More From Anjana Viswanathan
Cronos Group (CRON) is one of the most popular Canadian cannabis companies that is set to become a leader. The company involves in the production and sale of marijuana and the sub-products obtained from marijuana with facilities located across five continents. Moreover, the company was set up in 2012, with tobacco company Altria Group (MO) […]
Aurora Cannabis (ACB) is one of the major licensed Canadian cannabis growers. Established in 2006, the company is a pioneer in growing licensed marijuana.
Innovative Industrial Properties (IIPR), the first real estate investment trust in the medical marijuana segment, used $17 million to buy a cannabis cultivation facility in Florida. IIPR buys and rents industrial warehouses in the cannabis sector. More about the deal On October 23, 2019, IIPR bought a 120,000-square-foot property with five-building cultivation establishment for $17 […]
Yesterday, the huge Canadian cannabis grower Hexo (HEXO) declared its target to achieve a private placement worth $70 million Canadian dollars. This funding is in the form of convertible debentures. Apart from this, Hexo also delayed the release of its Q4 2019 earnings for October 28. The company cited the reason that it required additional […]
A recent Gallup poll data found that nearly 66% of Americans support making cannabis legal. However, this figure was the same as in 2018. This suggests a standstill in the rise in support of cannabis legalization. Moreover, nine states will be voting in 2020 on measures to allow cannabis for recreational or medical use. The […]
Established in 2014, Tilray is a massive medical marijuana producer and a major global provider of cannabis products through a variety of partnerships.
Analyst Price Target
Recently, along with many of its cannabis peers, Tilray (TLRY) stock has seen a fall in its target price. Let’s take a closer look.