2 Growth Stocks Ready to Profit From Cannabis 2.0

In October, the cannabis game changed forever, even if many pot investors weren’t paying attention. That month, Canada legalized an entire host of new marijuana categories, the most exciting of which included new edibles and beverages. These form factors could eventually double or triple the size of the Canadian cannabis market. Analysts are calling this emerging opportunity “Cannabis 2.0.” The…

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Will Cannabis 2.0 Revive the Stock Price of HEXO (TSX:HEXO) in 2020?

A disappointing performance by the cannabis industry in 2019 has left a bitter taste in the mouths of investors who flocked to Canadian marijuana stocks on high hopes for the launch of the legal pot market in Canada. Supply and distribution challenges hindered the industry at the outset, followed by a lack of physical retail locations in key markets, such…

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First Day of Recreational Marijuana in Illinois Brings Big Sales of $3.2 Million

On January 1, 2020, Illinois became the 11th state to legalize recreational marijuana. Throughout the course of the first day, sales topped $3.2 million dollars. Eager customer swarmed dispensaries to be among the first in the state to legally purchase cannabis products. Undoubtedly, this also brought increased revenue to surrounding businesses – including restaurants that worked with dispensaries. Given long…

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2 Pot Stocks Ready for a Rebound in 2020

Despite the recent pullback, marijuana stocks still have plenty of room left to run. On the first day of 2020, recreational pot will become legal in Illinois, adding another 13 million potential customers. Several additional U.S. states are set to vote on legalization in the coming year. Depending on the federal election next November, country-wide legalization could soon be on…

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Cannabis Beginners: 2 Pot Stocks for New Investors

Pot stocks were the best way to get rich in 2018. Nearly every cannabis company saw their share price increase by leaps and bounds. Doubling and tripling in value were commonplace. This year, the tables were turned. Many marijuana stocks have lost more than 50% in value. But don’t be scared: if you’ve been waiting to invest in cannabis, there…

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2 Canadian Cannabis Stocks That Will Benefit Most From Legalization in the U.S.

Cannabis stocks have had a rough year with little upside catalysts — that is, up until this week. The sector has been under increased pressure, as many companies try to turn a profit, and the industry struggles with a number of headwinds. Political uncertainty in many provinces is making it difficult for these companies to operate, and the black market…

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3 Reasons You Should Buy Canopy Growth Stock now

After an abysmal quarter, weed stocks have been battered across the board. Industry leader Canopy Growth’s (TSX:WEED)(NYSE:CGC) stock has been hit the worst and is now trading at its lowest value since weed was legalized in 2017.  Investor sentiment in this sector has clearly moved to extreme pessimism and with good reason. Growth and cash flow expectations have been dashed,…

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Will Aurora Cannabis’s (TSX:ACB) Vape Products Send the Stock Higher?

Last month, “Cannabis 2.0” was all the rage, as investors anticipated the legalization of new cannabis products like edibles and beverages. Although cannabis was legalized federally last year, many categories of products weren’t approved for sale until October 17 — exactly one year from the date cannabis was legalized. Cannabis producers are reacting to the new approvals in various ways.…

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3 Reasons “Cannabis 2.0” Is Ridiculously Overrated

This past October, “Cannabis 2.0” was all the rage, as speculation circulated about how the legalization of edibles and concentrates would affect cannabis producers. The new laws impact a number of product categories that were previously illegal to sell — even with the federal legalization of cannabis last year. When cannabis was initially legalized, marijuana producers’ revenue exploded on the…

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2 Marijuana Companies That Are Looking Beyond Canada

Last year, legalization was all the rage in the marijuana industry. This year, international expansion seems to be the name of the game. With more and more jurisdictions opening their doors to legal cannabis, there are huge export markets up for grabs. And now, even smaller marijuana companies are getting in on the action. Historically, the large-cap licensed producers (LPs)…

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