Index Option Calls
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Index Option Calls
No Result
View All Result
Home Latest News

Barclays initiates coverage of Tilray, Cronos and Canopy Growth

by
November 18, 2021
in Latest News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

I tried the Apple Vision Pro mixed-reality headset — here’s what it’s like

A.I. doomers are a ‘cult’ — here’s the real threat, according to Marc Andreessen

Barclays analyst Guarav Jain on Thursday initiated coverage of three cannabis stocks but said their businesses are limited by the relatively small size of the legal market in Canada. Barclays launched overage of Tilray
TLRY,
-12.84%

and Cronos
CRON,
-10.54%

with an underweight rating and price targets of $10 and $5.50 respectively. Barclays also initiated coverage of Canopy Growth
CGC,
-7.17%

with a price target of $14 and a equal weight rating. Canada will account for about 30% of Canopy’s and Tilray’s operating enterprise value, and about 40% for Cronos. “The rest of their enterprise value is attributable to optionality in the U.S. market” through alliances with U.S.-based multi-state cannabis operators, he said. “Canadian companies cannot directly invest in the US market. They are entering into structured transactions with U.S. multi-state operators that would convert into minority stakes upon U.S. federal legalization. We think the benefit of these deals accrues to the shareholders of MSOs rather than those of the Canadian companies.”

ShareTweetPin

Related Posts

I tried the Apple Vision Pro mixed-reality headset — here’s what it’s like

by
June 7, 2023
0

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple's new Vision Pro virtual reality headset is displayed during...

A.I. doomers are a ‘cult’ — here’s the real threat, according to Marc Andreessen

by
June 7, 2023
0

Andreessen Horowitz partner Marc Andreessen Justin Sullivan | Getty Images Venture capitalist Marc Andreessen is known for saying that "software...

Canadian wildfire smoke creates hazy skies and unhealthy air quality in New York City

by
June 7, 2023
0

The sun is shrouded as it rises in a hazy, smoky sky behind the Empire State Building, One Vanderbilt and...

Copycats are coming for JPMorgan’s high-yield ETFs. Here’s what’s next for the popular funds

by
June 7, 2023
0

While the excitement around artificial intelligence has driven the market higher in recent months, cash has continued to pour into...

Former New Jersey Gov. Chris Christie, a top GOP Trump critic, launches 2024 presidential bid

by
June 7, 2023
0

U.S. Republican presidential candidate and New Jersey governor Chris Christie speaks during the Heritage Action for America presidential candidate forum...

Next Post

Sen. Warren ask SEC to probe Trump SPAC deal with DWAC for possible securities violations

Cathie Wood sells nearly all of her Zillow holdings after flagging housing market concerns

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • A Couple Stored IRA Gold at Home. They Owe the IRS More Than $300,000.

    0 shares
    Share 0 Tweet 0
  • A California Couple Spent Eight Years Building Their Dream Retirement Home in Costa Rica

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs says buy these stocks to play Web 3.0 and the metaverse

    0 shares
    Share 0 Tweet 0
  • In his final warning, this stock trading wizard — who made big money in bear markets and crashes — called this market a bubble like no other

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs picks new stocks to buy — and says these 5 have over 100% upside

    0 shares
    Share 0 Tweet 0
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.indexoptioncalls.com
No Result
View All Result
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.indexoptioncalls.com