One year ago, it looked as if the cannabis industry would not be stopped. Canada had just become the first industrialized country in the modern era to legalize recreational marijuana, derivative products were expected to be launched by no later…
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Why Canopy Growth Stock Just Dropped 14%
Shares of Canopy Growth (NYSE:CGC) dropped precipitously in early Thursday trading, and were down 14.1% as of 10 a.m. EST today, after the Canadian cannabis company announced fiscal Q2 2020 earnings this morning. And by “earnings,” I mean “losses…
Better Buy: OrganiGram Holdings (OGI) vs. Canopy Growth (CGC)
Cannabis stocks have lost much of their appeal over the past few months. With both small and large caps losing a significant chunk of their market value, investors are right to wonder how much longer the cannabis sector will continue…
Surprise! 3 Pot Stocks With Rising Sales Estimates
A year ago, cannabis was the hottest investment on the planet – and it’s not hard to understand why. Although estimates vary wildly on Wall Street, the prevailing consensus is that worldwide marijuana revenue will grow fivefold to 18-fold between…
5 Marijuana Stocks to Watch This Week
Five marijuana stocks are reporting their earnings this week. Aphria (NYSE:APHA) showed strength in October with a profitable quarter, but as a whole, the cannabis industry has disappointed relative to the valuations of many of its stocks. This week’s reports…
1 Massive Problem for the Cannabis Industry That Needs to Be Addressed Immediately
The cannabis industry has been growing significantly in recent years as legalization has progressed in many states, with 11 having passed legislation for recreational use and more states likely following suit. In addition, the farm bill was passed nearly a…
3 Top Marijuana Stocks to Invest in Today
An oversupply of product has led to difficulties in the marijuana industry, where many companies have seen significant declines in stock prices recently. A Centers for Disease Control report of 800 vaping-related deaths and injuries has also likely scared investors…
The 9 Best Marijuana Stocks in October
True to Halloween, October was another ghoulish month for cannabis stocks. After rocketing higher during the first quarter of the year, marijuana stocks have been in a precipitous seven-month downtrend. Last month, a majority of pure-play pot stocks ended the…
Which Pot Stock Just Took a Big Leap Overseas?
Somewhat atypically for a marijuana stock, Cronos Group’s (NASDAQ:CRON) latest growth initiative isn’t an acquisition — it’s an initial public offering (IPO). Yes, the company is already listed on the Toronto Stock Exchange and the Nasdaq, and no, it didn’t…
Will These Cannabis Stocks Triple, As Wall Street Predicts?
Roughly one year ago, marijuana stocks could do little wrong. With Canada officially legalizing the sale of recreational marijuana and opening its doors to consumers on Oct. 17, 2018, the sky seemed to be the limit for pot stocks. But…