The past few months have been tough for large-cap pot stocks. Some companies, such as Aurora Cannabis, have had significant layoffs in an attempt to get their losses under control. Canopy Growth (NYSE:CGC) has also had its fair share of difficulties. Between…
Why I Bought These 3 Ridiculously Cheap Pot Stocks
When it comes to buying stocks, my main focus is on value. Now, defining value can be tricky. Some investors like Warren Buffett tend to define value in relation to a company’s competitive moat, and hence, its long-term ability to…
Is Canopy Growth’s Stock About to Double?
Cannabis stocks had a disastrous performance in 2019. The Horizons Marijuana Life Sciences ETF — which holds many of the top pot stocks on the market — slid by 39% last year. Several issues were responsible for marijuana companies laying a collective…
Cowen Downgrades These 3 Canadian Cannabis Stocks
One of the most enthusiastic analyst teams covering the cannabis sector just dialed back some of its assumptions about the state of retail cannabis sales in Canada. On Feb. 24, Vivien Azer, the top marijuana stock analyst at Cowen, lowered…
3 IPOs With a Lot to Prove Next Week
Earnings season isn’t over yet. There are still plenty of publicly traded companies that have yet to come out with their quarterly financial updates, and that list includes several of the more controversial names to go public in 2019…
Surprise! Billionaire Money Managers Bought These Pot Stocks in the Fourth Quarter
As you’re probably aware, marijuana stocks had an awful 2019. Though last year was supposed to be when cannabis stocks proved to Wall Street that they deserved premium valuations, supply issues in Canada and high tax rates in select U.S.…
