Cannabis stocks had a banner year in 2018. And thanks to a surfeit of landmark developments — such as the legalization of recreational marijuana in Canada, Mexico’s slow but steady march toward legalization, and Thailand’s decision to suddenly decriminalize medical…
The Price of Gold Will Keep Rallying in 2019 – Here’s My Newest Target
Any doubts about gold’s new bull run should now be put to rest. It’s true the price of gold started out 2018 just above $1,300 and ended the year just below that level for a small 1.7% annual loss. That…
Why Aphria’s Stock Is Sinking Today
Shares of Aphria (NYSE:APHA) sank 8.7% lower as of 11:29 a.m. EST on Monday after dropping as much as 10.5% earlier in the day. The decline appeared to be the result of investors’ dissipating excitement related to a hostile takeover attempt of Aphria, announced…
How We’ve Been Profiting on Oil’s Wild Moves
Government shutdowns, geopolitical angst, protracted instability inside the Beltway, and outright market manipulation are combining to make this a profoundly volatile, unsettling time. On Wednesday, for instance, both West Texas Intermediate (WTI), the benchmark crude rate set in New York,…
Dip Your Toes Into the Marijuana Industry With These 3 Stocks in 2019
The marijuana industry had an eye-opening 2018. To our north, Canada became the first industrialized country in the world, and only the second country overall, to legalize recreational cannabis. Although it’s going to take some time for capacity to ramp up…
Here’s What You Need to Know About Marijuana Mergers
We’ve seen time and again how “takeover targets” provide the opportunity for truly explosive gains. The right company finds the right buyer, and investors gleefully strap in for a virtually instantaneous double- or triple-digit ride. Dealmaking in general has done…
