|Bid||9.30 x 0|
|Ask||9.35 x 0|
|Day's Range||9.28 - 9.65|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.70|
Cannabis Sector Gained after CGC's and ACB's Earnings Last WeekCannabis sector was up last week In the week that ended on February 15, the cannabis sector ended in the positive territory, with the Horizons Marijuana Life Sciences ETF (HMMJ) gaining
Two of the biggest Canadian marijuana companies provided quarterly updates last week. Their results could be good news for other marijuana stocks, too.
This top marijuana stock reported sales grew at a breakneck pace last quarter, but that may only be the beginning.
On the policy front, the European Parliament passed a resolution recommending nations in the European Union revise their laws around medical marijuana to better support research and patient access. In domestic news, Members of the House Financial Services Subcommittee on Financial Institutions and Consumer Protection heard testimony Wednesday from several representatives in support of legislation that would make it easier for banks to work with legal cannabis businesses without fear of federal prosecution. “This week's hearing by Congress on cannabis banking shows that newly elected politicians are willing to make some progress with regards to legislation,” Debra Borchardt, CEO of Green Market Report, told Benzinga.
Canopy Growth reported third-quarter earnings that missed some estimates. But Canopy Growth stock rose Friday as did most marijuana stocks.
Analyzing Canopy Growth's Q3 Results(Continued from Prior Part)Canopy Growth’s losses widenIn the third quarter, Canopy Growth (WEED) (CGC) reported an operating loss of 157.2 million Canadian dollars, which widened from an operating loss of 26
Gauging Canadian Marijuana LP's off of current earnings results is a fool's errand. So much capital has been put into attempts to ramp up production, while the benefits of that production have yet to materialize.
Analyzing Canopy Growth's Q3 Results(Continued from Prior Part)Margins During the third quarter, Canopy Growth (WEED) (CGC) reported a gross margin of ~12.4 million Canadian dollars, which was lower compared to 16.5 million Canadian dollars in the
Analyzing Canopy Growth's Q3 ResultsCanopy Growth’s earningsAt ~8:43 PM EST on February 14, Canopy Growth (CGC) (WEED) reported its third-quarter financial results. The company reported gross revenues of 97.7 million Canadian dollars, which
The medical marijuana firm jumped 3% midday, despite its revenue of $62.35 million missing Investing.com estimates of $66 million.
Canadian marijuana producer's earnings delivered strong sales growth, grabbed a big share of the recreational pot market.
Business Update: Green Growth Brands Launches e-Commerce WebsiteGreen Growth Brands launches e-commerce website In a press release today, Green Growth Brands (GGBXF) announced the launch of its e-commerce website, ShopSeventhSense.com. The site
Cannabis Stocks Fall before Canopy Growth's EarningsCannabis stocks Before Canopy Growth’s (WEED) (CGC) earnings, most cannabis stocks fell. Canopy Growth fell nearly 1.6% at 11:45 PM EST on February 14. The cannabis sector ETF, the Horizons
Aurora Cannabis: Notes from Its Earnings CallEarnings call On February 11, Aurora Cannabis (ACB) reported its earnings. The company also held an earnings call. The Q&A session can provide more qualitative information about the
Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis Inc (NYSE: ACB, TSX: ACB), Cronos Group Inc (CRON), and New Age Beverages Corporation (NBEV) represent four cannabis worth keeping on your radar. Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company determined to meet the challenges of our ever-evolving healthcare system. The Company's subsidiary, HealthVue, currently boasts an ecosystem of over 100,000 active patients and plans to rapidly increase that number both domestically and internationally.