|Bid||23.44 x 0|
|Ask||23.44 x 0|
|Day's Range||22.79 - 23.47|
|52 Week Range||13.43 - 27.00|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||N/A|
|Expense Ratio (net)||0.94%|
Curaleaf Signs Definitive Agreement to Acquire Acres CannabisThe announcementToday, Curaleaf Holdings (CURA)(CURLF) announced that it had signed a definitive agreement to acquire Acres Cannabis for $70 million in a cash and stock transaction.
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
Why Acreage Holdings Stock Rose Last WeekSector performanceWith the stronger broader equity market, cannabis stocks rose last week. The S&P 500 Index rose 2.9% on March 8–15. During the same period, the stock price of the Horizons Marijuana
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%
Giving one of the world's largest licensed producers new capital markets visibility TORONTO , March 18, 2019 /CNW/ - BlackShire Capital is pleased to recognize the progress being made by its investee company ...
Cannabis Roundup: CTST, ACB, KSHB, and HEXO Are RisingCannabis sector gains The cannabis sector is trending positively as the week draws to a close, with sector ETFs inching higher. The Horizons Marijuana Life Sciences ETF (HMMJ) had gained ~0.76%
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.
How Charlotte’s Web Holdings’ Price Rise Compares to PeersCharlotte’s Web HoldingsThe cannabis sector (HMMJ) (CTST) has seen a lot of investor interest. Charlotte’s Web Holdings (CWBHF) has risen 41% YTD as of March 14. Over the same period,
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
Planet 13 Inks Deal with Mike Tyson’s Cannabis VentureThe announcementToday, Planet 13 Holdings (PNTH) (PLNHF) announced that it had inked a purchase agreement with Tyson Ranch, which is owned by boxer Mike Tyson. Planet 13 is set to be the
GMP Securities Upgrades Aurora Cannabis to a 'Buy'Aurora Cannabis upgradedGMP Securities, which previously had a “hold” rating on Aurora Cannabis (ACB), upgraded the company to a “buy” on March 13. The company also gave ACB a price target of
HEXO Rose Due to Deal with Newstrike BrandsHEXO roseEarly on March 13, HEXO (HEXO) rose after it announced that it will acquire Newstrike Brands. The deal will add ~470,000 square feet to the company’s capacity. HEXO said that the acquisition
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
Tilray: What to Expect from Its Q4 Earnings Next WeekTilray to report earnings Tilray (TLRY) is scheduled to report its fourth-quarter earnings on March 18 after the market closes. So far, the company has had a weak performance this year compared to
Analyzing Acreage Holdings' Q4 EarningsFourth-quarter performance Acreage Holdings (ACRG-U) (ACRGF) posted its fourth-quarter earnings after the market closed on March 12. For the quarter ending on December 31, the company posted revenues of $10.5
New Jersey To Become 11th State To Legalize Recreational Marijuana? Israel, Too Lots of movement on the cannabis legalization front today, both in the United States and abroad. In New Jersey, Governor Phil Murphy has reached an agreement with Democratic legislators to legalize recreational marijuana in the state. Murphy is a Democrat and friend of […]The post Market Morning: Cannabis Legalization Progress, Brexit Burn, MMT Mocked, Boeing Grounded appeared first on Market Exclusive.
TLRY Is Too Rich for Jefferies—What about Other Cannabis Players?(Continued from Prior Part)Cannabis sector multiplesNow, let’s look at another valuation multiple for the same 12 cannabis players: the forward EV-to-EBITDA (enterprise
When Is Aurora Cannabis Expected to Hit One Billion in Sales?Aurora CannabisAurora Cannabis (ACB) became one of Cowen’s top picks. Cowen initiated coverage on Aurora Cannabis (ACB) with an “outperform” rating. Cowen joins an increasing number
TLRY Is Too Rich for Jefferies—What about Other Cannabis Players?(Continued from Prior Part)Valuation multiplesNow, let’s look at the valuation multiples of cannabis sector players of (HMMJ) to gauge the general level of the industry’s
TLRY Is Too Rich for Jefferies—What about Other Cannabis Players?TLRY is too rich for JefferiesOn March 8, investment company Jefferies initiated coverage on yet another Canadian cannabis company, Tilray (TLRY). The company gave Tilray an
ACB, APHA, HEXO, and CGC: Positive Start This WeekPositive startOverall, the cannabis sector was off to a positive start on March 11. The Horizons Marijuana Life Sciences (HMMJ) rose nearly 1.3% as of 11:33 AM EST. The ETFMG Alternative Harvest ETF
Trulieve Cannabis Opens Its 24th Dispensary in FloridaNew dispensary opens todayToday, Trulieve Cannabis (TRUL) (TCNNF) is opening a new dispensary in Clearwater, Florida. Apart from this dispensary, the company operates 23 others in the state. As
Curaleaf and Acreage Holdings Stock Fell Last WeekSector performanceFollowing weakness in the broader equity market due to uncertainty about the outcome of the trade negotiations between the US and China and concerns about global economic growth,
Investing Lessons from Warren Buffett: Key Insights(Continued from Prior Part)Cannabis companies So far in this series, we have discussed Berkshire Hathaway (BRK-B) chairman Warren Buffett’s views on macro aspects like the Fed and US-China trade