Marijuana stocks have been having a great year in 2019. After a series of earnings reports showing massive sales boosts from the beginning of adult consumer use sales, Canada’s weed producers have gone on another epic rally. Although top weed stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) still haven’t quite touched their 2018 highs, they’re getting there, and good earnings news could easily…
Read More
Choosing between the hundreds of companies looking to profit from the growing cannabis sector isn’t easy. While some might win big in the long run, many others will likely end up on the sidelines at best. Let’s turn our attention to two potential big players in the cannabis sector: Hexo (TSX:HEXO) and Charlotte’s Web Holdings (CNSX:CWEB). Which of these is…
Read More
Marijuana player Aurora Cannabis (TSX:ACB)(NYSE:ACB) released its fiscal third-quarter earnings on May 14, and management reiterated an earlier promise for an operating-earnings-positive quarter in the next installment. The company had reported ever-widening operating losses over several quarters in the past, as management went all out on an aggressive acquisitions-led growth spree, but there have been some notable emerging trends that…
Read More
There are a lot of changes happening in the cannabis industry, and many companies might not be left standing for long. It’s likely that they’ll end up being acquired — or simply run out of money. One cannabis CEO is very skeptical about what the future will hold for some companies, believing that the money is going to run out…
Read More
The month of May has been a bad one for Canopy Growth (TSX:WEED)(NYSE:CGC). After an epic four-month rally, shares in the world’s biggest weed company started falling, reaching as low as $60 after flirting with $70 weeks earlier. This isn’t the first time Canopy shares have tanked. Shortly after marijuana was legalized last year, weed stocks fell in a bear market…
Read More
48North Cannabis Corp. (OTC Pink: NCNNF) (TSXV: NRTH) is a Toronto-based, vertically-integrated cannabis company that is focused on the health and wellness side of the market. The company is continuing to develop its manufacturing and formulation capabilities for use in its own branded products. The company operates Good Farm, a 100-acre outdoor cannabis farm, which is capable of producing 40,000…
Read More
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.…
Read More
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…
Read More
BioLumic, Ltd. is a New Zealand-based agriculture technology company that has developed a sustainable ultraviolet (UV) crop yield enhancement system. The technology is designed to improve yield and consistency, while reducing and even eliminating extra chemicals. This makes BioLumic’s technology, clean, environmentally-friendly and GM-free. The “technology activates natural mechanisms in seeds and seedlings that increase plant growth, vigor, and natural…
Read More
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…
Read More