Why Did HEXO (TSX:HEXO) Cannabis Stock Jump 38%?

HEXO (TSX:HEXO)(NYSE:HEXO) stock has been in trouble. Since April, shares have shed 75% of their value. This once multi-billion-dollar stock is now being valued at just $750 million. HEXO isn’t alone. The entire industry has experienced intense pain this year. Most cannabis ETFs are down at least 50%. Nearly every pot stock has been crushed. Yet the pain could finally…

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Another Week in Red for Cannabis Investors as Earnings Disappoint

Cannabis investors continued to experience a massive decline in share prices for the last week ended on November 15, 2019. Leading cannabis stocks such as Aurora Cannabis (TSX:ACB)(NYSE:ACB), Canopy Growth, and Hexo lost market value in the last week. While Canopy Growth stock fell 26.7%, Aurora Cannabis and Hexo lost 27.6% and 22.5%, respectively, in the last week. Horizons Marijuana…

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TFSA Investors: 3 Buy and Hold Stocks for the Coming Decade

Given the massive regulatory, geopolitical, and technological changes over the last ten years, the future may be significantly different. Millions of people now have legal access to cannabis, unprecedented numbers of electric vehicles are set to flood the streets, and drones are preparing to deliver everything from Amazon.com, Inc. orders to life-saving medical supplies. Yet not all stocks are prepared…

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Canopy Growth (TSX:WEED) Stock Craters But it’s Still Not Time to Sell

It’s been a tough earnings season for cannabis companies, with HEXO, Tilray, and now Canopy Growth (TSX:WEED)(NYSE:CGC) turning in disappointing results. However, while investors have been quick to sell off their shares in affected companies, the industry is brand new, and the best way to get rich in the long term is to hold onto that stock. Let’s take a…

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Is HEXO (TSX:HEXO) Stock a Contrarian Buy?

The high-flying cannabis sector has hit some turbulence in the past six months and investors are wondering whether the pullback has simply gone too far. Volatility in marijuana stocks is not new and investors should expect that trend to continue as the sector works through the growing pains associated with the emergence of a new industry. Analysts and investors agree…

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Cannabis Stock Alert: Can Hexo (TSX:HEXO) Get Back to $5?

Cannabis stocks are getting crushed. If you’ve been waiting to jump in, this could be your best opportunity. Most analysts expect the global cannabis market to exceed $100 billion in sales by 2030. Some believe it could ultimately be worth more than $200 billion. If that’s true, the recent downturn could be a once-in-a-lifetime chance to scoop up stocks that…

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Did HEXO (TSX:HEXO) Actually Sell its Cannabis Stock at $0.56?

A quick browse of HEXO’s (TSX:HEXO)(NYSE:HEXO) fiscal fourth-quarter 2019 financial results, as summarized in an earnings release on October 29, could raise some goosebumps for cannabis stock investors, especially when they get to the number $0.56 — shown as a realized net realized price on one revenue line during the last quarter. The company’s operational results were as follows: Source:…

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Hexo’s (TSX:HEXO) $70 Million Financing Is Too Little, Too Late

Initially scheduled for October 24, 2019, Hexo (TSX:HEXO)(NYSE:HEXO) has delayed its fourth-quarter earnings report. Hexo announced a $70 million private placement of convertible debentures led by a group of private investors, including the company’s CEO, Sebastian St-Louis. What does this delay mean for you as an investor? Does this mean good or bad news? Let us take a look at…

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Should You Buy HEXO (TSX:HEXO) Stock at $3?

The rout in the share prices of Canadian marijuana stocks continues to drive down valuations in the cannabis sector, which  has contrarian investors wondering if the sell-off might be overdone. Let’s take a look at HEXO (TSX:HEXO)(NYSE:HEXO) to see if it deserves to be on your buy list today. Revenue woes HEXO has a credibility issue. The company just reported…

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Marijuana Investors: Why Profitability May Be Far, Far Away for Canopy Growth (TSX:WEED)

Year one of legal cannabis is finally over. And pot investors are bidding it good riddance, with shares of most pot stocks shedding more than half of their value over the time frame. Foolish investors were warned, though, as I noted that the black market had the potential to derail expectations in the first year of legalization. Now that many…

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