Growth Investors: This Pot Stock Can Hit $1 Billion

Pot stocks are in a world of pain. Long gone are the days of 2018, when every cannabis company was seeing its valuation explode higher. Last year, an industry-wide bear market forced marijuana stock prices down by 50%. The coronavirus pandemic of 2020 only compounded those troubles. Look at industry leaders like Cronos Group. In early 2019, the company had…

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Cannabis Investors: A Boom Is Coming

It’s official. The cannabis bubble has definitely burst. Across the board even the biggest cannabis stocks have come crashing down. Even before the pandemic, these stocks were in trouble. Now that COVID-19 is still sweeping the world, these cannabis stocks have an incredibly long road ahead. However, there are a few signs of life out there that investors should look…

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Cannabis Investors: Expect a Bull Market in 2020

Cannabis investors have been on a roller coaster in recent years. In 2018, pot stocks were zooming. But last year, the bottom fell out, with most marijuana ETFs falling by more than 50%. Unfortunately, 2020 has brought more pain. The coronavirus pandemic and oil downturn have dragged the entire stock market lower. But here’s the thing: pot demand continues to…

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3 Warning Signs for Cannabis Investors

Boy, what a year 2019 was for investors in Canada’s new cannabis industry. The mood among many has certainly shifted, and the euphoria with which companies were gobbling each other up has abated. Horizons Marijuana Life Sciences Index ETF is now down 65% from its 52-week high in early 2019 (not its overall peak). Questions about where the bottom is remain, and…

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Marijuana Investors: The CannTrust (TSX:TRST) Situation Just Got Much Worse

In the past year, CannTrust Holdings (TSX:TRST)(NYSE:TRST) has become the black sheep of the cannabis family. Thanks to a regulatory scandal that resulted in several holds on its product and revocation of its licence, the stock went into a death spiral in the markets. As of this writing, the stock is down 87% from its peak 2019 closing price and has…

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Cannabis Investors: 2 Takeaways From HEXO’s (TSX:HEXO) Latest Earnings Guidance Revision

Cannabis investors more than freaked out when HEXO (TSX:HEXO)(NYSE:HEXO) released a new guidance and withdrew its earlier financial outlook for fiscal 2020 on Thursday, leading to a 24% fall in the pot firm’s stock price. Management gave a new revenue guidance for the quarter ended on July 31 at $14.5 million to $16.5 million and fiscal year 2019 revenue projection…

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Cannabis Investors: 3 Massive Reasons to Buy Canopy Growth (TSX:WEED) at 52-Week Lows

Canopy Growth (TSX:WEED)(NYSE:CGC) stock is back into free-fall mode again thanks in part to underwhelming quarterly results from Aurora Cannabis, which sent more shock waves across the industry. At this juncture, there’s just too much negativity out there, so if you’re willing and able to take on a bit of short-term pain, there could be a lot of gains to…

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