Canopy Growth (TSX:WEED)(NYSE:CGC) has long been known as the top cannabis stock in the world, synonymous with the industry’s growth. However, the hierarchy in the industry could soon be changing. At a market cap of more than $15 billion, Canopy Growth is certainly safe, in terms of market cap, as the top cannabis stock for the foreseeable future. However, there’s…
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When a cannabis company reports a strong cash position, investors in the sector are ecstatic. Green Organic Dutchman Holdings (TSX:TGOD) is seeing green, and this weed stock is rapidly taking over the marijuana industry. We’re finally hearing positive catalysts more than distressing ones. Industry players, including the giants, are building out the production facilities and waiting to become operational. Also,…
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CannTrust Holdings (TSX:TRST)(NYSE:CTST) has come under fire in the past couple of weeks amid a scandal that could threaten the company’s ability to continue operating as a cannabis producer. With the company found to be in violation of Health Canada’s regulations, it faces the possibility of losing its licence, which could destroy any value the stock has left today. It…
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Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is a cannabis export powerhouse. Shipping weed everywhere from Germany to the U.K., it has become a truly international company. Currently, Aurora’s international operations reach 24 countries, and with 40 nations in total having legalized medical pot, that reach could get even wider. Recently, Aurora’s international operations got a big boost when it was announced that the…
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Even if you aren’t a big investor, chances are you’re still aware that the marijuana industry has been the hottest thing since the internet on the stock market. For the last two or three years, investors have gained (and lost) a lot betting on these stocks, with Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) emerging as one of the top players in this young…
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Aurora Cannabis (TSX:ACB)(NYSE:ACB) is a global medical cannabis company founded in 2006. The company maintains nine popular medical cannabis brands, including Aurora, CanniMed, and MedReleaf. Exclusive foreign government supply contracts with Italy, Germany, Brazil, and Australia give Aurora a definite advantage over competitors. Aurora’s stock price has not done as well as peers such as Canopy Growth (TSX:WEED)(NYSE:CGC) and Cronos…
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Back in mid-April, I’d warned investors about the cannabis sector, as we awaited the next round of earnings from several of the top producers. As expected, earnings were a mixed bag for producers like Canopy Growth (TSX:WEED)(NYSE:CGC) and Aurora Cannabis (TSX:ACB)(NYSE:ACB). Overall, recreational sales have slipped in 2019. This is jarring after the hype surrounding recreational legalization. Horizons Marijuana Life…
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Bruce Linton is a household name in the cannabis industry. He became the poster boy for the industry’s growth and all the potential that it offered. He’d often be in interviews on TV discussing the goals for Canopy Growth (TSX:WEED)(NYSE:CGC) and did a great job of captivating audiences and getting people excited about the company. However, when he was let…
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After some very impressive moves from stocks in the sector — including Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) shares increasing 3,662% since 2014 — many marijuana investors are sitting on some sizeable gains. Most are prepared to hold on for the long-term, convinced we’ve only scratched the surface of marijuana’s potential. Remember, the drug has only been legal in Canada for less…
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CannTrust Holdings’s (TSX:TRST)(NYSE:CTST) recent downfall has been well documented. The company was caught illegally growing marijuana in areas not approved by Health Canada. The fallout was immediate. In the days following the bombshell, CannTrust lost 60% of its value. Although it has since recouped some of that, the company is still trading at a near 50% discount to where it…
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