HempAmericana, Inc. (OTC Pink: HMPQ) Skyrockets 90% After Launching Bottling Operations of its Full Spectrum CBD Distillate at its Maine Facility

HempAmericana, Inc. (OTC Pink: HMPQ) is engaged primarily in the CBD oil and rolling paper businesses, which operates under its brands Weed Got Oil and Rolling Thunders. Shares of the industrial hemp products company is skyrocketing 90.48%, through early trading on Monday, May 13, 2019. Over the past month, HempAmericana has seen average daily volume of 5.54 million shares. However,…

Read More

Whatever Happened to Tilray (NASDAQ:TLRY)?

Tilray Inc (NASDAQ:TLRY) was one of the stars of last year’s marijuana madness. During the rally kicked off by Canopy Growth Corp’s (TSX:WEED)(NYSE:CGC) $5 billion acquisition, Tilray actually briefly eclipsed Canopy itself, going on a 750% rally that sent its market cap to unprecedented levels. At the time, there was a lot of hype surrounding the company, a recent IPO…

Read More

Why Cronos Group (TSX:CRON) Declined Despite Posting a Huge Profit in Q1

Cronos Group Inc  (TSX:CRON)(NASDAQ:CRON) released its quarterly results last week, which showed sales more than doubling from the previous year. The company also recorded a massive $428 million profit during the quarter as well. However, the stock still declined 7% last week, leaving some investors scratching their heads. Why is the stock down? Although Cronos saw a big increase in…

Read More

The Dark Side of Marijuana Stocks

Marijuana stocks are among the most fashionable investments on the TSX. With some stocks in the sector up as much as 70% year to date, they’ve been beating the market with ease. If you’d invested $1,000 in Canopy Growth three years ago, you’d have $23,000 in the bank today — and that’s not the only marijuana stock that has made…

Read More