On April 24, Ford Motor Co. (NYSE: F) announced its plans to invest $500 million into Michigan-based electric truck manufacturer Rivian. The Ford/Rivian takeover is another sign legacy car manufacturers are quietly leading the pack on electric vehicles (EVs). In…
You Own the “Microsoft of Weed”; Now Grab This Small Powerhouse
Earlier this week, I showed you how Canopy Growth Corp. (NYSE: CGC) was the “King of Cannabis,” the Microsoft of the legal marijuana sector. It’s a huge, bona fide blue-chip pot stock and one every investor – not just those…
3 Pot Stocks Facing Huge Lockup Expirations in the Second Half of 2019
Few events rival the excitement of marijuana stocks either going the initial public offering (IPO) route or going public via a reverse takeover. With the marijuana industry forecast to produce as much as $75 billion in annual sales by the…
Is HEXO the Best Pot Stock to Buy Right Now?
Even in a record-setting market, pot stocks have proven to be unusually powerful growth vehicles. The downside, though, is that most cannabis plays now sport sky-high valuations — many of which are frankly hard to justify from a fundamental perspective.…
Time to Buy the “Microsoft of Weed”
Imagine it’s Jan. 1, 2000, and you’re admiring the massive piles of cash you made with astute tech investments since 1990. You got rich from Cisco Systems Inc. (NASDAQ: CSCO) and JDS Uniphase. You bought shares in the first public…
This Marijuana Dividend Could Grow by 67% in 2020
Over the past couple of years, we have witnessed marijuana milestones that at one time never seemed possible. To our north, Canada has become the first industrialized country in the world, and the second overall behind Uruguay, to legalize recreational…