|Bid||57.35 x 0|
|Ask||57.45 x 0|
|Day's Range||56.60 - 58.39|
|52 Week Range||20.85 - 76.68|
|Beta (3Y Monthly)||3.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
There were numerous political announcements shaping the industry last week, with a Michigan state board ruling that more than 60 medical cannabis dispensaries that had to close at the end of last year ...
In separate addresses, the governors of New York and New Jersey each said they’ll make legalization of recreational cannabis a priority for 2019, potentially opening up a new market with a combined population of close to 30 million. Perhaps more importantly for the future of the industry, U.S. Attorney General nominee William Barr said he’ll respect state marijuana laws even though he personally disapproves of legalization. It’s a far cry from his predecessor Jeff Sessions, who once told a Senate hearing that “good people don’t smoke marijuana” then rescinded an Obama-era policy that took a hands-off approach to the drug.
Two deals for two big Canadian marijuana producers were announced on the same day, and they hint as to why one of these marijuana stocks is the clear winner.
Cannabis Stock Roundup: CGC, HEXO, TLRY, and MoreCanopy Growth gets CIBC coverageIn the morning trading session at around 11:00 AM ET today, Canopy Growth (WEED)(CGC) was off to a positive start with the stock rising nearly 3.7%. The stock was
Cannabis investors may be witnessing the rare birth of an entirely new industry , and one Wall Street analyst said Friday three companies will emerge as the leaders of the new cannabis market. The Analyst ...
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
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)Canopy GrowthCanopy Growth (WEED) (CGC) has continued to deepen its roots in the United States with a recent announcement that could be a game changer for the company.
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)Aurora Cannabis Aurora Cannabis (ACB) stock tanked nearly 8.2% after the market closed on January 16 due to the company’s announcement that it would raise ~$250
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
ACB, TLRY, and APHA Are in the Red, but CGC Continues to GainCannabis stocks are falling Aurora Cannabis (ACB) was trading in the red as of 11:00 AM EST today after the company announced that it would be raising $250 million worth of capital through
Analysts' January Rating Updates for TLRY, CGC, and ACBThree major stocks With a lot of action expected to boost the sentiments of cannabis investors (HMMJ), three major cannabis stocks are off to a positive start in 2019. These three stocks are
Planet 13 Holdings Has Returned ~30% in January: What’s Next?(Continued from Prior Part)Valuation multiplePlanet 13 Holdings (PLTH) (PLNHF) is still in the growth phase of its business lifecycle. During this period, expenses will be on the higher
Mid-Day Movers in the Cannabis Sector: CGC, TLRY, ACB, and MoreMid-day moversAround mid-day today, the major cannabis stocks were broadly positive. The Horizons Marijuana Life Sciences ETF (HMMJ) was up almost 1% around noon. Let’s look at how
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
There is no denying that 2018 was a major year for the legal cannabis industry. Last year, legal cannabis broke new ground in many ways. Several U.S. states legalized medical or recreational marijuana, as did Canada.
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