There has never been a better time to be investing in the cannabis industry for the first time. That’s because many of the early risks have now been resolved, giving investors clarity into which companies are ready to seize this massive opportunity. As well, prices have come down significantly in recent months. Most marijuana ETFs are down 50% or more…
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It’s not difficult to find yesterday’s high-growth stocks. The problem arises when trying to find tomorrow’s high-growth stocks. Even worse, high-growth expectations are already baked into the price, meaning your upside will be limited. The trick is to find tomorrow’s high-growth stocks before everyone else. That way, your upside is maximized. When done right, this strategy can double or triple the…
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Growth stocks don’t get much more exciting than recreational cannabis, a brand-new market that is still establishing itself while also rewarding strategic investors. Though the actual moment of Canadian legalization may not have seen the meteoric growth in pot stocks that the market expected, there is certainly still plenty of upside to be had if investors know where to look.…
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The meteoric rise in cannabis stocks has minted many new millionaires. I’m not just talking about the stakeholders in large producers like Bruce Linton and Terry Booth. No, cannabis has been an electric source of growth for many fresh-faced investors in the latter half of this decade. Millennials were known for their fondness of the cannabis trade early on. A…
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It’s been a volatile year for 2019, and it may be a good time for investors to start looking ahead to future years to find good growth opportunities. Below are three stocks that could be appealing buys for 2020 that could yield good returns for investors: Ballard Power Systems Inc (TSX:BLDP)(NASDAQ:BLDP), which has risen over 80% during the first eight months…
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One number that keeps getting thrown around within the cannabis industry is US$200 billion. That figure represents what this industry could be worth globally in just a decade. Given that in 2018, there were US$10.9 billion in legal sales with the industry in its infancy, it appears that cannabis companies are well on this path to greatness. Yet right now…
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When it comes to building strong, sustainable businesses, cannabis companies often don’t have terribly good track records. Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is a great example of a situation where sales growth alone is not enough for investors to ignore horrible losses. The company’s growth, which turned it into a $20 billion stock at one point, also led to its downfall. While…
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It appears that 2019 could still be a major letdown for the marijuana industry. After such high hopes last year, these cannabis companies have had to face a downturn in the markets, along with the loss of the hype surrounding the industry. Yet there seems to be a turning point happening in the industry today, and it’s pretty interesting to…
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Marijuana investors are used to volatility. Since going public, stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) have had huge swings up and down but have mostly risen over the long term. So, for many long-term holders of weed stocks, a bit of beta is no big deal. After all, it’s just a matter of time before the next bull gets running and weed stocks…
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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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