Canopy Growth (TSX:WEED): Beware the Disruptive Cronos Group (TSX:CRON)

Cannabis producer Cronos Group (TSX:CRON)(NASDAQ:CRON) is going ahead with a disruptive competitive strategy for the pot industry after announcing a planned strategic acquisition on Thursday. The company is evidently demonstrating a serious commitment to a new technology that could smear mud in Canopy Growth’s (TSX:WEED)(NYSE:CGC) face and ravish the stock. What’s new on Cronos Group? The company announced an agreement…

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This Weed Upstart Could Dethrone Canopy Growth (TSX:WEED)

Canopy Growth (TSX:WEED)(NYSE:CGC) is still the undisputed king in the marijuana world. Cronos Group (TSX:CRON)(NASDAQ:CRON), whose size is less than half, remains a key player that stands a chance of dethroning the ruler. CRON is a popular stock in the U.S., as it is the first Canadian cannabis company to up-list from the over-the-counter market to the global market. You…

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Get Ready for Cronos Group (TSX:CRON) to Soar

Marijuana stocks have pulled back sharply in recent weeks, as concerns over their ability to post profitable earnings and their sky-high valuations grow. It is easy to understand these fears with many such as Cronos Group (TSX:CRON)(NASDAQ:CRON) having made massive gains over the last year. Cronos has seen its stock gain 154%, even after accounting for recent weakness, while industry…

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Bitcoin and Marijuana: Profiting From the Latest Market Bubble

Despite tighter regulations, market bubbles keep developing. Even the global financial crisis of a decade ago, when the U.S. credit bubble collapsed triggered the worst economic catastrophe since the Great Depression, has failed to deter speculators. Many less sophisticated investors were swept up in the hype surrounding Bitcoin, which went on a tear through 2017 and then collapsed in 2018…

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Why Cronos Group (TSX:CRON) Declined Despite Posting a Huge Profit in Q1

Cronos Group Inc  (TSX:CRON)(NASDAQ:CRON) released its quarterly results last week, which showed sales more than doubling from the previous year. The company also recorded a massive $428 million profit during the quarter as well. However, the stock still declined 7% last week, leaving some investors scratching their heads. Why is the stock down? Although Cronos saw a big increase in…

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Why Did Cronos Group (TSX:CRON) Stock Trade 9% Lower After Q1 Earnings on Thursday?

Cannabis producer Cronos Group (TSX:CRON)(NASDAQ:CRON) shares traded as low as 9.6% on Thursday after the cash-rich company released a mixed bag of Q1 2019 results before market open. The company actually showed some improvements in its financial performance as compared to a previous quarter, but revenue growth, the market’s main focus today, was much weaker than desirable. Not-so-impressive revenue growth…

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2 Marijuana Stocks to Watch in May

The battle for supremacy in the marijuana industry is intensifying. While Canopy Growth and Aurora Cannabis have managed to capture about 50% of the Canadian market, other pot companies are attempting to improve their positions. Some firms are successful at doing so, and others, not so much. Let’s look at two marijuana companies to watch this coming May: Hexo (TSX:HEXO) and…

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2 Pot Stocks That Are up Over 50% Year to Date (And 1 That’s Struggling!)

It’s been an interesting year for pot stocks, as we saw a big sell-off happen after legalization in October and then a strong recovery early on in 2019. Below, I’ll look at two stocks that have done very well lately and one that’s struggled that might be an option for investors to buy on the dip. Cronos Group (TSX:CRON)(NASDAQ:CRON) has…

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