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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These Pot Stocks Have the Most Cash

The cannabis industry is in turmoil. Since 2019, many marijuana ETFs are down more than 50%. Making matters worse, cannabis pricing is in a free fall. This shouldn’t come as a surprise. At the start of the year, I stressed that no one is paying attention to the number one risk in the pot industry: commoditization. Consider Washington State. In…

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Should Hexo (TSX:HEXO) Investors Be Alarmed After the CFO’s Sudden Departure Just Weeks Before Earnings?

Last week, we learned that Hexo’s (TSX:HEXO)(NYSE:HEXO) recently hired CFO Michael Monahan was resigning, just months after taking the job back in May. What’s surprising is that he cited location — Hexo is based the Gatineau-Ottawa area — as one of the key reasons as to why he would be resigning from the position. While the reasons could very well…

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This $45 Billion Company Is the Next Key Player in Marijuana

Was it wise for the leader in the Canadian convenience store industry to make a strategic investment in a small-cap cannabis stock? Couche-Tard (TSX:ATD.A)(TSX:ATD.B) is the latest prominent business entity to join the green rush. The company invested $26 million in Fire & Flower to gain a 9.9% ownership interest. Brian Hannasch, president and CEO of Couche-Tard, was forthright when…

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