|Bid||12.80 x 0|
|Ask||12.83 x 0|
|Day's Range||12.69 - 13.33|
|52 Week Range||4.76 - 22.00|
|Beta (3Y Monthly)||3.95|
|PE Ratio (TTM)||32.16|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.50|
Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) joins three high-powered cannabis stocks for an outperforming quartet.
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) has been hitting the headlines hard lately, but could Aphria Inc. (TSX:APHA)(NYSE:APHA) see the next big boost?
Hexo Corp (TSX:HEXO) recently made a move that put the company within striking distance of Aphria (TSX:APHA) (NYSE:APHA). But is it the better buy right now?
Cannabis Stocks ACB, CRON, APHA, TLRY Trending Lower TodayCannabis sector trending lower The overall cannabis sector took a hit today amid the broader market’s declines. The volatility index (VIX) jumped 17.9%, and the cannabis sector is more
Canopy Growth Sets Its Eyes on the US MarketNew acquisitionOn March 20, Canopy Growth (WEED) (CGC) announced that it signed a multiyear extraction agreement with HollyWeed. The company is back in the news with yet another event. Early on March 21,
DENVER, March 21, 2019 /CNW/ -- Following the passing of the 2018 Farm Bill, CBD sales have continued their massive growth in the United States and beyond. CBD can be derived from hemp, and the passing of a new farm bill in the States makes this form of cultivation legal at a federal level. This forms part of wider growth in the cannabis market, as companies expand their operations in North America and even beyond.
Cannabis Sector Is in the Red on March 20Cannabis sector in redThe overall cannabis sector turned red in the first half of March 20. The Horizons Marijuana Life Sciences ETF (HMMJ) had fallen by about 1.2% as of noon on March 20, while the ETFMG
Canopy Growth Rises on News of Extraction AgreementCanopy Growth’s new agreement On March 20, Canopy Growth (CGC) (WEED) announced that it had entered into a multiyear extraction and processing agreement with HollyWeed North Cannabis. HollyWeed
PALM BEACH, Florida, March 20, 2019 /CNW/ -- The potential future revenues for the cannabis global market is unknown, but each report projects growth, growth and more growth. The renowned Bank of Montreal (BMO) had two of the bank's cannabis sector analysts, to seek: "… to determine just how big the total addressable market Canadian producers will be competing for in the coming years, one that doesn't stop at Canada's borders." said an article in the Financial Post. The article revealed what the bank's report said: "The potential of the global cannabis industry is so vast that it could eventually make the sky-high valuations of some Canadian licensed producers look like bargains, according to a new report from Bank of Montreal.
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,188.10, down 63.27 points).Aurora Cannabis Inc. (TSX:ACB). Health care. Down four cents, or 0.3 per cent, to $13.22 on 21.8 million shares.The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 38 cents, or 7.45 per cent, to $5.48 on 17.7 million shares.Hexo Corp. (TSX:HEXO). Health care. Up 29 cents, or 3.25 per cent, to $9.20 on 10.5 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 45 cents, or 1.2 per cent, to $36.94 on 8.2 million shares.Encana Corp. (TSX:ECA). Energy. Down 24 cents, or 2.39 per cent, to $9.79 on 6.6 million shares.Aphria Inc. (TSX:APHA). Health care. Up six cents, or 0.44 per cent, to $13.71 on 6.4 million shares.Companies reporting:Air Canada (TSX:AC). Up 33 cents to $31.75. Air Canada has decided to remove its grounded Boeing 737 Max 8 jets from service until at least July 1 in order to provide more certainty for passengers that wish to book flights in the coming months. Canada's largest airline announced Tuesday that it has substituted different aircraft in its fleet, chartered flights or leased aircraft from Air Transat, suspended some routes temporarily, and adjusted its rebooking policy for affected customers. The Canadian Press
Cannabis Stocks’ Performance Is Mixed TodayThe cannabis sectorAs of noon today, the Horizons Marijuana Life Sciences ETF (HMMJ) had gained ~0.47%, while the ETFMG Alternative Harvest ETF (MJ) had gained 1.7%. Sector gainers included HEXO (HEXO),
What to Expect from CannTrust's Q4 Earnings(Continued from Prior Part)ProfitabilityPreviously in this series, we saw that CannTrust (CTST) is expected to report sales growth of almost 197% year-over-year in the fourth quarter. Let’s look at how
What to Expect from CannTrust's Q4 EarningsFourth-quarter earnings CannTrust (CTST) announced that it’s scheduled to report its fourth-quarter earnings on March 28 before the market opens. The company will have an earnings call on the same day.
DENVER, March 19, 2019 /CNW/ -- The growth of the hemp sector is having a beneficial effect for both hemp companies and hydroponic suppliers. Sugarmade Inc. (OTC:SGMD - News) (SGMD Profile) via its pending acquisitions is poised to accelerate its growth rate as a result of this hemp cultivation boom, along with other leading companies. Tilray Inc. (NASDAQ:TLRY - News) has been expanding through the acquisition of other companies and a move into Europe, with a successful harvest in Portugal.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) made headlines for its strong earnings in Q3, but these three cannabis companies became profitable earlier
CORAL GABLES, FL / ACCESSWIRE / March 18, 2019 / The marijuana stock market has garnered significant media attention over the last few months as the ancillary industry has quickly shifted from being a lesser-known collective of companies to a valuable asset that investors are hot to have in their portfolios. Perhaps the most important reason that investors are interested in ancillary cannabis companies, rather than pure-play cannabis stocks, is that these tertiary companies are not nearly as volatile. This sect of the cannabis sector covers a myriad of companies relating to everything from packaging to digital and more.
Cannabis Stocks Gain Momentum at the Start of the WeekCannabis sector The overall cannabis sector was off to a positive start in the first half of the day today. The Horizons Marijuana Life Sciences ETF (HMMJ) gained about 1.7% as of noon while the
Cannabis: Latest Supply-Demand Data from CanadaCannabis demandOn March 12, Health Canada provided an update on the cannabis supply and demand statistics in Canada. There are some concerns for cannabis investors on the dried cannabis front. First,
Last Week Was a Good One for the Cannabis SectorCannabis sectorLast week, the overall cannabis sector had a good week with most stocks and ETFs in the industry ending in positive territory. The Horizons Marijuana Life Sciences ETF (HMMJ) gained
HEXO Got Target Price Upgrades after Its Q2 EarningsHEXO’s earningsHEXO (HEXO) reported its earnings on March 14. The company’s revenues increased more than 1,000%. Since the company’s earnings were released, the stock has risen nearly 10%
HEXO's Revenues Rose Over 1,000% in Second Quarter(Continued from Prior Part)HEXO’s balance sheet In the second quarter, HEXO (HEXO) had total assets of 446 million Canadian dollars, which increased year-over-year from 334 million Canadian dollars.
HEXO's Revenues Rose Over 1,000% in Second QuarterHEXO reports solid growth HEXO (HEXO) reported its Q2 earnings on March 14. The company saw a significant increase in sales year-over-year to 13.4 million Canadian dollars, which rose almost 10 times