Author: The Motley Fool

Cannabis companies are set to do very well in the coming decade. By 2030, according to economists, the cannabis market could be worth about $170 billion! That’s well up from the about $10 billion it’s worth today. In the meantime, legalization continues to creep in around the world. Most recently, five states either legalized or decriminalized cannabis in the United…

I often see retail investors talking about beta in the context of how risky a stock is. These people often look for stocks with a lower beta because they think it implies less risk. However, that is not the case. The beta is simply a measure of how volatile a stock is compared to the broader market. If a stock…

Pot stocks were all the rage in 2018. Some stocks increased 10 times in value! Recent history hasn’t been so exciting. In 2019, valuations collapsed. The COVID-19 pandemic of 2020 only added to the pain. If you’re a savvy investor, you know that this is exactly the time to pay attention. Like Warren Buffett advises, you want to buy when…

Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) was the first North American cannabis company to be publicly traded. It has been through many ups and downs as Canada worked hard in the early days of legalization. Management has been shuffled, strategic investors have entered the picture, and a bubble was burst. This week, we saw renewed optimism and hope coming from this once…

Cannabis stocks have been on quite a roller-coaster ride since 2015. Taking Aurora Cannabis (TSX:ACB)(NYSE:ACB) as a case study, it saw more than a 3,300% gain from the 2015 Canadian Federal Election to its highest points in 2018. Even in 2018, Aurora Cannabis stock saw two dips of 50% or greater before recovering and commencing the amazing fall we have…

Cannabis was a quick way to get rich. During the 2018 boom, pot stocks soared in value. A $1,000 investment could grow to $5,000 in a matter of weeks. Everything changed in 2019. That year, marijuana producers collapsed in value. The industry lost billions of dollars in value. Today, valuations are still at rock bottom. If you want to get rich,…

Pot stocks had an amazing 2018. Several upstarts became multi-billion dollar giants. The cannabis industry saw valuations double, triple, and then quadruple in a matter of months. Those days are long over. In 2019, the industry entered its first bear market. Any hopes of a recovery in 2020 were dashed by the coronavirus pandemic. Today, valuations are at rock bottom.…

Following the industry bear market of 2019, many thought cannabis stocks would recover. Then came the coronavirus pandemic. Today, valuations remain 80% below their peak. Marijuana companies are still hurting. Just look at Hexo (TSX:HEXO)(NYSE:HEXO). This $375 million business was once valued at $2 billion! But this is far from the end. Marijuana consumption continues to rise, and companies are figuring…

United States citizens and international onlookers were treated to the first debate between U.S. president Donald Trump and his challenger Democratic nominee Joe Biden on September 29. Last month, I’d discussed how a chaotic U.S. election could have a negative impact on domestic and global equities. The debate was one of the wildest and most contentious in modern history. Regardless,…

Pot stocks had a heyday in 2018. That year, cannabis companies saw their shares double, triple, or even quadruple in price. The industry minted countless millionaires in a handful of months. Things changed quickly. In 2019, cannabis stocks entered a rough bear market. The coronavirus pandemic of 2020 pushed valuations even lower. Right now, many marijuana investors are jaded and…