The marijuana industry has been blazing hot to begin 2019, and perhaps no pot stock with a valuation of more than $1 billion has been hotter than Cronos Group (NASDAQ:CRON). Shares of the Ontario-based grower have more than doubled since…
The 3 Best Oil Stocks to Own as Crude Prices Keep Rallying
WTI crude oil prices continue higher in 2019 and are now up almost 40% from their December lows. While consumers are feeling the effects of near $60-per-barrel oil prices at the gas pump, the rally has created a huge opportunity…
Why is pot stock CannTrust Holdings (CTST) crashing today?
Shares of CannTrust Holdings (NYSE:CTST) were crashing 16.8% lower as of 11:24 a.m. EDT on Thursday. The Canadian marijuana producer announced disappointing fourth-quarter results before the market opened. CannTrust reported Q4 net revenue of 16.2 million Canadian dollars (around $12.1…
Why is the marijuana sector trading down more than 3% today?
Cannabis stocks fell Wednesday, led by Cronos Group Inc., after Canaccord downgraded the stock to sell from hold following its weaker-than-expected earnings. Cronos stock CRON, -9.94% fell 8%, after Cannacord analysts Matt Bottomley and Bobby Burleson said the company’s valuation was looking stretched after…
These 3 marijuana stocks are Wall Street’s favorites
Investors have never been more excited about marijuana stocks, and the returns that early movers into the cannabis space have produced have been nothing short of sensational. Yet as with any other industry, not all pot stocks are created equal,…
Wall Street Wants to Hide This Opportunity from You
The Wall Street “suits” love to warn average folks like you away from this this investment. Unsurprisingly, they couldn’t be more wrong. Not only is it a safer play than most stocks, but it usually delivers bigger returns, more often.…
