The U.S. Market Could Send These Cannabis Stocks Soaring in 2020

Canada’s cannabis market is going crazy. A new report suggests that spending, which totaled $570 million in 2018, will grow by at least 40% per year, surpassing $5 billion by 2024. It’s not often that a multi-billion-dollar market appears practically overnight, but this is one of those rare opportunities. “Canada is the largest country in the world to legalize cannabis,…

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These High-Growth Markets Will Be Bigger Than Marijuana

Marijuana is going to be big business. According to research firm Cowen Inc, the cannabis market should hit $75 billion in sales by 2030, up from $50 billion in 2026. Few markets are growing faster or have as much promise as legalized pot. Yet there are some opportunities that will be bigger than marijuana. Take a look at the largest…

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Top Weed Stocks for 2020

It’s been a horrible year for legal marijuana stocks across the board. Collectively, the top three players have shed billions in market value and currently trading at less than half their price at the start of the year. Some smaller players are indeed on the verge of bankruptcy.  The outlook is dire and the industry is struggling to find its…

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2 Stocks to Hold as the Cannabis Sector Gets an Overhaul

Growing CBD-rich hemp using expertise formerly reserved for veggies has put Village Farms International (TSX:VFF)(NASDAQ:VFF) very prominently on the map for cannabis investors, especially those looking for a quick return. And those returns have been significant: Village Farms has returned 79% in the past year compared with an industry that, on average, is running at a loss. Of course, Village…

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Investors: 1 Cannabis Stock That Is Undervalued

We have seen cannabis stocks crash and burn over the last 12 months. The high valuations of cannabis companies spooked investors, resulting in massive sell-offs after recreational sales were legalized last October. Though stocks have significantly corrected and are trading well below the 52-week lows, many of them are still expensive. The high growth rates of cannabis stocks have sent…

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Marijuana Stocks 101: The Good, the Bad, and the Ugly

What can be said about marijuana stocks that hasn’t been said already? Over the years, they’ve given investors some of the biggest gains and some of the heaviest losses of any asset class. Possibly the most volatile sector one can invest in, they make for a jittery ride. But over the very long term, most of the large TSX weed stocks…

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Why Holding Weed Stocks in Your RRSP Could Destroy Your Retirement

Marijuana stocks have been the TSX success story of the decade. At a time when Canadian stocks as a whole have delivered tepid returns, marijuana stocks have beaten the market by leaps and bounds, even when you account for their frequent downturns. There’s no denying that marijuana stocks can make you a lot of money when times are good. In…

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This 1 Statistic Is Nightmare Fuel for Marijuana Stock Investors

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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Canopy Growth (TSX:WEED): Is This Stock the Ultimate Long-Term Bet?

Cannabis investors have been on a roller-coaster ride in the last year. Just before Canada legalized cannabis consumption for recreational use, cannabis stocks were trading close to all-time highs. Since then, markets have been choppy, and investors have experienced extreme volatility. Shares of Canopy Growth (TSX:WEED)(NYSE:CGC) have mirrored the markets. The stock was trading $76.68 per share back in October…

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Aurora Cannabis (TSX:ACB) Just Won a Huge Supply Contract That Could Change Everything

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is a cannabis export powerhouse. Shipping weed everywhere from Germany to the U.K., it has become a truly international company. Currently, Aurora’s international operations reach 24 countries, and with 40 nations in total having legalized medical pot, that reach could get even wider. Recently, Aurora’s international operations got a big boost when it was announced that the…

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