Sell-Off Alert: HEXO (TSX:HEXO) Stock Is Down After CFO Quits

This summer, pundits were asking themselves whether the share price of pot stock HEXO (TSX:HEXO)(NYSE:HEXO) was justified according to its fundamentals — a question not reserved just for HEXO. Then HEXO’s chief brand officer and co-founder Adam Miron stepped down in July. The stock plunged, losing a fifth of its value. Then on Friday, HEXO’s chief financial officer Michael Monahan…

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Is it a Good Time to Buy This Cannabis Stock Valued at $1 Billion?

Shares of leading cannabis company Charlotte’s Web Holdings (TSXV:CWEB) are trading at $22.78 per share. The stock was publicly listed in September 2018. It rose from $14.45 in September last year to $33.77 in April 2019. CWEB is trading 116% above its 52-week low and 33% below its 52-week high. Charlotte’s Web is a market leader in the production and…

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Better CBD Stock: Charlotte’s Web (TSX:CWEB) vs. Cronos (TSX:CRON)

While Canadians might be gearing up for the introduction of the edibles market, across the border, cannabidiols (CBD) have been the hottest trend as of late. CBD provides a lot of the medicinal benefits of marijuana without the actual high. CBD oil comes from the hemp plant, which is actually a cousin of the marijuana plant and not actually marijuana.…

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Forget Canopy Growth (TSX:WEED): Buy These 3 Pot Stocks Instead

If you’ve been invested in Canopy Growth for a while now — as I have — then I’m certainly not going to start off by saying you should sell off all your stake. The company has been through a whirlwind lately that has left investors unsure of the company’s immediate future. However, if you’re aiming to buy and hold this stock for…

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Should You Buy Shares of This Top CBD Company After Earnings?

With the passage of the Farm Bill in the U.S. at the end of last year, companies that focus on the hemp-based CBD market are experiencing strong sales and revenue growth. The future of this industry is bright, and Charlotte’s Web Holdings (TSX:CWEB) is arguably better positioned than any of its peers to profit from it. The Colorado-based firm recently…

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Why This Cannabis Stock Might Be the Best 1 to Invest in Today

Cannabis investors have no shortage of options when it comes to potential pot stocks to invest in. Unfortunately, there are many more bad ones out there than there are good ones. From burning lots of cash to trading at very high multiples and not being anywhere near recording a profit, there are many reasons why value-oriented investors would want to…

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What’s the Best Cannabis Stock to Buy: Charlotte’s Web Holdings (TSX:CWEB) or Hexo Corp (TSX:HEXO)?

Despite that cannabis stocks have sold off lately, there are two companies that I like lot as long-term investments for Foolish readers. As the market for cannabis stocks as a whole has become as saturated as it has over the past year-and-a-half, perhaps it’s not all that surprising that both of these companies happen to be operating well, let’s just…

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This Stock Just Flew 54%: Why Young Investors Should Get in Before it Jumps Again

Shares of Charlotte’s Web Holdings Inc (TSX:CWEB) have soared more than 54% since the third week of June. In this post, I’ll do my best to explain why I think that rather than feeling as though they’ve lost out, investors, and particularly younger investors, shouldn’t be too quick to pass up on the exciting opportunity to buy a stake in…

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This Obscure Cannabis Company Could Rival Canopy Growth (TSX:WEED)

The shares of cannabis forerunner Canopy Growth are down 12.87% since the firing of Bruce Linton as company CEO. The board of directors felt it was time to focus on profits rather than growth. Whether the decision was right remains to be seen. Meanwhile, other weed companies, like Charlotte’s Web (TSX:CWEB), are pressing forward. The obscure weed company wants to…

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This Is the Only Marijuana Stock I’d Consider Investing in Today

The cannabis industry is an exciting one to invest in given all the growth potential it possesses. However, there’s also a lot of risk, and investors often have to pay big premiums to own stocks that haven’t generated much in sales. That’s why I’ve avoided the industry, as there are better, more value-oriented investments to make out there. However, there…

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