|Bid||5.39 x 0|
|Ask||5.40 x 0|
|Day's Range||5.34 - 5.68|
|52 Week Range||4.11 - 11.29|
|Beta (3Y Monthly)||5.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.36|
With cannabis edibles about to become legal this December, three companies that could be set to outperform, including Hexo Corp (TSX:HEXO)(NYSE:HEXO), which is currently just off its 52-week lows.
The award recognizes professional cannabis growers whose dedication to their craft consistently produces top quality crops for the marketplace. The nominees are growers that set the bar for others to match.
With Biden strongly opposing full-scale legalization, President Trump could turn around things. President Trump might support medical marijuana legalization.
Hexo Corp. (TSX:HEXO)(NYSE:HEXO), Canopy Growth Corp. (TSX:WEED)(NYSE:CGC), and Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) are riding on the marijuana hype but hasn’t delivered the expected gains to investors.
Ballard Power Systems Inc (TSX:BLDP)(NASDAQ:BLDP) and these two other stocks could be great buys next year as they could see some significant growth coming their way.
Neptune Wellness Solutions Inc. (TSX:NEPT)(NASDAQ:NEPT), HEXO Corp. (TSX:HEXO)(NYSE:HEXO), and Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) are the weed stocks for long-term cannabis investors.
How far off is HEXO Corp. (TSE:HEXO) from its intrinsic value? Using the most recent financial data, we'll take a look...
CALGARY, Aug. 28, 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 that the Company's subsidiary, Spirit Leaf Inc., has entered into Exclusivity Agreements with two individuals that have been selected to apply for licences to operate cannabis retail stores as a result of the Alcohol and Gaming Commission of Ontario's (the "AGCO") lottery conducted on August 20, 2019. "These lottery winners were seeking a strong partner to work with so we are very pleased Spiritleaf has been selected to help them establish and operate their stores.
CALGARY, Aug. 27, 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 it has filed its interim Financial Statements and corresponding Management's Discussion and Analysis for the quarter ended June 30, 2019. The filings are available for review on the Company's SEDAR profile at www.sedar.com as well as on the Company's website at www.innerspiritholdings.com. "The lifting of the moratorium on cannabis retail store licences by Alberta Gaming, Liquor and Cannabis (the "AGLC") during the second quarter was precisely the springboard needed for Spiritleaf to advance its business strategy.
On August 24, a Forbes article discussed Andrew Yang’s 2020 election campaign rolling out limited edition marijuana-themed merchandise.
Marijuana legalization is a major issue in the cannabis industry. Marijuana is still a Schedule 1 drug under the Controlled Substances Act in the US.
Hexo Corp (TSX:HEXO)(NYSE:HEXO) is one marijuana stock that could get a big boost when the edibles market comes into full swing later this year.