Health Canada Gave CannTrust (TSX:TRST) a Lifeline: Could the Stock Recover?

Troubled cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) is battling for survival after illegally growing cannabis in the latest scandal to rock the Canadian marijuana industry. Instead of a straight licence revocation for the violation, Health Canada partially suspended the company’s sales and processing licences, and there are hints for their potential reinstatement once the cause for suspension is no longer present.…

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Why CannTrust Holdings’s (TSX:TRST) Stock Price Fell 19.9% in August

Crisis-stricken cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) continued to tumble a further 19.86% during the month of August, as new “incriminating” details in the latest and probably biggest marijuana industry scandal emerged during the past month. Since the July exposure of illegal growing of cannabis in unlicensed rooms and the voluntary hold on 7,500 kilograms of marijuana after a 5,200 kilogram…

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This Cannabis Stock Gained Over 40% on Friday

Shares of leading cannabis company CannTrust (TSX:TRST)(NYSE:CTST) rose 40.8% on Friday. The stock is currently trading at $4.21 per share as of writing. CannTrust has taken investors on a roller-coaster ride. Company shares first declined close to 80% from $13.45 in March 2019 to $2.99 on August 7, 2019. It fell over 50% in July 2019 and has returned -57%…

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A Top Pot Stock to Buy in August

Cannabis stocks continue to take a beating as a range of events undermine investor confidence in the industry. Key among these have been massive spending, a lack of profitability and growing regulatory issues. While this should concern investors, not all legal cannabis cultivators are struggling with profitability or cost blowouts. One that is poised to perform strongly in coming months…

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Why Canopy Growth (TSX:WEED) Just Got a Whole Lot Closer to Posting a Profit

Canopy Growth (TSX:WEED)(NYSE:CGC) knows that it needs to find a way to cut down its costs. With a big loss in its most recent quarterly earnings, investors have started to distance themselves from the stock with the share price falling again. And with Canopy Growth recently saying that it planned to be EBITDA positive, the pressure is on for the…

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You Won’t Believe How Much $10,000 Invested in Canopy Growth (TSX:WEED) in 2014 Is Worth Today

It’s no secret shares of Canopy Growth (TSX:WEED)(NYSE:CGC) have done well over the last five years. Everyone knows this. Canopy has been through a lot of changes over the last half-decade, working towards its stated goal of becoming Canada’s dominant pot company. And it has succeeded, building up everything from production to its own finished products — complete with slick…

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Should You Buy HEXO Corp. (TSX:HEXO) Stock Right Now?

Cannabis stocks have enjoyed a nice recovery in the first quarter of 2019 and investors are wondering which marijuana stocks might be attractive buys today as the industry continues to evolve. Let’s take a look at HEXO (TSX:HEXO) to see if it deserves to be in your portfolio today. HEXO HEXO just reported fiscal Q2 2019 results that show the…

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What You Need to Know About Aurora Cannabis Inc. (TSX:ACB) Stock

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is among the hottest stocks on the TSX right now, especially after it has climbed 88% from a low just a few months ago in December! If you’re thinking of buying the growth stock, here are some important things you should know. Aggressive growth Aurora Cannabis is growing at a tremendous rate. It reported $1.4 million…

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