CannTrust Holdings Inc. shares soared Tuesday, after the Canadian cannabis company posted a surprise quarterly profit and said it’s on track with a production goal of 50,000 kg of annual capacity by the third quarter. The U.S.-listed shares rose…
Our Top Pot Stock to Buy Could Easily Double Your Money
It’s been an incredible run for pot stocks over the last three years. A $10,000 investment in Aurora Cannabis Inc. (NYSE: ACB) in early 2016 would have handed you more than $200,000. And $10,000 invested in Cronos Group Inc. (NASDAQ:…
Why Oil Prices Plummeted 4% Today
Today has been a rollercoaster for oil prices. In fact, oil prices spiked 2.6% earlier this morning (Monday) after two oil tankers were attacked near the Strait of Hormuz. A third of the world’s crude oil moves through the strait…
Don’t Fall Victim to the No. 1 Mistake of Marijuana Investing
Warren Buffett may be considered the greatest investor of all time, but that doesn’t mean we agree with every piece of investing advice he gives. Lately, he has been telling investors to go passive with their equity exposure through exchange-traded…
Marijuana REIT Innovative Industrial (IIPR) posts triple-digit profitability growth
Innovative Industrial Properties (NYSE:IIPR), which owns and leases properties to companies involved in the cannabis sector, reported strong first-quarter 2019 results after the market close on Wednesday. Shares fell 1.3% on Thursday, which we can attribute to general market sentiment,…
How Canopy Plans to Dominate the European Weed Market
Cannabis companies are wasting no time “scaling up.” U.S. multi-state operators routinely spend $1 billion as they scramble to achieve a national footprint. Harvest Health and Recreation Inc. (CSE: HARV, OTC: HRVSF) spent $850 million in stock on its acquisition…
