For the past 16 months, marijuana stocks have been a nightmarish holding for investors. Many have fallen 50% or more as growing pains have picked up throughout North America. Regulatory-based supply issues in Canada and exorbitant tax rates on legal weed…
2 Pot Stocks That Could Soar in August
The cannabis industry is doing well during the pandemic, with sales looking strong in multiple U.S. states. Oregon cracked $100 million in monthly marijuana revenue for the first time in May, a 60% improvement from the same period a year…
Why Marijuana Stocks Plunged Yesterday
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…
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…
