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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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…

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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…

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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…

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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,…

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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,…

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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…

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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…

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