Online Growth is Now Fueling a Second Boom for Cannabis Companies
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: PR Newswire
PALM BEACH, Florida, Sept. 25, 2019 /PRNewswire/ -- Global demand for cannabis has been exceptionally explosive. In fact, at current pace, research firm, BDS Analytics says U.S. sales of CBD products alone could grow from $1.9 billion in 2018 to more than $20 billion by 2024. That's opening a wide range of opportunities for retailers, and it's also forcing many of those same retailers online. After all, if they fail to establish an online business model, they could easily put themselves out of business. To assist with that transition, companies like Shopify are introducing new features to help cannabis retailers establish and expand an online presence. That's creating sizable opportunity for companies such as CannaOne Technologies Inc. (CSE:CNNA) (OTC:CNONF), Shopify Inc. (NYSE:SHOP), Canopy Growth Corporation (TSX:WEED) (NYSE:CGC), Aurora Cannabis Inc.(NYSE:ACB) (TSX:ACB), and Aphria Inc. (NYSE:APHA) (TSX:APHA).CannaOne Technologies Inc. (CSE:CNNA) (OTCPK:CNONF) BREAKING NEWS: Cann
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SHOP
News
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Moffett Nathanson from $86.00 to $99.00. They now have a "neutral" rating on the stock.MarketBeat
- What Makes Shopify (SHOP) a Strong Momentum Stock: Buy Now? [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at DZ Bank AG from a "hold" rating to a "sell" rating.MarketBeat
- Is Trending Stock Shopify Inc. (SHOP) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- It's time to look past the Magnificent Seven and invest in these standout Canadian tech stocks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SHOP
Earnings
- 8/7/24 - Beat
SHOP
Sec Filings
- 11/15/24 - Form 144
- 11/13/24 - Form 144
- 11/13/24 - Form 144
- SHOP's page on the SEC website