Demand for weed has “noticeably increased” as the coronavirus pandemic forces people indoors, an analyst said Thursday, adding that Canadian cannabis producer Aphria (APHA) was primed to gobble up more of the nation’s pot market in the process. Aphria stock and marijuana…
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Is This the Most Undervalued Cannabis Stock?
The cannabis industry is projected to grow rapidly over the next few years, but companies looking to profit from this trend have several headwinds to deal with. One of these issues is the fact that the regulatory environment surrounding cannabis-based…
I Bought This Marijuana Stock During Yesterday’s Meltdown
The past couple of weeks have been pretty ugly for investors. Since the broad-based S&P 500 reached its all-time closing high on Feb. 19, the benchmark index has logged five of its eight-largest single-day point declines in history (through March 9). In…
2 Dirt-Cheap Cannabis Stocks to Buy Right Now
The coronavirus pandemic has sent cannabis stocks and the markets as a whole into freefall over the past few weeks. And while that’s unnerving for investors who have seen nothing but red, it’s also a great buying opportunity with many…
How the Coronavirus Is Causing Big Problems for the Cannabis Industry
The coronavirus has put many investors on edge as of late, with the markets recording some of their biggest losses in decades. There’s a lot of fear out there related to the virus and COVID-19, the illness it causes. Stocks…
Aurora Cannabis Is Now a Penny Stock. Will It Recover?
Marijuana stocks have gone through a massive roller-coaster ride over the past couple of years. Go back to 2018, and it seemed that even the tiniest companies with ties to cannabis were soaring, even if their business models were unproven.…
This Could Be the Biggest Cannabis Winner of the Stock Market Crash
Whether it’s the ongoing COVID-19 outbreak or Saudi Arabia’s recent attempt at an oil price war with Russia, there’s a lot going on for investors to be worried about. The Dow Jones fell by over 2,000 points — or 7.8%…
This Pot Stock Looks to Be the Only Clear Winner in Canada
At this time last year, marijuana stocks were the hottest thing since sliced bread. At the end of the first quarter of 2019, more than a dozen cannabis stocks wound up rising by at least 70% in a three-month stretch,…
The Hands-Down Best Marijuana Stock to Buy During This Market Correction
Few stocks have proved to be immune to the coronavirus-fueled market correction that’s under way. Marijuana stocks are no exception. Two of the leading cannabis-focused exchange-traded funds (ETFs) have plunged more than 30% from their highs set earlier this year.…
3 Ways to Benefit From the Cannabis Industry’s Growth Without Taking on Much Risk
There’s no denying that there’s a lot of growth potential for the cannabis industry. Grand View Research expects that the global legal marijuana market will be worth $73.6 billion by 2027, up from an estimated $18 billion in 2019. And…