|Bid||70.18 x 1000|
|Ask||70.19 x 1300|
|Day's Range||70.03 - 75.55|
|52 Week Range||20.10 - 300.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||117.20|
U.S. equities rose, tracking a broad rally in European stocks, as the Federal Reserve’s Open Market Committee kicked off the first of two days of policy meetings.
Tilray Inc. saw its revenue climb more than 200 percent in its fourth quarter to $20.9 million, topping analysts expectations.
Cannabis Stocks’ Performance Is Mixed TodayThe cannabis sectorAs of noon today, the Horizons Marijuana Life Sciences ETF (HMMJ) had gained ~0.47%, while the ETFMG Alternative Harvest ETF (MJ) had gained 1.7%. Sector gainers included HEXO (HEXO),
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
Deutsche Bank DBK-DE — Deutsche Bank shares dipped 2 percent a day after rallying on news about a possible merger with Commerzbank. Yum Brands YUM — Shares of Yum Brands slipped 0.7 percent after an analyst at J.P. Morgan downgraded the stock to neutral from overweight, citing little upside to the companies' estimates after a recent run-up. Del Taco Restaurants TACO — Shares of the California fast food chain dropped more than 8 percent after the company reported fourth-quarter earnings that disappointed investors.
After (TLRY) reported $43 million in 2018 marijuana sales, CEO Brendan Kennedy told conference call listeners Monday night it has been hard to find good weed. Over the next 18 months, he went on, Canada’s recreational pot market will slip to an oversupply, as has become the case in U.S. states like Washington and Oregon, where burgeoning production caught up with demand in the second year after legalization—and prices fell. Marijuana Stocks Are on a Roll.
Nope, it's not the Canadian marijuana producer's soaring revenue nor its widening net loss. It's more critical than both of those numbers.
HENDERSON, NV / ACCESSWIRE / March 19, 2019 / Brightfield estimates the size of the market for hemp-derived CBD products to be about $591 million in 2018. It further estimates that the market will hit ...
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.
Following a year of acquisitions and new partnerships, the Canadian company met estimates for quarterly revenues but losses were bigger than projected.
Canadian cannabis producer Tilray reported fourth-quarter revenue of $15.5 million. Tilray stock rallied following the top-line beat. Shares of Tilray TLRY jumped after the company reported its cannabis sales more than doubled over the last year.
Tilray Reports Its Fourth-Quarter EarningsTilray earnings Tilray (TLRY) reported its quarterly earnings after the market closed. The company reported a total quarterly sales of $15.5, which increased nearly 203.8% year-over-year. The company sold a
Revenue Rises 110.0% to $43.1 Million in 2018Strategic Partnerships and Acquisitions Position Tilray to Accelerate Global Sales Growth and Drive Long-Term Shareholder Valu
NEW YORK, NY / ACCESSWIRE / March 18, 2019 / Tilray, Inc. Series 2 (NASDAQ: TLRY ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on March 18, 2019 at 5:00 PM ...
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
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how the craft beer industry and the CBD sector are joining forces to bring CBD infused beer to consumers. New Frontier Data estimates that overall domestic cannabis sales grew 6.7% in 2018, while alcohol sales grew at 5% year over year (source:bw166). Craft beer and cannabis seem to be moving forward hand-in-hand as more and more cannabis companies look for partnership agreements with public or private brewers to bring CBD-infused beers to market.
-The illicit cannabis industry is estimated at $50 billion yearly, much of which will move out of the shadows and become a legal market in the coming years. One research firm estimates the legal trade could be worth $21 billion by 2021. - Item 9 Labs (INLB) could be one of these as they finish a major expansion project on their Arizona cannabis cultivation and production facility, doubling capacity.
Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Unlike most countries, China’s local authorities are in charge of producing economic statistics.
A look ahead for the week of March 16 including the FOMC meeting, and earnings reports from Tilray, FedEx and Micron Technology.