|Bid||31.23 x 900|
|Ask||31.29 x 900|
|Day's Range||30.91 - 31.78|
|52 Week Range||17.81 - 35.30|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||13.37%|
|Beta (5Y Monthly)||3.08|
|Expense Ratio (net)||1.25%|
Prices of the nonintoxicating variety of cannabis have continued to fall, tripped up by regulatory issues. CBD may get hot again, but that won’t help farmers sitting on piles of last year’s hemp biomass
FEATURE Many farmers planted hemp last year, hoping for a bit of the billions in sales predicted for the newly legal, nonintoxicating variety of cannabis that yields the soothing stuff called CBD. But demand didn’t materialize, so piles of hemp “biomass” sit unsold, and the price of what does sell fell about 30% from December to January, according to researchers at New Leaf Data Services.
Charlotte's Web Holdings Inc. said Friday that Chief Operating Officer Stephen Lermer is leaving the company to pursue opportunities in his home region of Central America. The Boulder, Colorado-based maker of CBD-based wellness products said Lermer's team will report to Chief Financial Officer Russ Hammer until a new operations leader is announced. The company said it has named co-Founder Jared Stanley to the new role of chief cultivation officer, reporting to Chief Executive Deanie Elsner. It also named Kelly Shea to the new role of senior vice president of government affairs and corporate communications. U.S.-listed shares were not active premarket, but have fallen 54% in the last 12 months, while the ETFMG Alternative Harvest ETF has fallen 51% and the S&P 500 has gained 21%.
Benzinga: Taken the first few weeks of 2020 into account, what can you even say about this market right now? Jablonski: So, I think if we take a look at where we are today...December was one of the best months for stock gains in 50 years. For investors just trying to come in and evaluate, the valuations might be a little bit high and the risk of getting in them might be higher, too.
U.S. stocks continued their spectacular run to start the New Year. We highlighted eight leveraged equity ETFs that piled up double-digits gain to start 2020.
International stocks will again lag their U.S. rivals in 2019, but that could change in 2020. The Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSE: EDC) looks to deliver triple the daily returns of the MSCI Emerging Markets Index.
Every year, the movers and shakers in the cannabis industry gather in Las Vegas for a week of events and networking. This year, one of the longest-standing award shows in the space, The Cannabis Business ...
Charlotte's Web Holdings Inc. said Monday it is offering 5 million units priced at C$13.25 ($9.97) a pop to raise C$66.3 million through a syndicated deal led by Canaccord Genuity. The Boulder, Colorado-based maker of hemp CBD products said each unit comprises a single common share, plus half a common share purchase warrant. Proceeds of the deal will be used to fund business development and for general corporate purposes. The company's U.S.-listed shares were not active premarket, but have fallen 5% in 2019, while the ETFMG Alternative Harvest ETF has fallen 30% and the S&P 500 has gained 24%.
While the U.S.-China trade deal is injecting a healthy dose of optimism in the markets, the economic health of both nations is saying another thing. For China, underlying weakness in the country’s economy ...
Last month, Charlotte's Web announced that it would partner with Nielsen to guide US retail companies on the growth of the CBD (cannabidiol) space.
Whether a positive trade deal results or not, China will continue with its ever-expanding technology initiatives, which bodes well for tech-focused exchange-traded funds (ETFs). “Social commerce is all about online shopping and sharing and prizes and games,” said Fannin.
Investors will have more investment options to choose from when considering China equities as the second round of its quality issues, China A Shares, is included in the FTSE Russell global equity indexes. China A Shares will represent approximately c.
Charlotte’s Web Holdings (CWBHF)(CWEB) is trading sharply higher today. The stock has been on fire this week and has gained more than 20% so far. Charlotte’s Web saw a selling spree in May, when it lost almost 30% of its market cap. Let’s take a look at what’s driving the stock higher today.
Persisting trade tensions with the U.S. are starting to affect China's job market, according to China’s top economic planning body. “Due to (the) impact from the continued increase of China-U.S. economic trade frictions and other uncertainties, recruitment demand for university graduates is tightening in internet, finance and other industries,” according to a statement to CNBC from a spokesperson for the National Development and Reform Commission (NDRC). Bearish exchange-traded funds (ETFs) like the Daily FTSE China Bear 3X Shares (YANG) could see strength if a languishing job market has broader effects on the country's economy.
If you want someone to paint a rosy picture of the global economy, you might not want to ask French Finance and Economy Minister Bruno Le Maire. At the G-20 Finance Ministers Meeting in Fukuoka, Japan, Le Maire cited the escalation of a U.S.-China trade war as the prime culprit. “We do not have the growth figures we should have because of the trade tensions between the U.S. and China,” Le Marie said.
Investing.com - Cannabis companies continue to flock to the Toronto Stock Exchange, including an Israeli grower looking to export to many parts around the globe.
Cannabis Sector Weekly Update: Sell-Off amid Market Weakness(Continued from Prior Part)EarningsLast week, we saw a flurry of earnings from cannabis players. Charlotte’s Web Holdings (CWEB) (CWBHF) released its preliminary first-quarter results on
Cannabis Sector Weekly Update: Sell-Off amid Market WeaknessCannabis weekly updateLast week, cannabis ETFs fell for the second consecutive week. The Horizons Marijuana Life Sciences ETF (HMMJ) saw a negative price action of 3.1%, while the ETFMG
Charlotte’s Web Holdings' Preliminary Q1 Results(Continued from Prior Part)Cannabis stocksOn May 8, Charlotte’s Web Holdings (CWEB) (CWBHF) released its preliminary first-quarter results. The company maintained its 2019 revenue guidance of
Charlotte’s Web Holdings' Preliminary Q1 ResultsCharlotte’s Web HoldingsOn May 8, Charlotte’s Web Holdings (CWEB) (CWBHF) released its preliminary first-quarter results after the markets closed. The company expects to post revenues of $21
Panda bears might be native to China, but it was exchange-traded fund (ETF) bears dwelling in the Chinese equities space on Tuesday with the Daily FTSE China Bear 3X Shares (YANG) . As the threat of trade wars permeated the capital markets, YANG was up 8.03 percent. U.S. President Donald Trump threatened to impose a higher an increase in existing tariffs on Chinese goods on Friday with the hope that it will force China's hand in relenting to a trade deal.
Key Cannabis Sector Updates: Price Action and Analyst Ratings(Continued from Prior Part)Cannabis updateLast week, Emerald Health Therapeutics (EMH) closed with losses of 9.4%. The company released its fourth-quarter and full-year 2018 earnings last