|Bid||29.98 x 0|
|Ask||30.05 x 0|
|Day's Range||29.89 - 30.88|
|52 Week Range||6.58 - 44.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.83|
Bruce Linton is the CEO of Canopy Growth Corporation (TSX:WEED), which has recently grown to a market capitalization of CA$6.09B. Understanding how CEOs are incentivised to run and grow theirRead More...
SMITHS FALLS, ON , April 20, 2018 /CNW/ - Tweed Inc. ("Tweed") is proud to announce the funding and creation of the Tweed Collective – an initiative founded on the principles of progress, growth, and community development. Over the next 4 years, the Tweed Collective will invest $20 million in social, responsible initiatives that will transform where and how we live in meaningful ways. From the start, Tweed was founded on the belief that cannabis can be a force for good.
LIVEWELL FOODS CANADA Inc. ("LiveWell" or the "Company") is pleased to announce that the Company’s management team will attend the GMP Securities 2018 Cannabis Conference being held on April 19, 2018 at the Ritz-Carlton Hotel in Toronto.
Canopy Growth Corporation and Niagara College Partner to Expand Opportunities in Canada's Cannabis Industry
/NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/. OTTAWA, April 17, 2018-- LIVEWELL FOODS CANADA Inc. is pleased to announce that it has entered into ...
The cannabis sector remains hot for mergers and acquisitions as companies rush to capture a piece of the recreational cannabis market. Last week, Canopy Growth (WEED) announced that it had acquired Annabis Medical, an importer and distributor of medical cannabis in the Czech Republic. Last week, Cannabis Wheaton announced its acquisition of a licensed producer in Nova Scotia, Robinson’s Cannabis, which is constructing a 27,700-square-foot facility ahead of the legalization of recreational cannabis in Canada.
Last week, the big news that boosted optimism for the cannabis market came from the other side of the Canadian border. Republican senator Cory Gardner, from Colorado, issued a statement showing positive support from Donald Trump regarding Gardners’s concerns about Attorney General Jeff Sessions’s rescission of the Cole Memo. Recreational cannabis is legal in some US states, including Colorado.
Last week (ended April 13), overall market sentiment was positive, with the S&P 500 rising 2% and the TSX 30 gaining 44 basis points. The cannabis sector ended the week positively, breaking its losing streak.
NEW YORK, NY / ACCESSWIRE / April 16, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
Wrapping up a busy weekend: Canopy Growth doubles licensed production capacity, announces a strategic European acquisition
Canopy Growth Corporation announces acquisition of largest Czech medical cannabis company Annabis Medical
The legalized-marijuana movement will likely welcome the news Wednesday that two prominent former politicians are joining a cannabis company.
In recent weeks, we’ve seen some of the major cannabis stocks facing selling pressures, wiping off YTD (year-to-date) gains for most companies. Canopy Growth (WEED), one of the largest cannabis producers in terms of capacity, has fallen nearly 15% YTD. Let’s see how analysts’ ratings and price targets have changed over the last month.
The other four listed cannabis suppliers also rose yesterday after completing an agreement to supply cannabis to SAQ (Société des alcools du Québec). MedReleaf (MEDFF) rose 7.6% to 16.8 Canadian dollars but continued to have year-to-date losses of about 38%.
On April 11, Hydropothecary (HYYDF) stock surged 13.2% after it became the SAQ’s (Société des alcools du Québec) preferred non-medical cannabis supplier once non-medical cannabis becomes legal in Canada. The company’s press release stated that the agreement term extends to the first five years following legalization and has an option to extend for another year.
Hydropothecary Corp, Canopy Growth and Aphria Inc are among six companies that have signed agreements with Quebec's liquor board to supply the province with marijuana when Canada legalizes its recreational use this year, the companies said in separate statements on Wednesday. MedReleaf Corp, Aurora Cannabis and private equity firm Privateer Holdings-backed Tilray Canada are the other companies to sign the deal to supply the province's cannabis board, which will be created as a subsidiary of the liquor board to oversee marijuana sales.
Valens GroWorks creates Valens Farms subsidiary, commences expansion under joint development partnership
Canopy Growth completes three year supply agreement with the Société des alcools du Québec
Last week, in our series Cannabis Players and Their Business Combinations, we learned that some agribusiness companies (HMLSF), such as Aurora Cannabis (ACB) (ACBFF), Cronos Group (CRON), and MedReleaf (MEDFF), are extending their businesses via strategic partnerships.
In the week that ended on April 6, 2018, Beacon Securities analyst Vahan Ajamian upgraded cannabis stock Canopy Growth (WEED) to a “buy” from a “hold.” Ajamian also raised his target price to 37 Canadian dollars from 24.5 Canadian dollars.
Last week, the S&P 500 Index (SPY) ended up with a fall of 1.4%, and the TSX 300 Composite Index ended the week with a fall of nearly 1%.