The legal cannabis industry will grow 145% from $10 billion in sales in 2017 to $24.5 billion by 2021. But there are still misconceptions about the billion-dollar market. Workers are lazy. Building a cannabis business is easy. Marijuana dispensaries attract…
3 Clear Signs Marijuana Stocks Are in a Bubble
After a first-half lull, marijuana stocks are on fire once again — and it’s not hard to understand why. To begin with, Canada is set to become the first industrialized country in the world to legalize recreational marijuana. Exactly six weeks…
One of My Favorite Drillers Is Set to “Strike It Rich” All Over Again
The Delaware Basin in arid western Texas and southern New Mexico used to be a good deal more inviting than it is today. In fact, around 300 million years ago, when the region was south of the Equator, the area…
This Signal Could Mean Gold Prices Will Rally into the Fall
By the start of last week, gold prices looked like they were going to pull off a 180-degree reversal. After testing a daily low of $1,175 in mid-August, gold managed to regain $1,200. Gold then went on to touch $1,210…
2 Small-Cap Marijuana Stocks Poised for Big Gains
Marijuana stocks have easily outpaced the broader markets this year and for good reason. The legal pot market is projected to expand at a compound annual growth rate of 19.75% over the next 13 years, making it one of the…
There’s a Massive Payday Coming for Investors Riding the U.S. Cannabis IPO Wave
The stunning success of Canadian cannabis stocks is no secret to sharp investors. In just the past year, Canopy Growth Corp. (NYSE: CGC) is up over 550%. Cronos Group Inc. (Nasdaq: CRON) is up over 530% in that same time.…
