420 2019

Counting Down to 12:01 AM April 20 2019

Aurora (TSX:ACB) Stock Nears All-Time Low: Is it Time to Buy?

Most pot stocks are in the doghouse, including industry leaders like Aurora Cannabis (TSX:ACB)(NYSE:ACB). Investors find it utterly disappointing to see promising cannabis companies lose market values one after the other. Aurora is no exception. However, with the stock price nearing its all-time low, is it time to buy? Lost momentum Aurora Cannabis was starting to gain momentum in January…

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Can Aurora Cannabis (TSX:ACB) Stock Rebound in 2020? 

Similar to nearly every other weed stock, Aurora Cannabis (TSX:ACB)(NYSE:ACB) has plummeted this year. The company has shed nearly two-thirds of its market value and is now trading at a two-year low.  The reason for this is clear: the first full year of legal marijuana sales in Canada haven’t worked out as anyone expected.  The new producers haven’t displaced the…

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Top Weed Stocks for 2020

It’s been a horrible year for legal marijuana stocks across the board. Collectively, the top three players have shed billions in market value and currently trading at less than half their price at the start of the year. Some smaller players are indeed on the verge of bankruptcy.  The outlook is dire and the industry is struggling to find its…

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Can Supreme Cannabis (TSX:FIRE) Stock Double Your Money?

Shares of Supreme Cannabis (TSX:FIRE) are trading at $0.91. The stock has lost 45% year to date and is down almost 50% in the last 12 months. Supreme Cannabis was publicly listed back on June 1, 2017, and closed trading at $1.22 that day. The stock reached a record high of $3.04 in January 2018 but has lost considerable value…

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Is Aphria (TSX:APHA) Stock a Buy After 2 Consecutive Profitable Quarters?

Aphria (TSX:APHA)(NYSE:APHA) just knocked it out of the park again. Yesterday, the company released its Q1 earnings, which showed an 848% year-over-year revenue-growth rate along with positive net and operating income. This isn’t the first time a large cannabis producer posted huge growth and profits in the same quarter. However, it’s the first time that any of the “big three”…

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Brexit Deal Calms Stock Market Recession Fears

This morning, the European Union and the United Kingdom announced that they have reached a deal on the U.K.’s exit from the European Union. Recession fears are subdued, but we aren’t completely out of the woods yet. Markets have been volatile, if not for the U.S. trade war with China, due to uncertainty over how the U.K.’s exit from the…

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Flowhub Secures $23 Million in Series A Funding

Flowhub is a cannabis retail software startup, which aims to provide dispensaries with point-of-sale, compliance, inventory monitoring, and business intelligence data. The startup’s platform is highly customizable and is first-to-market with mobile check-in and inventory management apps. Flowhub is utilized by over 700 cannabis dispensaries and processes over $1 billion in sales on an annual basis. In the past year…

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Why Is Aphria (TSX:APHA) Stock Falling Hard Today?

Aphria Inc. (TSX:APHA)(NYSE:APHA) stock is down 8.5% today, as investors probably continue to pour over the company’s second=quarter results that were released yesterday. At first glance, the quarterly result seemed to have offered cannabis stocks and cannabis investors a ray of sunshine and a ray of hope from the company’s results, which showed another quarter of positive earnings. So why…

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Aphria (TSX:APHA) Earnings Drives Cannabis Stocks Higher

Shares of leading cannabis company Aphria (TSX:APHA)(NYSE:APHA) gained over 15% yesterday after its fiscal first quarter of 2020 (ended in August) results were released. Aphria reported sales of $126.1 million with adjusted earnings per share (EPS) of $0.07. Analysts estimated the firm to post revenue of $132.2 million with EPS of -$0.02. Though Aphria revenue missed estimates, it crushed the…

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