CannTrust Holdings: Analysts Are Mainly Positive in January
On January 8, CannTrust Holdings’ (CNTTF) stock price closed at $5.63, which is ~3.04% growth from its close of $5.47 on January 7.
Auxly Cannabis: Business Strategies and Financial Projections
Analysts expect Auxly Cannabis to report a net income of -40.08 million Canadian dollars in fiscal 2018.
Auxly Cannabis: Analyzing the Stock Performance
Auxly Cannabis’ stock price closed at $0.67 on January 7, which is ~52% growth from its 52-week low of $0.44 on December 24.
Organigram’s Consensus Price Target Rose in August
Organigram (OGRMF) is among the top gainers compared to cannabis companies (HMMJ) such as Canopy Growth (WEED) (CGC) and Hydropothecary (HYYDF).
How Analysts Rate Hydropothecary in August
Hydropothecary (HYYDF) has done much better than other cannabis producers (HMMJ) such as Cronos (CRON), Aphria (APHQF), and Aurora Cannabis (ACB) (ACBFF).
How Cannabis Stocks Fared Last Week
The Horizons Marijuana Life Sciences ETF rose 1.7% between June 29 and July 6.
How Cannabis Stocks’ Valuations Looked Last Week
The forward EV-to-sales (enterprise value to sales) ratio for the cannabis sector hit a low point in April.
Canopy Growth Rose 10% Yesterday: Why?
Yesterday, April 30, Canopy Growth (WEED) rose 10% and closed the day at $30.10 Canadian.
The Cannabis Sector: Mergers, Acquisitions, and Price Upgrades
The cannabis sector remains hot for mergers and acquisitions as companies rush to capture a piece of the recreational cannabis market.
Hydropothecary: Analyst Ratings and Price Target in April
Hydropothecary (HYYDF) continued its upward momentum and closed 1.5% higher on April 12, 2018.
Why Hydropothecary Stock Rose 13% Yesterday
On April 11, Hydropothecary (HYYDF) stock surged 13.2% after it became the SAQ’s (Société des alcools du Québec) preferred non-medical cannabis supplier.
Factors Expected to Influence the Provinces’ Supplier Decisions
Ahead of the legalization of recreational cannabis, companies are ramping up their production capacities.
Manitoba and Quebec Announced Cannabis Retailers and Suppliers
Last week, the province of Manitoba announced four private consortiums and companies to retail marijuana in the province.
Key Developments in the Cannabis Sector Last Week
The week ending February 16 wasn’t so positive for marijuana stocks even though the broader market indexes ended in the positive territory.