To say that 2019 didn’t go as planned for marijuana stocks would be a serious understatement. Everything looked perfect heading into 2019, with Canada having recently legalized adult-use sales and derivative products expected to hit dispensary shelves later in the…
2 Best Cannabis Stocks to Own in 2020
Ever since Canada legalized marijuana for recreational purposes among adults on Oct. 17, 2018, the country’s fledgling pot industry has lost a staggering amount of its value. The fundamental reason is that the black market remains the primary source of…
Why Tilray Stock Popped 22.2% Today
Marijuana stock Tilray (NASDAQ:TLRY) increased in value by more than a fifth today, closing the day up 22.2% — and for a most surprising reason. Early Tuesday morning, Tilray announced that…
Why This Pot Stock Could Be A Better Buy Than Canopy Growth in 2020
Canopy Growth (NYSE:CGC) trades at a $7 billion market cap and, despite shedding half of its value over the past six months, the stock is still an expensive buy. The stock will likely recover if marijuana becomes legal in the…
2 U.S. Pot Stocks You Should Buy, According to Wall Street
Last year was supposed to be marijuana’s true moment in the sun, with the industry proving to Wall Street and investors that it could translate strong sales growth in recurring profits. Unfortunately, things didn’t go anywhere near as planned. In…
Why Shares of Aurora Cannabis (ACB) Fell 10% Today
Marijuana stock Aurora Cannabis (NYSE:ACB) is trading down by more than 10% on Friday, following a highly critical analysis from an investment bank. Late Thursday, Piper Sandler published a note saying it downgraded its recommendation to underweight (sell, in plain…
