|Bid||21.70 x 800|
|Ask||21.88 x 900|
|Day's Range||21.25 - 22.49|
|52 Week Range||20.20 - 144.06|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.67|
The vaping crisis has brought on some twists and turns for the cannabis sector. New York courts are now weighing an e-cigarette ban.
VANCOUVER, Oct. 17, 2019 /CNW/ - Kiaro has entered into an investment and strategic collaboration agreement with High Park Holdings Ltd., a wholly-owned subsidiary of Tilray Inc. (NASDAQ:TLRY - News), a global leader in cannabis research, cultivation and distribution. High Park's investment in Kiaro will support the Vancouver-based retailer's accelerated expansion across Canada, and provide for ongoing collaboration between the two companies in the sale and distribution of High Park's portfolio of branded cannabis products.
As of Tuesday, Charlotte’s Web Holdings was trading at 18.15 Canadian dollars, which implies a fall of 37.0% since its second-quarter earnings on August 14.
High Park Holdings Ltd. (“High Park”), a subsidiary of Tilray, Inc. (TLRY), today unveiled the second phase of its adult-use product portfolio set to launch throughout Canada over the course of the next year as permitted by regulations. The expanded broad-based portfolio includes innovative cannabis products and formats, including CBD beverages, edibles, and vape products. High Park also announced a lineup of strategic partners which will help accelerate sales across Canada.
Cannabis legalization has taken a back seat in the US. Since the last Democratic debate, there hasn't been much discussion about federal legalization.
Aphria (APHA), a Canada-based global cannabis company, will report its results for the first quarter of fiscal 2020 today after the market opens.
TORONTO, Oct. 10, 2019 /CNW/ - Today, Fluent Beverage Company ("Fluent"), a joint venture between Anheuser-Busch InBev ("AB InBev"), the world's leading brewer, and Tilray, a global pioneer in cannabis, announced its plans to commercialize non-alcohol CBD-infused beverages in Canada, once regulations allow. AB InBev participates in the partnership through its subsidiary Labatt Breweries of Canada, one of the country's founding businesses and its leading brewer.
At 1:30 PM ET, the S&P; 500 Index and the Dow Jones Industrial Average were up 0.5% and 0.4%, respectively. However, the cannabis sector was down.
(Bloomberg) -- Pot stocks crumbled to their lowest level since 2017 after Hexo Corp. became the latest cannabis company to lower earnings expectations.The Horizons Marijuana Life Sciences Index ETF fell as much as 6.9% Thursday to the lowest since November 2017 and has now lost 55% since its recent high in March. The U.S.-traded ETFMG Alternative Harvest ETF slid to a record low. The whole sector came under pressure after Hexo said its fourth-quarter and full-year revenue will be come in well below analyst expectations and withdrew its guidance for fiscal 2020. Hexo shares plunged as much as 26% to the lowest since April 2018.Hexo will report earnings on Oct. 24 and appears set to join other Canadian pot producers including Canopy Growth Corp., Aurora Cannabis Inc. and Tilray Inc. in disappointing investors. The company blamed slower-than-expected store openings, a delay in government approval for new products like edibles and vapes, and “early signs of pricing pressure.”Tilray fell as much 12%, heading for a record low. Canopy slid 9.7%, Aurora lost 5.9% and Cronos Group Inc. fell 6.7%.To contact the reporter on this story: Kristine Owram in Toronto at firstname.lastname@example.orgTo contact the editors responsible for this story: Brad Olesen at email@example.com, Will DaleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
A look at the new U.S. blacklist on nearly 30 Chinese companies and how it might impact the upcoming trade talks. A dive into the dispute between the NBA and China, marijuana stocks, and why Roku is a Zacks Rank 1 (Strong Buy) - Free Lunch
CALGARY, Oct. 8, 2019 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (CSE:ISH.CN - News), a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, today announced an October 10, 2019 opening for its newest franchise retail cannabis store in Southeast Calgary's Penbrooke community and also that it has received cannabis retail store licences from Alberta Gaming, Liquor and Cannabis (the "AGLC") for a franchise location in Sexsmith, Alberta and from the British Columbia Liquor and Cannabis Regulation Branch (the "LCRB") for a franchise location in West Kelowna, British Columbia. Please visit www.spiritleaf.ca for more information including opening dates and operating hours.
Thirteen analysts are covering GW Pharmaceuticals in October. Nine covered the stock in October 2018. The consensus target price for the stock is $226.85.
Investing.com - Cannabis stocks were mostly on the back foot Monday after analysts on Wall Street cut their outlook on several producers on cash-flow worries and said sales would continue to come under pressure.
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Tilray, Inc.
Even the best investor on earth makes unsuccessful investments. But it would be foolish to simply accept every...
Campbell Soup did a hatchet job on fresh food seller Bolthouse Farms. Now the brand is back under new ownership.
"We wanted to be a great restaurant that...instead of having alcohol, replacing [it] with the social aspects of cannabis," Lowell Cafe's director said.