|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.60 - 9.60|
|52 Week Range||4.35 - 11.97|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||68.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
There are a large number of publicly traded marijuana companies, with the biggest ones being located in Canada -- as Canada is the largest market where marijuana has been fully legalized, notes Ben Reynolds, editor of Sure Dividend in a special report on the best opportunities in the cannabis space.
CBD -- which is simply shorthand for cannabidiol -- is a non-psychoactive component of cannabis plants, explains Timothy Lutts, editor of Cabot Marijuana Investor.
Could Leon Cooperman Gain from Cannabis Legalization Moves?Leon Cooperman on Cannabis During an interview with CNBC in October, Leon Cooperman said that he has invested his personal money in a few young marijuana companies. These companies include
The Canadian government gave its approval to marijuana producer Aphria to increase its production as the country's black market remains dominant.
Key for Investors: Watching Cannabis Sector Valuations(Continued from Prior Part)What investors are payingBy knowing what investors are paying for each unit of the forward sales estimate for Cronos Group (CRON), HEXO (HEXO), and other companies,
Gundlach: Could US Economic Indicators Be Signaling a Recession?(Continued from Prior Part)Gundlach on bitcoin “mania”Jeffrey Gundlach predicted bitcoin’s (BTC) crash after the cryptocurrency’s peak in December 2017. He compared bitcoin’s
CannTrust Holdings Inc. (CNTTF) closed at $9.60 in the latest trading session, marking no change from the prior day.
Shares of CannTrust Holdings Inc. opened on the NYSE with a nice gain, before swinging into the red in midday trading. The Canada-based cannabis company's stock opened on the Big Board at $9.96, or 3.8% above the last closed on the OTC Markets at $9.60, before turning lower. It was down as much as 4.6% at the intraday low of $9.16, before bouncing slightly be to be down 3.9%. Meanwhile, Jefferies analyst Owen Bennett started coverage of CannTrust with a buy rating, saying the company has one of the strongest medical businesses in Canada. "We think [CannTrust] is a very smart, consistent operator that has slipped under the radar, maybe a function of a non-U.S. listing," Bennett wrote in a note to clients. "We expect its strength to become increasingly evident over the next 12 months which should drive upside." The stock has lost 33% over the past 12 months, while the ETFMG Alternative Harvest ETF has hiked up 13% and the S&P 500 has edged up 2.2%.
Trulieve Cannabis Is Up ~63% in 2019: Is There More Upside?(Continued from Prior Part)Current operations Trulieve Cannabis (TRUL) (TCNNF) is a vertically integrated cannabis company that’s involved in cultivation, processing, and distribution
This under-followed Canadian cannabis company is the latest to make the move to the New York Stock Exchange.
Shares of Canada-based cannabis company CannTrust Holdings Inc. will begin trading on the New York Stock Exchange Monday, under the ticker symbol "CTST." Shareholders who bought CannTrust shares on the OTC Markets Pink Open Market, under the symbol "CNTTF" may trade their shares on the NYSE beginning Monday. The company's shares will continue to also trade on the Toronto Stock Exchange under the symbol "TRST." "We are a fast-growing company that is continuously looking to increase our international presence," said Chief Executive Peter Aceto. "The NYSE listing is another significant milestone in the evolution of CannTrust and we are excited to share more about our planned growth initiatives in the near future." CannTrust's OTC shares had soared 49.8% over the past three months while the ETFMG Alternative Harvest ETF had climbed 21.6% and the S&P 500 had gained 6.1%.
VAUGHAN, ON, Feb. 25, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX:TRST, NYSE:CTST) is pleased to announce that its common shares will begin trading on the New York Stock Exchange ("NYSE") today. CannTrust's shares will trade on the NYSE under the ticker symbol "CTST". The Company's common shares will continue to be listed on the Toronto Stock Exchange under the ticker symbol "TRST".
CORAL GABLES, FL / ACCESSWIRE / February 21, 2019 / The 2019 year has already shown a significant amount of upward momentum for the marijuana stock market. A key reason for this tidal shift of positive energy is due to the fact that companies throughout the industry are progressing because many states in the U.S., as well as Canada, have passed legislation in favor of legalizing cannabis. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Emerald Health Therapeutics Inc (EMHTF) (TSX-VEMH), CannTrust Holdings Inc (OTC PINK: CNTTF), and KushCo Holdings Inc (KSHB) are 4 pot stocks that could test this week's highs.
Why CannTrust Is Trending Higher in February(Continued from Prior Part)CannTrust’s valuationsCannabis stocks (HMMJ) experienced a steep sell-off in December along with the broader markets. This sell-off led to the companies in the cannabis sector
Why CannTrust Is Trending Higher in February(Continued from Prior Part)Analyst ratingsEarlier in this series, we discussed how CannTrust (CNTTF) has performed so far this year in 2019. The stock is all set to up-list on the New York Stock Exchange
Why CannTrust Is Trending Higher in FebruaryCannTrust’s gainsCannTrust (CNTTF) has been trending higher ever since the beginning of this year. The stock has returned nearly 75% YTD as of February 20. In February alone, the company returned about
The fact is that the marijuana industry is still very much in its infancy because, until recently, society had historically been vehemently opposed to cannabis. If this continues, the cannabis industry may see an increase in investor attention in the near future. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Village Farms International Inc (VFFIF), CannTrust Holdings Inc (OTC PINK: CNTTF), and Aurora Cannabis Inc (NYSE: ACB, TSX: ACB) are four pot stocks that could test this week's highs.
On Jan. 8, the Canada-based producer of cannabis said it applied to list its stock on the NYSE and filed a registration statement on Form 40-F with the US Securities and Exchange Commission. It will also continue to list its shares on the Toronto Stock Exchange.
Canadian pot producer CannTrust will begin trading at the NYSE today under the ticker CTST. Peter Aceto, CannTrust CEO, says it’s planning to leverage its “reputation in the medical space” of cannabis to compete with bigger pot producers like Canopy Growth and Aurora Cannabis. Yahoo Finance’s Alexis Christoforous speaks to him.