|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.01 - 22.76|
|52 Week Range||11.99 - 30.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.00|
What Drove Curaleaf’s Stock Price Last Week?(Continued from Prior Part)Stock performances Despite the weakness in the broader equity market last week, with the S&P 500 Index falling 0.8%, most cannabis stocks delivered positive returns. From
Last week, the bill that will allow the good people of New Jersey to legally buy and consume adult-use cannabis, cleared the Assembly Appropriations Committee. Investors who have been following legalization developments in New Jersey are likely encouraged by this recent move.
Curaleaf Stock Rose More than 30% on March 21(Continued from Prior Part)Fourth-quarter revenues Before we discuss analysts’ 2019 estimates, we’ll look at Curaleaf Holdings’ (CURA) (CURLF) fourth-quarter performance. The company posted its
Curaleaf Stock Rose More than 30% on March 21Curaleaf’s earningsCuraleaf Holdings (CURA) (CURLF) posted its fourth-quarter earnings after the market closed on March 20. Bloomberg reported that during the fourth-quarter earnings call, Curaleaf’s
Following Canada's country-wide legalization back in October 2018, the cannabis industry has used the momentum gained from Canada's legislation to demonstrate, on a global scale, the economic benefits of investing in cannabis companies. Leafbuyer Technologies Inc (OTC:LBUY), Acreage Holdings Inc (ACRGF), Canopy Rivers Inc (OTC PINK: CNPOF) (RIV.V), The Yield Growth Corp (OTCQB:BOSQF) represent 4 marijuana stocks leading the industry on Wednesday. In recognition of this growing trend to do one's homework, Leafbuyer has become the authority on cannabis-related information.
Boehner's stance against legalization of cannabis throughout his three-decade career in politics has shifted since leaving Washington. Medical cannabis is legal in 33 states and legal for recreational use in 10 states. As such, Boehener said federal laws are "out of step" with the majority of individual states who moved towards legalization.
According to a recent Forbes article, North America is expected to become the single largest legal cannabis market in the world, growing to approximately $47.3 billion by 2027. To serve this billion dollar market, a number of North American marijuana companies are building out innovative, premium cannabis retail brands across the continent. In this report, we examine some of the fastest growing North American cannabis retailers preparing to dominate the Canadian and U.S. legal marijuana markets. Westleaf Inc. (WL.V) (WSLFF), a vertically integrated Canadian cannabis company focused on innovative retail experiences and engaging cannabis brands as well as cultivation, production and extraction of cannabis products, is quickly becoming one of Canada’s largest premium cannabis retailers.
Why Acreage Holdings Stock Rose Last WeekSector performanceWith the stronger broader equity market, cannabis stocks rose last week. The S&P 500 Index rose 2.9% on March 8–15. During the same period, the stock price of the Horizons Marijuana
HENDERSON, NV / ACCESSWIRE / March 15, 2019 / The biggest marijuana stocks get the most attention. But the global marijuana market is worth $150 billion annually and that suggests there's plenty of room ...
Planet 13 Inks Deal with Mike Tyson’s Cannabis VentureThe announcementToday, Planet 13 Holdings (PNTH) (PLNHF) announced that it had inked a purchase agreement with Tyson Ranch, which is owned by boxer Mike Tyson. Planet 13 is set to be the
OTCQX and OTCQB Companies Featured at 2019 ROTH Conference NEW YORK , March 13, 2019 /PRNewswire/ -- OTC Markets Group Inc . (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, ...
Acreage Holdings Inc (OTC: ACRGF), the largest vertically integrated, multistate owner of cannabis licenses and assets in the U.S., said Wednesday it would enter the California dispensary market through the acquisition of Kanna. For the quarter ended Dec. 31, Acreage Holdings posted revenue of $10.5 million, up by 380 percent on the year.
Analyzing Acreage Holdings' Q4 EarningsFourth-quarter performance Acreage Holdings (ACRG-U) (ACRGF) posted its fourth-quarter earnings after the market closed on March 12. For the quarter ending on December 31, the company posted revenues of $10.5
NEW YORK, March 13, 2019 /PRNewswire/ -- Acreage Holdings, Inc. ("Acreage") (ACRG-U.CN) (ACRGF) (FSE:0ZV) announced on March 12, it entered into an agreement to acquire 100% of California-based Kanna, Inc. ("Kanna"), which holds a license to operate a cannabis dispensary in Oakland, CA. Located at 2019 MacArthur Blvd., in Oakland, the dispensary is scheduled to open in the second quarter of 2019, under Acreage's dispensary brand The Botanist. Oakland is a limited competition market allowing just 16 adult use dispensaries to serve a population of more than 400,000. Acreage will be fully integrated in a state that is estimated to generate $6.3 billion in legal cannabis sales by 2022, according to Arcview Market Research.
Acreage Holdings Inc. reported widening fourth quarter net losses of $217.6 million, or $2.63 a share, compared with losses of $4.8 million in the year-earlier quarter; the company did not issue a year-earlier per-share figure. The company said revenue grew to $10.5 million from $2.2 million in the year-ago period. The company does not have enough analyst coverage for FactSet to provide accurate consensus estimates. Acreage did not release financial tables with its earnings or a full management discussion and analysis. Acreage stock has fallen 1.7% in the past three months, as the ETFMG Alternative Harvest ETF , which tracks a basket of pot stocks, has gained 29%. Acreage stock does not trade after hours.
NEW YORK , March 12, 2019 /PRNewswire/ -- Acreage Holdings, Inc. ("Acreage") (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) reported the financial results for the fiscal fourth quarter and year ended ...
Curaleaf and Acreage Holdings Stock Fell Last WeekSector performanceFollowing weakness in the broader equity market due to uncertainty about the outcome of the trade negotiations between the US and China and concerns about global economic growth,
My road to becoming a financial journalist was not a straight line. After numerous years in the securities industry and having worked in just about every aspect of Wall Street I had become burned out. The one job in the many I had done on Wall Street that I loved the most was as a liaison between the firm's research department and the customers.
TGOD’s Hamilton Facility Receives Organic CertificationThe announcementToday, The Green Organic Dutchman Holdings (TGOD)(TGODF) announced that its cultivation facility in Hamilton received organic certification from Pro-cert Organic Systems, a
Has MedMen Stock Bottomed Out?(Continued from Prior Part)Valuation multipleWe are using forward EV-to-sales for our analysis, as the cannabis sector is still in the nascent stage. During this stage, expenses will be on the higher side, and we
Has MedMen Stock Bottomed Out?Stock performanceAfter posting strong returns of 19.5% in January 2019, MedMen Enterprises (MMEN) (MMNFF) stock fell 13.7% in February. As of March 4, the company was trading at 3.94 Canadian dollars, which is 215.2%
NEW YORK, March 4, 2019 /PRNewswire/ -- Acreage Holdings, Inc. ("Acreage") (CSE:ACRG.U) (ACRGF) (0VZ.F) today announced that management will present at the SXSW and Roth Investor Conferences in March. Acreage Chairman and CEO Kevin Murphy will join former Speaker of the U.S. House of Representatives and Acreage Board member John Boehner in a featured keynote session during SXSW 2019, the annual film, culture, music and technology festival in Austin, Texas. Headquartered in New York City, Acreage is the largest vertically integrated, multi-state owner of cannabis licenses and assets in the U.S. with respect to the number of states with cannabis related licenses, according to publicly available information. Acreage owns licenses or has management services agreements in place in 19 states (including pending acquisitions) with a population of more than 172 million Americans, and an estimated 2022 total addressable market of approximately $14 billion in legal cannabis sales, according to Arcview Market Research. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. Acreage's national retail store brand, The Botanist, debuted in 2018.
Why Planet 13 Holdings Stock Rose over 9% on February 28Planet 13’s announcementOn February 28, Planet 13 Holdings (PLTH) (PLNHF) announced that the company has started construction on the coffee shop and bistro/pizzeria at its SuperStore in
is slowly and methodically building an All-American cannabis company. Most of the focus in the cannabis market has been on the Canadians, so American cannabis companies have had to fight for attention. Since Canada adopted full legalization ahead of the U.S., Canadian cannabis companies have essentially gotten a head start.
KushCo Holdings, Curaleaf Holdings and Acreage Holdings are beloved by the momentum crowd, but not by professional investors.