Zenabis Global (TSXV:ZENA) is not a name that is usually on most marijuana investors’ radars. Then again, in this post-legalization environment, it’s easy to see how a company like Zenabis, which has yet to complete its initial cultivation ramp up, can be overlooked in lieu of a name like Aurora Cannabis, which is selling products and battling for market share.…
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Cannabis is still very polarizing for consumers and investors. While it presents a great opportunity, with it being a brand-new industry to get involved in, it also presents a risk, particularly for established companies. Branding is important, and if a company gets it wrong, it could risk alienating its existing consumers, which would be bad news for its stock. Warren…
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Now that marijuana stocks have somewhat stabilized, it’s time for investors to take a good look at where they should put their next dollars. Of the top tier marijuana stocks out there, it’s pretty much impossible to argue that Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) isn’t number one. But that doesn’t necessarily mean you should buy it at any moment. This industry is…
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Cannabis stocks continue to dominate the market headlines, and investors who missed the marijuana stock rally in the first few months of 2019 are wondering which pot stocks might be the best picks for additional gains in the coming months and through the end of the year. Let’s take a look at HEXO (TSX:HEXO) to see if it deserves to…
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We could be seeing a lot more competition in the cannabis industry very soon. Health Canada recently announced that it would be making it easier for companies to obtain cannabis licenses. Previously, applicants didn’t have to have their sites ready to go before submitting their applications, which has created a lot of back-and-forth that wasn’t necessary that the government felt…
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Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) hit $65 million in net revenue in its most recent quarter. It was quadruple the $16 million in sales that the company did a year ago, but that doesn’t tell the whole story. Here are my three takeaways from the company’s Q3 results. Sales were up, but still not where they were supposed to be Investors…
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The S&P/TSX Composite Index is 2.5% below its highs at the time of writing today, as the broad market selloff continues. With this, we are seeing increasingly nervous investors that are becoming more aware of the risks out there and less willing to overlook them. As far as risk goes, the cannabis industry is certainly fraught with it, if only…
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Canadian marijuana producer CannTrust Holdings (TSX:TRST)(NYSE:CTST) stock rallied as high as 11% during morning trade on Tuesday, as the market reacted to the company’s latest quarterly earnings installment. Investors had some justifiable reasons to celebrate the company’s redeeming set of financials after a poor show in a previous quarter. I’ll discuss some notable takeaways from the quarterly installment. A strong…
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Aphria Inc (TSX:APHA)(NYSE:APHA) has been under a lot of scrutiny lately with the controversy surrounding a potential deal with Green Growth Brands, disappointing quarterly results, and changes in management all creating a lot of negative press for the company. Early in the year, the company announced that CEO Vic Neufeld would be transitioning out of his position. However, Aphria is…
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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…
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