|Bid||4.6400 x 3000|
|Ask||4.6600 x 2900|
|Day's range||4.5000 - 5.1200|
|52-week range||2.6500 - 9.9400|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||11.14|
|Earnings date||09 Jan 2023 - 13 Jan 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||5.33|
Yahoo Finance Live looks at cannabis-tied shares following President Biden's signing of a marijuana research bill.
Cannabis investors today are reacting to a historic development in the industry on Friday. Tilray shares soared nearly 12%, while Aurora and SNDL stocks were up between about 6% and 7% in early trading.
The cannabis industry is experiencing rapid growth. According to Allied Market Research, if estimates are correct, it could be worth $149 billion by 2031. While Canadian pot stocks have a legal market to grow in, the market is modest compared to the U.S. Meanwhile, U.S. cannabis stocks continue to defy expectations even in a limited state market.