3 Top Stocks to Maximize Your RRSP!

Canada has a number of excellent retirement savings options, and while the oft-touted Tax-Free Savings Account (TFSA) is typically the first savings mechanism used by investors to grow tax-free income in retirement, using a Registered Retirement Savings Plan (RRSP) effectively can be an excellent way to stash away money (and take important tax deductions!) on an annual basis and watch…

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This 1 Marijuana Stock Has the Highest Chance to Recover in 2020

The fun industry of recreational marijuana didn’t have any fun in the stock market last year. The most influential players in the game were beaten to the ground. Aurora Cannabis, one of the largest marijuana companies, went down 59% in market value. Even Canopy Growth, the company with the most robust balance sheet, went down by 25%. But the dark…

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Why Hexo (TSX:HEXO) Is a Better Pot Stock Than Canopy Growth (TSX:WEED)

Pot stocks received a bit of a bump at the start of the year, offering much-needed relief for the troubled industry. Since the summer of 2019, most pot stocks have fallen by at least 50%, yet the new year started with a bang. Canopy Growth Corp (TSX:WEED)(NYSE:CGC), one of the largest publicly traded cannabis companies, popped from $24 to $28.…

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Canopy Growth (TSX:WEED) Stock Was Down 30% in 2019: Here’s Why it Can Rebound in 2020

The entire cannabis market in Canada has been rough since recreational legalization commenced in the fall of 2018. A number of issues have affected and slowed the rollout of the industry, such as regulations, political uncertainty a competing black market, lengthy licensing processes, etc. The market has even been so competitive that some companies have even crossed the line in…

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If You’d Invested $10,000 in Canopy Growth (TSX:WEED) at Legalization, This Is How Much You’d Have Today

Canopy Growth (TSX:WEED)(NYSE:CGC) has seen much better days. The stock, along with many of its peers, has seen some epic declines this year. Since the beginning of 2019, Canopy Growth’s shares have fallen by 36% as of the end of last week. However, that doesn’t tell the whole story, as the whole cannabis sector has been struggling since recreational marijuana…

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Better Buy for 2020: Canopy Growth (TSX:WEED) vs. Aurora Cannabis (TSX:ACB) Stock

The year 2019 has been one of the worst that investors in Canadian marijuana stocks have seen in the industry’s entire history, as both big and small names tumbled to record new multi-period lows, but contrarian bets could be flocking into this space early in 2020 to scoop some rich pickings right at the bottom, and the big pot names…

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2 Pot Stocks Ready for a Rebound in 2020

Despite the recent pullback, marijuana stocks still have plenty of room left to run. On the first day of 2020, recreational pot will become legal in Illinois, adding another 13 million potential customers. Several additional U.S. states are set to vote on legalization in the coming year. Depending on the federal election next November, country-wide legalization could soon be on…

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Will Canopy Growth (TSX:WEED) Stock Bring Investors Cheer in the New Year?

Marijuana stocks had a wild ride in 2019, and investors are wondering if pot stocks can shake off the hangover in 2020 and deliver big returns for investors. Let’s take a look at Canopy Growth (TSX:WEED)(NYSE:CGC) to see if it deserves to be on your contrarian buy list for 2020. Volatile year Canopy Growth’s stock price started 2019 near $40…

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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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Is it Finally Time to Buy Canopy Growth (TSX:WEED) Stock?

Marijuana stocks had a tough run in the first year of legal recreational cannabis sales in Canada. The industry initially struggled with supply shortages and distribution problems when the market launched in Q4 last year. This led to an investor exodus with many of the leading pot stocks tumbling 40-50% in a matter of weeks. Canopy Growth (TSX:WEED)(NYSE:CGC), for example,…

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