openPR Logo
Press release

Canadian cannabis stocks are set to rise

07-03-2019 03:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Libertex

Canadian cannabis stocks are set to rise on positive news from Aleafia Health Inc. that it is about to finish paying off convertible bonds in the amount of $25 million.
This comes after shares in Canopy Growth (CGC) saw significant growth following reports that the company had come to an agreement to acquire Acreage Holdings Inc. Under the terms of the deal, Canopy will be able to take control of the company as soon as US federal laws on cannabis are relaxed. Acreage will continue to operate independently but will have access to Canopy's intellectual property, branding, product recipes and patents.
Nevertheless, there were also some negative developments for the market, with Governor of New Hampshire Chris Sununu vetoing a bill that would open up governmental medical cannabis to commercial enterprises. This bit of news came as a serious setback to entrepreneurs who were hoping to set up businesses were the bill to have been passed.
Our financial scouts believe that the Canadian cannabis market is likely to rebound from this recent positive corporate news wave. With this in mind, they see share price rises for all of the major producers in this sector, with Canopy Growth, Aurora Cannabis (ACB) and Tilray (TLRY) tipped to rise to $42-43, $8-8.5 and $47 respectively. Elsewhere, they predict Aphria (APHA) will rise to

The Financial Services Centre, P.O. Box 1823, Stoney Ground,
Kingstown, VC0100, St. Vincent & the Grenadines

Libertex is an international brand with a twenty years history in financial markets and online commerce. Libertex provides investors with access to trading stocks, currencies, indices, commodities, gold, oil, gas and many other financial instruments. The Libertex team has more than 2,200,000 customers in Latin America, Europe and Asia owing to its first-class service. Libertex has more than 150 commercial instruments. In 2016, Libertex was recognized by Forex EXPO Awards as the best trading platform; and Global Banking and Finance Review named it the best trading application in the EAEU. Libertex is the best trading application and the best crypto currency broker according to Forex Awards 2017.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canadian cannabis stocks are set to rise here

News-ID: 1795156 • Views: 419

More Releases from Libertex

Tottenham Hotspur Announce Multi-Year Partnership With Libertex Libertex has bec …
Driven by their determination to be the best, this partnership will showcase the progressive outlooks and commitment to continued improvement that enables Libertex and Tottenham Hotspur to perform at the highest level in their respective fields. Since 1997, Libertex has been at the forefront of cutting-edge developments in the trading markets, with the company’s innovation rewarded with over 30 prestigious industry awards. In keeping with their club motto, ‘To Dare
Bitcoin & co., what are they ultimately for? Invest in Bitcoin halving expectati …
Eduardo Strecht Ricou, Libertex Senior Analyst I am often asked if I have a favourable or unfavourable opinion regarding the world of cryptocurrencies. I answer them with a question: "Do you know what Bitcoin is for?" They sometimes answer that they're "not sure" what Bitcoin is for, but that they heard the neighbour screaming out the window that he had made money buying and selling Bitcoin. What is Bitcoin? A new revolution in
Libertex wins Best Trading Platform in the European CEO Awards 2020
Top financial and business news magazine European CEO has chosen Libertex as the Best Trading Platform of 2020, as part of the prestigious publication's annual awards for innovation in business. The highly coveted prize, handed to Libertex CMO Marios Chaillis in London, recognizes Libertex as the leading trading platform on the market today. Nominated for its high quality product and outstanding client service, Libertex has been operating since 1997 and currently

All 4 Releases


More Releases for Canopy

Solar Canopy Carport Market
Global Solar Canopy Carport Market Insights, Forecast to 2026 The Solar Canopy Carport Market report helps identify the biggest opportunities in the Solar Canopy Carport industry space and offers accurate latent demand forecasting that empowers quantitative decision making among Solar Canopy Carport market players and new entrants. Investors will gain a clear insight into the dominant players in the Solar Canopy Carport industry and their future forecasts. Furthermore, readers will get
Solar Canopy Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on Solar Canopy Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The worldwide market for Solar Canopy is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global
Canopy Market to Witness Robust Expansion by 2024
LP INFORMATION offers a latest published report on Canopy Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Canopy market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report
Global Trailer Canopy Market: Pervasiveness of Trailer Canopy as an Efficient Co …
Solely led by consumer preference, trailer canopy market will continue to be influenced by key trends such as customization and vehicle innovations. Use of trailer canopy has extended beyond the purpose of shading to almost mimicking a mini warehouse or commercial storage. Key companies operating in the trailer canopy market have introduced a slew of novel solutions, which fall in line with evolving requirements of end-users. Click for Sample Copy of the Report
Trailer Canopy Market Estimated to Flourish at by 2028
Trailer Canopy Market: Opportunity Assessment of Trailer Canopy Market Illuminates Lucrative Business Opportunities for Participants The global trailer canopy market is expected to witness steady pace, with its demand being influenced by several trends and technological developments that have re-shaped the trailer canopy supply chain. Report overview @ https://www.xploremr.com/report/1468/trailer-canopy-market A recent research report by XploreMR focuses on various factors associated with trailer canopy market that are anticipated to sketch the future demand
Trailer Canopy Market to Record Ascending Growth by 2028
Trailer Canopy Market: Opportunity Assessment of Trailer Canopy Market Illuminates Lucrative Business Opportunities for Participants The global trailer canopy market is expected to witness steady pace, with its demand being influenced by several trends and technological developments that have re-shaped the trailer canopy supply chain. A recent research report by Fact.MR focuses on various factors associated with trailer canopy market that are anticipated to sketch the future demand of trailer canopy,