Worried Canopy Growth (TSX:WEED) Stock Is Headed Further Down? Do This to Protect Your Portfolio

Canopy Growth (TSX:WEED)(NYSE:CGC) has fallen significantly over the past several months. The stock has not just hit a new 52-week low, but it’s trading at levels not seen in nearly two years. More than half the value of the company has been wiped out from when it was being valued at around $20 billion earlier this year. And for concerned…

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Marijuana Investors: The CannTrust (TSX:TRST) Situation Just Got Much Worse

In the past year, CannTrust Holdings (TSX:TRST)(NYSE:TRST) has become the black sheep of the cannabis family. Thanks to a regulatory scandal that resulted in several holds on its product and revocation of its licence, the stock went into a death spiral in the markets. As of this writing, the stock is down 87% from its peak 2019 closing price and has…

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Brexit Deal Calms Stock Market Recession Fears

This morning, the European Union and the United Kingdom announced that they have reached a deal on the U.K.’s exit from the European Union. Recession fears are subdued, but we aren’t completely out of the woods yet. Markets have been volatile, if not for the U.S. trade war with China, due to uncertainty over how the U.K.’s exit from the…

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3 Reasons Canopy Growth (TSX:WEED) Stock Is Worth Buying

It isn’t easy taking a contrarian stance on an industry that’s been at the centre of the investment community’s attention for the past few years. However, I believe all investors should play devil’s advocate to seek out the best opportunities.  And Canada’s legal pot sector seems to be screaming out for advocacy at the moment. A wave of legal issues,…

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Why Hexo (TSX:HEXO) Stock Dropped 25% on Thursday and Why it Could Reverse Course Quickly

HEXO (TSX:HEXO)(NYSE:HEXO) stock is in a free fall. From April to September, shares fell by 50%. Then, on October 10, the stock dropped 25% in a single trading session. So far, the declines are continuing. Once a $3 billion company, HEXO is now worth just $900 million. Investors and analysts are fleeing the stock en masse. What happened to this…

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Is Aphria’s (TSX:APHA) Stock a Buy or Sell Before Earnings on Tuesday?

Cannabis grower and retail giant Aphria (TSX:APHA)(NYSE:APHA) is set to release its first quarterly results for fiscal year 2020 on October 15 to an investor community that has been startled by a gloomy growth outlook from HEXO that triggered massive losses on industry stocks on Thursday. Could this earnings report alleviate pot market growth fears or worsen them? Aphria’s upcoming…

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Will Canopy Growth (TSX:WEED) Stock Rise to Triple Digits in 2020?

Over the course of this year, Canopy Growth (TSX:WEED)(NYSE:CGC) stock has tumbled precipitously, hitting new 52-week lows, as the marijuana/cannabis bubble is no more. This, of course, has not gone unnoticed, and now investors are contemplating buying the stock at these “lows.” But is Canopy stock’s price level really that low? Or is it just a case of the fluff…

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X-Terra Resources announces new discovery expanding the Grog mineralization footprint to 1.3 kilometres and remains open

ROUYN-NORANDA, QC, Oct. 11, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce that it has completed its first stripping and trenching program at the Grog and Northwest properties, both located in the Restigouche county in the province of New Brunswick. The program was initiated on the Grog property to follow up and explore…

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The 3 Most Important Numbers on an Earnings Report

Cannabis stocks have been under the spotlight this year as poor earnings numbers have weighed heavily on the industry. Canopy Growth Corp (TSX:WEED(NYSE:CGC) is a great example of a company that’s seen a big correction in recent months and could be in danger of falling further if it continues to underperform. Below, I’ll look at what are three of the most…

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Cannabis Investors: 2 Takeaways From HEXO’s (TSX:HEXO) Latest Earnings Guidance Revision

Cannabis investors more than freaked out when HEXO (TSX:HEXO)(NYSE:HEXO) released a new guidance and withdrew its earlier financial outlook for fiscal 2020 on Thursday, leading to a 24% fall in the pot firm’s stock price. Management gave a new revenue guidance for the quarter ended on July 31 at $14.5 million to $16.5 million and fiscal year 2019 revenue projection…

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