Cannabis stocks got off to a blazing-hot start to begin the year. During the first quarter, the Horizons Marijuana Life Sciences ETF, the very first cannabis exchange-traded fund, gained more than 50%, with over a dozen popular pot stocks rising in excess of…
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Aphria (APHA) Soars on Fourth-Quarter Results
Aphria (NYSE:APHA) stock was a star in late trading on Thursday, following the release of its fiscal Q4 2019 results after market close. The company well exceeded the market’s expectations for the period. Its net revenue increased more than tenfold on a…
2 Best Cannabis Stocks to Buy in August
The vast majority of cannabis stocks flat out wilted under the summer heat in 2019. Top dogs like Aphria, Aurora Cannabis, and Canopy Growth all saw their market caps take a whopping 20% haircut in just the past 30 days. The industry’s recent move lower…
Aurora Cannabis Lands a “Prime-Time” Partnership
Legal marijuana has more or less been anointed as the next-big-thing investment on Wall Street. After worldwide sales came in at just under $11 billion in 2018, various Wall Street firms have called for anywhere from $50 billion to $200 billion…
This Marijuana Stock Just Earned a Major Investment From Big Tobacco
Forgive the pun, but the cannabis industry is truly budding before our eyes. According to a newly released report from Arcview Market Research and BDS Analytics, global pot industry sales more than tripled from $3.4 billion in 2014 to $10.9…
Better Buy: Aphria (APHA) vs. Constellation Brands (STZ)
On paper, the choice between Aphria (NYSE:APHA) and Constellation Brands(NYSE:STZ) appears to be an easy one. Constellation Brands is bigger, more profitable, and even pays a dividend. But those current statistics that work to Constellation’s advantage don’t reveal growth prospects. It’s possible that Aphria could…
The Marijuana Stock Bubble Has Officially Burst. Now What?
Marijuana stocks have been going absolutely gangbusters for the past several years, thanks to the industry’s steady march toward legalization across the globe. Several cannabis stocks, in fact, have more than quadrupled in value over the prior 36-month period. Valuations across…
The 3 Pot Stocks You Should Buy, According to This Wall Street Firm
Even though the cannabis business has been around for a very long time, at least in illicit form, investors may forget that marijuana is still a nascent industry. There is no precedent to draw upon of an industrialized country legalizing…
The Only 2 Marijuana Stocks With Lower Forward P/E Ratios Than the S&P 500
Despite recently crossing above 3,000 for the first time in its storied history, the broad-based S&P 500 (SNPINDEX:^GSPC), which as its name suggests takes into account the weighted-average share price movements of around 500 companies, isn’t all that pricey. According…
3 Possible Buyers of Troubled Pot Stock CannTrust Holdings
It’s very possible that in a decade we, as investors, will look back on the cannabis industry as the greatest growth opportunity of our generation. After producing a mere $3.4 billion in legal worldwide sales in 2014, legal marijuana revenue…
