|Bid||9.10 x 0|
|Ask||9.17 x 0|
|Day's Range||9.02 - 9.23|
|52 Week Range||4.76 - 22.00|
|Beta (3Y Monthly)||4.03|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shoppers Drug Mart is partnering with TruTrace Technologies Inc. to bolster its medical cannabis retail platform.
The sentiment towards the cannabis sector weakened further last week, as major industry players ended in the negative territory. HEXO (HEXO), which released disappointing earnings on June 12, was one of the key reasons for the extension of the weakness in the sector last week.
The slow takeoff of recreational marijuana sales in Canada was expected to gain speed when Canada planned to allow sales of vapes, edibles, beverages, and the popular CBD. Now that’s been delayed.
Aphria Inc. (TSX:APHA)(NYSE:APHA) is back in the thick of the action. The third-largest cannabis producer has good chances of snatching the leadership position from the industry giant.
Tilray Inc. (NASDAQ:TLRY) and Aphria Inc (TSX:APHA)(NYSE:APHA) are two marijuana stocks that you shouldn't buy unless you have a higher risk appetite.
After a solid few years, marijuana stocks like Aphria Inc (TSX:APHA)(NYSE:APHA) could collapse in the second half of 2019.
Marijuana stocks got clobbered last month, and their performances are a mixed bag so far in June.
Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) and two other Canadian pot stocks top the list of hot tickers to watch.
Hunting for a bargain? This group of beaten-down stocks, including Aphria (TSX:APHA)(NYSE:APHA), might provide the value you're looking for.
Aphria Inc. (TSX:APHA)(NYSE:APHA) has been plagued by various scandals over the past six months. Is a company still a top target in the marijuana sector?
While vital to the long-term success of the cannabis industry, don't overestimate the near-term impact of pushing into overseas markets.
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,230.96, up 3.16 points).Aphria Inc. (TSX:APHA). Health care. Up 42 cents, or 4.54 per cent, to $9.67 on 5.8 million shares.Encana Corp. (TSX:ECA). Energy. Down 14 cents, or 2.05 per cent, to $6.70 on 5.7 million shares.Crescent Point Energy Corp. (TSX:CPG). Energy. Up seven cents, or 1.68 per cent, to $4.23 on 5.7 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 0.49 per cent, to $2.07 on 5.5 million shares.Avalon Advanced Materials Inc. (TSX:AVL). Materials. Up 1.5 cents, or 15.79 per cent, to 11 cents on 5.1 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up six cents, or 0.60 per cent, to $10.13 on 4.9 million shares. Companies in the news:SNC-Lavalin Group Inc. (TSX:SNC). Down 11 cents to $23.98. SNC-Lavalin Group Inc. is pushing back its decision on whether to opt for a trial by jury or by judge alone in a corruption case that has tripped up the engineering giant and ensnared it in a political controversy for months. Defence lawyer Francois Fontaine told the Court of Quebec he needs more time. Last week a Quebec judge ruled there is enough evidence to send SNC-Lavalin to trial over charges of fraud and corruption, prompting a further tumble in the beleaguered firm's share price. The Canadian Press
Jefferies analyst Owen Bennett likes Aphria and the Green Organic Dutchman, but is less impressed by Cronos Group. Where the marijuana market is going, and how to play it.
Aphria stock was flying high Friday morning after the marijuana firm announced it was among four Canadian growers to partner with San Francisco-based PAX Labs for cannabis vaporizers.
Investing.com - Most Canadian cannabis stocks lost ground again Thursday, with one notable exception: Canopy Growth (TSX:WEED) (NYSE:CGC).
If you have confidence in the cannabis sector and serious about investing, buy The Supreme Cannabis Company Inc. (TSXV:FIRE), hold Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) and sell Aphria Inc. (TSX:APHA)(NYSE:APHA).