|Bid||3.2800 x 0|
|Ask||3.2900 x 0|
|Day's Range||3.2600 - 3.4000|
|52 Week Range||2.1900 - 10.2400|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of Neptune Wellness Solutions Inc. shot up 11% toward a record high in premarket trade Wednesday, after the Canada-based extraction and purification company announced a 3-year agreement with cannabis company Green Organic Dutchman Holdings Ltd. . Under terms of the agreement, Green Organic will supply more than 230,000 kilograms of cannabis and hemp biomass to Neptune, which will extract and purify cannabinoids and terpenes, to be transformed into organic finished products. The first shipment of biomass is expected to be received in September 2019. The deal comes less than a week after Neptune announced a 3-year extraction and purification agreement with cannabis company Tilray Inc. , that sent Neptune's stock to a record close on Friday. Neptune's stock has rallied 39.3% over the past three months while Green Organic shares have shed 20.5%, the ETFMG Alternative Harvest ETF has lost 11.0% and the S&P 500 has gained 3.4%.
Cannabis stocks traded broadly higher Tuesday, as an upbeat industry research note helped provide a welcome reprieve from the string of losses resulting from concerns over regulatory scrutiny and general stock market weakness.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
How Cresco Labs Stacks Up against Other Cannabis PlayersCresco LabsCresco Labs (CRLBF) is a multistate cannabis company that has presences in both the adult use and medical cannabis markets. The company has its own production and distribution
Weekly Update: Cannabis ETFs Closed with Losses amid Trade War(Continued from Prior Part)Cannabis sectorThe cannabis sector has come under pressure this month. Last week, the Horizons Marijuana Life Sciences ETF (HMMJ) and the ETFMG Alternate
Aurora Cannabis Inc. shares reversed their early losses to move higher in afternoon trade Wednesday, as investors shrugged off the company’s fiscal third-quarter results that showed losses growing at a faster-than-expected clip.
GrowGeneration (OTCQX: GRWG) has purchased the assets of GreenLife Garden Supply, including two locations in Maine and one in New Hampshire. The acquisition brings the company's total retail and warehouse locations to five that services the growing number of commercial cultivators in the New England market. Target Group (OTCQB: CBDY) subsidiary Canary Rx has submitted a site […]The post Cannabis Stock News Daily Roundup May 15 appeared first on Market Exclusive.
Green Organic Dutchman's Losses Narrow as Revenue Rises in Q1TGOD Q1 earningsGreen Organic Dutchman Holdings (TGOD) (TGODF) reported its first-quarter earnings yesterday after the markets closed. It reported revenues of $2.4 million in the quarter,
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) has signed a distribution agreement with Mediakos UG haftungsbeschraenkt to launch its premium hemp CBD brand CannabiGold in Germany. Under the agreement signed by TGOD subsidiary HemPoland, Mediakos will be the exclusive distributor of CannabiGold in the German market. Mediakos, spun out of Aponeo.de, is […]The post TGOD Strikes Distribution Deal to Launch Hemp CBD Brand in Germany appeared first on Market Exclusive.
Cannabis Sector Weekly Update: Sell-Off amid Market WeaknessCannabis weekly updateLast week, cannabis ETFs fell for the second consecutive week. The Horizons Marijuana Life Sciences ETF (HMMJ) saw a negative price action of 3.1%, while the ETFMG
The first stories trumpeting the business opportunities in marijuana started popping up around 2016, as ballot initiatives that year legalized recreational marijuana in California, Nevada, Maine and Massachusetts. Most notably, $4 billion marijuana leader Cronos Group (CRON)(CA:CRON) has plunged more than 40% from its recent highs. Yes, there are also a bunch of microcap marijuana stocks out there that are incredibly risky.
Cannabis stocks were mixed on Wednesday, pressured by a third day of tensions in broader equity markets amid trade conflict between the U.S. and China, as investors await the next crop of earnings from the sector next week.
Curaleaf Holdings (CSE: CURA) (OTCQX: CURLF) announced that Dan Foley has been appointed as vice president of finance and investor relations, effective May 6. He will report directly to Curaleaf's CFO Neil Davidson and will also assist in corporate finance and strategic planning matters. Trackloop Analytics (CSE: TOOL) (FRANKFURT: B2IP) (OTCQB: TLOOF) plans to unveil its latest delivery track and trace software […]The post Cannabis Stock News Daily Roundup May 9 appeared first on Market Exclusive.
Key Cannabis Sector Updates: Price Action and Analyst Ratings(Continued from Prior Part)Cannabis updateLast week, Emerald Health Therapeutics (EMH) closed with losses of 9.4%. The company released its fourth-quarter and full-year 2018 earnings last
Key Cannabis Sector Updates: Price Action and Analyst RatingsCannabis stocksCannabis ETFs traded on a negative note last week. The Horizons Marijuana Life Sciences ETF (HMMJ) fell 1.2%, while the ETFMG Alternate Harvest ETF (MJ) gained 0.33%. The
Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) is opening its 14th Florida dispensary in Cape Coral's South Cape business district on May 10, subject to the state's Health Department approval. This will be the first medical facility in Cape Coral and Liberty's second dispensary to open in Lee County. Cannabis One Holdings (CSE: CBIS) has completed […]The post Cannabis Stock News Daily Roundup May 7 appeared first on Market Exclusive.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCMKTS:TGODF) is opening its second legal cannabis retail store in Jamaica through its partner Epican Medicinals. Located on Montego Bay's "Hip Strip", the location will open for business on May 4, the company said in a statement. The Montego Bay dispensary, located on the main tourist shopping […]The post TGOD Opening Second Legal Cannabis Retail Store in Jamaica appeared first on Market Exclusive.
Panaxia Pharmaceutical Industries Israel and pharmaceutical company Rafa signed a collaboration agreement with PlantEXT Ltd., an Israeli-Canadian medical cannabis company. Under the agreement, the parties will co-develop the next generation of medical cannabis products intended for patients suffering from Inflammatory Bowel Disease, and who are authorized to receive treatment with medical cannabis. Khiron Life Sciences (TSXV: […]The post Cannabis Stock News Daily Roundup May 1 appeared first on Market Exclusive.
VIVO Cannabis (TSX-V: VIVO) (OTCQX: VVCIF) reported its fourth quarter and 2018 annual financial and operating results. The company had net sales of C$9.7 million for 2018, versus net sales of C$0.9 million for 2017. Net revenue for the fourth quarter was C$5.8 million, up from C$0.3 million in the same quarter of 2017. The Green Organic Dutchman […]The post Cannabis Stock News Daily Roundup April 30 appeared first on Market Exclusive.
Cannabis Updates: Price Action, Ratings, and More(Continued from Prior Part)Cannabis sectorLast week, Benchmark initiated coverage on Charlotte’s Web Holdings (CWBHF) (CWEB) with a “buy” rating and a $25 price target. The stock has received
Cannabis Updates: Price Action, Ratings, and MoreCannabis spaceThe cannabis space was mostly positive last week. The Horizons Marijuana Life Sciences ETF (HMMJ) and the ETFMG Alternate Harvest ETF (MJ) gained 5.2% and 4.2%, respectively, while the
Cannabis stocks were mostly higher on Monday, with Canopy Growth Corp. enjoying gains after two bullish analyst notes and CannTrust Holdings Inc. falling on news it plans to issue another $200 million in stock.
Cannabis Updates: New Listings, Price Action, and Ratings(Continued from Prior Part)Cannabis The cannabis sector (HMMJ) closed in the red last week. Let’s see how analysts are rating some of the major cannabis players and analyze the changes last
Cannabis Updates: New Listings, Price Action, and RatingsCannabis updateThe cannabis sector showed some weakness last week, and the Horizons Marijuana Life Sciences ETF (HMMJ) lost 3.0% while the ETFMG Alternate Harvest ETF (MJ) lost 3.4%.
Today we will run through one way of estimating the intrinsic value of The Green Organic Dutchman Holdings Ltd. (TSE:TGOD) by taking the expected future cash flows and discounting them to today's value. This is done using the...