|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.57 - 6.81|
|52 Week Range||2.97 - 7.53|
|Beta (3Y Monthly)||2.85|
|PE Ratio (TTM)||54.71|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CTST, TLRY, CGC, and Other Cannabis Stocks on the Rise(Continued from Prior Part)HEXO and APHA gain Today, HEXO (HEXO) was moving higher with a daily gain of 1.3% around noon while Aphria (APHA) wasn’t far behind with a gain of about 1%. When we
HENDERSON, NV / ACCESSWIRE / April 18, 2019 / Cannabis stocks were a sea of red on Monday, weighed down by Aphria Inc. after it swung to a wide loss in the third quarter that outweighed a surge in revenue. ...
CGC, HEXO, CTST Moving Higher TodayCannabis sector gains Today, the Horizons Marijuana Life Sciences ETF (HMMJ) gained about 0.3% and the ETFMG Alternative Harvest ETF (MJ) gained about 0.3% in the first half of the trading session. However, the
PALM BEACH, Florida , April 17, 2019 /CNW/ -- The projections for the legal & CBD cannabis markets seem to get higher with every new arrival and big box and brick & mortar retailers of all sizes have taken ...
TLRY, CGC, ACB Snap Out of Their Losing Streaks(Continued from Prior Part)Aphria trading higher Aphria (APHA) lost about 14% in yesterday’s trading session after it reported its earnings. The company wrote off 50 million Canadian dollars relating
Why Did Cannabis Stocks Fall on April 15?(Continued from Prior Part)Cannabis stocks Cannabis stocks were deep in the red on April 15. The sector is known for high volatility. Stocks in the cannabis space are more volatile compared to broader
OrganiGram: Key Takeaways from Its Q2 Earnings(Continued from Prior Part)Analysts’ views OrganiGram (OGRMF) reported its second-quarter earnings on April 15. The company’s top line increased more than 690%. However, the company reported a
OrganiGram: Key Takeaways from Its Q2 EarningsOrganiGram’s second-quarter earningsOn April 15, OrganiGram (OGRMF) reported its second-quarter earnings with net revenues of 26.9 million Canadian dollars. The revenues grew ~693% from 3.4 million
Despite a second-quarter loss, production expansion remains on track, and OrganiGram stands ready to push into multiple alternative consumption options this fall.
PALM BEACH, Florida, April 15, 2019 /CNW/ -- A Green Flower cannabis industry article started off with this amazing statement: "The cannabis market is booming these days, now operating legally in a number of states and countries across the globe." Another industry publication, the Marijuana Business Daily, supported this proposition, based on more states in the U.S. and more countries in the world, legalizing the industry. The Green Flower article also mentioned: "(the) U.S. cannabis market to surpass $24 billion by 2025" and"Another study with projections for 2021 was conducted by the Brightfield Group.
Record net revenue of $26.9 million or more than double the net revenue of Q1-2019 Adjusted gross margin of $16.0 million or 60% 1 Adjusted EBITDA of $13.3 million or adjusted EBITDA margin of 49% 1 As ...
CGC, CRON, and GTBIF Reverse Their Falling Streaks on April 12Reversal The cannabis sector has been under pressure in April, with major cannabis stocks delivering negative returns so far in the month. However, on the morning of April 12, the
PALM BEACH, Florida , April 11, 2019 /CNW/ -- In recent industry reports , China led all countries with nearly $1.2 billion USD in hemp sales in 2018, followed by the United States ( $1.0 billion ), Europe ...
HENDERSON, NV / ACCESSWIRE / April 10, 2019 / Shares of CBD drinks company New Age Beverages Corp. soared more than 22% on Monday, after the company said it reached an agreement to sell some of their products ...
Do Cannabis Stocks Look Cheap at These Valuations?(Continued from Prior Part)Comparable multiples The recent downtrend in cannabis stocks (HMMJ) has impacted valuation multiples and could make the stocks look attractive for investors looking to enter
CTST, HEXO, and APHA: Cannabis Stocks Fall on April 9(Continued from Prior Part)Sector declinesOverall, the cannabis sector fell on April 9. The Horizon Marijuana Life Sciences ETF (HMMJ) lost almost 2.5% of its value by mid-day, while the ETFMG
Many pieces of research have linked cannabis to effectively treating certain medical conditions such as cancer, chronic pain, epilepsy, and multiple sclerosis. THC is the psychoactive derivative of the marijuana family, which falls under the cannabis plant. On the other hand, CBD falls under the hemp family, which is also derived from cannabis.
MONCTON, NB , April 8, 2019 /CNW/ - Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed ...
MONCTON, NB, April 7, 2019 /CNW/ – Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX:OGRMF - News), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed producer of cannabis is pleased to announce the recent appointment of strategy and operations consultant James Cavanagh as the Company's Chief of Staff. As Chief of Staff, Mr. Cavanagh will play a central role in supporting the Company's executive, helping direct the Company's overall strategy, resources and focus.
There's No End in Sight for Tilray's SlumpTilray continues to slump There seems to be no end in sight for Tilray’s (TLRY) slump. The stock continued bleeding on April 5, with a 2.8% decline in the first half of the day. The trend has continued for
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks concludes our two part series looking at the Canadian cannabis landscape and the numerous companies ensuring not only a brick and mortar footprint, but also creating a significant online e-commerce presence as well. With the many supply shortages the Canadian cannabis market has faced since legalization last year, having the store’s menus and the capability of reserving products online for pickup just might be the way for Canadian cannabis consumers to beat the low inventory situation. Grab, a new legal cannabis app based in Canada, is set to launch in the Alberta and Ontario markets this April.
CGC, CRON, and APHA Are in the Green on April 3Cannabis sector The overall cannabis sector entered green territory on April 3 after mixed movement in the first two days of this month. The Horizons Marijuana Life Sciences ETF (HMMJ) gained about 0.8%
PALM BEACH, Florida, April 3, 2019 /CNW/ -- Articles projecting potential revenues for cannabis seem to continue to rise and rise and rise… The optimism is almost tangible… but they do seem to be backed up by the progress this market has seen in the last year alone. While the projections differ, they all forecast robust sales figures just over the horizon. Here are some of those projections in ascending order. One of the first such reports in The Rolling Stone, which said: "For years, experts have predicted that if the cannabis industry expands at its current rate, the American market will reach $20 billion by 2020. Another article said: "… (the) U.S. cannabis market to surpass $24 billion by 2025" and"Another study with projections for 2021 was conducted by the Brightfield Group.