|Bid||62.81 x 0|
|Ask||62.99 x 0|
|Day's Range||61.69 - 66.02|
|52 Week Range||23.88 - 76.68|
|Beta (3Y Monthly)||4.26|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||69.64|
The medical marijuana firm jumped 3% midday, despite its revenue of $62.35 million missing Investing.com estimates of $66 million.
Two of the biggest Canadian marijuana companies provided quarterly updates last week. Their results could be good news for other marijuana stocks, too.
Which stock wins in a battle between a top Canadian marijuana grower and a big alcoholic beverage company with a big bet on marijuana?
fourth-quarter earnings largely were in line with analysts' forecasts, but the soda and snacks maker said 2019 earnings would fall as the company boosts investments in some of its key consumer products. rose 1.82% after the chip company posted stronger-than-expected fourth-quarter earnings and said sales for its current financial year would top forecasts as key markets in China recover from their current slump.
Cannabis stocks were mostly higher Friday, as investors digested earnings from Canopy Growth Corp. and the news that Aphria Inc.’s probe of acquisitions in Latin America found certain board members had conflicts.
The largest pot company by market value, Canopy Growth Corp., reported a 283% increase in quarterly revenue as marijuana became legal in Canada, but earnings were slammed by paper losses, according to a securities filing late Thursday evening.
This top marijuana stock reported sales grew at a breakneck pace last quarter, but that may only be the beginning.
Canopy Growth Corp (NYSE: CGC), Canada's largest cannabis producer, said it had improved retail availability as it reported a surge in revenue from the country's newly legal recreational market. The Ontario-based company reported revenue of C$83 million, a 282 percent increase, in its third quarter 2018 results in largely driven by the market for recreational marijuana, which became legal in October 2018. The company sold just more than 22,000 pounds of cannabis products during the quarter, which ended December 31.
Canopy Growth Corp. wants to remain the world’s largest legal pot producer, and to hear co-Chief Executive Bruce Linton tell it, has a detailed plan to stay there.
Canopy Growth reported third-quarter earnings that missed some estimates. But Canopy Growth stock rose Friday as did most marijuana stocks.
Canopy Growth Corp shares closed Friday's session up 3.06% to $47.53 after the Canadian pot company reported a 283% increase in fiscal third-quarter revenue to C$83.1 million. While the company failed to meet analysts' bottom-line expectations due to an accounting quirk that chopped C$185.
After a fantastic Q3 performance, Bruce Linton paints a glowing picture of what's to come for the big marijuana company.
How Cannabis Stocks Are Doing as This Week Wraps UpCannabis stocks are upAs of February 15, the overall cannabis sector is up overall, lifted by Canopy Growth’s (WEED) (CGC) earnings and Aphria’s (APHA) special committee findings related to
XPO stock tanked a whopping 12.7 percent after the transportation company reported disappointing fourth-quarter results. Canopy Growth CGC — Cannabis producer Canopy Growth rallied 3 percent Friday after it reported third-quarter revenue rose 282 percent over the last year in one of Wall Street's first looks into the legal recreational marijuana market in Canada. PepsiCo PEP – Shares of Pepsi rose nearly 3 percent after the beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates.
Aphria Reports Committee's Findings after Short Seller CriticismSpecial committee findingsThis morning, Aphria (APHA) released a report on its special committee’s review of its Latin American deal that came under criticism from short-seller