APHA News and Press, Aphria Inc. From 04/28/21

Boy, has 2021 been an interesting year for deal making. We’ve seen a tonne of deals proposed and a number of high-profile deals set to close. Among these, there’s a big merger in the cannabis sector investors have their eye on right now. Let’s dive into the details ...

Marijuana stocks are lighting up in Wednesday afternoon trading, with shares of Aurora Cannabis (NYSE: ACB) and Aphria (NASDAQ: APHA) both gaining 4.8% through 1 p.m. EDT, and Hexo (NYSE: HEXO) surging more than twice as much, up 11%. You can thank Bank of Am...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips When it comes to cannabis stocks, what can get lost in the “weeds,” so to speak, is the gains that these names have provided on a year-to-date (YTD) basis. Yes, the sector has roughly halved from its February ...

Tilray (TLRY) and Canopy Growth (CGC) are both buys, according to Bank of America, because of their ability to enter the U.S. market should federal marijuana legalization occur and CBD beverage distribution.BoA analyst Heather Balsky has reinstated coverage of Tilray and Canopy with price tar...

Cannabis Stocks In 2021 And Market Performance Earlier in the year, we got a chance to see what a rally in the cannabis sector might look like. After climbing in January and reaching new highs in February top marijuana stocks began to see declines in market value. Although this down...

We continue to be perplexed by the elevated valuation of Cronos; its 32x EV/Sales is difficult to be justified based on fundamentals. It reported $47M revenue and $147M negative EBITDA for 2020 which we view as the weakest among the top 10 Canadian LPs. We see no appeal in Cronos ...

Despite the rising COVID-19 cases worldwide, Canadian equity markets have remained strong, with the S&P/TSX Composite Index trading close to its all-time high. The expectations of demand recovery and improvement in corporate earnings have driven the equity markets higher. However, t...

Cannabis stocks are in focus after Bank of America resumed coverage on several Canadian names in the sector including Canopy Growth, Tilray, and Cronos Group. But first on Cantor’s take on Humana - Kindred deal.Humana deal points to provider/payer convergence: CantorYesterday, after th...

HEXO announced strong results for Q2 F2021 that showed continued revenue growth and improvement in profitability. While HEXO has announced consecutive quarters of improvements, it has outperformed most of the other Canadian LPs, some of which struggled and lost market share. Despi...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tilray (NASDAQ: TLRY ) stock has been one of the big players in the marijuana industry, but this planned merger with Aphria (NASDAQ: APHA ) doesn’t bode well for either stock. Source: Jarretera / Shut...