There’s simply no industry that’ll have investors seeing green quite like the marijuana industry. According to the duo of Arcview Market Research and BDS Analytics, the global weed industry is on track to grow by 38% in 2019 to $16.9…
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Which Company Sold the Most Marijuana Last Quarter?
Following the opening of Canada’s recreational adult-use marijuana market last October, top marijuana stocks could capture billions of dollars in sales as consumers shift their spending from the black market to licensed marijuana retailers. The potential to profit from pot…
Which company was the winner in Q1, 2019 – Aurora Cannabis, Canopy Growth, or Tilray?
Canadian marijuana stocks, in general, delivered sizzling performances in the first quarter of this year. Many stocks generated greater returns in the quarter than they did in all of 2018. Among the biggest players in the cannabis industry, there was…
3 Speculative Pot Stocks to Consider Buying Right Now
The marijuana industry is growing like a weed, and both Wall Street and the investment community have taken notice. According to Wall Street, the global pot industry has a shot at between $50 billion and $75 billion in annual sales…
2 Marijuana Stocks for Conservative Investors
After a slew of disappointing fourth-quarter earnings reports from Canada’s largest cannabis producers, it might seem like this industry has nothing to offer investors who are averse to taking huge risks. You’re nearly right, but there are at least two…
This Is the Most Overvalued Pot Stock and Its Quarterly Report Proves It
The marijuana industry has been blazing hot to begin 2019, and perhaps no pot stock with a valuation of more than $1 billion has been hotter than Cronos Group (NASDAQ:CRON). Shares of the Ontario-based grower have more than doubled since…
Why is pot stock CannTrust Holdings (CTST) crashing today?
Shares of CannTrust Holdings (NYSE:CTST) were crashing 16.8% lower as of 11:24 a.m. EDT on Thursday. The Canadian marijuana producer announced disappointing fourth-quarter results before the market opened. CannTrust reported Q4 net revenue of 16.2 million Canadian dollars (around $12.1…
Why is the marijuana sector trading down more than 3% today?
Cannabis stocks fell Wednesday, led by Cronos Group Inc., after Canaccord downgraded the stock to sell from hold following its weaker-than-expected earnings. Cronos stock CRON, -9.94% fell 8%, after Cannacord analysts Matt Bottomley and Bobby Burleson said the company’s valuation was looking stretched after…
These 3 marijuana stocks are Wall Street’s favorites
Investors have never been more excited about marijuana stocks, and the returns that early movers into the cannabis space have produced have been nothing short of sensational. Yet as with any other industry, not all pot stocks are created equal,…
Which Pot Stock — Aurora, Canopy, Cronos, or Tilray — Has the Most Upside?
The legal cannabis industry is budding before our eyes, and investors have clearly taken notice. Though estimates vary wildly, a handful of Wall Street investment banks are counting on the global weed industry to crank out sales of $50 billion…