|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.59 - 6.95|
|52 Week Range||2.57 - 7.10|
|Beta (3Y Monthly)||2.55|
|PE Ratio (TTM)||57.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / This week cannabis stocks have seen a ton of big news. M&A activity, New Jersey's move toward legalization, and New York working toward it as well; investors ...
Cannabis sales have been soaring since legalization in Canada but there's a lot more to come as the industry continues to change. Here are some of the hottest cannabis stocks right now that are positioning themselves to take advantage of the fast-growing retail market. Westleaf has been making a name for itself in the industry as it looks to become a dominant force in the retail market.
TLRY Is Too Rich for Jefferies—What about Other Cannabis Players?(Continued from Prior Part)Digging deeper Now let’s look at each individual cannabis stock and how it compares to the peer median forward EV-to-EBITDA (enterprise value-to-EBITDA)
TLRY Is Too Rich for Jefferies—What about Other Cannabis Players?(Continued from Prior Part)Valuation multiplesNow, let’s look at the valuation multiples of cannabis sector players of (HMMJ) to gauge the general level of the industry’s
Cannabis Stocks: ACB, HEXO, OGRMF, and CGC Are in the GreenGainers Today, Aurora Cannabis (ACB) was leading the gains among cannabis players, rising 3.2% as of 11:45 AM ET. HEXO (HEXO) wasn’t far behind with a gain of nearly 2.6%, followed by
The Cannabis industry is the new ''gold rush'', with the legal marijuana market estimated to grow to $146 billion by 2025. Marijuana stocks can offer great returns but can be highly unpredictable and risky. ''Pick & shovel'' plays are companies that provide essential goods and services to an industry without being direct participators, they offer an alternative way to participate in the financial returns of the growing cannabis industry.
MONCTON, NB , March 4, 2019 /CNW/ - Organigram Holdings Inc. (TSX VENTURE: OGI) (OGRMF), the parent company of Organigram Inc. (together, the "Company" or "Organigram"), a leading licensed producer of cannabis is pleased to provide the following corporate updates. Organigram has appointed Helen Martin as Corporate Secretary. Ms. Martin has been with the Company since November 2018 acting in the capacity of Vice-President, Strategic Initiatives and Legal Affairs.
Will Marijuana Be a Key Issue in 2020 Elections?(Continued from Prior Part)Why legalize cannabis?Upon announcing the reintroduction of the Marijuana Justice Act, Senator Cory Booker took to the social media to explain his reasons for proposing
OrganiGram Was the Biggest Cannabis Gainer Last WeekCannabis sectorOverall, the cannabis sector broadly ended in the positive territory for the week ending March 1—compared to the closing on February 22. The Horizons Marijuana Life Sciences ETF
Martha Stewart Gives Cannabis Stocks a TailwindCannabis stocks riseJust as we were set to close the month, the cannabis sector got a tailwind with news of US icon Martha Stewart partnering with cannabis giant Canopy Growth (WEED)(CGC).The Horizons
CORAL GABLES, FL / ACCESSWIRE / February 28, 2019 / The marijuana stock market has seen a bullish run over the course of the past few years, namely because companies in the industry have demonstrated their ability to implement innovation and creative approaches to their product offerings. Perhaps the most significant threshold the cannabis industry crossed was shifting public opinion so that society now views cannabis with a more favorable sense of understanding. Given that the majority of U.S. states have put forth legislation in favor of legalization, more companies in the cannabis sector are seeing success.
PI Financial Raised OrganiGram's Target PriceHigher target price On February 26, PI Financial raised its target price on OrganiGram (OGRMF) (OGI) to 12 Canadian dollars from 10 Canadian dollars. On February 27, the stock closed ~2.2% lower at 8.3
Why OrganiGram Is Attracting So Much AttentionOrganiGramOrganiGram (OGRMF) has been in the news lately for several reasons. The company is now covered by investment firm Jefferies, which gave the stock a “buy” recommendation along with Aurora
Key for Investors: Watching Cannabis Sector Valuations(Continued from Prior Part)Five other stocksIn this part, we’ll discuss the forward EV-to-EBITDA multiple for the other five cannabis stocks that we didn’t discuss in the previous part.
MONCTON, NB, Feb. 27, 2019 /PRNewswire/ - Organigram Holdings Inc. (TSX VENTURE: OGI) (OGRMF), announced today that the Company has elected to exercise its right under the indenture (the "Indenture") governing the Company's 6.0% convertible unsecured debentures due January 31, 2020 (the "Debentures") to convert (the "Conversion") all of the principal amount outstanding of the remaining Debentures on April 1, 2019 (the "Conversion Date") into common shares of the Company (the "Common Shares").
With so many new legal initiatives occurring throughout the industry in North America and beyond, these legislative efforts have allowed for more favorable opinion surrounding cannabis. Some studies have shown that the global cannabis industry is potentially worth as much as $50 billion which should continue to grow as we move toward the future. ), OrganiGram Holdings Inc (OGRMF) (OGI), HEXO Corp (HEXO), and Charlotte's Web Holdings Inc (CWBHF) are four marijuana stocks getting a boost from today's headlines.
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
Weekend Unlimited (CSE: POT) (CSE: POT.CN) (OTCQB: WKULF) has inked a letter of intent with PPK LLC to acquire vertically-integrated operations in Wilburton, Oklahoma. "We have strategically targeted Oklahoma, the state has moved faster than any other state in embracing the industry, and we see the business-friendly market translating into a consumer-friendly environment where the […]The post Cannabis Stock News Daily Roundup February 26 appeared first on Market Exclusive.
MONCTON, NB, Feb. 26, 2019 /PRNewswire/ - Organigram Holdings Inc. (TSX VENTURE: OGI) (OGRMF), the parent company of Organigram Inc. (the "Company" or "Organigram"), a leading licensed producer of cannabis is pleased to announce it has signed a letter of intent with the Société québécoise du cannabis (SQDC). This agreement solidifies the Company's position as a true national player in Canada's legal adult use recreational cannabis marketplace.
CORAL GABLES, FL / ACCESSWIRE / February 25, 2019 / Perhaps what is most interest about marijuana stocks is how, despite years of condemnation and uncertainty, companies invested in the cannabis sector ...