After notching two straight days of gains, on Wednesday marijuana stocks again obeyed gravity by falling Earthward. The catalyst was a steep quarterly net loss from…
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Wall Street Just Upgraded This Popular Cannabis Stock, but You Should Avoid It
After a string of analyst upgrades in June, shares of cannabis producer Aurora Cannabis (NYSE:ACB) have been receiving a lot of attention. Many investors are excited about the average expectation of a 67% upside for the stock in the next year, based…
Got $1,000 in Cash? Put It Into These 3 Small-Cap Cannabis Stocks
According to Marijuana Business Daily, legal marijuana’s retail sales ascended to a new high in Canada in May, with nearly CA$186 million worth of cannabis sold. That represents a 116% year-over-year increase from sales figures in May 2019. Contrary to what…
2 Top Pot Stocks to Buy in a Recession
In a recession, deciding on which stocks to hold in your portfolio can be a challenging task. You need to look for companies that sell products and services that will continue to be in demand during a recession and that…
9 Smaller Marijuana Stocks You Shouldn’t Ignore
Ever since the bubble burst on marijuana stocks, the green sector has witnessed plenty of red. To add cruelty to this malaise, the novel coronavirus came along, sending the market deeper into the doldrums. Plus, with unprecedented governmental responses leading…
3 Reasons Canadian Pot Stocks Could Crush Earnings Expectations in Q2
For more than a year, cannabis stocks have been a monumental disappointment. Though the industry still offers incredible long-term growth potential, all next-big-thing investments face growing pains, and the pot industry is currently working its way through that phase as…
Three Reasons To Be Bullish On Cannabis Stocks
Since mid-March, Cannabis stocks have rebounded 79% from the record low set by the New Cannabis Ventures Global Cannabis Stock Index, yet they remain down 28% in 2020 and 83% since early 2018, days after California legalized cannabis for adult-use…
3 Stocks That Provide a Safer Way to Invest in Cannabis
Not everyone can invest directly in marijuana stocks. Last year, for example, according to Military.com, Department of Defense employees were warned that investing in marijuana companies could hurt an employee’s security clearance. Other private employers, particularly contractors that interact with…
Robinhood Investors Love This Marijuana Stock. Here’s Why You Should Avoid It at All Costs
As of Friday, this cannabis producer was the 11th most widely held stock among Robinhood users. More than 447,000 investors held it in their portfolios on the platform.
3 Cannabis Stocks to Benefit From New York Recreational Cannabis Approval
After the coronavirus fears subside and the U.S. counts the economic toll, the legalization of cannabis is a potential beneficiary. Most states have huge budget deficits with an eye on legalization of especially recreational cannabis as a major source of…