Chances are that you’d struggle to find a faster-growing industry right now than legal marijuana. With global sales expected to grow by 38% in 2019, and more than double between 2018 and 2022, the cannabis industry has all the makings…
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Aphria leads cannabis stocks higher after Jefferies starts coverage with a buy rating
Aphria Inc. shares soared about 9% Friday to lead the cannabis sector, after Jefferies started coverage of the stock with a buy rating. Analyst Owen Bennett assigned Aphria APHA, +15.29% APHA, +13.92% a C$15 ($11) price target that is 115% above its current trading level,…
5 Small-Cap Pot Stocks That Should Be Very Profitable by 2020
In case you haven’t been paying attention, the marijuana industry has been the buzz on Wall Street for more than two years, and for very good reason. With Canada lifting the curtain on nine decades of recreational prohibition, and more…
3 Top Cannabis Stocks to Buy in May
The global cannabis industry is enjoying explosive growth. Hemp-derived cannabidiol (CBD) alone could become a $22 billion market by 2022, according to Brightfield Group, while the marijuana market could one day reach $166 billion in annual sales, according to Bank of America. Across the world,…
3 Pot Stocks Top-tier Money Managers Bought in Q1 2019
Whether you realize it or not, mid-May a special time of the year for investors — and I’m not talking about the barrage of earnings reports that have hit the newswires over the past couple of weeks. No, I’m talking…
Better Buy: Aphria (APHA) vs. Aurora Cannabis (ACB)
You might think that the choice between Aphria (NYSE:APHA) and Aurora Cannabis(NYSE:ACB) is an easy one. Aphria underperformed Aurora last year and has done the same in 2019 so far — and by a wide margin. But there’s a lot more to consider than just…
Say What? Someone Actually Upgraded This Pot Stock?
If you think the broad-based stock market is on fire, then you obviously haven’t been paying close enough attention to the legal cannabis industry. This year alone, marijuana stocks have run circles around the S&P 500 in terms of total…
Do you know which marijuana stock has received 7 price cuts so far this month?
The marijuana industry is quickly becoming a big-money business. Despite it generating just a few billion dollars in legal sales a few years ago, Wall Street investment banks are now calling for worldwide cannabis sales to hit between $50 billion…
How are Tilray (TLRY) and Aurora Cannabis (ACB) trading after reporting earnings?
Earnings season is past its peak, but a couple of prominent marijuana stocks reported their latest results, pulling investors’ attention to the cannabis market. Tilray (NASDAQ:TLRY) and Aurora Cannabis (NYSE:ACB) are both big players in marijuana, and their quarterly reports…
How did CannTrust’s (CTST) shares react after reporting earnings this morning?
CannTrust Holdings Inc. shares soared Tuesday, after the Canadian cannabis company posted a surprise quarterly profit and said it’s on track with a production goal of 50,000 kg of annual capacity by the third quarter. The U.S.-listed shares rose…
