It looks like life may be about to imitate art. Michael Burry, the investor who shorted mortgage securities ahead of the 2008 housing meltdown and was chronicled in the movie, “The Big Short,” sees another gigantic problem ahead. In fact,…
3 Reasons Aurora Cannabis Will Dethrone Canopy Growth as the Largest Marijuana Stock
Chances are that you’d struggle to find a more impressive growth opportunity than legal marijuana. According to growth estimates from Wall Street investment bank Stifel, the legal weed industry could see worldwide sales soar from $10.9 billion in 2018 to…
Cannabis Stocks Are Getting a Boost from the Unlikeliest Source
On Aug. 26, the DEA announced it was allowing more researchers to study a variety of cannabis strains to fully explore cannabis’s benefits. This news is yet another catalyst that’ll boost cannabis stocks higher. And 2019 has already been a…
Legal marijuana projects as one of the fastest-growing industries in the world over the next decade. Regardless of which Wall Street forecast you favor, growth prospects suggest a healthy double-digit compound annual growth rate for the industry through 2030, and…
What to Make of the Bitcoin Price Yo-Yo This Week
If you’re going to invest in Bitcoin, you have to be prepared for the volatility. The Bitcoin price action over the past week has been a prime example of Bitcoin’s roller-coaster nature. I’m going to go over what happened and…
Wall Street Just Upgraded This Cannabis Stock, but It’s Far From a Buy
Many years from now, it’s quite possible investors will look back on the cannabis industry as this generation’s greatest growth trend. After the industry logged $3.4 billion in legal global sales in 2014, Wall Street forecast sales of anywhere from…