Acreage Holdings Inc. Aphria Inc. Aurora Cannabis Inc. CannTrust Holdings Inc. Canopy Growth Inc. Charlotte's Web Holdings Cronos Group Inc. CSE:ACRG.U CSE:CURA CSE:HARV CSE:TER Curaleaf Holdings Inc. Harvest Health & Recreation Inc. HEXO Corp. Horizons Marijuana Life Sciences ETF Inc. Investing MediPharm Labs Corp. Nasdaq: CRON Nasdaq:VFF Neptune Wellness Solutions Inc. NYSE:ACB NYSE:APHA NYSE:CTST NYSE:HEXO Organigram Holdings Inc. Pharmacielo Ltd. Stocks & ETFunds Tech TerrAscend Corp. The Flowr Corporation TSE: VFF TSE:ACB TSE:APHA TSE:CRON TSE:CWEB TSE:HEXO TSE:HMMJ TSE:NEPT TSE:TRST TSE:WEED. NYSE:CGC TSXV:FLWR TSXV:LABS TSXV:OGI TSXV:PCLO Village Farms Int'l Inc.

All "potted" stocks are not penny stocks: these 16 trades exceed $ 5 / share

All "potted" stocks are not penny stocks: these 16 trades exceed $ 5 / share

While it is true that the majority (57%) of the 135 shares of marijuana / hashish "pots" for medical and recreational functions are penny shares (that is, they are commerce at lower than $ 1 / share), 43% of them trade greater than $ 1 per share, together with 10 trades between $ 5 and $ 10 per share and 6 trades above $ 10 per share. Under you can see a breakdown of these 16 stocks with related knowledge on each and hyperlinks to their websites:

Written / compiled by Lorimer Wilson (www.munKNEE.com)

Of the 6 highest costs (ie $ 10) 5 shares are traded on the Toronto Inventory Change (TSE) and 1 on the Canadian Securities Change (CSE). The beta describes the level of systematic and unsystematic danger based mostly on past efficiency.

(Until in any other case indicated, all quantities are in Canadian dollars.)

1. Cover Progress Inc. (TSE: WEED, NYSE: CGC) Market Capitalization: $ 18.5 Billion www.canopygrowth.com Beta Model: four.1

  • Enterprise Description: The corporate grows, produces and sells Medical marijuana supported by over half one million square ft and greenhouse marijuana manufacturing, promoting its merchandise underneath the manufacturers Tweed, Bedrocan and Mettrum.
  • Latest Information: The company announced on July 3 that it had fired its co-founder and co-CEO, Bruce Linton, because of the corporate's lately very disappointing results. Canopy's different co-CEO, Mark Zekulin, turned the primary government until the transition interval was over and his alternative was found. Related article

2. Market Capital of Charlotte & # 39; s Net Holdings, Inc. (TSE: CWEB): $ 1.9 billion www.charlottesweb.com Beta: 2.9

  • Description of l & # 3939; exercise: The Firm is a vertically integrated hashish company headquartered in Boulder, CO, specializing in cannabidiol-based hemp-based wellness merchandise.
  • Information: Charlotte & # 39; s Net has just lately launched a line of pet products, including useful chews with synergistic elements to focus on specific well being features including: Calming, Hips & Joints and Cognition. On Might 28, the Canadian Securities Change (CST) issued a delisting discover from Charlotte's Net Holdings confirming that the TSX Canadian Inventory Trade was its new score. Related article

three. Cronos Group Inc. (TSE: CRON; Nasdaq: CRON) Market Capitalization: $ 6.7 billion www.thecronosgroup.com Beta: four.1

  • Enterprise Description: The company cultivates and sells medicinal and recreational hashish by way of its drug Peace Manufacturers and its two leisure brands, COVE and Spinach. Though it operates primarily in Canada, Cronos exports medical hashish to Poland and Germany. As well as, it has entered into joint ventures in Israel, Colombia and Australia to boost tradition and progress. In March 2019, Cronos accomplished a strategic funding of $ 2.four billion in CA from Altria Group. This funding will help the company increase its product improvement and commercialization capabilities.
  • Latest Information: Regardless of the development in its turnover and its internet loss for the first quarter of the fiscal yr, the stock of CRON dropped, its outcomes lagging behind by report to analysts. provide. Related article

four. Horizons Marijuana Life Sciences ETF (TSE: HMMJ) Complete market capitalization: $ 831.7 million www.HorizonsETFs.com Beta Version: 3.2

  • Business Description: This ETF offers publicity to corporations In the USA, the marijuana industry is regulated by and in accordance with relevant laws, as well as by corporations operating within the Canadian marijuana authorized sector. The overwhelming majority of electors are at present buying and selling on the Canadian Securities Trade and the NEO.
  • Latest Information: The HMJR portfolio has added greater than 20 names this quarter, mainly from Australia, Israel and, in fact, the USA. to newcomers to new markets. Related article

5. Acreage Holdings Inc. (CSE: ACRG.U) Market Capitalization: $ 654.5 million www.acreageholdings.com Beta Version: 2.four

  • Enterprise Description: The Firm is an integrated multi-state operator vertically, deriving its revenues from its retail clinic business where cannabis and cannabis-infused merchandise are bought to shoppers.
  • Latest Information: Canopy Progress Inc. has reached an agreement to accumulate Acreage Holdings once cannabis turns into authorized in the USA, offered that the US federal government will legalize cannabis presently. 2026, in a $ three.four billion deal. The businesses consider the arrangement will provide vital benefits that may help speed up Acreage's progress in the US, because of the experience of the world's leading cannabis firm. In flip, through the acquisition, Canopy Progress shareholders will profit from a turnkey national platform in america. Associated article

6. Village Farms Int'l Inc. (TSE: VFF, Nasdaq: VFF) Market Capitalization: US $ 741.zero million villagefarms.com Beta: three.eight

  • Business Description: Village Farms Worldwide Inc., with its subsidiaries owns and operates agricultural greenhouses. Over the previous two years, he has entered the hashish market by forming joint ventures with Emerald Well being Therapeutics and Nature Crisp LLC to type Pure Sunfarms Company and Village Fields Hemp USA LLC.
  • 75,000 kilograms of hashish annually, Village Farms announced earlier this yr that one other greenhouse can be hidden quickly, doubling the company's manufacturing. Given the growing demand for cannabis in recreational areas, the corporate should not have any drawback promoting its product. Related article

The 6 corporations above are composed of:

  • Giant Cap (ie +10 billion dollars): 1
  • Mid Cap (2 G $ – 10 G $): 1
  • Small capitalization ($ 300 million – $ 2 billion): 4

and a mean beta of 3.4

Of the 10 shares listed between $ 5 / share and $ 9.99 / share four are listed on the TSE; three on the TSXV; and 3 on the CST. Once more, the beta describes the extent of systematic and unsystematic danger based mostly on past efficiency. Right here they’re:

All amounts under are in Canadian dollars as of July 19, 1919

1. Aurora Hashish Inc. (Market Cap: $ 9.98 Billion) www.auroramj.com Beta: 1.6

  • Activity Description: Aurora is engaged in the production and distribution of medical cannabis and is likely one of the largest The fastest growing cannabis corporations on the planet, with a manufacturing capability funded higher than 500,000 kilograms per yr.
  • Newest information: After experiencing robust progress for months, the stock of Aurora has declined and since February, the inventory of ACB has solely gained 6%. many buyers are of the opinion that because of increased competitors, it might be troublesome for the company to take care of its dominant market share. Related article

2. Aphria Inc. (TSE: APHA, NYSE: APHA) Market Capitalization: $ 2.2 billion www.aphria.com Beta: 2.7

  • Enterprise Description: Aphria Inc. and its affiliates produce and sell marijuana for medical functions and its derivatives by means of retail and wholesale channels. Its products embrace capsules and sprays of oral solutions.
  • Within the information: Aphria continues to be repairing the injury brought on by a controversial acquisition of belongings in Latin America. Considerations have been expressed concerning the value paid for the acquisition in comparison with the actual worth of the belongings in question. The fees steered that administration had a direct interest within the belongings and aligned themselves by paying an excessive amount of. The controversy brought about the inventory worth to drop more than 75% within the three months following the opening of the stock market and resulted in the departure of APHA founder and CEO Vic Neufeld. Aphria's current abandonment of its gross sales of dried hashish in favor of vapes and concentrates is predicted to increase margins and assist improve its inventory, although this takes a while. Related article

3. Curaleaf Holdings Inc. (CSE: CURA) Market Capitalization: $ 4.2 billion curaleaf.com Beta: -139.zero

  • Enterprise Description: The company is headquartered in Wakefield, Massachusetts, and cultivates and sells cannabis for medicinal and recreational functions in 15 US states. manufacturers Curaleaf, Curaleaf Hemp and UKU Craft Cannabis.
  • Newest Information: The corporate made two main acquisitions in Arizona that value the corporate $ 25 million, including Glendale Greenhouse, which can provide a cannabis processing and growing facility. beneath the control of Curaleaf and a retail outlet in a lovely location, Phytotherapeutics Management Providers LLC and, beneath this settlement, Curaleaf Holdings will get hold of the license for a new retailer. Once completed, Curaleaf may have 8 retailers within the state of Arizona. Related article

four. Market capital: $ 1.three billion, www.organigram.ca Beta: 9.7

  • Description of the activity: The corporate is a licensed Canadian producer of cannabis products specializing in the production of outstanding hashish grown indoors for grownup leisure shoppers, as well as the event of worldwide business partnerships.
  • Newest information: On Monday, the group announced that it has developed a patented nano-emulsification know-how for the production of recreational shopper merchandise and cannabis-based drinks. In response to the replace, in early 2020, Organigram plans to launch quite a lot of dehydrated powdered beverage merchandise in Canada, in addition to its beforehand announced plans to launch a line of top of the range cannabinoid-infused goodies. Associated article

5. Harvest Health & Recreation Inc. (CAP: HARV) Market Capitalization: $ 2.2 Billion www.harvestinc.com Beta: 2.zero

  • Business Description: The corporate, whose head workplace is situated in Tempe, Arizona, is a vertically built-in multi-state hashish operator. topic to completion of the announced acquisitions, its largest footprint in america, with rights to more than 210 places, together with roughly 140 shops, and greater than 1,580 staff in 17 states.
  • Latest Information: On July eight, the company announced the acquisition of Arizona's Leaf Life medical hashish dispensary, the 13th Arizona dispensary, reinforcing Harvest as the state's leading operator. and expanding its national footprint of retail and wholesale licenses across america. Article

6. HEXO Corp. (TSE: HEXO; NYSE: HEXO) Market Capitalization: $ 1.6 Billion www.hexo.com Beta: 4.0

  • Activity Description: A consumer-packaged cannabis business serving the buyer market recreation beneath the model HEXO, whereas persevering with to serve its clients medical cannabis by means of the well-known model Hydropothecary. The corporate at present operates 2.four million sq. foot amenities in Ontario and Quebec and provides dried cannabis; Elixir, a variety of sublingual fog based mostly on cannabis oil; and Decarb, a finely floor ground cannabis powder.
  • Latest Information: On July 11, the company announced that it might switch the listing of its widespread shares to the NYSE Inventory Change (often made up of smaller or newer capitalization corporations) . corporations) to the NYSE beginning July 16 to offer its motion a new legitimacy. Associated article

7. Pharmacielo Ltd. (TSXV: PCLO) Market Capitalization: $ 632.5 million www.pharmacielo.com Beta: 20.5

  • Description of Business: PharmaCielo Ltd is a pharmaceutical company headquartered in Canada, which focuses on moral and sustainable remedy and provide. pure extracts of hashish oil for medicinal purposes and associated merchandise for giant distributors.
  • Newest News: On June 21, the Firm started buying and selling in over-the-counter markets beneath the symbol "PHCEF".

8. TerrAscend Corp. (CSE: TER) Market Capitalization: $ 272.4 million www.terrascend.com Beta: 0.18

  • Description of the exercise: The Canadian firm is at present supplying cannabis-based products for patients affected by Persistent pain and debilitating illnesses in Canada and a number of other US states. where hashish has been legalized for therapeutic functions or for grownup use and can quickly sell its merchandise in Europe.
  • Latest News: On July 8, TerrAscend acquired a license modification from Well being Canada permitting the sale of cannabis oils from its Mississauga, Ontario plant, sales of that are expected to start immediately in its medical market, Solace Health.

9. Market Capitalization of Flowr Corporation (TSXV: FLWR): $ 526.three million www.flowr.ca Beta: zero.63

  • Description of Business: The Company, by way of its subsidiaries , holds a license to supply and promote hashish granted by Well being Canada. With headquarters in Toronto and production amenities in Kelowna, British Columbia, Flowr builds and operates giant GMP-based rising amenities utilizing its own cropping methods.
  • Newest News: On June 26, the corporate announced the development of a Clear Stock Protocol, which is a proprietary process to certify that Flowr clones are freed from pests and pathogens. Using Clear Inventory is along with industry-standard certificates of authenticity that attest to THC and CBD content material.

10. Neptune Wellness Options Inc. (TSE: NEPT) Market Capitalization: $ 470.zero million www.neptunecorp.com Beta Version: 1.5

  • Description of the business: With robust scientific and technological experience, Neptune is focuses on the development of value-added and differentiated products for Canadian and international cannabis markets. Its head office is situated in Laval, Quebec.
  • Newest News: On July eight, the corporate announced the appointment of Michael Cammarata to the place of Chief Government Officer and Board Member, effective instantly, replacing Jim Hamilton, who will remain as Chief Government Officer. as counselor to the council.

The 10 corporations listed above are composed of the following entities:

  • Giant cap (+10 billion USD): 0
  • Mid Cap (2 billion USD – 10 billion USD): four
  • Small cap ($ 300M – $ 2B): 5
  • Micro Cap ($ 50M – $ 300): 1

and a mean beta of four.7 (excluding the outlier of – 139.zero).

The mixture of the two teams above, in abstract:

  • 9 shares traded on the Toronto Inventory Trade,
  • 3 shares on the Stock Trade,
  • 4 shares on the London Stock Change, [19659007] 1 large-cap shares,
  • 5 medium-sized shares, [19659007] 9 are small-cap corporations,
  • 1 is a micro-sized company
  • their common beta is 4, 2

Incidentally, the beta of the above group of shares is double that of the 8 shares introduced in my earlier article entitled "These eight" potted stocks are traded both in america and in america. United States and Canada. Exchanges – Examine them.

There. The subsequent time another person will reject "pot" sort shares because these are simply penny stocks, he’ll let them know the information: 10 stocks, representing 12% of the universe out of 135 of those shares traded on North American stock exchanges are at present trading at more than $ 5 Canadian, together with 6 on those buying and selling greater than $ 10 Canadian.

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