|Bid||45.99 x 800|
|Ask||45.99 x 4000|
|Day's Range||45.75 - 46.76|
|52 Week Range||18.93 - 59.25|
|Beta (3Y Monthly)||3.34|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
SMITHS FALLS, ON and LOS ANGELES, CA, March 19, 2019 /CNW/ - Canopy Growth Corporation ("Canopy") (TSX:WEED.TO - News) (NYSE:CGC - News) ("Canopy Growth" or the "Company"), a world-leading, diversified cannabis company and OG DNA Genetics ("DNA"), a globally recognized cannabis brand, are pleased to announce today they have signed an agreement to extend and expand upon their previously announced partnership through to 2024. With this newly signed agreement, Canopy Growth and DNA have extended their partnership beyond Canada and Jamaica and have committed to bringing DNA's world-renowned genetics to a soon-to-be disclosed European market. The partnership gave Canopy Growth access to a wealth of unique, genetically-diverse cannabis strains that it then incorporated into its Canadian product lines.
Canopy Rivers Inc. (“Canopy Rivers”) (RIV.V) and LeafLink, Inc. (“LeafLink”) are pleased to announce the establishment of LeafLink Services International ULC (“LeafLink International”), a new venture that exclusively licenses and leverages LeafLink’s dominant business-to-business (B2B) marketplace and supply chain technology platform for deployment throughout regulated international cannabis markets. LeafLink is a software-as-a-service (SaaS) marketplace that simplifies the supply chain through its e-commerce platform.
The company’s strategy chief, a Jersey resident, expects recreational sales to quickly eclipse medical sales once the state legalizes that venue. A balm for long-suffering Atlantic City?
POINT ROBERTS, Wash. and DELTA, British Columbia, March 14, 2019 -- We are advised by InvestorIdeas.com that journalists and other readers should disregard the news release,.
POINT ROBERTS, Wash. and DELTA, British Columbia, March 14, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot.
If the legislature approves a legalization bill, as is expected, the state would be the first to do so without a referendum by voters showing that they back the move.
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / Zenith Global, a leading global food and drink consulting firm, projects that the US market for cannabis, CBD and Hemp infused drinks will grow to over $1.4 ...
NEW YORK, NY / ACCESSWIRE / March 13, 2019 / Stock Market Press (SMP) focuses on the rapidly growing Pet CBD market. Companies covered in this spotlight include Aurora Cannabis Inc. (NYSE: ACB ), Canopy ...
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / With legalization efforts spreading around the globe the cannabis industry continues to grow at a higher rate than most major industries. According to data ...
Canopy Growth might be bigger when it comes to market cap. But a Cowen analyst thinks Aurora Cannabis is the better marijuana stock right now.
As consumer awareness around CBD continues to grow, cannabis companies are beginning to allocate an inordinate amount of investment capital into the development of CBD-infused beverages. In this report, we explore some of the largest and most active companies preparing to make their mark on the dawning CBD-infused beverage market. The Alkaline Water Company (WTER) (WTER.V), a leading producer of premium bottled alkaline drinking water sold under the brand name Alkaline88®, continues to gain momentum as it achieves record Q3 sales, boasting a 102% increase in revenue in comparison to last year.
With the recent opening of a luxury cannabis lifestyle and wellness shop in Beverly Hills from Barney's New York, an increase in demand for premium cannabis will be shining more attention towards growers of higher-end products, such as Supreme Cannabis Co. (TSX:FIRE.TO - News) (OTC:SPRWF - News), Tilray, Inc. (NASDAQ:TLRY - News), Aurora Cannabis (NYSE:ACB - News) (TSX:ACB.TO - News), Canopy Growth Corporation (TSX:WEED.TO - News) (NYSE:CGC - News), and Green Thumb Industries Inc. (CSE:GTII) (OTC:GTBIF - News). Set to open its doors later this month, the new high-end Beverly Hills store will operate under the aptly-named moniker, The High End. While dispensaries in other markets, such as north of the border in Canada, won't likely be selling grinders for $1,400, there appears to be a wider demand for premium strains over the more common and mass-produced versions.
According to analysts at Cowen, U.S. marijuana sales alone could reach $80 billion by 2030 - an increase of $5 billion from earlier estimates, and a 4% compound annual growth rate. Some of the top companies benefiting from the cannabis boom, include Blissco Cannabis Corp. (CSE: BLIS)(OTCQB: HSTRF), Canopy Growth Corporation (NYSE:CGC)(TO:WEED), and HEXO Corporation (NYSE:HEXO)(TO:HEXO).
Amazon prospered while most dot-com era companies flopped. Could one of these top marijuana stocks be a similar success story?