Is the Cann share price holding its ground despite a recall?
The Cann Group Ltd (ASX: CAN) share price is holding its ground today despite announcing a product recall from one … The S&P/ASX 200 Index (ASX: JXO) is having a pretty decent day today. A the time of writing, the ASX … … Price Sensitive Only?
Is general cannabis'stock overvalued or undervalued?
38.00% of the stock of General Cannabis is held by insiders. A high percentage of insider ownership can be a sign of company health. General Cannabis has a P/B Ratio of 17.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. How has General Cannabis' stock price been impacted by Coronavirus?
What is the price of general cannabis stock?
Since then, CANN shares have decreased by 21.1% and is now trading at $0.3590. View which stocks have been most impacted by COVID-19. Are investors shorting General Cannabis? General Cannabis saw a drop in short interest during the month of January.
Will marijuana stocks ever stop falling?
The marijuana sector is a fickle one. When things are going well, stocks soar to ridiculous heights and valuations that are completely unwarranted. But when investors are down on the space, it seems as though prices can't stop falling.
Can I buy Cann stock?
Shares of CANN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Can Group ASX prediction?
Net loss: AU$8.28m (loss narrowed 12% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 277%, compared to a 713% growth forecast for the industry in Australia.
Will HEXO stock go up?
The 8 analysts offering 12-month price forecasts for Hexo Corp have a median target of 0.21, with a high estimate of 0.42 and a low estimate of 0.12. The median estimate represents a +0.05% increase from the last price of 0.21.
How do I invest in Cann groups?
How to buy shares in Cann GroupCompare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. ... Open and fund your brokerage account. ... Search for Cann Group. ... Purchase now or later. ... Decide on how many to buy. ... Check on your investment.
IS can group a good investment?
Cann Group isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth.
Does Cann group pay dividends?
Currently, no dividends are paid to shareholders.
Should I hold or sell HEXO?
The consensus among Wall Street analysts is that investors should "hold" HEXO stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HEXO, but not buy additional shares or sell existing shares. View analyst ratings for HEXO or view top-rated stocks.
Is Tilray buying HEXO?
Tilray Brands Inc. TLRY, +2.19% rose 1.3% in premarket trades on Tuesday after the cannabis company said it crafted more favorable terms in its deal to acquire Hexo Corp. HEXO, +1.42% .
Is HEXO a Buy Sell or Hold?
HEXO has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Is Cannatrek on the ASX?
THC Global Group Limited (THC Global or the Company) (ASX:THC) is pleased to announce that Cannatrek Limited (Cannatrek) has agreed to a cannabis supply and manufacturing agreement.
Is medcan on the ASX?
The Company was admitted to the official list of ASX on 14 January 2008. (Previous ASX code: QBL).
Should I buy or sell Canaan stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canaan in the last twelve months. There are currently 2 buy ratings for th...
What is Canaan's stock price forecast for 2022?
2 brokerages have issued 12 month price objectives for Canaan's shares. Their forecasts range from $9.00 to $10.00. On average, they predict Canaan...
How has Canaan's stock price performed in 2022?
Canaan's stock was trading at $5.15 at the start of the year. Since then, CAN shares have decreased by 28.0% and is now trading at $3.71. View the...
When is Canaan's next earnings date?
Canaan is scheduled to release its next quarterly earnings announcement on Wednesday, September 21st 2022. View our earnings forecast for Canaan .
What guidance has Canaan issued on next quarter's earnings?
Canaan updated its second quarter 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share (EPS) guidance of for the...
Who are Canaan's key executives?
Canaan's management team includes the following people: Mr. Nangeng Zhang , Chairman & CEO (Age 39) Mr. Quanfu Hong , VP of Fin. & CFO (Age 38...
Who are some of Canaan's key competitors?
Some companies that are related to Canaan include Rambus (RMBS) , Canadian Solar (CSIQ) , Credo Technology Group (CRDO) , Himax Technologies (H...
When did Canaan IPO?
(CAN) raised $100 million in an IPO on Thursday, November 21st 2019. The company issued 10,000,000 shares at $9.00-$11.00 per share. Citigroup, Chi...
What is Canaan's stock symbol?
Canaan trades on the NASDAQ under the ticker symbol "CAN."
How has General Cannabis' stock performed in 2022?
General Cannabis' stock was trading at $0.2190 at the beginning of 2022. Since then, CANN stock has increased by 27.9% and is now trading at $0.28....
How were General Cannabis' earnings last quarter?
General Cannabis Corp (OTCMKTS:CANN) announced its earnings results on Wednesday, August, 8th. The company reported ($0.10) EPS for the quarter. Th...
Who are General Cannabis' key executives?
General Cannabis' management team includes the following people: Mr. Adam L. Hershey , Interim CEO & Director (Age 49, Pay $66.67k) Ms. Jessica...
Who are some of General Cannabis' key competitors?
Some companies that are related to General Cannabis include Innovative Industrial Properties (IIPR) , MassRoots (MSRT) , Canopy Growth (WEED) ,...
What other stocks do shareholders of General Cannabis own?
Based on aggregate information from My MarketBeat watchlists, some companies that other General Cannabis investors own include (CGC) , Unrivaled...
What is General Cannabis' stock symbol?
General Cannabis trades on the OTCMKTS under the ticker symbol "CANN."
How do I buy shares of General Cannabis?
Shares of CANN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is General Cannabis' stock price today?
One share of CANN stock can currently be purchased for approximately $0.28.
How much money does General Cannabis make?
General Cannabis (OTCMKTS:CANN) has a market capitalization of $26.93 million and generates $5.93 million in revenue each year.
About General Cannabis
Headlines
General Cannabis Corp. is a holding company, which is engaged in the provision of lease growing space and related facilities to licensed marijuana business operators. It operates through the following segments: Security, Operations, Consumer Goods, and Investments.
General Cannabis (OTCMKTS:CANN) Frequently Asked Questions
Should Workers' Comp Cover Medical Marijuana? Feds To Weigh In On Growing Issue
What happened
General Cannabis' stock was trading at $0.4550 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CANN stock has decreased by 23.1% and is now trading at $0.35. View which stocks have been most impacted by COVID-19.
So what
Shares of CannTrust Holdings (NYSE: CTST) were down 10.6% as of 11:14 a.m. EDT on Thursday. The Canadian marijuana producer announced that the pricing of its stock offering would be nearly 15% below the stock's closing price on Wednesday.
Now what
There's both good news and bad news with CannTrust's stock offering. The good news is that the company will raise additional capital needed to fund its operations and expansion efforts. However, the bad news includes two components.
ASX cannabis shares in spotlight amid COVID prevention research
Investors will have to wait and see how CannTrust performs as the Canadian adult-use recreational marijuana market matures and expands. That performance will be key in the company's path to consistent profitability.
Beaten up ASX cannabis shares showing signs of life
Key points ASX cannabis shares could benefit from new COVID-fighting research Cannabidiol (CBD) has proven effective in mice Researchers hope …
Why a2 Milk, Cann, Flight Centre, & GPT shares are tumbling lower
ASX cannabis shares were once one of the hottest sectors with no shortage of new pot stocks hitting the market. …
Blazing it? How the top ASX cannabis shares performed in FY21
In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, …
Why is the Cann (ASX:CAN) share price tumbling today?
The 2021 financial year was overall a very good one for ASX shares. The S&P/ASX 200 Index (ASX: XJO) managed …
Cann (ASX:CAN) share price continues to rise despite product recall
The Cann Group Ltd (ASX: CAN) share price is falling during morning trade. This follows the cannabis company’s announcement of a revised revenue …
OTC: JUSHF
The Cann Group Ltd (ASX: CAN) share price is holding its ground today despite announcing a product recall from one …
The sector may be down, but don't count it out
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Legalization will happen, but investors have been jumping the gun
The marijuana sector is a fickle one. When things are going well, stocks soar to ridiculous heights and valuations that are completely unwarranted. But when investors are down on the space, it seems as though prices can't stop falling.
The pendulum will eventually swing back, and these pot stocks could soar next year
When the Democrats took control of the U.S. Senate in January, there was hope that significant marijuana reform would happen this year. CEO David Klein of Canadian-based marijuana producer Canopy Growth was so excited he projected that his company would enter the U.S. marijuana market in 2021 .
Many more options out there for investors
Once there's discernible progress on federal marijuana reform, shares of pot stocks will undoubtedly surge. And given the high probability of that happening, now may be a prime time to start adding them to your portfolio.
Premium Investing Services
Jushi and Curaleaf are just a couple of examples of pot stocks that could be big winners next year. But they aren't the only options for cannabis investors. And if you can't decide, one option may be to buy shares of an exchange-traded fund like the AdvisorShares Pure US Cannabis ETF that holds positions in many MSOs.
Key Points
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The S&P 500's historic bounce from the March 2020 bottom could come to an abrupt halt this year
Although the stock market is a money machine over the long run, crashes and corrections are a normal part of the investing cycle.
1. The spread of new COVID-19 variants
Since the benchmark S&P 500 ( ^GSPC -1.84% ) bottomed out in March 2020, investors have been treated to historic gains. It took less than 17 months for the widely followed index to double from its closing low during the pandemic.
2. Historically high inflation
Arguably the most glaring concern for Wall Street continues to be the coronavirus and its numerous variants. The unpredictability of the spread and virulence of new COVID-19 strains means a return to normal is still potentially a ways off.
3. A hawkish Fed
In a growing economy, moderate levels of inflation (say 2%) are perfectly normal. A growing business should have modest pricing power. However, the 6.8% increase in the Consumer Price Index for All Urban Consumers (CPI-U) in November represented a 39-year high in the United States.
4. Congressional stalemates
A third reason the stock market could crash in 2022 is the Fed turning hawkish.
5. Midterm elections
As a general rule, it's best to leave politics out of your portfolio. But every once in a while, what happens on Capitol Hill needs to be closely monitored.
