Should Hexo (TSX:HEXO) Investors Be Alarmed After the CFO’s Sudden Departure Just Weeks Before Earnings?

Last week, we learned that Hexo’s (TSX:HEXO)(NYSE:HEXO) recently hired CFO Michael Monahan was resigning, just months after taking the job back in May. What’s surprising is that he cited location — Hexo is based the Gatineau-Ottawa area — as one of the key reasons as to why he would be resigning from the position. While the reasons could very well…

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3 Pot Stocks Perfect for Every Cannabis Investor

Cannabis investors have plenty of options. While many have simply opted to purchase an ETF like ETFMG Alternative Harvest or Horizons Marijuana Life Sciences, targeting specific stocks will result in the biggest upside potential. But when surveying the industry, there are a ton of options available. From pure-play cannabis growers to value-add manufacturers, understanding which opportunities are the most lucrative will…

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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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2 Cannabis Stocks to Keep an Eye on This Fall

The cannabis market has experienced a seismic shift over the past few years. Sales have grown at an exponential rate, and many of the top firms in the sector have seen their share prices skyrocket. Thankfully, it isn’t too late for those looking to profit from this rare opportunity. The cannabis industry is projected to keep growing, both in North…

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What We Learned From the CannTrust (TSX:TRST) Scandal

While cannabis stocks have not performed well since early April, the month of July was especially brutal for the sector. There is no doubt that the drama surrounding CannTrust Holdings (TSX:TRST)(NYSE:CRST) had a lot to do with this catastrophic performance. However, there may be a silver lining — or at least an important lesson to glean — from this scandal,…

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Should You Buy CannTrust Holdings (TSX:TRST) on Recent Rumours?

CannTrust Holdings’s (TSX:TRST)(NYSE:CTST) recent downfall has been well documented. The company was caught illegally growing marijuana in areas not approved by Health Canada. The fallout was immediate. In the days following the bombshell, CannTrust lost 60% of its value. Although it has since recouped some of that, the company is still trading at a near 50% discount to where it…

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Colombia: Poised to Become the World’s Leading Cannabis Growing Jurisdiction

The global legal marijuana industry continues to boom with analysts predicting a massive surge in demand over the next decade and that the global market could expand to be worth US$66 billion by 2025. That represents an annual compound growth rate (CAGR) of 24%, highlighting the considerable growth ahead for an industry that is still in its infancy. While Canada…

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