|Bid||10.77 x 0|
|Ask||10.78 x 0|
|Day's Range||10.46 - 10.95|
|52 Week Range||5.86 - 15.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||57.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.55|
NEW YORK, Feb. 14, 2019 The cannabis industry is an attractive investment opportunity for entrepreneurs, however, entering into the market poses a challenge for many. In order to mitigate their losses, many began to establish operations in Latin America, specifically in countries such as Argentina, Brazil, Chile, Colombia, and Peru. According to data compiled by BDS Analytics in partnership with Arcview Research, the South American legal cannabis spending is expected to grow from USD 125 Million in 2018 to USD 776 Million by 2026.
VAUGHAN, ON, Feb. 13, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST) is pleased to announce that it has appointed Greg Guyatt, CPA CA as Chief Financial Officer ("CFO") effective February 19, 2019, further strengthening the Company's leadership team. Greg comes to CannTrust from GreenSpace Brands Inc. (TSXV:JTR.V - News), a Canadian-based premium natural food product company, where he served as CFO. Greg began his career with Deloitte.
New investors might not be too late to profit from Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and two other Canadian cannabis stocks.
CannTrust Holdings (TSX:TRST) and two big names in Canadian investing head up the best growth stocks on the TSX index.
CORAL GABLES, FL / ACCESSWIRE / January 29, 2019 / With the cannabis boom just getting underway, analysts at Piper Jaffray believe we could be looking at a market value of between $250 billion to $500 billion a year. ''We believe the long-term growth can be significant - both from transitioning illicit trade to legal sales, medical sales, and from transitioning sales in health [and] wellness categories to CBD-infused products,'' said the analysts, as quoted by MarketWatch. Some of those companies include Pure Global Cannabis Inc. (TSX.V: PURE) (OTC PINK: PRCNF), CannTrust Holdings Inc. (TSX: TRST) (OTC: CNTTF), and Canopy Growth Corporation (NYSE: CGC) (TSX: WEED).
Stocks like CannTrust Holdings Inc (TSX:TRST) have considerable growth ahead of them, but are they good buys?
HOUSTON, TX / ACCESSWIRE / January 23, 2019 / The global cannabis market is still in the early innings of a multi-year boom. Thanks in large part to growing acceptance of cannabis - including Canada's legalization in October 2018, further U.S. state approval, and growing interest from corporate America the global market is expected to reach $146.4 billion by 2025, according to Grand View Research Inc. from $7.06 billion in 2016. In addition, the growing adoption of cannabis in medical applications such as cancer, mental disorders, and chronic pain is expected to propel revenue growth even more.
The US pet industry expenditures are estimated at USD 72.13 billion for 2018 according to the American Pet Products Association and the global pet care market is expected to reach USD 202.6 billion by 2025. Seeing the way of the future, in August 2018 Canopy Animal Health, a division of Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC) that focuses on healthcare products for companion animals, received approval from the Veterinary Drug Directorate to research the possible therapeutic effects of cannabidiol on anxiety.
VAUGHAN, ON, Jan. 22, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST), one of Canada's leading, most trusted licensed producers of cannabis and the 2018 Canadian Cannabis Awards "Top Licensed Producer of the Year", is pleased to announce it has obtained the necessary permitting from the Town of Pelham to proceed with its Phase III expansion with the construction process set to commence immediately. The revised Phase III expansion is permitted for a footprint of up to 390,000 square feet, compared to the 600,000 square feet in the Company's initial application.
Marijuana stocks like Canopy Growth Corp (TSX:WEED)(NYSE:CGC) disappointed in late 2018. Here's what could be in store this year.
TORONTO , Jan. 18, 2019 /CNW/ - Cannabis Growth Opportunity Corporation (" CGOC ", or the " Company ") ( CSE: CGOC ), a cannabis focused investment corporation with both public and ...
Aleafia Health Inc. (TSXV: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia” or the “Company”) has sold two cannabis crops to CannTrust Holdings Inc. (TRST.TO)(“CannTrust”), together (the “Parties”), representing the first transactions under the Parties’ previously announced 15,000 kg cannabis supply agreement for 2019. The two crops purchased by CannTrust were harvested at Aleafia’s indoor Port Perry cultivation facility. “CannTrust continues to grow its medical patient base and is experiencing high demand for its recreational brands,” said CannTrust CEO Peter Aceto.
Canada-based licensed cannabis producer CannTrust Holdings (PNK:CNTTF) has applied to list its common shares on the New York Stock Exchange (NYSE). CannTrust is a federally-regulated licensed producer of medical and recreational cannabis in Canada. The company operates its 450,000-sq.-ft. Niagara perpetual harvest facility and serves over 57,000 medical patients with its dried, extract and capsule […] The post Canadian Cannabis Producer CannTrust Applies For NYSE Listing appeared first on Market Exclusive.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the trend of cannabis companies uplisting in U.S. markets. As regulations change, such as the rescheduling of CBD and Hemp in the US, it is likely we will see and more and more smaller cannabis companies work towards uplisting to the OTCQB, NYSE and NASDAQ markets, making them more transparent to investors as well as reaping the benefits of opening themselves up to a larger investor base and gaining access to more capital.
Cannabis News Canadian cannabis firm Aphria (NYSE: APHA) has acquired CC Pharma GmbH, a distributor of pharmaceutical products including medical cannabis to more than 13,000 pharmacies in Germany as well as throughout Europe. "As one of the most promising medical cannabis markets in the world, Germany is a top strategic priority for Aphria," the Ontario-based company […] The post Cannabis Stock News Daily Roundup January 9 appeared first on Market Exclusive.
There was a time when many thought that Canopy Growth Corp (TSX:WEED)(NYSE:CGC) could hit $100 in 2018. Will it finally get there this year?
VAUGHAN, ON, Jan. 8, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST), one of Canada's leading, most trusted licensed producers of cannabis and the 2018 Canadian Cannabis Awards "Top Licensed Producer of the Year", announces that it has applied to list its common shares on the New York Stock Exchange (the "NYSE"). In connection with the intended listing on the NYSE, the Company has filed a registration statement on Form 40-F (the "Registration Statement") with the United States Securities and Exchange Commission (the "SEC").
Aleafia Health Inc. (TSXV: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia” or the “Company”) has completed Phase I construction and retrofitting of its Niagara Greenhouse facility (“Niagara”) located in Grimsby, Ontario. The Company expects to complete Phase II of the construction and retrofitting on the balance of the facility in late Q1 or early Q2 2019. The Company has also submitted the facility’s Evidence Package to Health Canada, marking the final stage in the Cultivation Licence application process.
Trading well below highs, it's time to take another look at the cannabis industry. CannTrust Holdings Inc (TSX:TRST) stock should be at the top of your list.
With consistent profits and ambitious expansion plans, CannTrust Holdings Inc (TSX:TRST) may be the #1 marijuana stock to watch in 2019.
A cannabis data firm could be an early opportunity for investors to gain exposure to surging ad spending by Canadian licensed producers, according to analysts.
TORONTO , Dec. 19, 2018 /CNW/ - Cannabis Growth Opportunity Corporation (" CGOC ", or the " Company ") ( CSE: CGOC ), a cannabis focused investment corporation with both public and ...