After a slew of disappointing fourth-quarter earnings reports from Canada’s largest cannabis producers, it might seem like this industry has nothing to offer investors who are averse to taking huge risks. You’re nearly right, but there are at least two…
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This Is the Most Overvalued Pot Stock and Its Quarterly Report Proves It
The marijuana industry has been blazing hot to begin 2019, and perhaps no pot stock with a valuation of more than $1 billion has been hotter than Cronos Group (NASDAQ:CRON). Shares of the Ontario-based grower have more than doubled since…
Why is pot stock CannTrust Holdings (CTST) crashing today?
Shares of CannTrust Holdings (NYSE:CTST) were crashing 16.8% lower as of 11:24 a.m. EDT on Thursday. The Canadian marijuana producer announced disappointing fourth-quarter results before the market opened. CannTrust reported Q4 net revenue of 16.2 million Canadian dollars (around $12.1…
Why is the marijuana sector trading down more than 3% today?
Cannabis stocks fell Wednesday, led by Cronos Group Inc., after Canaccord downgraded the stock to sell from hold following its weaker-than-expected earnings. Cronos stock CRON, -9.94% fell 8%, after Cannacord analysts Matt Bottomley and Bobby Burleson said the company’s valuation was looking stretched after…
These 3 marijuana stocks are Wall Street’s favorites
Investors have never been more excited about marijuana stocks, and the returns that early movers into the cannabis space have produced have been nothing short of sensational. Yet as with any other industry, not all pot stocks are created equal,…
Which Pot Stock — Aurora, Canopy, Cronos, or Tilray — Has the Most Upside?
The legal cannabis industry is budding before our eyes, and investors have clearly taken notice. Though estimates vary wildly, a handful of Wall Street investment banks are counting on the global weed industry to crank out sales of $50 billion…
3 Medical Marijuana Stocks to Buy
Often, when analysts or bloggers talk up the potential of marijuana stocks, the focus is on the consumer side of the industry. But some of the best stocks in the pot sector may be medical marijuana stocks. Indeed, it’s on the…
The 1 surprising result in Canada’s latest National Cannabis Survey
Last year was a breakthrough year for the legal cannabis industry. Having long been viewed as taboo, the passage of the Cannabis Act in June in our neighbor to the north, and the official legalization and sale of recreational marijuana…
3 Pot Stocks With Skyrocketing Short Interest
Since the year began, the marijuana industry has seemingly done no wrong. Following the legalization of recreational marijuana in Canada in mid-October, Wall Street is projecting that global weed sales could top $50 billion in roughly a decade’s time. And…
The 3 Most Important Takeaways From Tilray’s Quarterly Results
The meteoric surge higher last year in Tilray’s (NASDAQ:TLRY) shares put this Canadian marijuana stock on investors’ radars, but it hasn’t been all good news for shareholders. Its stock price has dropped 75% from its peak of $300 last fall. Can this cannabis…
