|Bid||8.10 x 0|
|Ask||8.11 x 0|
|Day's Range||7.96 - 8.19|
|52 Week Range||4.76 - 22.00|
|Beta (3Y Monthly)||3.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.65|
CALGARY , July 23, 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 it recently signed a 5-year lease, with an option to extend the term, for a warehouse approximately 25,000 square feet in size at Unit #145, 6255 North Hollywood Boulevard in Las Vegas, Nevada (the "Nevada Warehouse") and has begun to develop it as the Company's primary storage and distribution hub in the United States (the "US"). The Nevada Warehouse is a major strategic initiative for High Tide as it facilitates the expansion of its wholesale segment, including over 4,300 SKUs in the RGR Canada and Famous Brandz product catalogues, while providing a location from which to ship orders placed by the thousands of US customers who shop on the Grasscity e-commerce website and enabling the Company to pursue the sale of hemp-derived cannabidiol ("CBD") products in the US and other international markets.
On Thursday, Bank of America downgraded Aurora Cannabis stock (ACB) to “neutral” from its previous “buy” rating. Here's why.
Aphria executives will host a conference call to discuss these results at 5:00 pm ET . There will also be a simultaneous, live webcast available on the Investors section of Aphria's website at aphriainc.com. Aphria Inc. is a leading global cannabis company driven by an unrelenting commitment to our people, the planet, product quality and innovation.
Yesterday, CannTrust (CTST) hinted at a big problem that not enough people are talking about, and it's suspending its cannabis sales.
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Overall, the cannabis sector was weak in the first ten days of July. There was a stream of negative news about the sector. Earlier this week, CannTrust (CTST) reported that Health Canada found non-compliant operations at one of its facilities. According to the press release issued by CannTrust, the company was growing cannabis in rooms […]
On Monday, CannTrust Holdings (CTST) stock fell almost 22.6%. The sell-off was driven by a negative compliance report from Health Canada.
LEAMINGTON, ON, July 8, 2019 /PRNewswire/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) today announced the launch of its new social impact platform, Plant Positivity. Championing the incredible power that plants have in overall well-being and providing greater access to green spaces for communities, Plant Positivity will be a new component of Aphria's existing Corporate Social Responsibility strategy, which will continue to deliver on the Company's commitment to give back to both people and the planet.
The cannabis industry has seen a boom over the last two years because of Canada's legalization of recreational use. We make sense of this growing sector.
High Tide Announces Canna Cabana Now Selling Cannabis in Grande Prairie with 10 More Alberta Stores to Follow Shortly
Cannabis companies are in a race to achieve stratospheric sales growth in the coming years, and many companies aim to reach the one billion revenue mark in the near future.
High Tide Reports Financial Results for Second Quarter 2019 Featuring a 325% Increase in Revenue over the Same Period of the Previous Year
As part of upgrading to the M2 platform the Company also improved Grasscity's warehouse management system, which is designed to reduce processing times and error rates, thereby increase shipments for faster delivery times to customers around the world. "We are excited to reap the benefits of this significant investment in Grasscity as the most searchable online retailer of smoking accessories.