Is Canopy Growth (TSX:WEED) Stock a Contrarian Buy at $20?

The downward spiral in the share price of Canopy Growth (TSX:WEED)(NYSE:CGC) and other pot stocks continues. What’s going on? Canada’s largest marijuana company just reported disappointing results for its most recent quarter ended September 30, 2019. Canopy Growth lost $374 million for the quarter, representing a 13% increase in losses compared to the same period last year. Management says the…

Read More

New to Cannabis? 2 Promising Pot Stocks for Beginners

The cannabis market is set for massive growth. You probably already know that, yet the numbers are worth repeating. Over the next decade, global sales are expected to grow by more than 20% per year. By 2030, some analysts believe the market will be worth $100 billion. Research firms like Stifel Financial think it can ultimately reach $200 billion in annual…

Read More

Which Pot Stocks Can Capitalize on the Cannabis 2.0 Revolution?

The Cannabis 2.0 revolution is here. On October 17, cannabis concentrates and edibles became legal in Canada. This comes a year after full recreational legalization of fresh and dried cannabis flowers, oil, plants, and seeds. According to international accounting firm Deloitte, “The speed with which Canada’s cannabis industry has evolved over the past 18 months has been truly remarkable.” The…

Read More

2 Ways to Make a Profit Even as Weed Stocks Collapse

It’s been a rough year for weed stocks across the board. From the largest producer to the tiniest upstart, valuations have been slashed as investor sentiment shifted from irrational exuberance to outright pessimism. However, there’s always an opportunity to make a profit if you’re willing to think unconventionally.  Here are the two stocks that could survive and thrive in 2020,…

Read More

Did Regulators Let CannTrust (TSX:TRST) Get Off Too Easy?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) shrouded the cannabis industry in scandal after authorities found secret grow rooms and unauthorized inventory in CannTrust facilities. Illegal marijuana producers use similar tactics to distribute the product in the black market. The news brought the stock down from its 52-week high of $15.50 to the current price of $1.20. Legalizing an entire industry presents many challenges,…

Read More

2 Top Pot Stocks That Could Disappear by 2025

After rising several hundred percent in 2018, most cannabis indexes are down 50% or more in 2019. To be sure, underlying growth is still moving higher at a rapid pace. Over the next five years, the cannabis market is expected to grow at more than 20% annually. The issue isn’t demand, but expectations. As with any other hyper-growth market, pot…

Read More

These 3 Stocks Have Been TSX’s Top Performers Over the Last 3 Years

In September, the Toronto Stock Exchange launched the TSX 30, a ranking of the top 30 performers listed on the TSX over a three-year period based on dividend-adjusted share price appreciation. The three-year returns were measured as of June 30, 2019. The 2019 edition of the TSX 30 includes both emerging and established companies. Most of the companies in the…

Read More

Canopy Growth (TSX:WEED): What Can Reverse the Slide in the Stock?

It looks quite tough for investors to get excited about marijuana stocks these days after a powerful rally this year. The reflection of this thinking can be seen in the stock prices of top marijuana producers that are plunging — and not showing any sign of bottoming out. Canopy Growth (TSX:WEED)(NYSE:CGC), the world’s largest cannabis producer, has lost more than half of…

Read More

Canndescent Raises $27.50 Million in Series C Funding Led By Green Acre Capital

Canndescent is engaged as a California-based ultra-premium cannabis company. The cannabis company became the first in the world to effectively move away from traditional marijuana strains in favor of “effects-based cannabis.” Among the various effects offered include: Calm, Cruise, Create, Connect, and Charge. Canndescent became California’s top-selling luxury cannabis flower brand in 2017 and has since expanded its product offering…

Read More

2 Top Cannabis Stocks to Watch in August

It’s been a wild ride for cannabis investors so far this summer, and not like in the summer of 2018. Whereas last year, there were the super highs from investors excited about the new industry, after several ups and downs, investors have become a lot more wary of where stocks are headed. With some cannabis stocks reporting profits and others…

Read More