After a pretty awful May, marijuana stocks as a whole had a much better June, with the Horizons Marijuana Life Sciences ETF crawling higher by 2%. There’s potentially $75 billion in annual sales on the line by 2030, and investors…
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Where Will Aurora Cannabis Be in 5 Years?
Most Canadian cannabis stocks are seemingly expensive today. After all, virtually none are profitable, and most have quarterly revenue under 100 million Canadian dollars. Yet some of these companies have seen their stocks bid up into the multibillions in market…
3 Surprising Marijuana Stocks That Raised Their Dividends
At the risk of stating the obvious, the U.S. marijuana industry has evolved at a breakneck pace. So much so, that several companies in the business even pay dividends — typically a feature of a company or industry that has…
This Is the Top Marijuana Stock to Buy in July
As the second half of the year begins, the long-term outlook for the marijuana industry continues to blossom. A relatively new report (“State of the Legal Cannabis Markets”) from the duo of Arcview Market Research and BDS Analytics finds that…
Aurora Cannabis (ACB) Stock Has Substantial Upside; Here’s Why
Aurora Cannabis (ACB) is rapidly proving to be the top cannabis production company in the world, as none of its competitors are even close in production capacity; it’s one of the top revenue generators in the sector; and within this…
This Mid-tier Marijuana Stock Just Made a Game-Changing Acquisition
The marijuana industry is transforming before our eyes and quickly maturing into a high-dollar industry, generating close to $11 billion in licensed-store sales in 2018. The duo of Arcview Market Research and BDS Analytics foresee more than $40 billion in…
Wall Street’s 2 Favorite Cannabis Stocks May Surprise You
Cannabis is quickly moving out of the shadows and transforming into a multibillion-dollar global industry. In the United States alone, Arcview Market Research and BDS Analytics estimate that total cannabis sales — including hemp-derived CBD oils — will come in at…
3 Reasons to Wait on Cannabis Favorite Cronos Group
By now, it’s become no secret that legal marijuana offers a potentially once-in-a-generation growth opportunity for investors. After global cannabis sales nearly hit $11 billion in 2018, according to the newest “State of the Legal Cannabis Markets” report from Arcview…
The Most Important Marijuana Growth Chart You’ll Ever See
Right now, few industries offer greater long-term growth potential than the legal marijuana industry. On Wall Street, peak sales projections for the cannabis industry have come in as high as $166 billion. The analyst behind this lofty forecast, Bank of…
Canopy Growth Tops Revenue Estimates But Warns of ‘Material Non-Cash Charge’
Canopy Growth Corp. (CGC – Get Report) posted better-than expected revenue for its fiscal fourth quarter after the market closed Thursday, but cautioned that its recently approved deal to acquire rights for U.S. based Acreage Holdings will lead to a charge that…
