appeared first on The Motley Fool Canada.
CALGARY , March 2, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, filed its year-end 2019 financial results on February 28 , 2020, the highlights of which are included in this news release. The full set of Consolidated Financial Statements and Management's Discussion and Analysis can be viewed by visiting High Tide's website at www.hightideinc.com, its profile page on SEDAR at www.sedar.com or the Company's CSE profile page at www.thecse.com. Due to the developments in the 2019 fiscal year, together with High Tide's rapid expansion, the Company is now one of the largest retail-focused cannabis companies in Canada .
CALGARY , Feb. 21, 2020 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), 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 acquisition of a retail cannabis store (the "Transaction") currently operating in Tisdale, Saskatchewan (the "Tisdale Store") as licensed by the Saskatchewan Liquor and Gaming Authority (the "SLGA"). The consideration paid to acquire the Tisdale Store was $200,000 in cash, $500,000 in the form of a promissory note due six months from the time of closing of the Transaction and 5,000,000 of common shares of the Company.
/R E P E A T -- High Tide Announces Agreement to Sell KushBar Assets to Halo Labs for $12 Million/