|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||30.61 - 31.30|
|52 Week Range||23.01 - 45.40|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.71|
|Expense Ratio (net)||0.75%|
After slumping in the fourth quarter, the ETFMG Alternative Harvest ETF (NYSE: MJ ), the only dedicated cannabis exchange traded fund listed in the United States, is off to a scintillating start in 2019. ...
HEXO Gets Approval to Be Listed on the NYSE AmericanHEXO On January 17, HEXO (HEXO) announced that it received approval to be listed on the NYSE (New York Stock Exchange) American. The stock will start trading under the ticker “HEXO” on January
Wall Street will be doing billions of cannabis business in the next two years. That’s according to Danny Moses of Moses Ventures, who joined an investor panel moderated by CNBC contributor Tim Seymour ...
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)TilrayTilray (TLRY), one of the top cannabis players in Canada, has been a favorite of day traders. The company has experienced wild swings, giving a hard time to
These Three Cannabis Stocks Are in the Green TodayINSYS TherapeuticsToday, INSYS Therapeutics (INSY) is trading at $4.69, up ~8.80% from its close of $4.31 on January 16. On January 16, INSY rose ~2.62% to $4.31 from its previous close of $4.20 on
Canadian marijuana producer Hexo Corp. said early Thursday that it has been approved for listing on the NYSE American exchange, and will begin trading Jan. 23. Hexo's current over the counter listing in the U.S. is up 1.9% in Thursday trading. Hexo follows other Canadian licensed cannabis producers such as Aurora Cannabis Inc. and Canopy Growth Corp. , which have also listed on U.S. exchanges. Hexo and Molson Coors Brewing Co. have signed a joint venture to develop non-alcoholic, cannabis infused beverages. ETF Alternative Harvest ETF , which tracks a basket of pot stocks, is up less than 0.1% in midday trading.
A panel of marijuana executives took a global look at the legal cannabis market Wednesday during the Benzinga Cannabis Capital Conference in Miami Beach. The Farm Bill's Impact Moderator Jesse Pytlak ...
Aurora Cannabis Inc. said late Wednesday that it planned to raise $250 million via convertible debt. Aurora stock fell more than 6% in after-hours trading. The company said it plans to use the cash for Canadian and international expansion, as well as for acquisitions and "working capital requirements" as the businesses grows. Aurora said it will give whoever buys the debt the chance to buy an additional $37.5 million of convertible debt. The notes will be due in 2024. Aurora stock closed up 4.7% to $7.33 during the regular session as the ETFMG Alternative Harvest ETF fell 1.9%.
The American cannabis market generates about $50-$60 billion in annual revenue, iAnthus Capital Holdings Inc (OTC: ITHUF ) CEO Hadley Ford told the Benzinga Cannabis Capital Conference in a keynote address ...
In the cannabis industry, being a multistate operator can mean big profits and broad brand awareness, but brings unique challenges due to the complex regulatory framework that surrounds the burgeoning legal marijuana markets across the U.S. At Wednesday's Cannabis Capital Conference, three executives from some of the biggest companies in the space offered their perspectives on the ever-changing landscape and what’s ahead in 2019 for this booming business. Moderator Alan Brochstein, founder of the 420 Investor, focused the majority of the panel on the burning questions so many single-state operators have, asking how to decide which markets to enter and what it takes to stay compliant across borders.
These Cannabis Stocks Are Soaring in JanuaryCannabis stock trendsCannabis stock CannTrust Holdings (CNTTF) rose to $6.0 on January 15 from $4.8 at the close of market on December 31, 2018, representing a rise of ~25% in the first half of January
Newly Appointed US AG Bill Barr to Leave Cannabis Companies AloneWilliam Barr on marijuana companiesAt the end of last year, when US Attorney General Jeff Sessions resigned from his position, we predicted that this development could bring some
Big Headlines that Drove Cannabis Stocks YesterdayTilray and ABGWhile the market for Tilray (TLRY) was volatile yesterday, the company’s fundamentals remained unchanged. Earlier in the day, the company announced a revenue sharing agreement with
Key Takeaways from Aphria's Second-Quarter Earnings(Continued from Prior Part)Shortage of cannabisSince recreational cannabis became legal in Canada, the demand has outpaced supply, which has led to a shortage in the market. During its earnings
Brexit Deal Goes Down in Flames, Markets Yawn Theresa May’s Brexit deal was defeated by such a large margin, 432-202, that stock markets have been shocked into complacency over it, or at least that’s what it seems. With such a huge defeat, there is no way that the deal can be renegotiated or tweaked to […] The post Market Morning: Brexit Burn, New Anti-Cannabis AG, Cobalt On Blockchain, Microsoft on Healthcare appeared first on Market Exclusive.
William Barr came across as more open-minded than Jeff Sessions, even if he personally would like to see marijuana banished from the U.S.
At a confirmation hearing Tuesday, attorney general nominee William Barr said that the current system around marijuana laws is 'untenable' and he personally supports prohibiting marijuana across the U.S. But, Barr said that under the current set of laws he would not go after cannabis businesses that comply with state regulations and a rescinded Justice Department memo. After Barr's comments, the ETFMG Alternative Harvest ETF , which includes a basket of the largest pot stocks, fell roughly 3% in 15 minutes. Some of the biggest names in the cannabis sector got a late-session haircut too: Canopy Growth Corp. , closed down 2.8%, Aurora Cannabis Inc. touch a mid-session high of a roughly 11% gain but closed the day down 3.2%. Cronos Group Inc. also experienced a similar trading pattern and closed down 5.2%. The lock-up period for Tilray Inc. expired Tuesday and shares fell 17% in the regular session. The Alternative Harvest ETF closed down 3.2% Tuesday.
Why Senator Schumer Is Pleased with Canopy Growth(Continued from Prior Part)CGC building on its IPThrough a series of acquisitions, Canopy Growth (WEED) (CGC) has built a strong portfolio of intellectual property to derive hemp-based cannabis
Key Takeaways from Aphria's Second-Quarter Earnings(Continued from Prior Part)Key executives step downDuring Aphria’s (APHA) earnings call, the big headlines were that CEO Vic Neufeld and co-founder Cole Cacciavillani will be transitioning out
Why Senator Schumer Is Pleased with Canopy GrowthHemp licenseOn January 14, Canopy Growth (CGC) (WEED) announced a major win in the US market after receiving a license in the State of New York to run hemp operations. In its press release, Canopy
Cannabis investors saw a pair of notable moves in popular stocks on Monday, with Canopy Growth (CGC) moving 11% and Aurora Cannabis (ACB) adding nearly 7% on the back of exciting deals for both companies.
Canopy Growth Gets License to Operate in New YorkLicense in New York Canopy Growth (WEED)(CGC) reported that it received a licence in the State of New York to run hemp operations. The company added that it received the license based on its expertise in hemp-related products and that the licence will help it establish commercial operations in the