|Bid||59.26 x 0|
|Ask||59.31 x 0|
|Day's Range||58.14 - 59.35|
|52 Week Range||20.85 - 76.68|
|Beta (3Y Monthly)||3.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||64.47|
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)A valuation comparison In the previous article, we discussed the cannabis industry’s median EV-to-EBITDA (enterprise value-to-EBITDA) multiple. In this
Tilray Acquires Natura Natural Holdings to Expand Its CapacityAnother acquisition On January 22, Tilray (TLRY) entered into a definitive agreement to acquire Natura Natural Holdings to expand its production capacity. The acquisition will provide
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)Forward EV-to-EBITDA In continuation of our discussion about the valuation multiples in the cannabis industry (MJ), let’s now delve into another
Mid-Day Cannabis Update: APHA, CGC, TLRY, and OthersHow are cannabis stocks doing? On January 22, the cannabis sector had a mixed start. Some major cannabis companies rose, while other companies fell around mid-day. The Horizons Marijuana Life
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)Comparing with the median Let’s take a look at the first four of the nine stocks we’re taking into consideration in this series and consider the
Cannabis Players' Valuations: Which Stocks Look Cheap in January?(Continued from Prior Part)EV-to-salesIn continuation of our efforts to find out which cannabis stocks look the cheapest in January, let’s take a look at the industry average
Cannabis Players' Valuations: Which Stocks Look Cheap in January?ValuationsAs we near the end of the first month of 2019, it’s time to look at the valuation multiples of cannabis stocks and determine which ones look cheap.In this series, we’ll
Charlotte’s Web Holdings Stock Has Already Risen ~18% in JanuaryStock performance On January 18, Charlotte’s Web Holdings (CWBHF) stock closed at $13.04, which represents ~1.88% growth from its prior-day close of $12.80. Charlotte’s Web
How Cannabis Stocks Fared Last WeekCannabis sector The ETF Horizons Marijuana Life Sciences (HMMJ) rose 22 basis points between January 11 and January 16. However, the Horizons Emerging Marijuana Growers Index (HMJR) slid 3.6% over the same period.
The US pet industry expenditures are estimated at USD 72.13 billion for 2018 according to the American Pet Products Association and the global pet care market is expected to reach USD 202.6 billion by 2025. Seeing the way of the future, in August 2018 Canopy Animal Health, a division of Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC) that focuses on healthcare products for companion animals, received approval from the Veterinary Drug Directorate to research the possible therapeutic effects of cannabidiol on anxiety.
Canopy Rivers Inc. (the “Company” or “Canopy Rivers”) (RIV.V) is pleased to announce it has completed an equity investment in 10663522 Canada Inc., or “Herbert” (“Herbert”), a unique brand platform that focuses on the adult-use cannabis beverage and edibles market. Canopy Rivers subscribed for C$1,500,000 of preferred shares in Herbert, and received incremental warrants entitling the Company to increase its economic interest in Herbert under certain circumstances, as well as other governance-related rights. “Herbert represents an opportunity for Canopy Rivers to be invested at a very early stage in a company focused on the adult-use cannabis beverage and edible product segment,” said Narbe Alexandrian, President of Canopy Rivers.
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 ...
UK presence positions Spectrum to lead in a key emerging market. SMITHS FALLS, CANADA, OXFORD, UK, TORUŃ, POLAND, Jan. 21, 2019 /PRNewswire/ - Canopy Growth Corporation (WEED.TO) (CGC) ("Canopy Growth" or the "Company") is pleased to update key European progress in the UK and Poland where its medically-focused business Spectrum Cannabis continues to build a sophisticated, pan-European cannabis production and distribution network serving the needs of physicians and their patients throughout the continent.
UK presence positions Spectrum to lead in a key emerging market. SMITHS FALLS, CANADA , OXFORD, UK , TORUŃ, POLAND , Jan. 21, 2019 /CNW/ - Canopy Growth Corporation (WEED.TO) (CGC) ("Canopy Growth" or the "Company") is pleased to update key European progress in the UK and Poland where its medically-focused business Spectrum Cannabis continues to build a sophisticated, pan-European cannabis production and distribution network serving the needs of physicians and their patients throughout the continent.
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 ...
Premier Health Group (OTC:PHGRF) (CSE:PHGI), HEXO Corp (OTC PINK: HYYDF), Canopy Growth Corp (CGC) (WEED.TO), and Cronos Group Inc (CRON) are for pot stocks worth keeping tabs on as we close out this week. Premier Health Group (OTC:PHGRF) (CSE:PHGI) has seen impressive gains during the month of January, as the cannabis sector has garnered significant notoriety, as well as a major increase in public support. Earlier this week, Premier Health Group (OTC:PHGRF) (CSE:PHGI) announced that as part of its international expansion strategy, it has entered into a strategic partnership with China'a 360 Health, a healthcare subsidiary of 360 Security Technology.
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.