|Bid||8.95 x 0|
|Ask||8.96 x 0|
|Day's Range||8.94 - 9.23|
|52 Week Range||4.76 - 22.00|
|Beta (3Y Monthly)||4.03|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.61|
Canada’s leading marijuana producer Canopy Growth said shareholders approved its deal to acquire the American cannabis chain Acreage Holdings — if the U.S. legalizes marijuana federally.
The sentiment towards the cannabis sector weakened further last week, as major industry players ended in the negative territory. HEXO (HEXO), which released disappointing earnings on June 12, was one of the key reasons for the extension of the weakness in the sector last week.
CALGARY , June 17, 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 has closed the final tranche (the "Final Tranche") of the sale of unsecured convertible debentures (the "Debentures") of the Company under the non-brokered private placement (the "Offering") previously announced on April 10, 2019 . Gross proceeds from the Final Tranche were $3,200,000 and included a subsequent investment of $1,000,000 from Aurora Cannabis Inc. (ACB) (ACB.TO), one of the Company's key industry partners.
The slow takeoff of recreational marijuana sales in Canada was expected to gain speed when Canada planned to allow sales of vapes, edibles, beverages, and the popular CBD. Now that’s been delayed.
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.
Jefferies analyst Owen Bennett likes Aphria and the Green Organic Dutchman, but is less impressed by Cronos Group. Where the marijuana market is going, and how to play it.
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 ...
LEAMINGTON, ON, June 7, 2019 /PRNewswire/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) today announced an agreement with San Francisco-based PAX Labs, Inc. ("PAX"), a leader in the design and development of premium cannabis vaporization devices, that will enable Aphria to provide premium cannabis extracts in pods designed for use with PAX's innovative Era device and platform. The Company plans to introduce PAX pods for both adult-use consumers and medical patients, pending anticipated changes to the Cannabis Act to permit the sale of cannabis extracts for vaporization. "As Aphria continues to drive the evolution of the industry, we are thrilled to partner with a technology leader like PAX to provide a new avenue for consumers to integrate cannabis into their lives," said Irwin Simon, Interim CEO of Aphria.
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.
Investing.com - Most Canadian cannabis stocks lost ground again Thursday, with one notable exception: Canopy Growth (TSX:WEED) (NYSE:CGC).
CALGARY , June 4, 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 has opened a new Smoker's Corner retail store in the Royal Chapelle Area of Edmonton , specifically located at 3142 141 Street SW in Edmonton, Alberta (the "Royal Chapelle Store"). Similar to High Tide's other Smoker's Corner locations, the Royal Chapelle Store will be supplied from the Company's vast catalogue of more than 4,300 SKUs of smoking accessories and cannabis lifestyle products, including the full range of proprietary and licensed goods offered by its wholesale segment.
If lower-cost marijuana from Colombia is allowed to freely compete with products from expensive greenhouses in North America and Europe, big companies like Canopy Growth that built those operations could suffer
CALGARY , May 31, 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 is celebrating the announcement by Alberta Gaming, Liquor and Cannabis ("AGLC") that it has lifted the moratorium on issuing retail cannabis licences and accepting new licence applications. The announcement provides certainty and clarity for the licencing of nine approved Canna Cabana locations currently selling accessories, as well as for the next 23 locations in various stages of development, in addition to the four Canna Cabana locations currently selling cannabis in Alberta .
Aphria: Analysts' Ratings and Target PriceAphriaAphria (APHA) is among the biggest producers in the cannabis sector. From a valuation standpoint, Aphria has been trading at a discount compared to Canopy Growth (WEED) and Aurora Cannabis (ACB). The
Halo Labs Announces Strategic Partnership with High Tide for Exclusive Distribution of DabTabs™ Home Preparation Kits