Canadian cannabis company Canopy Growth Corp.’s stock jumped 10% Friday after Piper Jaffray raised its price target on the stock by 50% and said the company is well-positioned in the emerging and growing markets for legal and medical marijuana…
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Is Tesla the Next Great Marijuana Stock?
For decades, the cannabis industry has been considered taboo. However, that changed in 2018. The passage of the Cannabis Act in Canada, and the ending of nine decades of recreational marijuana prohibition in October, paved the way for billions of dollars…
5 Pot Stocks Wall Street Believes Will Double
Whether you realize it or not, the cannabis industry had an incredible year in 2018. You might not think this was the case given the underperformance of many brand-name pot stocks, but the industry itself gained validation in a big…
2 Marijuana Stocks Wall Street Thinks Will Drop
The marijuana industry had itself quite the year in 2018. Although pot stocks were somewhat of a mixed bag, with many delivering huge declines, the cannabis industry gained validity like never before. In October, Canada became the first industrialized country…
Is Aphria a Buy Here?
Aphria (NYSE:APHA) listed its shares on the New York Stock Exchange in 2018. At long last, it began selling products in the Canadian recreational marijuana market, and the company expanded internationally. Aphria’s share price, however, still plunged more than 60%…
The Big News That’s Moving Marijuana Stocks Higher
Canopy Growth (NYSE:CGC) is the first cannabis company to take advantage of a new path to do business in the U.S., but it’s unlikely to be the last. The recent Farm Bill removes hemp from the controlled substances list, providing…
This No-Name Marijuana Stock Is About to Become a Top-6 Producer
Last year saw the legal marijuana industry take steps that had never been taken before. More specifically, our neighbor to the north, Canada, legalized recreational cannabis, becoming the first industrialized country and only the second country in the world other…
3 Marijuana Stocks to Watch Now
Canopy Growth (NYSE:CGC) just announced that it plans to invest up to $150 million in New York state to target the emerging market for cannabis products derived from hemp, but it’s not the only marijuana company that investors ought to…
Why Tilray Is Sinking Today
Shares of Tilray (NASDAQ:TLRY) sank 10.8% as of 10:54 a.m. EST on Tuesday after falling as much as 14% earlier in the morning. It was a day of reckoning of sorts for the Canadian marijuana producer as its initial public…
Better Buy: Aurora Cannabis vs. Scotts Miracle-Gro
Aurora Cannabis (NYSE:ACB) and Scotts Miracle-Gro (NYSE:SMG) shareholders are probably glad that 2018 is behind them. Aurora’s share price fell 35% last year — although the steep drop stemmed entirely from dilution caused by issuing new shares — while Scotts…
