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Analyzing the Top 3 CBD Companies to Buy in July
Charlotte’s Web Holdings (NYSEARCA:CWEB) is one of the main players in the CBD business. The company plans to keep expanding in 2020.
Curaleaf Holdings Completes Curaleaf NJ’s Acquisition
Curaleaf Holdings (OTCMKTS:CURLF) continued its expansion by completing the acquisition of Curaleaf NJ, which owns a medical license in New Jersey.
Curaleaf Plans a Nationwide Expansion of ‘Select’ Brand
Curaleaf (OTCMKTS:CURLF) acquired a “Select” brand in February 2020. The company received positive feedback in medical and adult-use markets.
Will the Abacus Health Acquisition Benefit Charlotte’s Web?
On June 11, Charlotte’s Web announced that it completed the acquisition of Abacus Health. The company’s performance wasn’t strong in the first quarter.
Curaleaf: Analysts’ Recommendations after Its Q1 Earnings
Earlier this week, Curaleaf (OTCMKTS:CURLF) reported its first-quarter earnings. The company missed analysts’ revenue expectations.
Why Did Curaleaf Report a Mixed Q1 Performance?
On Monday, Curaleaf (OTCMKTS:CURLF) reported its first-quarter earnings after the market closed. The company reported revenue of $96.5 million.
Green Thumb Industries Had a Good Start to Fiscal 2020
Green Thumb Industries reported impressive results for the first quarter of fiscal 2020 on Thursday after the market closed.
Why Curaleaf Is a ‘Buy’ before Its Q1 Earnings
Analysts expect Curaleaf’s EBITDA to rise during the quarter. They expect the company to report an EBITDA of $15.7 million.
Charlotte’s Web Reports Mixed Q1 Performance
Today, Charlotte’s Web reported a mixed first-quarter performance. For the quarter ended on March 31, the company reported revenues of $21.7 million.
Why Analysts Are Bullish before Charlotte’s Web’s Q1 Earnings
Charlotte’s Web Holdings (OTCMKTS:CWBHF)(NYSEARCA:CWEB) will likely report its first-quarter earnings before the market opens on May 14.
Analysts’ Recommendations after Charlotte’s Web’s Q4 Earnings
Charlotte’s Web Holdings reported its fourth-quarter earnings on March 24. For the quarter, the company missed analysts’ revenue and EBITDA estimates.
What to Expect from Charlotte’s Web’s Q4 Earnings
Charlotte’s Web Holdings (NYSEARCA:CWEB) will report its earnings for the fourth quarter of 2019 before the market opens on March 24.
What Do Analysts Recommend for Supreme Cannabis?
Wall Street favors a “hold” rating for Supreme Cannabis. Four analysts recommend a ‘hold,’ three recommend a ‘buy,’ and one recommends a ‘sell.’
Charlotte’s Web Reports Improved Yield and CBD Potency
On Wednesday, Charlotte’s Web Holdings (NYSEARCA:CWEB) announced that the audit of its 2019 hemp harvest is complete.
How Will Curaleaf Benefit from Acquiring BlueKudu?
On Monday, Curaleaf (OTCMKTS:CURLF) announced that it will acquire BlueKudu—a company that produces premium cannabis chocolates and gummies.
What to Expect from Green Growth Brands’ Q2 Earnings?
Green Growth Brands will likely report its results for the second quarter of fiscal 2020 on February 24. Analysts expect the company’s revenue to rise sequentially.
Has Cresco Labs Bottomed Out in 2020?
As of Tuesday, Cresco Labs was trading at 6.73 Canadian dollars, which represents a fall of 24.6% since the beginning of the year.
Beacon Securities Is Still Bullish on Curaleaf
After Curaleaf completed the acquisition of the Select brand, Russell Stanley of Beacon Securities reiterated his “buy” rating.
IIPR Enters a Long-Term Agreement with GTI
Yesterday, IIPR announced that it bought a licensed cannabis processing facility in Toledo, Ohio, from Green Thumb Industries for $2.9 million.
Idaho Introduces Bill to Legalize Hemp
Despite federal legalization, Idaho hasn’t legalized hemp. However, Idaho’s House passed a bill that would allow hemp to be transported through the state.
Cresco Labs Stock Rose after Securing $100 Million Loan
On Thursday, Cresco Labs announced that it signed an agreement for a senior secured term loan for an initial aggregate principal amount of $100 million.
Is Cresco Labs a Good Bet in January?
Analysts expect Cresco Labs to report revenues of $45.3 million in the fourth quarter to take the total revenue for 2019 to $131.9 million.
Is Charlotte’s Web Still a Good Buy?
Although 2019 was tough for Charlotte’s Web Holdings, it has made a significant recovery this year. The stock has increased by 14.8% YTD as of Monday.
Green Growth Brands: Analysts’ Ratings and Target Price
Analysts expect Green Growth to become profitable in fiscal 2021. In fiscal 2020, they expect the company to report a negative EBITDA of $80.2 million.
Will the New CBD Bill Boost US Businesses?
For CBD products, federal regulation could take years. However, the situation might change with the introduction of Collin Peterson’s new bill.
TerrAscend Private Placement Oversubscribed
TerrAscend’s recent private placement was oversubscribed due to strong investor interest. It increased the offering to about $30 million from $20 million.
Why Origin House’s Acquisition Is Vital for Cresco Labs
On December 31, 2019, Origin House (OH) announced that its shareholders had approved Cresco Labs’ (CRLBF) acquisition plan.
Has Supreme Cannabis’s Stock Price Bottomed Out?
As of December 24, Supreme Cannabis was trading at 0.66 Canadian dollars. The company has lost 50% of its stock value this year. Has its stock bottomed out?
Is Charlotte’s Web Holdings a Good Buy This Month?
Charlotte’s Web Holdings (CWEB) (CWBHF) stock is currently down 23.64% year-to-date on US over-the-counter exchanges. What’s affected investor sentiment?
The Pet Cannabis Industry Is a Lucrative Opportunity
Spending on pet care is gradually rising in the US. As reported by CNBC, Nielsen estimated Americans spent $33 billion on pet food and treats last year.
Supreme Cannabis: Lower Target Price after Q1 Earnings
Following Supreme Cannabis’s weak first-quarter performance, PI Financial and Canaccord Genuity lowered their target prices.
What’s Canopy Growth’s First & Free Brand About?
Yesterday, BNB Bloomberg reported that Canopy Growth (CGC) (WEED) had officially entered the US CBD market with its First & Free brand.
Charlotte’s Web Lawsuit: How Can It Impact Investors?
Charlotte’s Web Holdings (CWEB) (CWBHF) is one of the latest cannabis companies to be served with a class-action lawsuit.
What’s the Market Potential for CBD?
The FDA has issued warning letters to 15 companies involved in illegal sales of non-psychoactive CBD products. What’s the legal market’s potential?
Is Jim Cramer Not a Fan of Cannabis Stocks Anymore?
Jim Cramer expressed disappointment with the cannabis industry, claiming it may not be the “incredible opportunity” he thought it was.
Charlotte’s Web: An Overview of a Cannabis Giant
Charlotte’s Web Holdings, Inc. (CWEB) is a US-based vertically integrated CBD producer. The company focuses on making and distributing hemp-derived CBD products. Charlotte’s Web’s mission is to help people find peace in mind, body, and soul. Further, the company aims to meet the consumer’s demands for quality products, efficiency, and consistency. Initial development Charlotte’s Web […]
Must-Knows of Fraud Investigations into ACB and CGC
Several prominent law firms have launched investigations into ACB and CGC for potentially violating federal securities law.
ACB Sees Third-Worst Day in Years: What Analysts Think
On November 18, Aurora Cannabis (ACB) closed at 3 Canadian dollars on the TSX, a 16.43% drop and the third-worst trading day for it in three years.
MedMen Fights for Survival amid Sector Meltdown
On November 15, MedMen (MMEN) (MMNFF) declared an extensive five-year restructuring plan in its attempt to become EBITDA-positive by 2020.
Top 5 Reasons Why Cannabis Earnings Disappointed
There seems to be no end to the cannabis sector’s woes. Several prominent cannabis players reported disappointing results in the latest earnings season.
Cannabis Aurora Cannabis’s Earnings Coming after Hours
Aurora Cannabis (ACB)(ACB.TO) plans to announce its earnings after the market closes. However, its stock is already trading on a weak note.
Charlotte’s Web: Analysts Cut Targets after Weak Q3
Charlotte’s Web Holdings reported its fiscal 2019 third-quarter earnings results on November 13. Its revenue came in at $25.1 million.
Charlotte’s Web: Are Its Q3 Earnings Good or Bad News?
After Charlotte’s Web reported its Q3 earnings yesterday, it closed at 12.28 Canadian dollars on the TSE, 7.53% lower than its previous closing price.
Cannabis Cannabis Players are Looking at Consumer Goods
Cannabis companies are having problems in earning profits quickly. It’s becoming clear that the industry is facing challenges from illegal market products.
The Cannabis Sector Continues Its Disappointing Week
After falling for the first two days this week, the cannabis sector maintained that weakness today. Let’s look at some cannabis stocks that are in the news.
Canopy Growth Is Down ahead of Its Q2 Release
Canopy Growth is set to report its second-quarter earnings results on November 14. In the first two days of trading this week, it’s fallen 11.5%.
Charlotte’s Web: Q3 Earnings Missed Analysts’ Estimates
Today, Charlotte’s Web Holdings (CWEB) (CWBHF) reported its third-quarter earnings. The company missed analysts’ revenue and EPS estimates.
Charlotte’s Web: What to Expect from Q3 Earnings
Charlotte’s Web Holdings (CWEB) (CWBHF) will report third-quarter earnings before the market opens on November 13. Let’s look at analysts’ expectations.
Charlotte’s Web: November Price Target Update
Charlotte’s Web Holdings has fallen 15.44% on the Toronto Stock Exchange. Its stock has dropped 43.58% on the TSE since its Q2 earnings on August 14.
IIPR Stock Rises after Revenue and EPS Beat
Yesterday, Innovative Industrial Properties (IIPR) reported its Q3 earnings results. The company beat analysts’ revenue and EPS estimates.
Can ACB’s and CWEB’s Earnings Help Cannabis?
Aurora Cannabis and Charlotte’s Web Holdings are set to report their earnings next week. Could their results bring some relief to the cannabis sector?
Curaleaf Launches Adult-Use Cannabis in MA
Yesterday, Curaleaf Holdings (CURLF) (CURA) opened its first recreational or adult-use dispensary in Massachusetts at Oxford.
Charlotte’s Web: Top Four Things to Know about the Stock
Last month, Charlotte’s Web announced that it would partner with Nielsen to guide US retail companies on the growth of the CBD (cannabidiol) space.
Charlotte’s Web Holdings: What to Expect from Q3 Results
So far, Charlotte’s Web Holdings (CWBHF) (CWEB) has gained 19.7% year-to-date. The company will report its third-quarter results next month.
Charlotte’s Web Holdings: Analysts’ Target Price and Ratings
As of Tuesday, Charlotte’s Web Holdings was trading at 18.15 Canadian dollars, which implies a fall of 37.0% since its second-quarter earnings on August 14.
Cannabis Stocks in Trouble, PI Financial Cuts Target Price
Cannabis stocks see dark clouds looming. The week ending on October 11 was disastrous for the sector. Hexo stock fell after it withdrew its fiscal 2020 outlook.
Charlotte’s Web: What’s the Word on Wall Street?
Last month, Charlotte’s Web Holdings (CWBHF) (CWEB) announced its second-quarter results. It missed analysts’ revenue and EPS expectations.
Charlotte’s Web Holdings Stock Down after Earnings
Charlotte’s Web Holdings stock (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.
Kroger Deal Ignited Charlotte’s Web Holdings Last Week
Charlotte’s Web Holdings’ Kroger deal ignited the stock last week. The stock saw an upwards price action of almost 42%. The stock has risen 86% this year.
Charlotte’s Web Holdings under Fire amid Market Sell-Off
Charlotte’s Web Holdings (CWEB) (CWBHF) saw a selling spree in May. The company lost more than 30% of its market capitalization.
Cannabis Sector Update: How Last Week’s Earnings Looked
Last week, we saw a flurry of earnings from cannabis players.
Charlotte’s Web Holdings’ Preliminary Q1 Results
On May 8, Charlotte’s Web Holdings (CWEB) (CWBHF) released its preliminary first-quarter results after the markets closed.
Key Cannabis Sector Updates: Analyst Ratings and Earnings
Last week, Emerald Health Therapeutics (EMH) closed with losses of 9.4%.
Cannabis Stocks Had a Mixed Performance Last Week
Cannabis ETFs traded on a largely negative note last week.