Colombia: Poised to Become the World’s Leading Cannabis Growing Jurisdiction

The global legal marijuana industry continues to boom with analysts predicting a massive surge in demand over the next decade and that the global market could expand to be worth US$66 billion by 2025. That represents an annual compound growth rate (CAGR) of 24%, highlighting the considerable growth ahead for an industry that is still in its infancy. While Canada…

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Get Ready for Canopy Growth (TSX:WEED) to Soar Higher

Cannabis stocks after a stunning start to 2019 are struggling of late, with many of the emerging industry’s leading players declining sharply over the last month. This has occurred because of a range of headwinds facing the burgeoning industry, including sky-high valuations, doubts over the size of the global marijuana market, and rising environmental concerns. Nonetheless, all the major players…

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Marijuana Stocks: Is Cronos Group Inc. (TSX:CRON) a Buy?

It’s not too convincing to stay loyal to Cronos Group (TSX:CRON)(NASDAQ:CRON) stock after seeing its fourth-quarter earnings report. The marijuana producer has delivered sales much lower than market expectations, raising questions about its rich valuations. In a report released on March 26, Cronos reported that sales for the quarter, the first full period after Canada legalized recreational consumption, were $5.6…

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