Acreage Holdings Inc
Planet 13 Holdings Has Returned ~30% in January: What’s Next?
As of January 15, Planet 13 Holdings (PLTH) (PLNHF) was trading at 1.94 Canadian dollars, which represents a rise of 30.2% since the beginning of 2019.
Marijuana Legalization: House Passes SAFE Act in US
Yesterday, the House passed the Secure and Fair Enforcement Banking Act, which aims to reduce cash transactions for legitimate marijuana businesses.
Will Santa Claus Rally Boost Cannabis Stocks?
On December 26, a Santa Claus rally seems to be in full swing. This effect pushed the S&P 500 (SPX) and Nasdaq Composite Index (COMP) to record highs.
Acreage Holdings and Trulieve Cannabis Posted Strong Performances
Despite the weakness in the broader equity market last week, with the S&P 500 Index falling 0.8%, most cannabis stocks delivered positive returns.
Acreage Holdings Posts Disappointing Results in Q1 2020
Acreage Holdings’ first-quarter pro forma revenue grew 65% YoY (year-over-year) to $37.6 million. The revenue beat analysts’ estimates of $34.9 million.
Green Organic Dutchman’s Production Partner Gets Denmark License
Today, The Green Organic Dutchman Holdings (TGOD)(TGODF) announced that its joint-venture production partner, Knud Jepsen, secured initial cannabis business authorization from the Danish Medicines Agency.
Why Canopy Growth Acquired BioSteel Sports Nutrition
On October 2, Canopy Growth (CGC) announced its purchase of a 72% stake in BioSteel Sports Nutrition. CGC stock closed with a gain of 1.6% yesterday.
Planet 13 Inks Deal with Mike Tyson’s Cannabis Venture
Today, Planet 13 Holdings (PNTH) (PLNHF) announced that it had inked a purchase agreement with Tyson Ranch, which is owned by boxer Mike Tyson.
Acreage: Analysts Lower Targets after Q3 Earnings
Acreage Holdings (ACRG)(ACRGF) reported its third-quarter earnings after markets closed on November 12. Here’s how analysts have reacted since.
Why Planet 13 Holdings Stock Rose over 9% on February 28
On February 28, Planet 13 Holdings announced that the company has started construction on the coffee shop and bistro/pizzeria at its SuperStore in Nevada.
Cannabis Stocks Mixed a Day after Cronos Group’s Earnings
Cronos Group (CRON) reported its earnings yesterday, and the stock sank about 8% after the release.
Acreage Holdings: Analysts Weren’t Pleased after Disappointing Q1
Investors and analysts weren’t pleased with Acreage Holdings’ (OTCMKTS:ACRGF) results for the first quarter of 2020. The company posted another EBITDA loss.
Could Acreage Holdings’ Q1 Earnings Boost Its Stock?
Acreage Holdings (OTCMKTS:ACRGF) will likely report its results for the first quarter of fiscal 2020 on Friday before the market opens.
Acreage Holdings’ Q4 Results Dragged Its Stock Down
Acreage Holdings stock fell after its fourth-quarter earnings results. The company reported its results on Tuesday after the market closed.
Will Acreage Holdings’ Q4 Results Help Its Stock?
Acreage Holdings will report its fourth-quarter and fiscal 2019 results today after the market closes. Analysts expect the company to report revenue growth.
Ohio Wants to Legalize Recreational Marijuana
Since medical marijuana has boomed in Ohio, the state wants to enjoy recreational cannabis as well. Notably, Ohio legalized medical marijuana in 2016.
Is Acreage Holdings a Good Buy in December?
Acreage Holdings stock has fallen 63.93% YTD in the US OTC exchange. On December 20, the stock closed 77.13% below the 52-week high of $30.
Acreage’s Q3 Missed Expectations, but It’s Optimistic
Acreage Holdings reported its third-quarter earnings results on November 12. The company’s earnings were lower than analysts’ expectations.
Acreage Holdings: Analysts’ Target Price and Ratings
Acreage Holdings stock has fallen 57% year-to-date. The stock has fallen approximately 28% since it reported its second-quarter earnings.
Cannabis Coverage by Cowen: Cresco, Curaleaf, Acreage
Despite Aurora Cannabis’s subdued results, Cowen initiated coverage on five cannabis stocks: CRLBF, GTBIF, CURLF, MMNFF, and ACRGF.
Cannabis Roundup: CTST, CRON, OGI, ACB, and WEED
Cannabis ETFs the ETFMG Alternative Harvest ETF and the Horizons Marijuana Life Sciences Index ETF were up 2.0% and 1.7%, respectively, at 1:20 PM today.
Cannabis Roundup: WEED, ACB, ACRGF, and CTST
News that the US and China plan to revive trade talks in October boosted the US stock market. Most of the cannabis players traded in the green today.
Aphria Has Analysts Feeling Optimistic—Here’s Why
Aphria (APHA) reported excellent fiscal 2019 fourth-quarter earnings results this month, after which its stock saw a huge boost.
Canopy Growth’s Shareholders Approve Acreage Holdings Acquisition
On June 20, 2019, Canopy Growth (WEED) (CGC) announced that it had received overwhelming support in favor of its acquisition of Acreage Holdings (ACRGF). About 99.05% of shareholders voted in favor of the acquisition.
Why Ex-CEO Bruce Linton Still Believes in Canopy Growth
Few news items this summer jolted the legalized cannabis industry quite like the termination of former co-CEO Bruce Linton from Canopy Growth Corp.
Why Mike Tyson Is Talking about Cannabis
CNN reported that heavyweight champion Mike Tyson said they smoke 10 tons of weed, worth about $40,000, at his California marijuana ranch per month.
Key Takeaways from Acreage Holdings’ Q2 Earnings
Acreage Holdings reported its second-quarter earnings results on August 13. The company reported stellar revenue growth of $17.7 million.
Key Takeaways from Canopy Growth’s Q4 Earnings Call
Canopy Growth (WEED) (CGC) held its fiscal 2019 fourth-quarter earnings call on June 21. During the call, it provided critical updates about its near-term performance and growth initiatives. The company’s margins took a hit during its most recent quarter. Let’s look at what its management had to say.
Why Canopy Growth Is Gaining Momentum Today
Canopy Growth (WEED) was trading about 2% higher in the first half of today after Acreage Holdings (ACRGF) reported that its investors supported Canopy aquiring Acreage.
ACB, IIPR, ACRGF, HEXO Rise amid Mixed Sector Performance
The cannabis sector is largely mixed today.
Why Acreage Acquisition Looks Valuable for Canopy Growth
Due to Canopy Growth’s acquisition of Acreage Holdings, Jefferies raised its target price on the company to 77 Canadian dollars from 64 Canadian dollars.
Why Marcato Thinks the Canopy-Acreage Deal Is Bad for Acreage
According to Marcato, Canopy Growth’s offer of $3.4 billion is significantly lower than what Acreage is worth.
Canopy Growth Stock Jumps on Acreage Holdings Acquisition
The overall consensus rating from the 16 analysts covering Canopy Growth this month was a “buy.”
What Analysts Are Recommending for Planet 13 Holdings
Of the three analysts that follow Planet 13 Holdings (PLNHF) (PLTH), one analyst is favoring a “strong buy,” while the remaining two analysts are recommending a “buy.”
Is There More Upside to Curaleaf Holdings’ Stock Price?
Curaleaf Holdings (CURA) (CURLF) has started 2019 on a stronger note. As of April 9, the company’s stock price has increased 83.0%.
Cannabis Stocks Were Mixed Last Week
Cannabis stocks were mixed last week.
iAnthus Capital Holdings’ Q4 Results Drove Its Stock Price
After iAnthus Capital Holdings posted its fourth-quarter earnings on April 2, the stock price rose and closed the day at 7.61 Canadian dollars.
Analyzing Acreage Holdings’ Q4 Earnings
Acreage Holdings posted its fourth-quarter earnings after the market closed on March 12. The company posted revenues of $10.5 million.
Trulieve Cannabis Announces Partnership with SLANG Worldwide
Today, Trulieve Cannabis (TCNNF)(TRUL) announced a strategic partnership with SLANG Worldwide, a branded cannabis consumer packaged goods company.
MedMen Closes Two Acquisitions in Arizona
Today, MedMen Enterprises (MMEN) (MMNFF) closed the previously announced acquisitions of Kannaboost Technology and CSI Solutions.
Planet 13 Holdings and VIVO Cannabis Fell Last Week
On February 1–8, VIVO Cannabis (VVCIF) saw its stock price fall 21.8%, while Planet 13 Holdings (PLNHF) saw its stock price fall 18.9%.
A Look at Curaleaf’s Core Operations and Expansion Plans
Curaleaf Holdings (CURA) (CURLF) is a vertically integrated cannabis company headquartered in Wakefield, Massachusetts.
Why Cannabis Stocks Are Trading in the Red Today
Yesterday, the New York Times reported that the Department of Health and Mental Hygiene had ordered restaurants under its jurisdiction not to sell food products containing CBD.
Planet 13 Holdings Reports Growth in Its January Traffic
On February 5, Planet 13 Holdings announced that in January, it served an average of 1,550 customers per day at its Superstore in Las Vegas.
Why Cannabis Stocks Rose Yesterday
On January 28, only Planet 13 Holdings (PLNHF) was trading in the red. Planet 13 Holdings’ stock price fell 1.0%.
Will 2019 Be the Year of Acreage Holdings?
Acreage Holdings is a vertically integrated cannabis company that operates in multiple regions across the United States.
How Planet 13 Holdings Is Working to Drive Sales
As of November 12, Planet 13 Holdings (PLTH) (PLNHF) holds two cultivation licenses.
AGCO Announces Winners of Ontario Cannabis Retail Lottery
On January 11, the Alcohol and Gaming Commission of Ontario (or AGCO) announced the names of the 25 winners of its retail cannabis lottery.
Analysts Expect MedMen’s Revenue to Rise in 2019 and 2020
In the first quarter of fiscal 2019, which ended on September 30, MedMen Enterprises (MMEN) (MMNFF) posted revenue of $21.46 million.
Will 2019 Be a Better Year for MedMen Enterprises?
On January 10, MedMen was trading at 4.24 Canadian dollars, a fall of 8.8% since its announcement of its fiscal 2019 first-quarter results.
Curaleaf Holdings Opens Its First Dispensary in Titusville
Today, Curaleaf Holdings (CURLF) announced the opening of its first medical marijuana dispensary in Titusville and 20th medical marijuana dispensary in Florida.
Acreage Holdings Acquires Nature’s Way Nursery of Miami
On January 4, Acreage Holdings (ACRGF) announced that it completed its acquisition of Nature’s Way Nursery of Miami.