|Bid||61.44 x 0|
|Ask||61.52 x 0|
|Day's Range||60.50 - 62.00|
|52 Week Range||23.88 - 76.68|
|Beta (3Y Monthly)||3.95|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||70.52|
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
What to Expect from CannTrust's Q4 Earnings(Continued from Prior Part)ProfitabilityPreviously in this series, we saw that CannTrust (CTST) is expected to report sales growth of almost 197% year-over-year in the fourth quarter. Let’s look at how
After a 54% year-to-date return, Canopy Growth Corp (TSX:WEED)(NYSE:CGC) looks vulnerable. In fact, many cannabis stocks look vulnerable.
What to Expect from CannTrust's Q4 EarningsFourth-quarter earnings CannTrust (CTST) announced that it’s scheduled to report its fourth-quarter earnings on March 28 before the market opens. The company will have an earnings call on the same day.
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.
SMITHS FALLS, ON and LOS ANGELES, CA, March 19, 2019 /CNW/ - Canopy Growth Corporation ("Canopy") (TSX:WEED.TO - News) (NYSE:CGC - News) ("Canopy Growth" or the "Company"), a world-leading, diversified cannabis company and OG DNA Genetics ("DNA"), a globally recognized cannabis brand, are pleased to announce today they have signed an agreement to extend and expand upon their previously announced partnership through to 2024. With this newly signed agreement, Canopy Growth and DNA have extended their partnership beyond Canada and Jamaica and have committed to bringing DNA's world-renowned genetics to a soon-to-be disclosed European market. The partnership gave Canopy Growth access to a wealth of unique, genetically-diverse cannabis strains that it then incorporated into its Canadian product lines.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) made headlines for its strong earnings in Q3, but these three cannabis companies became profitable earlier
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
Cannabis: Latest Supply-Demand Data from CanadaCannabis demandOn March 12, Health Canada provided an update on the cannabis supply and demand statistics in Canada. There are some concerns for cannabis investors on the dried cannabis front. First,
Last Week Was a Good One for the Cannabis SectorCannabis sectorLast week, the overall cannabis sector had a good week with most stocks and ETFs in the industry ending in positive territory. The Horizons Marijuana Life Sciences ETF (HMMJ) gained
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%
Completed capital reorganization with the continued support of Canopy Growth Corp. (TSX:WEED.TO - News) (NYSE: CGC), Canopy Rivers Corp. (TSXV:RIV.V - News) and funds controlled by Jason Wild, Chairman of the Company, allowing the Company to pursue US expansion. In addition, the company will be opening its first East Coast Apothecarium location in Philipsburg, NJ in Q4 2019. The Company continued to drive sales for its adult-use brand, Haven St. Premium Cannabis, a top-10 selling brand in the five Canadian provincial jurisdictions where it is sold.
HEXO Corp. (TSX:HEXO) joins three other stocks for investors looking to cash in oh high returns from the cannabis and mining industries.
Canopy Rivers Inc. (“Canopy Rivers”) (RIV.V) and LeafLink, Inc. (“LeafLink”) are pleased to announce the establishment of LeafLink Services International ULC (“LeafLink International”), a new venture that exclusively licenses and leverages LeafLink’s dominant business-to-business (B2B) marketplace and supply chain technology platform for deployment throughout regulated international cannabis markets. LeafLink is a software-as-a-service (SaaS) marketplace that simplifies the supply chain through its e-commerce platform.
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.
Northern Michigan University offers a four-year degree dedicated to medicinal plant chemistry, tied to the rise in legalized marijuana.