|Bid||0.00 x 1200|
|Ask||7.10 x 1000|
|Day's Range||5.60 - 5.97|
|52 Week Range||4.75 - 10.91|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
If you own shares in Origin Agritech Limited (NASDAQ:SEED) then it's worth thinking about how it contributes to the...
If you want to know who really controls Origin Agritech Limited (NASDAQ:SEED), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, Read More...
Today, Wayland Group’s (MRRCF) board announced that the company has started the process of exploring various strategic alternatives including a spin-off and a European listing of its international operations to enhance shareholder value and realize the full potential of the company’s international asset portfolio and its domestic assets in Canada. Although Wayland’s board is convinced of the company’s current strategy, they believe that the company’s current stock price, which has lost 62.6% of its value since the beginning of this year, doesn’t reflect the actual worth of Wayland’s global portfolio.
In week 50, the majority of the cannabis stocks were in negative territory. Of the nine stocks that we have considered for our analysis, only three companies gave positive returns, while the remaining six companies’ stock prices have declined.
Earlier in this series, we saw that cannabis stocks’ (SEED) forward EV-to-sales multiples were trading at an all-time low, which was confirmed by the EV-to-EBITDA multiple in the following chart.
Cannabis industry ETFs are designed for those investors who don’t have the capacity to hold many stocks but are interested in diversifying within the cannabis sector.
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).
Curaleaf Holdings (LDVTF) has entered into a few agreements for the expansion of its presence, and it’s also achieved a few milestones this year. We’ll discuss some of the company’s key developments in 2018 in this article.
This ETF focuses on North American publicly listed life sciences companies with significant business in the cannabis industry. The fund has operated since April 2017, and its market capitalization is 785.9 million Canadian dollars as of November 26. The price decreased ~2.9% last week and ~4.6% in 2018 year-to-date to a closing price of 18.05 Canadian dollars on November 23. ETFMG Alternative Harvest ETF (MJ)
MedMen (MMNFF) has three cultivation and production factories in Florida, Nevada, and New York. A new cultivation and production factory is under construction in California. These factories focus on the commercialization of cannabis as well as research and development of new strains and cultivation techniques.
In the earlier parts of this series, we discussed EV-to-sales valuation multiples for some of the cannabis stocks (SEED). However, to get a better understanding of whether the cannabis sector is in the overbought or oversold territory, we’ll look at more than one valuation multiple. In this article, we’ll discuss how the EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) has changed over the last month.
In this article, we’ll look at other sales catalysts for cannabis producers (SEED) such as Canopy Growth (WEED) (CGC), Aurora Cannabis (ACB) (ACBFF), and Aphria (APHQF).