News that Alberta is set to lift its ban on the sale of cannabis vape should provide a modest boost to industry sales and improve sentiment in a sector that sorely needs it, says Jefferies (source).
APHA has a Neutral Quant Rating, a Bullish SA Authors Rating, and a Bullish Sell Side Rating. Its factor grades are: Value A, Growth A+, Profitability B-, Momentum D, Revisions D+.
ACB has a Very Bearish Quant Rating, a Bearish SA Authors Rating, and a Neutral Sell Side Rating. Its factor grades are: Value A+, Growth A, Profitability C-, Momentum F, Revisions D.
APHA and ACB's poor Momentum and EPS Revisions grades demonstrate how beaten down the stocks are.
APHA is up 2.4%, and ACB 1% premarket.