|Bid||10.13 x 0|
|Ask||10.14 x 0|
|Day's Range||9.85 - 10.32|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||2.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.27|
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies which have enjoyed the opportunity to list on U.S. exchanges.
Operating results for the largest pot stock in the world are due out next week -- here's what you need to know.
Cannabis investing emerged as a clear trend in the past year, with marijuana stocks accounting for a fifth of the 20 most-held stocks on the Robinhood app.
At first glance, cannabis and cryptocurrencies seem to have a lot in common. Both comprise highly speculative markets subject to exuberant highs and crushing lows. The legality and regulation of each has languished in the gray. And to many mainstream investors, both have failed to shake synonymy with the black market.
Marijuana stocks got clobbered last month, and their performances are a mixed bag so far in June.
While vital to the long-term success of the cannabis industry, don't overestimate the near-term impact of pushing into overseas markets.
Aphria stock was flying high Friday morning after the marijuana firm announced it was among four Canadian growers to partner with San Francisco-based PAX Labs for cannabis vaporizers.
San Francisco-based Pax Labs , which makes app-controlled vaporization technologies and devices for cannabis flowers and concentrates, announced Friday agreements with leading cannabis companies to leverage ...
TORONTO , June 7, 2019 /CNW/ - PAX Labs, Inc., a leading consumer technology brand in cannabis, is pleased to announce that Aphria Inc. ("Aphria") (APHA.TO)(APHA), Aurora Cannabis Inc. ("Aurora") (ACB.TO)(ACB), Organigram Holdings Inc. ("Organigram") (OGI.V)(OGI), and The Supreme Cannabis Company, Inc. ("Supreme Cannabis") (FIRE.TO) have signed on as PAX Era brand partners. PAX designs and develops premium vaporizers for cannabis flower and concentrates. As brand partners, the licensed producers (LPs) will offer high quality products from their various brands in pods compatible with the design-forward PAX Era device.
Aurora Cannabis: June Ratings Update(Continued from Prior Part)ValuationsAurora Cannabis (ACB) has traded at a premium valuation compared to its peers since the beginning of this year. Currently, the stock is trading at a forward EV-to-sales
Aurora Cannabis: June Ratings UpdateAurora CannabisOver the past two few months, Aurora Cannabis (ACB) stock has seen an increase in the number of analysts providing coverage on the stock. In June, one more analyst initiated coverage on the stock,
Canopy Growth stock is the pot industry's "best investable opportunity," Stifel analysts said, even as they remained cautious on other marijuana stocks.
Despite impressive growth numbers projected in the next several years, Carter said Aurora’s international medical-use growth opportunities are limited outside of Canada and Germany. “We are cautious on Aurora in the near-term given the company's reliance on the capital markets to execute upon its near-term business plans, the lack of a definitive strategy for entering the U.S. market, and we believe the slower development of the global medical opportunity will yield downside versus consensus estimates,” he wrote in a note.
Investing.com - Most Canadian cannabis stocks lost ground again Thursday, with one notable exception: Canopy Growth (TSX:WEED) (NYSE:CGC).