Contraction Is the New Trend for Cannabis Stocks

A year ago, many investors in Canada’s cannabis industry were boasting of their incredible returns. Investors were doubling or tripling their money in a short amount of time on any company that planted a cannabis plant with a licence from Health Canada. Since a year ago, most of these same companies have been halved three times over. The broader Horizons…

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How to Make Money From Massive Volatility in the Cannabis Sector in 2020

Talking about volatility in investing is often a one-sided conversation. In other words, most people expect a stock to go up or down, but typically in one direction. With the Canadian cannabis industry, any investor who has seen a stock chart of the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) will know that volatility on both ends of the spectrum has…

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These 3 Cannabis Stocks Are Looking Okay for 2020

As it draws to a close, 2019 is not looking like a good year for cannabis stocks. The Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ) declined 29% for the full year, and even more from its 52 week high. While individual marijuana stocks have varied greatly in their results, none of the large ones are up for the year. The poor performance…

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Should You Buy Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) or Individual Pot Stocks?

Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) is the world’s first marijuana ETF. It seeks to replicate the performance of the North American Marijuana Index, net of expenses. This index gives exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. Issuers have in general a market…

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Why Did Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) Fall 13% in August?

Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) fell over 13% in August 2019. This ETF has returned -25% in the last three months and -19% in the last six months. HMMJ’s top holdings include Aurora Cannabis (TSX:ACB)(NYSE:ACB), Canopy Growth (TSX:WEED)(NYSE:CGC), and Cronos Group (TSX:CRON)(NASDAQ:CRON). Aurora Cannabis accounts for 10.3% of HMMJ, followed by Canopy Growth at 9.4% and Cronos at…

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Cannabis Investing: The Safest Way to Gain Exposure Ahead of October

A few months ago, I wrote about the benefits of owning Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) but that I wouldn’t recommend getting in at that price because the market seemed overvalued. Since then, the ETF has come down roughly 30%, leading many investors to wonder if now is a good time to buy the fund. The cannabis space…

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Is the Marijuana Life Sciences ETF (TSX:HMMJ) a Safer Way to Invest in Cannabis?

During the first seven months of 2019, cannabis investors have been on a bit of a roller coaster ride. With the exception of January, when many stocks did very well, we’ve witnessed a lot of bearish activity in the industry. Even some of the top pot stocks in the industry haven’t been spared from big corrections along the way. Although Canopy…

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