Marijuana stocks have easily outpaced the broader markets this year and for good reason. The legal pot market is projected to expand at a compound annual growth rate of 19.75% over the next 13 years, making it one of the…
Author: ndenotto@adammesh.com
Is This Beaten-Down Pot Stock a Bargain?
Yesterday, shares of the Canadian marijuana investment firm Cronos Group (NASDAQ:CRON)took an absolute beating. During normal trading hours, the company’s stock fell by over 28%, and then it slipped another 6.9% in after-hours trading. What in the world happened? Cronos’ shares cratered yesterday…
Is This Marijuana Stock Outrageously Overpriced?
Tilray (NASDAQ:TLRY), a marijuana grower based out of British Columbia, reported its second-quarter earnings after the bell yesterday. Though the company generated a meager $17.6 million in revenue during the first half of 2018, its market cap has soared to a…
Which marijuana partner will beverage giant Diageo pick? Here Are 3 Top Candidates
Three cannabis producers that should definitely be on Diageo’s short list. Get ready for round three of the dating game. Constellation Brands chose Canopy Growth as its cannabis partner. Molson Coors Brewing selected The Hydropothecary. Now it looks like another major alcoholic beverage company is in search…
Cannabis company Canopy Growth (CGC) could acquire a Biotech — Here’s 1 intriguing candidate
The now cash-rich marijuana grower appears likely to buy a biotech. This one could check off several boxes. What does the top marijuana grower in the world do with a cash stockpile of more than $4 billion? Sit on it?…
Which is the Better Marijuana Stock: MedMen Enterprises vs. Organigram Holdings
Which stock wins in a matchup between the top U.S. cannabis retailer and a leading Canadian marijuana grower? Marijuana stocks, in general, have soared in recent days following the news that Constellation Brands invested a whopping $4 billion in Canopy Growth. MedMen Enterprises(NASDAQOTH:MMNFF) and Organigram Holdings (NASDAQOTH:OGRMF) are…
The Most Profitable Marijuana Stocks Right Now
These stocks have the best-looking bottom lines in the cannabis industry. Here’s why. Everyone knows the marijuana industry is booming. Canada’s recreational cannabis market opens later this year. The medical cannabis market in Germany — the largest economy in Europe…
Can These 3 Top Marijuana Stocks Make You Rich?
Canopy Growth, Cronos Group, and Tilray have captured the imagination of growth investors. But can the blistering growth of their share prices continue, or is it time to take profits? The marijuana business, as an investment opportunity, has come a…
Shares of This Major Cannabis Stock SKYROCKET Higher Today
What happened? Shares of Canopy Growth Corporation (NYSE:CGC) are 26.3% higher as of 10:15 a.m. EDT on Wednesday after the company announced a big investment from alcoholic beverage maker Constellation Brands (NYSE:STZ). Constellation is buying 104.5 million additional shares of Canopy for $4 billion —…
Introducing the Newest Marijuana Stock
This software-as-a-service provider is entrenching itself as the preferred e-commerce solution for the cannabis industry. The official launch date of recreational marijuana in Canada is drawing closer. In just two months and four days (Oct. 17, for those of you who hate…
