This weed giant was on the verge of achieving a leading position in the Canadian cannabis industry when the COVID-19 pandemic struck, forcing many of its retail stores to close. As a result, its stock plummeted, falling by 18% since…
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Is Aurora Cannabis the Best Pot Stock to Buy Now?
Plagued by oversupply, inventory issues, store closures due to COVID-19, and restructuring woes, shares of Aurora Cannabis (ACB) have suffered. The stock has fallen by nearly 90% in the span of a year, leaving many investors disappointed by what they once…
Why is Tilray Trading Down 13% Today?
Although heavy bottom-line losses are nothing new in the marijuana industry, the deficit Tilray (TLRY) reported in its latest reported quarter was considerable. It was also big enough to…
Why are Shares of Canopy Growth (CGC) Surging Today?
The U.S.-listed shares of Canopy Growth Corp. charged up 6.8% in premarket trading Monday, after the Canada-based cannabis company reported a narrower-than-expected fiscal first-quarter loss, although revenue rose less than forecast…
2 Non-Pot Stocks That Invested More in the Cannabis Industry This Year
The global marijuana market is projected to grow at a rate of 18.1% until 2027 to reach a size of $73.6 billion, according to estimates from earlier this year (before the coronavirus pandemic). Those are some high growth numbers, indicative…
Cannabis Stocks Fall As Low Weed Prices, Coronavirus Hit Cronos
Canadian cannabis company Cronos Group Inc. (CRON) said Thursday it had a net loss of $55.8 million, or 31 cents a share, in the second quarter, after earnings of…
3 Marijuana Stocks to Buy Before They Spark Back Up
Though the mania surrounding the marijuana stocks has dramatically subsided from its 2018 peak, pot stocks still have very dedicated fans on Wall Street. Trading them remains exciting as they constantly go on extended runs, in either direction. There is…
2 Cannabis Stocks That Could Double Your Money This Year
Many cannabis investors have suffered significant losses in recent years as marijuana companies have failed to deliver on promises of explosive growth. But the opportunities are far from gone, and there are still good marijuana stocks out there. With many…
3 Pot Stocks to Avoid Like the Plague in August
For the past 16 months, marijuana stocks have been a nightmarish holding for investors. Many have fallen 50% or more as growing pains have picked up throughout North America. Regulatory-based supply issues in Canada and exorbitant tax rates on legal weed…
2 Pot Stocks That Could Soar in August
The cannabis industry is doing well during the pandemic, with sales looking strong in multiple U.S. states. Oregon cracked $100 million in monthly marijuana revenue for the first time in May, a 60% improvement from the same period a year…
