Buy Alert: This Pot Stock Is Exploding Higher

Pot stocks had a tough 2019. The start of 2020 was no easier. Since their all-time highs, many marijuana companies have seen their shares reduced by 70% or more. Recent weeks have been a different story. One producer in particular has seen its stock move from $0.60 to $1.50 in just 20 days. There’s reason to believe this momentum will…

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This Pot Stock Can Rise 10 Times in Value

In 2018, pot stocks were going gangbusters. Several new startups attained billion-dollar valuations. The party ended in 2019, when the majority of the industry fell by more than 50%. Some smaller competitors lost 90% of their value. What does the future hold for 2020? So far, the results have been mixed. The worst of the 2019 bear market is now…

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The #1 Pot Stock to Buy During the Market Rally

The market rally picked up steam in recent weeks, yet many pot stocks remain depressed — and for good reason. If you want to go bargain shopping for marijuana stocks, you need to be careful. Today, some pot stocks are priced at ridiculous valuations. Fortunes are ready to be made. Other pot stocks, however, face a difficult future — one…

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2 Pot Stocks to Buy, 1 to Avoid

In 2018, every pot stock skyrocketed in value. In 2019, every pot stock plummeted in value. This year, expect the results to be somewhere in the middle, with some stocks performing well, while others struggle to survive. Why will 2020 be a mixed bag for cannabis investors? Looking at the results in 2018, the market was clearly rushing to supply…

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This Pot Stock Could Go Bankrupt in 2020

The pot industry is in turmoil. After setting dizzying new heights in 2018, the market experienced a painful bear market in 2019. Most companies experienced share price declines of at least 50%. Some stocks sank by more than 80%. That was the case with Green Organic Dutchman Holdings (TSX:TGOD). Once a multi-billion-dollar company, Green Organic was set to revolutionize the…

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Are Pot Stocks Like Aurora Cannabis (TSX:ACB) and Hexo (TSX:HEXO) Running Out of Cash?

We know that cannabis companies have been struggling with structural and regulatory issues for a while. Most pot companies have reported less-than-impressive quarterly results over the last year, resulting in an extended bear run for investors. The recreational marijuana industry has been rattled by illegal sales that still account for 40% of total Canadian cannabis sales. The slower-than-expected roll-out of…

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This Pot Stock Is Perfect for a TFSA

Tax-Free Savings Accounts (TFSAs) are perfect for growth investing. As long as your money remains in a TFSA, it grows tax free, even if you turn thousands into millions. Having a limitless tax shield is an advantage you shouldn’t throw away. In 2018, cannabis investors were ecstatic as most pot stocks skyrocketed by more than 500%. The story shifted in…

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Should You Stay Away From Pot Stocks in 2020?

After booming for more than three years, the marijuana bubble started to burst in 2018 following legalization. The downhill move continued in 2019. Marijuana companies failed to meet expectations on revenue, as they had to face oversupply problems. It looks like the demand for cannabis was overestimated, and the hype has faded.  With the sharp decline in stock prices, we…

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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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