Market Crash Alert: How the Cannabis Bubble Affects All Stocks

Investors that have lost their shirts with various Canadian cannabis stocks over the past year can attest the pain of a bubble and stock prices. Valuations are now at levels that, by some metrics, are at all-time highs. Therefore, investors ought to be more cautious with making large investments in any company right now. In this article, I’m going to…

Read More

Which Canadian Cannabis Stocks Are the Most Market Crash-Proof?

No business is truly crash-proof. However, there is one quality that can predict which TSX cannabis stocks are most resilient to market forces. This single, overriding quality is cash-richness. But which Canadian cannabis stocks are the most cash-rich? Let’s take a look at four big names to add to a watch list of Canadian marijuana producers. Go big, but take…

Read More

Aurora Cannabis (TSX:ACB) Stock: More Pain Ahead

Speculative: it is a word that I have used to describe the cannabis sector since it first started making waves a few years ago. This week, Aurora Cannabis (TSX:ACB)(NYSE:ACB) announced a reverse stock split. This is yet another sign that the industry is struggling to gain a footing.  Pot stocks took the world by storm in late 2017, when it…

Read More

Canadian Cannabis: Is Canopy Growth (TSX:WEED) Stock Still a Buy Right Now?

It used to be profitability that signified a Canadian cannabis stock’s biggest buy signal. Right now, though, it’s cash runway. Profitability is still crucial, but cash is key in the race for survival. And not all Canadian cannabis stocks are going to survive. “Survive now, thrive later” is the name of the game. So, which companies are likeliest to get…

Read More

If You’re Going to Buy Weed, Buy It in Aggregate

If you haven’t noticed, Canadian cannabis producers are risky to own. The same volatility that allowed these companies to double on a weekly basis has allowed some of the same names to halve a weekly basis. Here’s my take on why investors looking to invest in cannabis ought to buy the Exchange-Traded Fund (ETF) tracking the sector: the Horizons Marijuana…

Read More

Cannabis: Put That in Your Beverage and Drink it?

Boy, oh boy. Everyone saw this coming. I mean, valuations in the Canadian cannabis industry a year ago were just loony. Anyone who read my piece “Bigger Bubble: Cryptocurrencies or Cannabis” were warned of this near the peak. That’s ancient history now, but with the overall cannabis sector down over 70% from these highs, my hopes are that folks who…

Read More

This Canadian Pot Stock Is Preparing for Exponential Growth

The pot market continues to grow year after year, at least in terms of consumer demand. Canaccord Genuity Group Inc thinks that Canada’s cannabis industry will hit $3.2 billion in sales this year, up from $1.5 billion in 2019. That’s a jump of more than 100%. The U.S. market is also growing rapidly. According to Grand View Research, the legal…

Read More

2 Popular Stocks Hitting New 52-Week Lows

Aurora Cannabis (TSX:ACB)(NYSE:ACB) and Canada Goose Holdings (TSX:GOOS)(NYSE:GOOS) are two popular Canadian stocks. The two stocks have recently hit new 52-week lows. Buying a stock that’s hit a 52-week low and that rebounds after is a profitable strategy. But there is a risk that the stock might go down further. It’s therefore important to look at a company’s outlook to…

Read More

Why This Is the Best Cannabis Stock in Canada 

The cannabis industry hasn’t been able to catch a break. After touching record highs just over a year ago, the industry has been in a prolonged bear market.  Since peaking in March of 2019, the Canadian Marijuana Index has lost 74% of its value. The recent downturn has wiped out most of the industry’s goodwill and the Index is now…

Read More

Top Cannabis Stocks for 2020

Cannabis stocks are ready for a rebound. After a difficult 2019, valuations have compressed to attractive levels. Demand forecasts, meanwhile, continue to exceed expectations. Cowen Inc, one of the more experienced voices on cannabis, noted in 2016 that global pot sales would rise from $6 billion to $50 billion by 2026. “Cannabis prohibition has been in place for over 80…

Read More