|Bid||0.0000 x 0|
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|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
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The week ending September 21 was broadly positive for the cannabis sector. The Horizons Marijuana Life Sciences ETF (HMMJ) rose 11.6% from its closing on September 14 to its closing on September 21. The Emerging Marijuana Growers Index ETF (HMJR) rose 1.7%, while the ETFMG Alternative Harvest ETF (MJ) rose 10.4% during the same period.
The Company's proprietary software further optimized the compliance process through comprehensive data collection and recordkeeping. VANCOUVER , Sept. 24, 2018 /CNW/ - Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt : 7FM2), a leading developer of waste digesters for food and cannabis waste, today reported positive results from the optimization of the Cannavore™ cannabis waste processing units with Aurora Cannabis Inc. ("Aurora") (ACB.TO).
Nike, hitting multiple all-time highs with its stock price, is this week's champ. People betting against marijuana stocks like Tilray are the chumps.
Aurora Cannabis to Host Fourth Quarter 2018 Investor Conference Call on September 25, 2018
With the previous presidential administration’s frankness on the matter, marijuana has become more blasé. Naturally, marijuana stocks have also increased in popularity, where we have more choices today than was previously thought possible. For instance, some of the top marijuana stocks are levered toward medical cannabis.
CORAL GABLES, FL / ACCESSWIRE / September 21, 2018 / Marijuana stocks have remained on a high during the month of September and pre market trading has a number of these cannabis stocks heading higher. Traders have flocked to medical-marijuana producers like Tilray (TLRY), for instance, after the company won approval from the Drug Enforcement Administration to import a cannabis product drug into the U.S. for a clinical trial. With this being the case, there are multiple cannabis companies to look at as the October date in Canada comes closer.
Cannabis Legalization: Will the US Follow Canada's Lead? The cannabis market potential in the US is perhaps the most appealing of all to cannabis companies. Aurora Cannabis (ACB) (ACBFF) in its April 2018 investor presentation showed that the estimated market potential for medical cannabis in the US exceeded the markets in 15 countries where medical cannabis laws were pending approval at the federal level.
Cannabis Legalization: Will the US Follow Canada's Lead? The cannabis sector (HMMJ) in Canada has elicited hopes that the US may also move towards legalizing cannabis at some point. Currently, cannabis is still not legal at the federal level, but some states have ruled to legalize cannabis for medical purposes, while some states have legalized recreational use as well.
NEW YORK, NY / ACCESSWIRE / September 21, 2018 / Wall Street closed up on Thursday as upbeat economic data and strong corporate earnings helped buoy equities. Unemployment dropped by 3000 to a seasonally ...
Canadian medical marijuana company Aleafia Health Inc. has been added to the Horizons Marijuana Life Sciences exchange-traded fund , the company said Friday. HMMJ is the first and biggest ETF offering exposure to the North American cannabis market with holdings that include Canadian players Aurora Cannabis Inc. and Canopy Growth Corp. . The ETF has gained 37% in 2018 as excitement builds ahead of Canada fully legalizing cannabis on Oct. 17. Aleafia is expecting to reach growing capacity of 38,000 kg of cannabis flower in 2019. The company has 50,000 individual patients using medical marijuana and on Thursday announced a partnership with Cronos Group Corp. on a study of the substance as a treatment for insomnia. Shares have gained 193% in 2018, while the S&P 500 has gained 9.6%.
On September 20, Tilray (TLRY) stock sank 17.6% to $176.40, tapping the brakes after the frenzy that we’ve observed over the past couple of days—at least for now. Canopy Growth (WEED)(CGC) rose ~6.2%, Cronos Group (CRON) gained 8.4%, and Aurora Cannabis (ACB)(ACBFF) gained 12.3%. Time and again, we’ve seen the market become excited about in-play events—cannabis legalization in this case.
Canada-based Aurora Cannabis Inc. is eyeing listing its shares on a "major" U.S. exchange in October, according to a report in the Financial Post Thursday. Chief Corporate Officer Cam Battley told the Post that it wanted give more institutional investors in the U.S. the ability to take positions in Aurora, because not all of them are able to trade over-the-counter stocks, where the cannabis company currently trades in the U.S. Aurora is expected to release earnings next week. Other Canada-based cannabis firms such as Tilray Inc. and Canopy Growth Corp. have also listed on U.S. exchanges. Aurora stock is up 6% Wednesday as the S&P 500 index gained 0.8%.
HENDERSON, NV / ACCESSWIRE / September 20, 2018 / Cannabis and Biotech companies have been receiving increased attention from the street as of late. One particular company that has caught significant attention ...
In the previous parts of this series, we discussed the EV-to-sales (enterprise value-to-sales) multiple, which gave us a good understanding of where cannabis stocks such as Tilray (TLRY), Canopy Growth (CGC) (WEED), Aurora Cannabis (ACBFF), and others stand. However, investors often use multiple indicators to determine whether a stock is overvalued.
Cannabis stocks (HMMJ) have soared in recent weeks in anticipation of October 17, the date when recreational cannabis sales are slated to begin in Canada. Some of the stocks have grown exponentially, challenging the rationality of such movement. For example, Tilray (TLRY) has soared over 1,000% as of September 19 since its IPO (initial public offer) date in July 2018.
US-listed cannabis stock Tilray (TLRY) soared to a new high of $253.80, gaining more than 60.0% on September 19. Tilray stock has risen ~1,390.0% since its IPO price of $17.00.
Many investors have heard of dividend aristocrats, stocks which have increased dividends for at least 25 straight years. Dividend kings tend not to generate the publicity of more popular stocks. Many of these stocks also maintain a dividend yield above the S&P average of 1.9%.
A very interesting microgrid company that we have discovered is CLSK (CleanSpark, Inc.). CLSK provides the Best-in-Class microgrid solution to the cannabis industry. If this is your first time hearing about CLSK, starting doing your own due diligence right away.
What started last year with Constellation Brands (STZ) getting involved with the likes of Canopy Growth (CGC) has sparked a firestorm of additional interest from other companies. Furthermore, it has been reported that alcohol company, Diageo (DEO) is showing interest and speaking with 3 other cannabis companies for a potential entry into the space. Integrated Cannabis Company is trading nearly 100% higher than it was a month ago.
WKN: A1C4WM), today announced that it has completed its previously announced distribution of Australis shares and warrants (the "Distribution"). In accordance with the terms of the Distribution, eligible Aurora shareholders were paid one unit of Australis for every 34 Aurora shares outstanding as at August 24, 2018 (the "Record Date). Each unit consists of one common share and one share purchase warrant of Australis.
Cannabis stocks were mostly higher again, led by Tilray Inc., which rallied sharply on news that the U.S. Drug Enforcement Administration has approved its plan to import a marijuana product and test its efficacy in treating a neurological disorder that affects millions of Americans.
Cannabis stocks are soaring this week. Yahoo Finance's Seana Smith, Dion Rabouin, and Maylan Studart talk with Cassandra Farrington, CEO of Marijuana Business Daily about which areas of this fast growing sector are here to stay.