Canopy Growth stock climbs on news of U.K. skin-care deal; Hexo names COO More Cannabis stocks were mostly higher Wednesday, as investors digested the latest deal in the sector, Canopy Growth Corp.’s acquisition of a U.K. skin care company. Story continues
Does Canopy Growth Look Attractive in May? More Canopy Growth: Analysts’ Views in May(Continued from Prior Part)Canopy Growth’s valuationCanopy Growth (WEED) (CGC) is one of the few stocks that has traded at premium valuation multiples compared to its peers like Aurora Cannabis (ACB), Aphria
SMITHS FALLS, ON and LONDON, May 22, 2019 /PRNewswire/ – Canopy Growth Corporation (WEED.TO) (CGC) (the “Company” or “Canopy Growth”) has finalized an all-cash transaction to acquire This Works for a purchase price of £43 million (CDN $73.8 million). Founded in 2004, This Works has cemented itself as a global leader in natural skincare and sleep
Big things are happening in the marijuana industry, and Canada is currently the epicenter of the action. Last year, our neighbor to the north became the first industrialized country in the world to green-light recreational cannabis, and it’s expected to generate $5 billion to $6 billion in annual sales within the next couple of years.
Aurora Cannabis to research CBD with mixed martial arts outfit UFC, Canopy names new CFO More Aurora Cannabis Inc. shares rose Tuesday, after the Canadian company said it has entered a multiyear, multimillion-dollar agreement with mixed martial arts organization UFC to research the effect of hemp-derived CBD products on athlete recovery and wellness.
Aurora to research CBD with mixed martial arts outfit UFC, Canopy names new CFO More Aurora Cannabis Inc. shares rose Tuesday, after the Canadian company said it has entered a multiyear, multimillion-dollar agreement with mixed martial arts organization UFC to research the effect of hemp-derived CBD products on athlete recovery and wellness.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Overall, the outlook of CGC stock is pretty simple. If an investor believes in cannabis, CGC stock remains the simplest play, as I’ve argued in the past. But with the CGC stock price still not too far from its highs, it’s worth remembering that an
Key Catalysts We are upbeat about Medtronic’s successful execution of growth strategies such as therapy innovation, globalization and increase in economic value. Combined with the demographics of an aging population, these positives opened up opportunities for the company, which should get reflected in the fiscal fourth-quarter results. Medtronic PLC Price and EPS Surprise Medtronic PLC
As a strategic partner of Agripharm, Canopy Rivers provided the capital to finance the build-out of Agripharm’s growing facilities in exchange for a long-term royalty interest subject to annual cash flow minimums. Canopy Rivers made its strategic investment in Agripharm in 2017, recognizing the strength of its extraction capabilities and its unique partnerships with Green House
Having long been an industry that existed behind the scenes, the cannabis industry is maturing at an extraordinary rate. Between mid-2017 and mid-2018, pot companies spent most of their efforts on securing funding for capacity expansion, and actually constructing (or acquiring) cultivation farms and processing facilities. Now, marijuana companies have turned their attention to the
But the biggest Canadian marijuana producer of them all has yet to announce its earnings results from the first quarter of calendar year 2019. Canopy Growth (NYSE: CGC) hasn’t revealed when its next quarterly update will be held, but it’s not very far in the future. While investors wait for the big company to report
Here is what investors need to know about cannabis investing and the first actively managed pot ETF. More (1:00) – Legal Cannabis Market Explosion: Growth Expectations (4:40) – AdvisorShares Pure Cannabis ETF: YOLO (12:25) – How Does YOLO Compare To ETFMG Alternative Harvest ETF (MJ)? (19:45) – How Should Investors Navigate The Volatility Of The
National Football League players may be a small step closer to being able to legally use cannabis to treat their pain. What Happened Related Links: Where Do The Major North American Sports Leagues Stand On Cannabis? © 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Context is important in this case. Many expected Aurora’s third-quarter numbers to be pretty bad. There was an overwhelming amount of data which suggested that the Canadian cannabis market had flat-lined in the early parts of 2019. Consequently, expectations were low heading into the print. 7 High-Yield REITs to Buy (Even When the Market Tanks)
Prominent investment funds and hedge funds sold these marijuana stocks in Q1 Today, there are 10 pot stocks listed on the NYSE or Nasdaq, one of which just IPOed last month. Of the remaining nine, three uplisted between late December and late February. That means just six big-name pot stocks have been available for Wall
In the words of the cannabis writer Bruce Barcott: “By embracing decriminalization, Biden takes what many in the drug reform community consider the coward’s way out … these half-steps leave law enforcement free to continue the racially biased policing tactics, using marijuana as a pretext to stop people of color as they go about their business.”
LONDON, ON , May 17, 2019 /CNW/ – Tweed, Canada’s leading cannabis brand has just arrived in London ! A local London licensee has collaborated with Alimentation Couche-Tard to bring the Tweed brand retail experience to the city, and we are proud to announce that our doors are now open! View photos Logo: Tweed (CNW
Still though, I remain cautious on Tilray stock. The company hit a major milestone by landing a partnership with Novartis AG (NYSE:NVS), the Swiss pharmaceutical company, late last year. That’s certainly been a positive catalyst, but after all the hype, investors need to see meaningful progress toward a more profitable future. A lot of the
Think BIG, a new brand of cannabis, is out to raise awareness for criminal justice reform — all while paying homage to hip-hop legend The Notorious BIG. The California-based social movement strives to promote art and creativity through the sale of recreational marijuana use. Think BIG Founder CJ Wallace and Co-Founder and President Willie Mack