Breakingviews - $100 bln weed company is still in the pipe

  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Breakingviews) - Cannabis is making cryptocurrencies look lethargic. Share price...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Breakingviews johnsfoley Does a $100B tomato company exist?

Breakingviews johnsfoley Legal crack next!

Breakingviews johnsfoley . pot

Breakingviews johnsfoley

Breakingviews johnsfoley Reuters fails to acknowledge that despite tilrays volatility, canopy growth actually has a market cap over $20 billion right now. Equally idiotic situation. Weed is a plant. Is the equivalent of hops for beer, not anheiser Busch. When weed gets legalized, people will plant weed.

Breakingviews johnsfoley rpz

Keep them high so they are docile and manageable! And always vote democrat!

They see how much cash the Pharmaceutical companies made with opioids. This is really going to hurt a lot of people people I need to look at Colorado.

you had enough characters to put billion in

Come on, headline writer - "$100 bln weed company is still *ON* the pipe"

I've never seen a pot headline that didn't have a pun.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aurora Cannabis stock surges after earnings top $100 million, revenue nearly quadruplesShares of Aurora Cannabis Inc. surged 3.3% in premarket trade Monday, after the Canada-based cannabis company reported Monday fiscal first-quarter net earnings that rose to $105.5 million from $3.6 million a year ago, and from $79.9 million in the previous quarter. Total revenue rose 260% from a year ago and 55% from the previous quarter to $29.7 million, while cannabis revenue jumped 236% from last year and 65% from last quarter to $24.6 million. The average selling price per gram of dried cannabis grew 15% from a year ago to $8.39, while the cash cost per gram fell 12% to $1.90. For cannabis extracts, the net selling price per gram fell 26% to $12.12, while costs declined 22% to $1.45. Active registered patients rose 250% to 67,484. The company the jump in net earnings was primarily attributable to unrealized non-cash gains on derivatives and marketable securities. "The commencement of adult consumer use sales in Canada has been very successful for Aurora, with strong performance across all product categories and brands," said Chief Executive Terry Booth. "Given the strong unmet consumer demand evident across Canada, we are confident that our rapidly increasing production capacity will result in continued acceleration of revenue growth." The stock has rallied 58% over the past three months while the ETF MG Alternative Harvest ETF has climbed 22% and the S&P 500 has slipped 1.8%. Is it legal to own this stock? SimplyyGark Lmao it's getting dumped rn
Source: MarketWatch - 🏆 3. / 97 Read more »

$100 bln weed company is still in the pipeCannabis producer Tilray’s shares have risen and fallen at a rate that makes virtual currency bitcoin look lethargic. Its CEO claims it could have a 12-digit valuation. He’s half right. A producer of that size is likely one day, but assuming it will be Tilray is foolish. ReutersBiz johnsfoley Poor girl in DC stabbed 7 times day after picking out her wedding gown. Suspect smoking weed. johnsfoley No wonder Peter Thiel bet on cannabis couple of years ago. The opportunity is always controlled by illuminati elite, and the others follow like a foolish puppet. I am against cannabis being used in drinks!
Source: Breakingviews - 🏆 470. / 51 Read more »