Why Canopy Growth (TSX:WEED) Stock Soared 22% Higher This Week

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…

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Is This $375 Million Cannabis Stock Too Good to Be True?

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…

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Here Are 3 TSX Stocks to Sell if Joe Biden Becomes President

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,…

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