|Bid||9.53 x 1000|
|Ask||9.59 x 800|
|Day's Range||9.45 - 9.95|
|52 Week Range||3.75 - 16.86|
|Beta (3Y Monthly)||4.10|
|PE Ratio (TTM)||31.87|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
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.
HENDERSON, NV / ACCESSWIRE / March 20, 2019 / Legal cannabis cultivation in the U.S. consumes an estimated 1.1 terawatt-hours of electricity a year, according to the 2018 Cannabis Energy Report, published ...
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.
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.
It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.Aphria Inc. APHA-CA : "The guy who actually I think runs it day to day is Irwin Simon, our old friend from Hain Celestial, and I think that Irwin can pull something off here.
NEW YORK, March 13, 2019 /CNW/ -- Chronic pain is among one of the most common medical conditions globally. More than 1.5 billion people suffer from the effects of chronic pain and it is the number one cause of long-term disability in the U.S, according to TheGoodBody. Additionally, the severe effects of chronic pain have been linked to other problems such as depression and trouble sleeping.
CORAL GABLES, FL / ACCESSWIRE / March 11, 2019 / It's quite astounding that the marijuana stock market continues to receive so much attention despite the nascent nature of the cannabis industry. Having said that, the cannabis industry has seen a boom in excitement this past year as a result of lawmakers pushing for legislation in support of marijuana legalization. Global Consortium Inc (OTC:GCGX), Aphria Inc (APHA), Emerald Health Therapeutics Inc (EMHTF), and Innovative Industrial Properties Inc (IIPR) are 4 marijuana stocks heating up on Monday.
Typically, small-to-mid cap stock companies fare much better in volatile market conditions because, whereas larger companies are burdened by bureaucratic practices. CLS Holdings USA Inc (OTC:CLSH), Cronos Group Inc (NASDAQ:CRON), Aphria Inc (APHA), and Tilray Inc (NASDAQ:TLRY) are 4 marijuana companies testing their limits on Thursday. CLS Holdings USA Inc (OTC:CLSH) is a diversified cannabis company operating as Cannabis Life Sciences and an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries.
Sans one-time benefits and fair-value adjustments, marijuana stock income statements have been downright ugly.
Why Aphria Could Squeeze Out Short Sellers(Continued from Prior Part)Irwin D. Simon Irwin D. Simon emerged as the key figure for Aphria (APHA) amid all the negative press the company got late in December. Aphria appointed Simon as the independent
Countries like Argentina, Brazil, Germany, Italy, Mexico, Spain, and the United Kingdom have all moved to legalize cannabis for medical use. As countries continue to legalize cannabis for medicinal use, it will encourage others to join the movement, further accelerating the overall cannabis industry growth. According to data compiled by IMARC Group, the global medical cannabis market was estimated to amount to more than USD 11 Billion in 2017.
Why Aphria Could Squeeze Out Short Sellers(Continued from Prior Part) Back to fundamentals With the approval of new facilities, Aphria (APHA) now has a total annualized capacity of 110,000 kilograms annually, which is huge compared to peers Canopy
Why Aphria Could Squeeze Out Short Sellers(Continued from Prior Part)Short sellers’ claims Aphria (APHA) received severe criticism from short sellers late last year over its acquisition in Latin America. Short sellers even rushed to call Aphria
Why Aphria Could Squeeze Out Short SellersAphria moves higherOn March 4, Aphria (APHA) was among the few cannabis stocks that ended in the green with an increase of almost 2.7% to 13.85 Canadian dollars. The stock was moving higher upon Aphria
LOS ANGELES, March 5, 2019 /CNW/ -- The Food and Drug Administration (FDA) is considering what it terms "potential regulatory pathways" for the interstate commerce of hemp and cannabis compounds in foods and beverages. This follows the renewal of the Farm Bill signed by President Donald Trump on Dec. 20, which legalized the commercial production of hemp. The legalization of hemp production is yet another product of the wave of change that has all manner of cannabis companies preparing for the massive increase in demand for the plants including leading providers like Aphria (TSX:APHA.TO - News) (NYSE:APHA - News), Canopy Growth Inc. (TSX:WEED.TO - News) (NYSE:CGC - News), and MedMen (CSE:MMEN) (OTC:MMNFF - News).
Has MedMen Stock Bottomed Out?(Continued from Prior Part)Analysts’ recommendations After MedMen Enterprises (MMEN) (MMNFF) posted its second-quarter earnings for fiscal 2019 on February 27, Canaccord Genuity lowered its 12-month price target to
CORAL GABLES, FL / ACCESSWIRE / March 5, 2019 / It's hard to believe how successful the marijuana stock market has become in such a short time. Given the infancy of the cannabis industry, typically markets don't have the level of excitement surrounding them like we continue to see with marijuana stocks. Premier Health Group (OTC:PHGRF) (CSE:PHGI), India Globalization Capital Inc (IGC), Aurora Cannabis Inc (ACB), and Aphria Inc (APHA) represent 4 cannabis companies worth looking into on Tuesday.
Will Marijuana Be a Key Issue in 2020 Elections?(Continued from Prior Part)Statistics Canada on supply In its recently reported data for cannabis supply and demand in the fourth quarter of 2018, Statistics Canada reported that illegal cannabis