A total of 33,987 shares changed hands on the counter till 12:30PM (IST)
A total of 4,875 shares changed hands on the counter till 11:38AM (IST).
On the technical charts, the 200-day moving average of the stock stood at Rs 1508.95.
A total of 8,914 shares changed hands on the counter till 12:14PM (IST)
On the technical charts, the RSI of the stock stood at 40.45.
No summary available.
A total of 8,319 shares changed hands on the counter till 11:54AM (IST)
The Relative Strength Index of the stock stood at 33.7 on Thursday.
A total of 6,587 shares changed hands on the counter till 12:36PM (IST).
A total of 4,477 shares changed hands on the counter till 12:30PM (IST).
In the week of 4/20, the unofficial day of cannabis and top sales day for the industry, major stocks posted mixed performances. Retailer Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF ) reported single-day record sales of $543,000 on April 20. Meanwhile, Eaze, California's largest marketplace for legal cannabis delivery, announced a 185% surge in deliveries (compared to any other Tuesday in 2021), with an average basket of $200, up 50% from the same day in 2020. “Cannabis consumers moved to delivery as their preferred way of shopping last year, so we're not surprised to see such a strong 420 in 2021,” said Ro Choy, CEO of Eaze. “Even as daily life begins to return to normal, consumers are staying with the convenience of delivery. It's the future of this industry.” Debra Borchardt, CEO of Green Market Report, added, “The April 20 holiday is becoming the largest sales day of the year for the industry. Headset reported logging $60,000 in sales per minute, while Planet 13 said it did over half a million sales on Tuesday.
A total of 15,440 shares changed hands on the counter till 12:01PM (IST)
The coronavirus pandemic and continuing state-by-state cannabis legalization in the U.S. have created new customers. One in four Americans used cannabis during the pandemic last year, according to a study by the data company YouGov and Sunnyside, a dispensary brand owned by Cresco Labs (OTCQX: CRLBF ). " We were curious to learn how current conditions have impacted consumer attitudes and cannabis consumption behaviors ahead of what we expect to be an unprecedented 420 celebration," Cris Rivera, senior vice president of retail marketing and customer experience at Cresco Labs, said in a statement. “Whether it’s the stressors of a global pandemic or increased accessibility due to expanded state decriminalization, cannabis has become the leading CPG category for exploration as people flock to dispensaries to discover the range of novel formats and modern products available to them.” The firms looked at the cannabis-related attitudes of almost 5,000 Americans. The following are … Full story available on Benzinga.
Benzinga’s Cannabis Insider is a live daily show for cannabis investors. Hosts Patrick Lane and Javier Hasse discussed recent news in the Cannabis Industry and Trading for Cannabis Investors. Lane and Hasse also had time to look into the following publicly-traded companies : Tilt Holdings Inc (OTC: TLLTF ) The Valens Co Inc (OTC: VLNCF ) Ayr Wellness Inc (OTC: AYRWF ) Trulieve Cannabis Corp (OTC: TCNNF ) Cresco Labs (OTC: CRLBF ) Green Thumb Industries (OTC: GTBIF ) Urgan-Gro Inc (NASDAQ: UGRO ) IM Cannabis Corp (NASDAQ: IMCC ) Columbia Care Inc (OTC: CCHWF ) The cannabis industry is a wealth of trading opportunities, its growth is driven by … Full story available on Benzinga.com
Colgate-Palmolive (NYSE:CL) declared a dividend payable on May 14, 2021 to its shareholders as of March 11, 2021. It was also announced that shareholders of …
The stock traded at a P/E multiple of 46.25, while the price-to-book value ratio stood at 27.81.
Vertically integrated cannabis company Cresco Labs (CSE:CL) (OTCQX: CRLBF ) has taken over Bluma Wellness Inc. (CSE:BWEL) (OTCQX: BMWLF ) in an all-stock transaction. The Chicago-based company announced Wednesday it has closed the previously announced deal to purchase the cannabis retailer for $213 million. Transaction Details: Under the terms of the agreement, Cresco obtained 184,814,281 Bluma shares, or all of its issued and outstanding shares. Each Bluma share was equal to 0.0859 of one of Cresco’s subordinate voting shares. The Florida-based company received 15,875,449 Cresco shares in return. Clarus Securities Inc., INFOR … Full story available on Benzinga.com
A total of 2,156 shares changed hands on the counter till 10:31AM (IST)
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