Can Hexo (TSX:HEXO) Stock Double Your Wealth in 2020?

Shares of Canada-based marijuana company Hexo (TSX:HEXO)(NYSE:HEXO) are currently trading at $1.98. The stock has lost over 80% since April 2019 and has been one of the worst-performing stocks in the cannabis sector since the start of 2019. But we know that the optimism surrounding Cannabis 2.0 coupled with the rollout of retail stores in Ontario will hold pot companies…

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Down 60% in 3 Months, Is Aurora Cannabis (TSX:ACB) a Buy?

Top Canadian cannabis stocks have received a beating in the second half of 2019. This is doubly concerning when we consider that the S&P/TSX Composite Index has soared to record highs this year. The cannabis sector has seen its share of disappointments since recreational use was legalized in October 2018. Today, I want to look at one of the biggest…

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Molson Coors (TSX:TPX.B) Could Strike It Rich in 2020 With New Cannabis Drinks

Molson Coors Canada Inc. (TSX:TPX.B)(NYSE:TAP) is one of the best-known beverage companies in Canada. Its roots stretch back to 1786, when John Molson founded the Molson Brewery, the oldest brewery in North America as well as Canada’s second-oldest company. Today, Molson has expanded globally, with dozens of brands and millions of annual customers. Despite its long and storied history, 2020…

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Will Charlotte’s Web Holdings (TSX:CWEB) Stock Create Significant Shareholder Wealth?

We have seen the chaos in the cannabis sector over the last few months. Most cannabis stocks have lost 70% in market value, driven by lower-than-expected demand. The slow rollout of retail stores, competition from illegal sellers, and regulatory concerns have decimated pot stocks. But what if I told you one marijuana company has the potential to beat market returns?…

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Is HEXO (TSX:HEXO) Stock a Contrarian Buy?

The high-flying cannabis sector has hit some turbulence in the past six months and investors are wondering whether the pullback has simply gone too far. Volatility in marijuana stocks is not new and investors should expect that trend to continue as the sector works through the growing pains associated with the emergence of a new industry. Analysts and investors agree…

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2 Premier Cannabis Stocks to Watch This Earnings Season

The cannabis sector has been very popular over the last few years, but more so now, as the industry matures, and companies try to turn a profit. This earnings season, a lot will be made of companies’ operations and what they have done to improve their position in the industry and grow their margins toward profitability. Over the last few years,…

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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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Why CannTrust (TSX:TRST) Stock Fell 35% in September

Several stocks in the cannabis sector have lost considerable market value in the last 12 months. Investor optimism drove cannabis shares towards record highs prior to marijuana legalization for recreational use in Canada. Soon after, investors started to sweat over the valuations of cannabis stocks, sending them spiraling downwards. But few stocks have burnt investor money as CannTrust (TSX:TRST)(NYSE:CTST) has…

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2 Stocks to Hold as the Cannabis Sector Gets an Overhaul

Growing CBD-rich hemp using expertise formerly reserved for veggies has put Village Farms International (TSX:VFF)(NASDAQ:VFF) very prominently on the map for cannabis investors, especially those looking for a quick return. And those returns have been significant: Village Farms has returned 79% in the past year compared with an industry that, on average, is running at a loss. Of course, Village…

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Should You Buy Canopy Growth (TSX:WEED)?

In case you haven’t noticed, Canada’s enviable cannabis sector has been busting more than booming lately. In the months and weeks counting down to legalization, cannabis stocks such as Canopy Growth (TSX:WEED)(NYSE:CGC) shot well into the stratosphere. Unfortunately, after a rally in the early part of the year, pot stocks have taken a turn and dropped sharply. In the case…

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