|Bid||9.33 x 0|
|Ask||9.35 x 0|
|Day's Range||9.30 - 9.88|
|52 Week Range||4.93 - 26.79|
|Beta (5Y Monthly)||3.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.53|
State after state, America's largest cannabis companies are paying up for land grabs as more states legalize marijuana.
Aurora Cannabis has yet to find a major consumer packaged-goods investor or strategic partner, an analyst says in a downgrade of the stock.
There's little good news to report in the marijuana industry today, as shares of Charlotte's Web Holdings (OTC: CWBHF) plunged 9.2% as of 12:20 p.m. EDT, and shares of Canopy Growth (NASDAQ: CGC) and Aurora Cannabis (NYSE: ACB) follow them down 2.3% and 2.6%, respectively. Street analysts were also looking for a loss of $0.05 per diluted share for the quarter, but it turns out Charlotte's Web lost twice that: $0.10 per share. On the plus side, Charlotte's Web's cash burn rate declined significantly year over year, down 43% to just $9.4 million.