Aurora Cannabis (NYSE:ACB) and Cronos Group (NASDAQ:CRON) aren’t exactly investors’ favorites right now. Both stocks plunged in 2019, with Aurora sinking 56% and Cronos falling 26%. However, the situation could look better for Aurora and Cronos in 2020. Which of these two marijuana stocks is…
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3 Marijuana Stocks Trading Below Their Book Value
Last year was supposed to be a breakout year for marijuana stocks. The stage appeared to be set for a good portion of the industry to push toward profitability. Canada was selling adult-use weed, and higher-margin derivatives were slated to…
1 Marijuana Stock to Buy in 2020
I wouldn’t blame you if your New Year’s resolution was to stay away from marijuana stocks. After all, the cannabis sector was a hot mess last year. Consider that while the S&P 500 gained a healthy 29% during the calendar year…
The 1 Marijuana ETF Investors Haven’t Given Up On
Marijuana stocks had a tough 2019, suffering big losses as cannabis companies largely disappointed investors with their performance in the aftermath of Canada’s legalization of recreational marijuana in late 2018. Competitive pressures and challenges in rolling out a retail presence…
Is Trulieve Cannabis a Buy in 2020?
At this time last year, cannabis stocks appeared primed to push toward profitability. To our north, Canada had recently legalized adult-use weed sales, while higher-margin derivatives were set to hit dispensary shelves in the latter half of 2019. Meanwhile, a…
1 Cannabis Stock to Avoid At All Costs
This cannabis company has several things going its way. For instance, the pot grower teamed up with alcoholic beverage maker Molson Coors (NYSE:TAP) in 2018, and out of this partnership was born a joint venture, dubbed Truss Beverages. This company is…
4 of the Most Profitable Cannabis Stocks
To say that 2019 didn’t go as planned for marijuana stocks would be a serious understatement. Everything looked perfect heading into 2019, with Canada having recently legalized adult-use sales and derivative products expected to hit dispensary shelves later in the…
2 Best Cannabis Stocks to Own in 2020
Ever since Canada legalized marijuana for recreational purposes among adults on Oct. 17, 2018, the country’s fledgling pot industry has lost a staggering amount of its value. The fundamental reason is that the black market remains the primary source of…
Why Tilray Stock Popped 22.2% Today
Marijuana stock Tilray (NASDAQ:TLRY) increased in value by more than a fifth today, closing the day up 22.2% — and for a most surprising reason. Early Tuesday morning, Tilray announced that…
Why This Pot Stock Could Be A Better Buy Than Canopy Growth in 2020
Canopy Growth (NYSE:CGC) trades at a $7 billion market cap and, despite shedding half of its value over the past six months, the stock is still an expensive buy. The stock will likely recover if marijuana becomes legal in the…
