Why This Underdog Pot Stock Could Soar Past Canopy (TSX:WEED)

Strange things have been happening lately to a weed stock that was considered the most inferior in the cannabis industry. Aphria (TSX:APHA)(NYSE:APHA) sunk into the bottom rung recently. Investors nearly lost confidence in the company. However, the embattled cannabis producer is returning to the limelight. The way things are developing at present, Canopy Growth might be an erstwhile leader. Aphria seems…

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Tilray (NASDAQ:TLRY) vs. Aphria (TSX:APHA): Which Marijuana Stock Is Riskier?

Marijuana stock trading has made many millionaires during the past few years. Investors who’d jumped in this trade early made killings, as the companies benefited from global interest in this growing industry. But with winners, this space has also produced plenty of losers who got stuck when short-sellers pounced on weak marijuana companies. No doubt this industry has a lot…

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This Is the Only Marijuana Stock You Should Buy

The legalization rollout last year was an incredible opportunity for investors; it represented the culmination of over a year of growing demand and untapped growth potential and made many investors very, very happy. Turning towards the present time, much of that opportunity still exists, but with additional players and products in the market, finding those opportunities can be a challenge…

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WARNING: These 2 Marijuana Stocks Could Collapse in the Second Half of 2019

The second quarter of 2019 has not been kind to marijuana stocks. After getting off to a great start in Q1, many weed stocks started tanking in March, with the Horizons Marijuana Life Science ETF having shed 15% of its value since then. Although some marijuana stocks have fared better than others in this period, the general trend is decidedly negative,…

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4 Things to Watch as Canopy Growth (TSX:WEED) Reports Earnings Next Week

Cannabis giant Canopy Growth (TSX:WEED)(NYSE:CGC) is set to release its financial statements for financial year and fourth-quarter 2019 periods ended March 31, after market on June 20. Here’s what I think investors should pay close attention to while looking at the financial results. This will be the first set of corporate results issued under the new CFO Mike Lee, whom…

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3 Cannabis Stocks That Could Benefit the Most from U.S. Legalization

Cannabis continues making progress in the U.S. as Illinois recently passed into law a bill that will see it become the 11th state to legalize marijuana for recreational use — and more states that are likely to do the same. Both New York and New Jersey have shown an interest in legalizing cannabis, although the only question is when. The…

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Another Big Marijuana Stock Began Trading This Week

The bigger the cannabis industry in the U.S. becomes, the more competition will make its way onto the equity markets. This week, we saw another key marijuana company begin trading on the Canadian Securities Exchange (CSE). Harborside Inc (CNSX:HBOR) completed a reverse takeover of FLRish, Inc. and Lineage Grow Company Ltd. in order to go public. However, unlike many pot stocks…

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Should You Buy Canopy Growth (TSX:WEED) Ahead of Earnings?

Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) is going to be releasing its quarterly earnings later this month. And with its share price struggling since May, investors might be tempted to buy the stock before it announces its year-end results. Let’s take a closer look at the company to see whether it’s a good idea to buy now. In its last earnings release…

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Get Ready for Cronos Group (TSX:CRON) to Soar

Marijuana stocks have pulled back sharply in recent weeks, as concerns over their ability to post profitable earnings and their sky-high valuations grow. It is easy to understand these fears with many such as Cronos Group (TSX:CRON)(NASDAQ:CRON) having made massive gains over the last year. Cronos has seen its stock gain 154%, even after accounting for recent weakness, while industry…

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Colombia: Poised to Become the World’s Leading Cannabis Growing Jurisdiction

The global legal marijuana industry continues to boom with analysts predicting a massive surge in demand over the next decade and that the global market could expand to be worth US$66 billion by 2025. That represents an annual compound growth rate (CAGR) of 24%, highlighting the considerable growth ahead for an industry that is still in its infancy. While Canada…

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