|Bid||6.44 x 0|
|Ask||6.45 x 0|
|Day's Range||6.38 - 6.72|
|52 Week Range||4.95 - 14.37|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.45|
CALGARY, Dec. 10, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI.CN - News) (OTCQB:HITIF - News) (Frankfurt:2LY.F - News), an Alberta-based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, is pleased to announce that it has entered into a definitive share purchase agreement (the "Definitive Agreement") with 2651576 Ontario Inc. (the "Minority Holder"), a private Ontario company, to acquire the remaining 49.9% interest (the "Minority Interest") in High Tide's majority-owned subsidiary, KushBar Inc. ("KushBar"). Pursuant to the Definitive Agreement, High Tide, which presently holds a controlling interest of 50.1% in KushBar, will acquire the Minority Interest in a transaction (the "Transaction") that will result in KushBar becoming a wholly-owned subsidiary of High Tide.
A Santa Claus Rally is a great way to end the calendar year and begin a new one, so load up on a top growth stock like Aphria Inc (TSX:APHA)(NYSE:APHA) to take full advantage.
While several pot stocks are struggling with mounting losses, two Canadian cannabis companies are reporting strong profit margins.
CALGARY , Dec. 5, 2019 /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 second tranche (the "Second Tranche") of the sale of unsecured convertible debentures (the "Debentures") of the Company under the private placement (the "Offering") previously announced on November 14, 2019 . Gross proceeds from the Second Tranche were $2,115,000 .
Village Farms International Inc. (TSX:VFF)(NASDAQ:VFF) or Aphria Inc. (TSX:APHA)(NYSE:APHA)? It’s a tight race, but one has the edge.
Apple’s sweeping ban on vaping-related mobile apps, a decision impacting devices for medical cannabis patients and denying iOS users safety controls to prevent use by children, is a “knee-jerk” response to health concerns over e-cigarettes, according to pot giant Canopy Growth.
LEAMINGTON, ON, Dec. 2, 2019 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) announced that its subsidiary Aphria Diamond secured a credit facility, on November 29 2019, with a major Canadian chartered bank (the "Bank") as sole arranger, sole book runner and administrative agent on behalf of a group of lenders for a committed senior secured credit facility of $80 million (the "Credit Facility"). "Aphria has the largest cash balance in the cannabis industry without the dilution of a strategic partner," said Irwin D. Simon.
Tired of weak results? This trio of small-cap stocks, including Aphria (TSX:APH)(NYSE:APH), might provide the big upside you're looking for.
CALGARY, Nov. 27, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI.CN - News) (OTCQB:HITIF - News) (Frankfurt: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 been selected by Aurora Cannabis Inc. ("Aurora") to manage its flagship retail store at West Edmonton Mall ("WEM") opening to the public on November 27th in Aurora's home city of Edmonton, Alberta. The Company has signed an agreement with an affiliate of Aurora to provide services including, but not limited to: inventory, marketing, operations, sales, staffing, training, and security, in accordance with both Health Canada and Alberta Gaming, Liquor and Cannabis requirements, over a base term of three years with an option to extend the term, in exchange for service provider fees (the "Agreement").
Aphria reported its second-consecutive profitable quarter on Oct. 15, weeks before several of its larger peers would disappoint investors with lacklustre financial results
The Aphria stock seems to be the most viable marijuana stock today. Unfortunately, the ultra-high volatility of the cannabis sector is a discouraging factor.
Could marijuana stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) and Aurora Cannabis (TSX:ACB)(NYSE:ACB) recover back to all-time highs to create new TFSA millionaires ever again?
Dividend-growth stock Enbridge (TSX:ENB)(NYSE:ENB) offers a juicy yield today, I’d augment that with a good REIT and add one cannabis stock for capital growth.
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,999.19, down 6.63 points.)Aurora Cannabis Inc. (TSX:ACB). Health care. Up 64 cents, or 18.29 per cent, to $4.14 on 35.6 million shares.The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 28 cents, or 31.46 per cent, to $1.17 on 14 million shares.Hexo Corp. (TSX:HEXO). Health care. Up 86 cents, or 33.99 per cent, to $3.39 on 13.2 million shares.Canopy Growth Corp. (TSX:WEED). Health care. Up $3.54, or 15.07 per cent, to $27.03 on 11 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Up two cents, or 10.81 cents, to 20.5 cents on 10 million shares.Aphria Inc. (TSX:APHA). Health care. Up 60 cents, or 10.02 per cent, to $6.59 on 7.3 million shares. Companies in the news:Canadian National Railway Co. (TSX:CNR). Down 50 cents to $119.95. A strike at Canadian National Railway Co. has left Quebec with fewer than five days before it runs out of propane, said Premier Francois Legault, who warned of an "emergency" that could wreak havoc at hospitals, nursing homes and farms. The shortage comes as pressure mounts on the one-day-old Trudeau cabinet to reconvene Parliament ahead of schedule and legislate the 3,200 striking workers back to work. Quebec has already started to ration propane, narrowing it to less than half the typical six million litres per day, Legault said. The province has about 12 million litres in reserve.Waterloo Brewing Ltd. (TSX:WBR). Down six cents to $3.06. Waterloo Brewing Ltd. says it has lost $2.1 million after scammers convinced the company to send money to a fraudulent third-party account. The Ontario brewery said Thursday that the "sophisticated" attack in November involved the impersonation of a creditor employee asking for multiple wire transfers. After discovering the scheme, the company said it initiated an analysis of all other transaction activity across all of its bank accounts, as well as a review of its internal systems and controls that included its computer networks to prevent further attacks.Loblaw Companies Ltd. (TSX:L). Up 27 cents to $70.74. Loblaw Companies Ltd. launched a "curated marketplace" online Thursday that will include brands and products the company hasn't stocked before in a move aimed at setting the retailer up to compete with Amazon for Canadian market share. Canada's largest grocery chain said the marketplace includes more products, as well as a broader range of vendors than what was available before. The online marketplace is an expansion of the existing PC Express platform, which allows customers to buy groceries online and pick them up in store or opt for home delivery.Canadian Pacific Railway Ltd. (TSX:CP). Down 86 cents to $313.87. Canadian Pacific Railway Ltd. has entered into a US$130-million deal to acquire the Central Maine and Quebec Railway, which operates the tracks at the centre of the Lac-Megantic disaster in 2013. CP Rail and Fortress Transportation and Infrastructure Investors LLC, a New York investment firm, announced a definitive agreement for 774 kilometres of track that provides access to ports in Searsport, Maine, and Saint John, N.B. The rail line encompasses the tracks that saw a runaway train hauling tanker cars loaded with volatile crude oil break loose and barrel into Lac-Megantic on July 6, 2013, where it derailed and exploded into a massive ball of fire that consumed much of the downtown core, killing 47 people.This report by The Canadian Press was first published Nov. 21, 2019. The Canadian Press
CALGARY , Nov. 21, 2019 /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 the Canna Cabana location in Unit #6128 at 403 Mackenzie Way SW in Airdrie (the "Airdrie Store") has received its first delivery of recreational cannabis products from Alberta Gaming, Liquor and Cannabis ("AGLC") and today will begin selling cannabis and accessories. To celebrate its grand opening, festivities will take place at the Airdrie Store on Saturday, November 23rd .