|Bid||28.56 x 0|
|Ask||28.54 x 0|
|Day's Range||28.20 - 29.20|
|52 Week Range||6.57 - 32.95|
|Beta (3Y Monthly)||4.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.07|
What to Expect from CannTrust's Q4 Earnings(Continued from Prior Part)Net incomeCannTrust (CTST) is expected to report a positive gross income and EBITDA in the fourth quarter. However, the company is expected to report a net loss of nearly 11
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.
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,
HEXO's Revenues Rose Over 1,000% in Second Quarter(Continued from Prior Part)Profitability In the earlier part of this series, we discussed how HEXO (HEXO) experienced solid growth in revenue in its second quarter. The company reported a gross income
Beto O'Rourke Supports US Marijuana LegalizationSupport for legalization This week, Beto O’Rourke announced his bid to run in the 2020 presidential race. While addressing an audience in Iowa, he called for the legalization of marijuana in the
Wall Street Ratings Changes for CGC, TLRY, and CTST in MarchIndustry full of opportunityThe cannabis industry continued to see action in March with companies announcing new acquisitions, forays into new markets, and hiring new talent. Tilray
Cannabis Stocks Trending Lower: CRON, CGC, ACB, APHACannabis sector trends lower Today, the cannabis sector was trending mostly lower with the Horizons Marijuana Life Sciences ETF (HMMJ) trending down 0.67% at 12:40 PM ET and the ETFMG Alternative
Jim Cramer Believes Aurora Cannabis Is UndervaluedJim Cramer on Aurora Cannabis Jim Cramer believes Aurora Cannabis (ACB) is undervalued in comparison with its cannabis industry peers (MJ). Cramer’s support for the company comes after Aurora
The statistics show that cannabis consumption has increased among the older generations since the previous survey in 2013 as almost a quarter of those over 65 were prescribed cannabis as a treatment from their doctors in 2016. While recreational cannabis laws are still regulated in most U.S. states and even internationally, medical cannabis regulations are much more lenient because of the plant's therapeutic effects. Now, consumers are using cannabis to treat medical conditions such as cancer, chronic pain, and arthritis.
Will Upward Momentum Continue for Altria and Philip Morris?Stock performance Last year was tough for tobacco and cigarette companies. The increased anti-tobacco regulations, the declining smoking population, and weakness in the broader equity market
Could Leon Cooperman Gain from Cannabis Legalization Moves?Leon Cooperman on Cannabis During an interview with CNBC in October, Leon Cooperman said that he has invested his personal money in a few young marijuana companies. These companies include
Tilray: What to Expect from Its Q4 Earnings Next Week(Continued from Prior Part) EPS Previously in this series, we saw that Tilray (TLRY) is estimated to grow its sales by nearly 26% sequentially. However, the growth doesn’t translate into
Aurora Cannabis Appoints a New Strategic AdviserNew strategic adviser Early on March 13, Aurora Cannabis (ACB) announced that it appointed Nelson Peltz, a billionaire businessman, as its new strategic adviser. The company said that Peltz will
PALM BEACH, Florida, March 13, 2019 /CNW/ -- The passage of the U.S. Farm bill, which restored industrial hemp to nationwide legal production for the first time since World War II, has been generating a financial windfall for North American cannabis companies. A recent post from industry watchers on the net said: "More broadly, the passage of the Farm Bill represents a sweeping change in the balance of power in global hemp markets. The United States has historically been an importer of hemp products from Canada, Europe, and China.
Innovative Industrial Properties Declared Q1 DividendInnovative Industrial PropertiesIn a press release on March 12, Innovative Industrial Properties’ (IIPR) board declared its first-quarter dividend. The company declared a dividend of $0.45 per
When Is Aurora Cannabis Expected to Hit One Billion in Sales?(Continued from Prior Part)Earnings projectionsAurora Cannabis (ACB) is expected to report improved EBITDA margins in 2020. The company’s EPS is expected to turn positive in 2020.
New York Governor Wants to Legalize MarijuanaLegalizing marijuanaAndrew Cuomo, the governor of New York, wants to legalize recreational marijuana. However, the legalization process has been delayed. Currently, New York is one of the states in the