|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.9400 - 3.2011|
|52 Week Range||2.5410 - 7.5720|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.14|
Today, to enhance customers’ online experience, the Green Organic Dutchman Holdings (TGODF) has launched its new website, which includes a portal for patients and consumer education centers as well as a completely revamped investor section. Speaking about the new website, Andrew Pollock, the vice president of marketing of TGODF, said, “TGOD is committed to providing the ultimate cannabis experience for consumers.
On December 13, the British Columbia Supreme Court ordered the immediate shutdown of all illegal cannabis stores operating in Vancouver. The City of Vancouver had filed 53 injunctions in total against the dispensaries, which were operating outside the city’s regulations since April 2016, when the city introduced its medical marijuana related use (or MMRU) model. In regards to the ruling, Kaye Krishna, Vancouver’s general manager of development, business and licensing, said, “The ruling signals that any cannabis retail store operating outside City regulations can and will be enforced against using all the tools at the City’s disposal to the fullest extent moving forward,” according to Globalnews.ca.
After the disappointment on Wednesday with Mississauga and Markham voting against opening private cannabis retail stores, investors were intently watching the Toronto and Ottawa city council votes on whether to allow private cannabis retail stores to operate in their cities or not.
To enhance its medical cannabis onboarding capabilities, the Green Organic Dutchman Holdings (TGODF) announced today that it will be partnering with HelloMD, which provides online services to patients who are looking to obtain medical cannabis in Canada. TGODF plans to sell its premium, certified organic cannabis to medical patients starting in late January 2019. Utilizing HelloMD’s white-label patient services platform, TGODF will be able to provide patients with access to independent advice from practitioners and education about medical cannabis.
The day before Thanksgiving has turned into a well-known marijuana shopping day in America, with Eaze reporting record sales that were only outpaced by April 20 sales, as deliveries almost doubled those of a regular Wednesday last year. Data from Headset confirms this massive surge in demand. CannAmerica Brands CEO Dan Anglin said: “In Colorado, the day before Thanksgiving has long been the kickoff to the biggest season for cannabis sales in the state.
On December 12, Mississauga and Markham voted against opening private cannabis retail stores for now. The Mississauga city council voted 10-2 against allowing private cannabis retail stores to operate in the city. The Markham city council voted 12-1 against opening private cannabis retail stores.
/ The marijuana industry and marijuana stocks for that matter have been getting a lot of attention lately and it has begun to translate into new job growth. According to a new report from Vangst, a recruitment and job placement agency focused on the cannabis industry, these are some of the most popular jobs right now are legal cannabis cultivation and retail sales management. In addition to this, the cannabis industry is projected to grow by 220% in 2019 alone, according to the report.
MedMen Enterprises Inc. is pleased to announce that it has closed its previously announced acquisition of a dispensary license in Emeryville, California from B12, LLC.
MedMen Enterprises Inc. announced today the hiring of Michael W. Kramer, a veteran finance executive with a proven track record at retailers such as Apple Inc., Abercrombie & Fitch and Forever 21, as Chief Financial Officer.
("MedMen" or the "Company") (MMEN.CN) (MMNFF) (FSE:A2JM6N) is pleased to announce that it has completed its previously-announced bought deal financing (the "Offering") of 13,640,000 units (the "Units") at a price of C$5.50 per Unit (the "Issue Price") for aggregate gross proceeds of C$75,020,000 . The Offering was conducted by way of a short form prospectus through a syndicate of underwriters led by Canaccord Genuity Corp., as lead underwriter, and including Eight Capital and Cormark Securities Inc. (collectively, the "Underwriters"). Each Unit consists of one Class B Subordinate Voting Share in the capital of the Company and one share purchase warrant of the Company (each, a "Warrant").
Curaleaf Holdings Inc (OTC: CURLF) has become one of the largest cannabis companies in the U.S., with 33 dispensaries, 12 cultivation sites and 10 processing facilities across 12 states. Curaleaf went public Oct. 29 on the Canadian Stock Exchange following a reverse takeover transaction after conducting an oversubscribed private placement in which it raised $400 million. The RTO valued Curaleaf at a whooping $4.5 billion, confirming its status as one of the largest U.S. cannabis companies.
HENDERSON, NV / ACCESSWIRE / December 5, 2018 / Here are several ways to play water scarcity. Today we are highlighting: OriginClear, Inc. (OCLN), The Alkaline Water Company, Inc. (WTER), Aqua America ...
(“MedMen” or the “Company”) (MMEN.CN) (MMNFF) (FSE:A2JM6N) today announced that it has completed its acquisition of Omaha Management Services, LLC, for control of Monarch, a Scottsdale, Arizona-based licensed medical cannabis license holder with dispensary, cultivation and processing operations. The transaction, with WhiteStar Solutions LLC (“WhiteStar”), included the acquisition of WhiteStar’s exclusive co-manufacturing and licensing agreements with Kiva, Mirth Provisions and HUXTON for the state of Arizona. “As we look to operationalize the acquisitions we have made in recent months, our team has focused on timely and seamless transitions,” said Adam Bierman, MedMen chief executive and co-founder.
In this article, we’ll discuss the performances of a few stocks from the cannabis industry (SEED) for the week that ended on November 30.
iAnthus Capital Holdings (ITHUF) is a leading company in the cannabis industry (SEED). This article compares iAnthus Capital’s valuation to those of its peers, including MPX Bioceutical (MPXEF), MariCann (MRRCF), and MedMen (MMNFF).
iAnthus Capital Holdings (ITHUF) owns, operates, and partners with licensed cannabis operations, including cultivation, processing, and dispensary operations, across the United States.
But do the positives outweigh the one big negative for the leading marijuana retailer?
MedMen Enterprises (MMNFF) holds 19 licensed cannabis facilities for cultivating, manufacturing, and marketing cannabis as a consumer product. MedMen released its fiscal 2019 first-quarter results yesterday at 5:00 PM Eastern Time, reporting revenue of ~$21.5 million. The chart below shows MedMen’s revenue over the last few quarters.
American cannabis company MedMen Enterprises Inc (OTC: MMNFF) was trading higher Friday after reporting fiscal first-quarter results. Among other highlights from the quarter, MedMen posted annualized sales per square foot of $6,188 across eight stores in Southern California. MedMen is one of the largest distributors of cannabis in the U.S. The company has a market share of 5.3 percent in California, according to the California Bureau of Cannabis Control.
Despite tangible sales growth in the lucrative U.S. weed market, investors may be overlooking this huge flaw in dispensary stocks.
3 of the top pot companies investors are watching this week are MedMen Enterprises (MMNFF), OrganiGram Holdings Inc. (OGRMF), and Item 9 Labs Corp. (INLB). Item 9 Labs Corp (INLB) is newly public and undiscovered, with a strong CEO, recent funding to support upcoming ventures, and well-defined expansion plans for 2018 and 2019. It could quickly become a favorite among U.S. and Canadian cannabis investors.
U.S.-based marijuana producer MedMen Enterprises Inc. reported earnings late Thursday. The pot maker reported fiscal first-quarter net losses of $12.5 million, or $1.42 a share, compared with $5.3 million in the year-ago period, though the company did not release a per-share earnings figure; MedMen said it lost $1.95 a share in in last year's fiscal fourth quarter. Revenue rose to $21.5 million from $1.8 million in the year-ago period. There are not enough analysts covering MedMen to form a FactSet consensus. MedMen stock, which trades on the pink sheets, has gained 6.6% since June, as the S&P 500 index rose 1.3%. MedMen stock also trades on the Canadian Securities Exchange under the ticker MMEN. Marijuana is illegal under U.S. federal law, which prevents pot producers such as MedMen from listing on the NYSE and the Nasdaq. Roughly 10 states have legalized recreational pot and more than 30 have medical marijuana laws on the books.