|Bid||9.19 x 0|
|Ask||9.20 x 0|
|Day's Range||9.04 - 9.23|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||2.28|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.09|
On Monday, OrganiGram (OGI) reported its third-quarter earnings. Following the company's earnings, we reported how it performed in the third quarter. To learn more, read OrganiGram’s Third-Quarter Earnings. Interestingly, OrganiGram stressed that the growth would be heavily driven by retail stores opening in Ontario and Quebec. The company stated that legalizing edibles and derivative products […]
Organigram earnings missed Q3 views. Aurora Cannabis got two new cultivation licenses. Organigram, Aurora and other marijuana stocks rose.
Aurora Cannabis Inc. (NYSE: ACB) said Monday it has obtained Health Canada licenses for outdoor cannabis cultivation in Canada, and also a processing license for its Aurora Air facility, where the company’s new edible products will be manufactured. The company will use two new sites for cannabis cultivation research, one being located in British Columbia and the other in Quebec. Benzinga's Cannabis Capital Conference heads to Detroit on Aug. 15 -- Click here to learn more!
EDMONTON , July 15, 2019 /CNW/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (ACB) (ACB), the Canadian company defining the future of cannabis worldwide, today announced that it has received Health Canada licenses for outdoor cultivation at two Canadian sites.
Canadian cannabis companies have leapt onto U.S. stock markets, dazzling investors. Here's a rundown of industry facts and how to invest in marijuana stocks.
Chief Financial Officer Mike Lee told Jefferies analyst Ryan Tomkins that earnings before interest, taxes, depreciation and amortization could be negative for the next 2 fiscal years.
From acquisitions to equity investments, the North American hemp industry has been awash in capital investment since the Farm Bill 2018 was federally passed in the United States last December. The Hemp Business Journal has been closely monitoring such activity, and will soon publish more comprehensive data pertaining to the latest deals. Arguably the biggest deal in the hemp industry so far this year has been the acquisition of Manitoba Harvest by Tilray (NASDAQ: TLRY).
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.
Aurora's focus on medical marijuana patients and international expansion could put these three companies on its buyout radar.
For the United States, recreational cannabis and medicinal cannabis have penetrated just 8% and 21% of their estimated markets, leading to our expectation for 25% and 15% compound annual growth rates through 2030, respectively. For Canada, despite recent recreational legalization, cannabis has penetrated just 12% of our estimated market, setting the stage for a 20% CAGR through 2030. For the international market (which excludes Canada and the United States), we forecast market potential of nearly $43 billion and a 23% CAGR through 2030 as more and more countries recognize the benefits of medical cannabis.
An emerging data company has a unique solution to identify, manage and distribute cannabis products, but the potential of its technology could stretch beyond the booming marijuana markets
Add another marijuana stock to the exchange's lineup, and join the growing crowd ordering burritos at the popular Mexican fast-casual restaurant chain.
OTCQX: RDDTF), a global innovator in the industrial scale extraction and downstream processing of premium grade cannabis and hemp derivatives, has released its financial results for the fiscal year ended March 31, 2019. The audited Financial Statements and Management’s Discussion and Analysis (the “MD&A”) for the fiscal year ended March 31, 2019 are available at SEDAR.com, under the Company’s profile. As at March 31, 2019, the Company’s cash balance totalled CAD $31,752,852, representing an increase of $9,897,548 from March 31, 2018.
Aurora might be late to the battle in the U.S., but the company just might eventually claim the throne in the global hemp CBD market.
The cannabis industry has seen a boom over the last two years because of Canada's legalization of recreational use. We make sense of this growing sector.
In this article we are going to estimate the intrinsic value of Aurora Cannabis Inc. (TSE:ACB) by estimating the...
The cannabis industry is booming. Compelling growth opportunities are leading to an incredible amount of investor interest. Read around the web and you will see that 8 out of 10 times, Canopy Growth Corporation is in the top two, and for good reason.