Canopy Growth (TSX:WEED) Stock: Is the End Near?

If there’s one industry that has been incredibly frustrating for investors of late, it’s the cannabis industry. Canopy Growth (TSX:WEED)(NYSE:CGC) in particular used to be the darling of the industry, but that has all changed. WEED stock plummeted from all-time highs back in October 2018 after legalization. Since then, WEED stock has struggled to get anywhere near those highs again. Then, the…

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Coronavirus Market Meltdown: Buy Canopy Growth Stock for Defensive Pot Status

Speculations on whether the cannabis industry is a defensive, non-cyclical consumer staple producer with resilient sales that remain strong during economic recessions will settle when financial results for the first calendar quarter of 2020 start creeping in. Until then, should cannabis investors consider industry leader Canopy Growth’s (TSX:WEED)(NYSE:CGC) stock a defensive play during the ongoing coronavirus-induced economic meltdown? Canopy Growth…

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Top 5 Institutional Shareholders of HEXO Corp. (NYSE: HEXO)

The Canadian licensed producer, HEXO Corp. (NYSE: HEXO) has been hit hard over the past year, as the overall cannabis industry hits the reset button. Over the past year, the cannabis company has seen striking losses over 75%. Shares are not off to a great start in 2020 either, as HEXO Corp. is already down 20.13% through January 29th. Source:…

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Cannabis Investors: Read This to Avoid a Major Industry Risk

Debt is going to be a big issue for the cannabis industry, especially if it takes even longer to mature and evolve than we are expecting now. The industry will inevitably become naturally integrated into the economy and society and grow to be mature industry, but the longer that takes to happen, the more vulnerable cannabis companies with high debt…

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Why Hexo’s (TSX:HEXO) Stock Offering Is Bad News for Cannabis Stocks

Amid a low-volume trading week in which the markets where only open for three days, Hexo (TSX:HEXO)(NYSE:HEXO) announced an equity offering. On the surface, there is nothing wrong with equity offerings. High-growth companies do it all the time, as they need cash to fund growth. Depending on the size of the company, they may also be limited in their borrowing…

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Bet Against the Cannabis Industry With This ETF

Cannabis stocks have been dreadful over the past several months. Even top pot stock Canopy Growth Corp (TSX:WEED)(NYSE:CGC) has fallen hard. From highs of more than $70 per share back in April, its share price has been cut by more than half since then. The turning point for the industry occurred in the summer when the CannTrust scandal emerged and Canopy’s co-CEO at…

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E-Cigarette Statistics Show Why Cannabis Stocks Are Just Getting Started

E-cigarettes are currently roiled in controversy, albeit sales growth remains positive. Looking back, it’s amazing how quickly this industry emerged. In 2013, the global vaping market was worth just $4 billion. This year, it’s expected to approach $20 billion, which represents 500% growth in just six years. By 2023, Euromonitor International expects the market size to surpass $45 billion. Given…

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Blockchain-Based Partnership Aims to Bolster Cannabis Data

The 21st century marketplace thrives on data. Marketing, logistics and development all depend on a constant influx of pertinent information. The nascent cannabis industry lacks much of this hard data – a problem that blockchain-based Measure Protocol hopes to solve. They’ve partnered with the cannabis-oriented Broccoli survey app to begin building a database of community information. Measure Protocol provides framework…

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Which Pot Stocks Can Capitalize on the Cannabis 2.0 Revolution?

The Cannabis 2.0 revolution is here. On October 17, cannabis concentrates and edibles became legal in Canada. This comes a year after full recreational legalization of fresh and dried cannabis flowers, oil, plants, and seeds. According to international accounting firm Deloitte, “The speed with which Canada’s cannabis industry has evolved over the past 18 months has been truly remarkable.” The…

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2 Cannabis Stocks Perfect for New Investors: Now’s Your Chance!

There has never been a better time to be investing in the cannabis industry for the first time. That’s because many of the early risks have now been resolved, giving investors clarity into which companies are ready to seize this massive opportunity. As well, prices have come down significantly in recent months. Most marijuana ETFs are down 50% or more…

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