|Bid||58.88 x 0|
|Ask||58.88 x 0|
|Day's Range||57.11 - 59.48|
|52 Week Range||20.85 - 76.68|
|Beta (3Y Monthly)||3.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||64.47|
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)A valuation comparison In the previous article, we discussed the cannabis industry’s median EV-to-EBITDA (enterprise value-to-EBITDA) multiple. In this
Tilray Acquires Natura Natural Holdings to Expand Its CapacityAnother acquisition On January 22, Tilray (TLRY) entered into a definitive agreement to acquire Natura Natural Holdings to expand its production capacity. The acquisition will provide
While cannabis investments are not cheap, the recent market downturn has reduced the frothy valuations of stocks like Canopy Growth Corp. (TSX:WEED)(NYSE:CGC).
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)Forward EV-to-EBITDA In continuation of our discussion about the valuation multiples in the cannabis industry (MJ), let’s now delve into another
Mid-Day Cannabis Update: APHA, CGC, TLRY, and OthersHow are cannabis stocks doing? On January 22, the cannabis sector had a mixed start. Some major cannabis companies rose, while other companies fell around mid-day. The Horizons Marijuana Life
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and HEXO Corp. (TSX:HEXO) have bounced off the December lows. Is one more attractive right now?
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)Comparing with the median Let’s take a look at the first four of the nine stocks we’re taking into consideration in this series and consider the
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)EV-to-salesIn continuation of our efforts to find out which cannabis stocks look the cheapest in January, let’s take a look at the industry average
Cannabis Players' Valuations: Which Stocks Look Cheap in January?ValuationsAs we near the end of the first month of 2019, it’s time to look at the valuation multiples of cannabis stocks and determine which ones look cheap.In this series, we’ll
Charlotte’s Web Holdings Stock Has Already Risen ~18% in JanuaryStock performance On January 18, Charlotte’s Web Holdings (CWBHF) stock closed at $13.04, which represents ~1.88% growth from its prior-day close of $12.80. Charlotte’s Web
How Cannabis Stocks Fared Last WeekCannabis sector The ETF Horizons Marijuana Life Sciences (HMMJ) rose 22 basis points between January 11 and January 16. However, the Horizons Emerging Marijuana Growers Index (HMJR) slid 3.6% over the same period.
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.
Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to announce it has completed an equity investment in 10663522 Canada Inc., or “Herbert” (“Herbert”), a unique brand platform that focuses on the adult-use cannabis beverage and edibles market. Canopy Rivers subscribed for C$1,500,000 of preferred shares in Herbert, and received incremental warrants entitling the Company to increase its economic interest in Herbert under certain circumstances, as well as other governance-related rights. “Herbert represents an opportunity for Canopy Rivers to be invested at a very early stage in a company focused on the adult-use cannabis beverage and edible product segment,” said Narbe Alexandrian, President of Canopy Rivers.
Could Aphria Inc (TSX:APHA)(NYSE:APHA) win this latest contract dispute against Canopy Growth Corp (TSX:WEED)(NYSE:CGC)?
Should you pick up Canopy Growth Corp (TSX:WEED)(NYSE:CGC) or Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) today?
Since the early 1990s, Intel Corp. (INTC) has used the slogan “Intel Inside” to tell people to buy electronics powered by their semiconductors. The ads built strong brand recognition for a company whose product is hidden from view inside computers. The chip-maker’s marketing success clearly resonated with Adam Miron, the co-founder and chief brand officer at HEXO Corp. (HEXO.TO) He envisions the Gatineau, Que.-based cannabis producer infusing its products into household-name consumer goods from shampoos to snacks.
UK presence positions Spectrum to lead in a key emerging market. SMITHS FALLS, CANADA, OXFORD, UK, TORUŃ, POLAND, Jan. 21, 2019 /CNW/ - Canopy Growth Corporation (TSX:WEED.TO - News) (NYSE:CGC - News) ("Canopy Growth" or the "Company") is pleased to update key European progress in the UK and Poland where its medically-focused business Spectrum Cannabis continues to build a sophisticated, pan-European cannabis production and distribution network serving the needs of physicians and their patients throughout the continent.
In separate addresses, the governors of New York and New Jersey each said they’ll make legalization of recreational cannabis a priority for 2019, potentially opening up a new market with a combined population of close to 30 million. Perhaps more importantly for the future of the industry, U.S. Attorney General nominee William Barr said he’ll respect state marijuana laws even though he personally disapproves of legalization. It’s a far cry from his predecessor Jeff Sessions, who once told a Senate hearing that “good people don’t smoke marijuana” then rescinded an Obama-era policy that took a hands-off approach to the drug.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) will soon release its first quarterly report that includes revenue from three full months of legalization. Here's what to look for.
Two deals for two big Canadian marijuana producers were announced on the same day, and they hint as to why one of these marijuana stocks is the clear winner.
The TSX is off to its best start in nearly 40 years but these 3 stocks continue to generate alpha, including Enbridge Inc (TSX:ENB)(NYSE:ENB) as well as an international cannabis producer that may surprise you.
Canopy Growth Corp (TSX:WEED)(NYSE:CGC) stock is one top marijuana stock that could continue its upward trend despite a 2018 setback.