|Bid||11.69 x 0|
|Ask||11.71 x 0|
|Day's Range||11.65 - 12.19|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||2.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.38|
Cannabis Stocks Fell despite Biden's Support of LegalizationA weak startThe overall cannabis sector was off to a weak start this week. The weakness was reflected in the Horizons Marijuana Life Sciences ETF (HMMJ), which sank by nearly 1.4%, and the
Cannabis Stocks Experienced Extended Weakness Last WeekCannabis stocks in the redThe week ending May 17 was broadly negative for the cannabis sector. Most of the companies in the sector ended in the negative territory. The Horizons Marijuana Life
As the presidential race continues to heat up, Democratic contender and former Vice President Joe Biden has come out in support of decriminalizing cannabis — but not of full legalization. “Nobody should be in jail for smoking marijuana,” he said. A myriad of cannabis-related bills were submitted in the House of Representatives, most of them aimed at protecting certain groups using medical marijuana, from military veterans to students.
Are marijuana stocks on U.S. exchanges a good buy now? The marijuana industry gets a lot of hype, but look past the smoke and analyze pot stocks on their fundamentals and technicals.
Aurora Cannabis Inc (NYSE: ACB) shares traded higher by 8 percent this week after the company reported a mixed first-quarter earnings report Tuesday evening. Throughout the week, Benzinga Pro subscribers received a number of options alerts related to Aurora Cannabis. On Wednesday morning around 10:30 a.m., a trader sold 2,000 Aurora call options at a $9 strike price that expire on Dec. 20.
CALGARY , May 17, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (HITI.CN) (HITIF) (2LY.F), an Alberta -based, retail-focused cannabis corporation enhanced by the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that Canna Cabana has been granted membership into the Canadian Franchise Association ("CFA"). High Tide is now in possession of a Certificate of Membership for both the Smoker's Corner retail smoking accessories business and the Canna Cabana retail cannabis business, which is unique in Canada .
Cannabis stocks were mixed Thursday. Among cannabis stocks tracked by TheStreet, four rose while six fell. Aurora Cannabis shares rose 20.5 cents, or 2.36%, to $8.89. Tera Tech shares fell 4.49 cents, or 5.
Aurora continues to expand its international footprint after establishing a first-mover advantage in most of the 24 countries in which it operates, Singer told "Fast Money" host Melissa Lee. Aurora is evaluating new partnerships with the help of strategic adviser Nelson Peltz, Singer said. Aurora offered the Street a 2019 outlook in January that forces the company to take a "very disciplined" approach to its business, Singer said.
Aurora Cannabis thinks it is on the path to profitability after selling nine metric tons of marijuana last quarter. But one analyst isn’t so sure.
Aurora Cannabis Inc (NYSE: ACB) shares bounced back Wednesday after a mixed fiscal third-quarter earnings report. Carey said Aurora’s third-quarter results were a bit soft compared to his expectations, but investors should expect the company’s numbers to be volatile on a quarter-by-quarter basis in the near term. The most important takeaway from the quarter is Aurora reiterated its fourth-quarter guidance for 25,000 kg of cannabis ready for sale, positive EBITDA and improving margins heading into fiscal 2020.
Aurora Cannabis: Analysts' Ratings and Target Price Changed(Continued from Prior Part)Is Aurora Cannabis attractive?Aurora Cannabis (ACB) is one of the top marijuana stocks for investors. The company posted its third-quarter earnings on May 14.
Aurora Cannabis: Analysts' Ratings and Target Price ChangedAurora CannabisAurora Cannabis (ACB) reported its third-quarter earnings on May 14. Since then, the stock has mainly moved sideways. Let’s look at how analysts’ ratings and target
(ACB)stock recovered from early morning losses and then some Wednesday afternoon, climbing 3.3% to $8.68 at the close. Aurora Cannabis (ticker: ACB) said in its fiscal third-quarter earnings report released after the markets closed on Tuesday that it sold 9 metric tons of marijuana last quarter. Despite concerns about slowdowns in Canada’s recreational pot market, Aurora Cannabis said net revenue grew 20% quarter over quarter, hitting 65 million Canadian dollars (US$48.5 million).