What happened Canadian pot stocks are getting hit hard across the board today. As of 1:21 p.m. EDT, for example, shares of Canopy Growth Corporation (NYSE:CGC) and Cronos Group (NASDAQ:CRON) were both down by 11.2%, whereas Tilray‘s(NASDAQ:TLRY) stock had fallen by 14.4%. What’s going on? Canopy, Cronos, and Tilray…
Gold Prices Are Gathering Momentum for a New Rally
Although gold prices consolidated last week, they’ve formed a new higher level. The price of gold has traded in a range near $1,200 since mid-August. But now gold prices are hovering around $1,223, with a new floor possibly around the…
These 3 Stocks Could Be the First $100 Billion Pot Companies
Marijuana stocks have been taking off, and investors have never been more excited about the prospects for the cannabis industry. Now that recreational marijuana is legal in Canada, Canadian cannabis companies have come to the forefront, with companies like Canopy Growth (NYSE:CGC) and Tilray (NASDAQ:TLRY) seeing especially high…
This Was a Big Week for Weed, but the Future’s Looking More Lucrative Than Ever
Our grandkids (no doubt flush with comfortable inheritances) may not ever realize that Wednesday, Oct. 17, 2018, was the day “everything changed.” That was, of course, the day recreational “adult use” sales of cannabis became legal in Canada – the…
3 Blunt Marijuana Facts Investors Don’t Want to Hear
The green rush is officially on! This past Wednesday, following nine decades of prohibition, Canada lifted the curtain on recreational marijuana. Depending on the province, adults age 18 or 19 and older are free to purchase cannabis in licensed stores or…
These Top Stocks to Buy Will Reap Billions from Climate Change Fears
The best climate change stocks to buy are suddenly looking even better. Last week’s dire United Nations report dramatically ramped up the sense of urgency to fight climate change. The report, authored by the UN Intergovernmental Panel on Climate Change…
