Is This the Perfect Time to Buy Canopy Growth (TSX:WEED) Stock?

Investing isn’t just about being right; it’s also about being right at the perfect time. In the early 90s you could have predicted that the rising crop of internet startups were likely to create trillions of dollars in value over their lifetime. However, if you’d invested in these companies right away, you would have probably lost all your money in…

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Here’s Why Now Is a Good Time to Get Greedy With Canopy Growth (TSX:WEED) Stock!

The cannabis trade dried up a long time ago. But that’s exactly why I think Canopy Growth (TSX:WEED)(NYSE:CGC), Canada’s top cannabis kingpin and the “safest” way to play the stomach-churning industry, is now worthy of your investment dollars. To make big money as an investor, you’ve got to be like Warren Buffett and be greedy while others are fearful (and…

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Canopy Growth’s (TSX:WEED) Latest 62% Revenue Growth Isn’t Repeatable

Canopy Growth (TSX:WEED)(NYSE:CGC) stock soared over 15% on Friday after the cannabis firm released a strong earnings report that revealed a 62% sequential net revenue growth to $124 million for its fiscal Q3 2019 ended in December 2019. Such high double-digit growth rates, especially on a sequential quarter-over-quarter basis, deserve a huge celebration and should naturally drive the stock price…

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Like Canopy Growth (TSX:WEED)? This Pot Stock Is Even Better

Canopy Growth (TSX:WEED)(NYSE:CGC) is a favourite among cannabis investors. With a $10.3 billion market cap, the stock is priced above nearly every competitor. One of the biggest reasons for this valuation is Canopy’s partnership with Constellation Brands. With a $40 billion valuation, Constellation is an industry heavyweight, too. But instead of pot, Constellation is focused on alcohol. Last year, it…

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Top 5 Institutional Shareholders of Canopy Growth Corporation (NYSE: CGC)

Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has long been one of the leaders in the cannabis sector, alongside other major companies like Aurora Cannabis (NYSE: ACB) (TSX: ACB) and Aphria, Inc. (NYSE: APHA) (TSX: APHA). CGC is down nearly 7% year-to-date in 2020 already. In addition, the stock is heavily shorted, as seen with a short float of 21.31%.…

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This Small-Cap Pot Stock Beats Canopy to Profitability

When you think about marijuana stocks, you probably think about big names like Canopy Growth and Aurora Cannabis. These companies aren’t turning a profit yet and won’t be profitable any time soon. The first full year of cannabis legalization in Canada has been challenged by scandals, oversupply problems, and lack of visibility in retail. The factors all put downward pressure…

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Should You Buy Canopy Growth (TSX:WEED) or Aurora Cannabis (TSX:ACB) Stock Before Earnings?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) and Canopy Growth (TSX:WEED)(NYSE:CGC) will both release their earnings reports in February. Aurora will report its results on February 13, while Canopy will report just a day after. When a company reports earnings, its share price can become very volatile. If the company beats estimates, its shares can jump, while shares can plunge sharply if results miss…

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Why Canopy Growth’s (WEED) Stock Price Rose 10% in January

January was a big month for Canopy Growth (TSX:WEED)(NYSE:CGC) stock, as it attempts to make its way back from the marijuana bubble burst that sent it tumbling more than 60% from its 2018 highs. Could 2020 be the year that Canopy Growth stock makes its comeback? Let’s try to answer this question as we look into the reasons why Canopy…

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Here’s Why Canopy Growth (TSX:WEED) Stock Is Only Worth $15

The cannabis sector is a difficult industry; although there are going to be winners in the long run, there are also companies that are far too overvalued today, and distinguishing between the two is not easy. Since most of the industry is not yet earning a profit, and we still have to worry about other headwinds affecting the sector, it’s…

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