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Cannabis Stocks News

6/15 10:36am

Analysts’ Recommendations for AbbVie in June 2017

f the 21 analysts covering AbbVie in June 2017, three have recommended “strong buys,” while six have recommended “buys.”
6/15 10:29am

New Colombia Resources Views the U.S. Attorney General's Negative Stance on Medical Marijuana as a Positive for Colombia

Medical Marijuana
6/15 10:03am

Relative valuations of all public LPs based on analyst estimates

oesn't seem like many of you have access to one of the major financial platforms, so I'll help you all out just a bit this time. Below are all the public LPs enterprise values (fully diluted market cap less cash plus debt) and relative valuations based on analyst estimates as of yesterday's close. Additional insights: Maricann's estimates are too aggressive as they were done prior to full knowledge of how the German market will operate (I commented on the basics before) Cheapest LPs based on below: WM, OGI, HVST (no estimates but has a lot of cash to execute on expansion) Beleave desperately needs money (only $2-3 million in the bank unless options and warrants proceeds have come through recently) Stop using P/E as a metric because no one has any clue what the economics of these companies will be over the long term, AN applying US economics for margins doesn't make sense because the regulatory burden is a fraction of what it is in Canada. LP Fully diluted enterprise value ($ millions) EV to 2018 Revenue EV to 2019 Revenue ABcann $153 5.1x 2.0x Aphria $668 7.1x 3.3x Aurora $745 3.8x 3.8x Beleave $52 19.9x 1.6x CanniMed $156 3.4x 1.9x Canopy $1,199 4.3x 2.9x Cronos $312 6.3x 2.8x Emblem $181 5.6x 2.2x Emerald $91 16.8x 2.2x Harvest One $50 - - Hydropothecary $135 4.9x 2.0x Invictus M $127 - - Maricann $116 3.0x 0.8x MedReleaf $739 4.7x 2.5x MMJ Phytotech $76 - - Newstrike $140 - - OrganiGram $195 3.5x 1.6x Supreme $354 10.7x 3.7x THC Biomed $45 - - WeedM $64 3.7x 1.3x submitted by /u/Clckwrkx [link] [comments]
6/15 10:02am

Abattis Adds Key Executive and Management Positions

Bioceuticals, Development, Management
ancouver, British Columbia--(Newsfile Corp. - June 15, 2017) - Abattis Bioceuticals Corp. (OTCQB: ATTBF) (CSE: ATT) (the "Company" or "Abattis") is pleased to announce the following key additions to our Executive and Management team, Anthony Jackson as Chief Financial Officer ("CFO"), Christina Boddy as Corporate Secretary, John Kaye as head of Corporate Development and Clayton Chessa as head of Operations. All positions will report directly to Robert Abenante, President and CEO of Abattis.Anthony Jackson ...
6/15 9:30am

The Zacks Analyst Blog Highlights: United Technologies, Abbott, Delta Air, Equity Residential and Ross Stores

he Zacks Analyst Blog Highlights: United echnologies, Abbott, Delta Air, Equity Residential and Ross Stores
6/15 9:26am

Abbott Laboratories Up on EPD & Buyouts, Pediatric Weak

Distributor, Products, Research
n Jun 14, we issued an updated research report on Illinois-based Abbott Laboratories (ABT). It is a leading distributor of health care products and services across the globe.
6/15 9:06am

This Product Pipeline Brings Hope for AbbVie’s Future Growth

bbVie (BBV) has a focused immunology pipeline in order to address various dermatologic and gastrointestinal conditions.
6/15 8:30am

Arena Pharmaceuticals to Present at JMP Securities Life Sciences Conference

AN DIEGO , June 15, 2017 /PRNewswire/ -- Arena Pharmaceuticals, Inc. (NADAQ: ARNA), today announced that Amit Munshi , the Company's President and Chief Executive Officer, will present a corporate update ...
6/15 8:00am

AV1 Group Announces Launch of its New Vape Super Store;

Bitcoin, Products
ite Has Over 800 Products; "The Amazon Of The Vaping ector"; ite Accepts BitCoin, LiteCoin and DogeCoin AN DIEGO , June 15, 2017 /PRNewswire/ -- AV1 Group, Inc. (OTC Pink: AVOP), a publicly-traded ...
6/15 7:36am

How Is AbbVie Expected to Perform in 2017?

n 2016, AbbVie (ABBV) reported net revenue of ~$25.6 billion, which reflected a rise of ~12% year-over-year (or YoY).
6/15 6:00am

Alere says feds won’t take action in billing probe

altham diagnostics firm Alere said ednesday that the U.S. Department of Justice has closed an investigation into the company’s billing practices without filing any charges. Alere (ALR), which has agreed to be acquired by Abbott Laboratories (ABT), said in a first-quarter earnings release that the DOJ informed the company on June 8 that it would not take legal action. The investigation first came to light in July 2016, when the all Street Journal reported that Alere had received a criminal subpoena seeking records from its toxicology unit.
6/15 2:44am

Aurora's short term and long term outlook?

here was a recent post asking this about Aphria and good info was shared. Would like to know more about Aurora. submitted by /u/76since89 [link] [comments]
6/14 9:43pm

What is the short term and long term outlooks on aphria?

Investment, Research
n a crowded and risky market, where exactly does aphria stand? What are the upsides of this company compared to others? know that it's strictly more focused on the medicinal side of the business but was wondering if someone with more research and knowledge on weed stocks themselves can show me some of the good and bads of an investment in the company. submitted by /u/Spencerdo [link] [comments]
6/14 4:01pm
ARNA Stock Split

Arena Pharmaceuticals Announces Shareholders and Board of Directors Approve Reverse Stock Split

AN DIEGO, June 14, 2017 /PRNewswire/ -- Arena Pharmaceuticals, Inc. (ARNA), today announced that at the annual meeting of stockholders, held June 13, 2017, stockholders voted to approve a proposal authorizing the Board of Directors of the Company to amend the Company's certificate of incorporation to effect a reverse stock split of Arena's outstanding common shares at an exchange ratio of 1-for-10, and a change in the number of authorized shares of common stock to 73.5 million shares. Arena's Board of Directors had previously directed that the proposal be submitted to the shareholders for approval and has subsequently determined that the reverse stock split will take effect at 5:00pm ET on June 16, 2017. Beginning with the opening of trading on June 19, 2017, the Company's common stock will trade on a split-adjusted basis.
6/14 12:36pm

Lifeloc Technologies, Inc.: Strong price momentum but will it sustain?

ategories: Yahoo FinanceLifeloc Technologies, Inc. relative valuation is OVERVALUED and it has a fundamental analysis score of 56. Our analysis is based on comparing Lifeloc Technologies, Inc. with the following peers – Weight Watchers International, Inc., Spark Networks, Inc. and Nutrisystem, Inc. (WTW-US, LOV-US and NTRI-US). Lifeloc Technologies, Inc. has shown overwhelming performance over the last one ... Read more (Read more...)
6/14 5:12am

Aphria invests in: Scythian Biosciences Inc. and Kitrinor Metals Inc. Announce Signing of Business Combination Agreement

6/14 3:01am

Spearmint Acquires 4 Vanadium Prospects, the "Chibougamau Vanadium Prospects" in Quebec, Canada

ancouver, British Columbia--(Newsfile Corp. - June 14, 2017) - Spearmint Resources Inc. (TSX: SRJ) (OTCBB: SPMTF) (FSE: A2AHL5) ("SRJ" or the "Company") wishes to announce that it has acquired a 100 percent interest in 4 separate vanadium prospects, the "Chibougamau anadium Prospects" all located in the direct vicinity of Lac Chibougamau, Quebec. These 4 separate vanadium prospects comprise 50 separate claims totaling approximately 6,850 acres (2775 hectares).James Nelson, President of Spearmint stated, "We ...
6/14 1:15am

Abattis Provides Company Update

6/13 3:30pm

United Cannabis Corporation Signs Memo Of Understanding with Herbal Biotech Pathways Labs to Establish Puerto Rican Joint Venture

Cannabis, Distribution, Facilities, Production, Research
ompanies Will Establish Grow, Production, Research, and Distribution Facilities to Operate in and Serve the ommonwealth of Puerto Rico DENVER, O / AESSWIRE / June 13, 2017 / United annabis orporation ...
6/13 3:03pm

How AbbVie Inc. Makes Most of Its Money

umira remains AbbVie's primary revenue source for now, but the arrival of biosimilars of the popular anti-inflammatory medication is likely to change that.
6/13 2:55pm

Blue Diamond Ventures Inc. Restructures Around Israeli Cannabis Opportunities

6/13 2:05pm

An Overview of Imbruvica’s and Venclexta’s Clinical Pipelines

n November 2013, AbbVie’s (ABBV) mbruvica received approval from the FDA for the treatment of mantle cell lymphoma (or MCL).
6/13 12:35pm

Imbruvica May Witness Significant Revenue Growth in 2017

n 1Q17, AbbVie’s (ABBV) mbruvica generated revenue of $551 million, which reflected a ~44.7% year-over-year (or YoY) revenue rise and a 7.8% quarter-over-quarter rise.
6/13 11:17am

Cannabix Set to Begin Trials in BC with New Hire

6/13 10:50am
INCC Enters

INCC enters into an exclusive license agreement

ARAOTA, Fla. , June 13, 2017 /PRNewswire/ -- International Consolidated Companies, Inc. (INCC) announced today it entered into an exclusive license agreement with Brooks Kelly Research, LLC for a patent ...
6/13 10:45am

Humira May Continue to Drive AbbVie’s Revenue Growth

n 2016, AbbVie’s (ABBV) drug Humira reported revenue of ~$16.0 billion, which reflected a ~15% year-over-year (or YoY) rise.
6/13 10:12am

Alliance Creative Group (ACGX) Produced New Packaging for Crossfuel Extreme Performance Black Series

lliance Creative Group, Inc., is pleased to announce they have produced new packaging for the Crossfuel Extreme Performance Black series. The folding carton has 4-color glossy UV coating, diecut and is ...
6/13 9:58am

Lifeloc Technologies, Inc. :LCTC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 13, 2017

ategories: Yahoo FinanceGet free summary analysis Lifeloc Technologies, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Lifeloc Technologies, Inc. – Weight Watchers International, Inc., Spark Networks, Inc. and Nutrisystem, Inc. (WTW-US, LOV-US and NTRI-US) that have also reported for this period. Highlights Summary numbers: ... Read more (Read more...)
6/13 9:40am

Zoned Properties, Inc. :ZDPY-US: Earnings Analysis: Q1, 2017 By the Numbers : June 13, 2017

Investments, Real Estate
ategories: Yahoo FinanceGet free summary analysis Zoned Properties, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Zoned Properties, Inc. – hesapeake Lodging Trust, Retail Opportunity Investments orp., Vornado Realty Trust and Alexandria Real Estate Equities, Inc. (HSP-US, ROI-US, VNO-US and ARE-US) that have also ... Read more (Read more...)
6/13 9:36am

Tetra Bio Pharma Announces UNB Cannabis Health Research Chair

Cannabis, Research
6/13 8:44am

True Leaf Announces Second Tranche Closing of Private Placement

6/13 8:30am

AbbVie and Principia Announce Collaboration on Oral Immunoproteasome Inhibitors

quot;Principia has discovered a novel technology that has the potential to enhance the treatment landscape for a variety of immunological diseases,quot; said Lisa Olson, vice president, immunology research, AbbVie.
6/13 8:00am

Amfil Technologies Inc. Announces That Our Subsidiary, Snakes & Lattes Inc., Is Expanding Internationally Into the Game Publishing Business

mfil Technologies Inc. is pleased to announce that its subsidiary, Snakes & Lattes Inc., will be entering the game development and publishing business. This is a crucial step towards expanding on its ...
6/13 8:00am

Vapor Group, Inc., VPOR, Announces Easy Grinder Now Appearing in HIGH TIMES and Available to buy on

Advertising, Marketing
apor Group, Inc. (OTC Pink: POR), ('Company'), announced today that Easy Grinder™, exclusively distributed by its subsidiary, Total apor, Inc., is being promoted in the 'Shop' section of 'HIGH TIMES' magazine's website at The Company is also now able to accept orders to ship to Canada. "We are very excited to have launched our ongoing marketing and advertising campaign for Easy Grinder™ in HIGH TIMES," said Yaniv Nahon, COO of the Company.
6/13 7:45am

Earth Science Tech, Inc. Announces New Wholly-Owned Subsidiary, KannBidioid Inc., to Manufacture & Distribute Vapes/E-Liquids & Gummy Edibles to Vape/Smoke Shops

Cannabis, CBD, Development, Edibles, Manufacture, Nutraceuticals, Research, Science, Pharmaceuticals
ollywood, June 13, 2017-- Earth Science Tech, Inc., an innovative biotech company focused on cannabis CBD-based, cannabinoid research and development, nutraceuticals, pharmaceuticals, medical devices ...
6/13 6:00am

Anything Technologies Media in Negotiation to Acquire Biotech Company specializing in "Ant microbial" Surface Products to Protect Against Harmful Viruses, Bacteria, Molds and Fungi

Media, Products
LACERVILLE, CA, June 13, 2017 /RNewswire/ - Anything Technologies Media Inc's. (EXMT) Board of Directors announced today the company is in negotiation to acquire a Biotech Company specializing in surface protestant anti-microbial products that fight against harmful viruses, bacteria, molds and fungi. With the outbreak of many new viruses and bacteria ATM feels that this company has a special niche in the market place and has tremendous potential. ATM has been working with this company over the past several months to acquire them and after a long due diligence process is ready to move forward and close the deal.
6/12 8:07pm

Aphria and Cannabis Wheaton: Why is Fabrice Taylor Skeptical?

ttps:// I tink te video raises some good questions about Apria's business Wat do you tink about Te opinions in te video ? submitted by /u/roycr [link] [comments]
6/12 4:18pm

'Pokémon Go' is throwing another in-game event this week — here's what to expect

okémon Go is throwing an in-game "Solstice" event for its 65 million players from June 13...
6/12 1:23pm

Iconic Brands/ICNB News -- Retains Audit Firm and Legal Counsel

conic Brands, nc. today announced they have retained BMKR LLP Certified Public Accounts, a registered PCAOB firm,, to fully audit the company and allow for trading on a more senior exchange....
6/12 9:39am

Abbott Laboratories Saw a Recent Breakout

arring a close below $46, we are likely to see AT remain firm and work higher.
6/12 7:36am

IGC Acquires Exclusive Rights to THC-based treatment for Alzheimer’s Disease

ETHESDA, Md., June 12, 2017-- India Globalization Capital, Inc. is pleased to announce that it has entered into a definitive license agreement with the University of South Florida making IGC the exclusive ...
6/12 7:30am

Easton Pharmaceuticals Announces It Has Finalized Agreement Terms With Alliance Group For Ownership Stake in Several Businesses On 45 Acres Of Agricultural Land, Which Includes The Cultivation of Medical Marijuana For National Canadian Market

Medical Marijuana, Pharmaceuticals, Cultivation
aston Pharmaceuticals, Inc. , is pleased to announce, pursuant to its previously announced Letter of Intent with Canadian based -- Alliance Group -- final Terms have been mutually agreed to on a final ...
6/10 12:38pm

This Biometric ID System Allows You To Buy Weed, Booze And Other Controlled Products From A Vending Machine

Alcohol, Cannabis, Products, Vending Machines, Pharmaceuticals, Vending Machines
merican Green Inc (OTC: ERBB ) recently unveiled a new system that allows vending machines to sell controlled and age-restricted products like alcohol, pharmaceuticals, casino chips, cannabis and even ...
6/09 4:15pm

AbbVie must pay $15 mln in Depakote birth-defect trial: jury

federal jury on Friday awarded $15 million to a 10-year-old boy whose mother blamed his birth defect on bbVie Inc's bipolar disorder drug Depakote that she took while pregnant, in the latest trial among hundreds of lawsuits over the product. Jurors in federal court in East St. Louis, Illinois, awarded the compensatory damages to Stevie Gonzalez, who was born with spina bifida.