|Bid||9.38 x 0|
|Ask||9.39 x 0|
|Day's Range||9.03 - 9.49|
|52 Week Range||3.98 - 9.70|
|Beta (3Y Monthly)||4.40|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.06|
How Wall Street Views HEXO in April(Continued from Prior Part)Valuations Cannabis stocks have experienced a steep sell-off in April. Aphria (APHA), Cronos Group (CRON), and Tilray (TLRY) have lost about 18%, 15%, and 25%, respectively, during the
How Wall Street Views HEXO in AprilHEXOLast week, HEXO (HEXO) was among only a few stocks in the cannabis sector that managed to end in the positive territory with a weekly gain of about 7.4%. The stock has held up pretty well compared to peers
Aphria Had a Tough Week after Earnings(Continued from Prior Part)Stocks fell Most of the stocks in the cannabis sector experienced a weekly decline. Last week didn’t lift the sentiment. There has been a weaker trend for players in the cannabis
Canopy Growth Trades Higher on Talks with Acreage HoldingsCanopy Growth Canopy Growth (CGC) (WEED) has become the face of the cannabis industry as more and more analysts and investors take the sector more seriously. Just yesterday, Bank of America
CGC, HEXO, CTST Moving Higher TodayCannabis sector gains Today, the Horizons Marijuana Life Sciences ETF (HMMJ) gained about 0.3% and the ETFMG Alternative Harvest ETF (MJ) gained about 0.3% in the first half of the trading session. However, the
Irwin Simon Says Aphria Will Hit 1 Billion in Sales by 2020(Continued from Prior Part)Analyst ratings The consensus analyst rating on Aphria (APHA) after its earnings were released remained unchanged compared to the previous month. As the chart
TLRY, CGC, ACB Snap Out of Their Losing Streaks(Continued from Prior Part)Aphria trading higher Aphria (APHA) lost about 14% in yesterday’s trading session after it reported its earnings. The company wrote off 50 million Canadian dollars relating
Aphria Declines, Other Cannabis Stocks Follow(Continued from Prior Part)Sector declinesAround mid-day, most of the cannabis stocks fell after Aphria (APHA) reported disappointing earnings. The ETF Horizons Marijuana Life Sciences ETF (HMMJ)
Aphria Reported Its Q3 Earnings, Stock FellAphria’s earnings Early on April 15, Aphria (APHA) reported its third-quarter financial results. The company reported revenues of 73.6 million Canadian dollars, which grew ~617% year-over-year and ~240%
Cannabis Sector Was Disappointing Last Week(Continued from Prior Part)Sectoral weakness Last week, Cronos Group (CRON) ended in the negative territory. Cronos Group had a weekly decline of 7.4%, which was in line with the broader sectoral weakness.
CGC, CRON, and GTBIF Reverse Their Falling Streaks on April 12(Continued from Prior Part)Breaking the losing streak Cannabis stocks have recently experienced weakness amid concerns surrounding a global slowdown and companies missing their earnings
HOUSTON, TX / ACCESSWIRE / April 12, 2019 / The U.S. FDA could provide a substantial boost to cannabis stocks in coming weeks. On May 31, 2019, the government agency will hold its first public hearing on legalizing CBD in food and drinks, to figure out how to regulate such products. Any positive outcome is likely to be a big catalyst for related stocks, including Blissco Cannabis Corp. (CSE: BLIS)(OTCQB: HSTRF), Tilray Inc. (NASDAQ: TLRY), and HEXO Corporation (NYSE: HEXO)(TO: HEXO).
TLRY, CGC, CRON, and CTST Continue to Slide on April 11(Continued from Prior Part)Cannabis stocks fall Cannabis stocks continued to fall on April 11, with major companies Canopy Growth (WEED), Tilray (TLRY), and Aurora Cannabis (ACB) among the top
Do Cannabis Stocks Look Cheap at These Valuations?(Continued from Prior Part)EV-to-EBITDA To see whether the cannabis sector looks cheap or expensive as of April 9, we’ll look at the forward EV-to-EBITDA (enterprise value-to-earnings before
Do Cannabis Stocks Look Cheap at These Valuations?(Continued from Prior Part)Comparing valuation multiples As of April 9, the median forward EV-to-sales multiple of our select group of 12 cannabis players was about 6.2x. The popular cannabis stocks
Aurora Cannabis Expands Again amid Sector Weakness(Continued from Prior Part)Aurora SkyEarly this morning, Aurora Cannabis (ACB) announced that it will be expanding its Aurora Sky facility from 1.2 million square feet to 1.6 million square feet.
Do Cannabis Stocks Look Cheap at These Valuations?Anemic movement Lately, cannabis stocks have exhibited anemic movement despite the fact that sector constituents such as Canopy Growth (WEED)(CGC), Aurora Cannabis (ACB), Aphria (APHA), HEXO (HEXO),
Aurora Cannabis Expands Again amid Sector WeaknessAurora on expansionEarly on April 10, Aurora Cannabis (ACB) announced that it will expand its Aurora Sun facility to 1.6 million square feet with a production capacity of ~230,000 kilograms per
CTST, HEXO, and APHA: Cannabis Stocks Fall on April 9(Continued from Prior Part)Sector declinesOverall, the cannabis sector fell on April 9. The Horizon Marijuana Life Sciences ETF (HMMJ) lost almost 2.5% of its value by mid-day, while the ETFMG
In 2018, Canada legalized its recreational use. Corporate America began investing in major cannabis companies. In fact, alcohol companies have only just begun to invest and diversify with cannabis, including Constellation Brands and Molson Coors.
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TLRY Hits Seven-Month Low as Cannabis Sector Sees Weakness(Continued from Prior Part)The gainersThe Horizons Marijuana Life Sciences ETF (HMMJ) was broadly lower around midday, declining 0.78%, and the ETFMG Alternative Harvest ETF (MJ) declined
TLRY Hits Seven-Month Low as Cannabis Sector Sees WeaknessTLRY slumpsCannabis stock Tilray (TLRY) hit a seven-month low, with the stock declining about 3% around noon ET today to $61.6 per share. The stock continued to weaken as broader market
Aurora Cannabis Prepares to Raise More Money for Expansion(Continued from Prior Part)Valuations Aurora Cannabis (ACB) was trading at a forward EV-to-sales multiple of 14.5x on April 2. The company was trading at a premium to its historical two-year
CGC, CRON, and APHA Are in the Green on April 3(Continued from Prior Part)In the green HEXO (HEXO) was gaining in the first half on April 3 along with Tilray (TLRY) and Innovative Industrial Properties (IIPR). HEXO gained about 0.34%, while Tilray