Should You Buy Organigram (TSX:OGI) Stock Today?

The fact that cannabis producer Organigram Holdings (TSX:OGI)(NASDAQ:OGI) delivered a 102% year-over-year net revenue growth for the recently reported first quarter of fiscal 2020 doesn’t move me as much as a 54% sequential sales increase over a recent previous quarter does. The year-over-year comparison pits one quarter with very little recreational pot sales generated in just one full month and…

Read More

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…

Read More

2 Small-Cap Cannabis Stocks to Bet on in 2020

If you want to make big gains in 2020, stick with small-cap stocks. Research has consistently shown that, over time, small-caps outperform larger peers. If you want to make major gains, find small-cap stocks benefiting from secular growth opportunities like cannabis. The risk here should be clear. Emerging market opportunities lack clarity while small competitors are initially at a disadvantage.…

Read More

3 Top Canadian Cannabis Stocks to Watch This Month

Investors in Canadian marijuana stocks are looking forward to the first industry earnings release of 2020 from Aphria (TSX:APHA)(NYSE:APHA) and two other local players expected to report this month. Here’s what’s to watch on each report and why. Aphria Aphria stock rose over 22% in a day after an earnings beat in October last year, and the company is expected…

Read More

1 Way to Reduce Risk if You Want to Buy Cannabis Stocks

Uncertainty is back with a bang, as ratcheting Middle East tensions send risk through the roof only a few days into the new year. Oil is up, gold is up, and risky assets such as cannabis are down. The development in Iraq could see mounting unrest directly impacting the energy sector, with a knock-on effect for the broader international economy.…

Read More

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…

Read More

The Time to Buy Is Now: 2 Cannabis Stock Picks for 2020

In 2018, nearly every pot stock went gangbusters, with gains often exceeding 400%. It was a different story in 2019, however, when the entire industry experienced a difficult bear market. But cannabis stocks could stage an epic rebound in 2020. If you’ve been waiting to capitalize, now’s your chance. A few years into the cannabis boom, we’ve learned a lot…

Read More

Prediction: Canada’s Cannabis Market Will Recover in 2020

2019 was a rocky ride for marijuana investors, the first real losing year since the sector rose to prominence. A number of different factors hit the industry hard. Retail struggles dominated the story during the first half of the year, with the leading pot suppliers unable to keep up to demand. Then, the narrative changed. Suddenly, everyone focused on oversupply…

Read More

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…

Read More

Which of These 2 Top Cannabis Stocks Is a Buy in 2020?

As Peter Lynch says, “If you only invest in an index, you’ll never beat it.” This is why picking stocks is so important and the only sure way to escape a flat market. Just look at the end of last week, when some cannabis stocks were seeing +5% gains, while Horizons Marijuana Life Sciences ETF was down 4%. However, the…

Read More