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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Could Aurora Cannabis Stock Give Up Recent Price Gains Soon?

Most investors who bought Aurora Cannabis (TSX:ACB)(NYSE:ACB) common shares during the past year are still in the red, even after the recent 117% rally in Aurora Cannabis stock price over the past few trading sessions. The marijuana firm’s latest quarterly results have shown desired progress. Can we expect the positive momentum to hold for much longer, or the company is…

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Will Altria Buy Out Cronos (TSX:CRON) Stock?

Altria Group (NYSE:MO) is a giant company. Now valued at $70 billion, the tobacco behemoth has advantages that smaller competitors simply don’t possess. In today’s environment, Altria’s access to capital is most prized of all. There’s a chance the company could use its power to completely acquire its cannabis partner, Cronos Group Inc (TSX:CRON)(NASDAQ:CRON). In December of 2018, Altria and Cronos…

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Cannabis: Put That in Your Beverage and Drink it?

Boy, oh boy. Everyone saw this coming. I mean, valuations in the Canadian cannabis industry a year ago were just loony. Anyone who read my piece “Bigger Bubble: Cryptocurrencies or Cannabis” were warned of this near the peak. That’s ancient history now, but with the overall cannabis sector down over 70% from these highs, my hopes are that folks who…

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Better Buy for 2020: Canopy Growth (TSX:WEED) vs. Aurora Cannabis (TSX:ACB) Stock

The year 2019 has been one of the worst that investors in Canadian marijuana stocks have seen in the industry’s entire history, as both big and small names tumbled to record new multi-period lows, but contrarian bets could be flocking into this space early in 2020 to scoop some rich pickings right at the bottom, and the big pot names…

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Cannabis Battle! 2 Pot Stocks With Very Different Futures

The cannabis market should continue to grow for the next decade and beyond. Many analysts believe the global market could surpass $100 billion in sales by 2030. In order to meet surging demand, pot companies have been ramping their capacity and infrastructure at breakneck speeds. They’ve also been working to secure valuable partnerships to accelerate market adoption. Even if the…

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Health Canada Gave CannTrust (TSX:TRST) a Lifeline: Could the Stock Recover?

Troubled cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) is battling for survival after illegally growing cannabis in the latest scandal to rock the Canadian marijuana industry. Instead of a straight licence revocation for the violation, Health Canada partially suspended the company’s sales and processing licences, and there are hints for their potential reinstatement once the cause for suspension is no longer present.…

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Contrarian Investors: Is Aurora Cannabis (TSX:ACB) Stock a Buy?

With equity markets trading near all-time highs, contrarian investors are searching for troubled stocks that have fallen out of favour and might offer a shot at some big gains on a turnaround. Let’s take a look at Aurora Cannabis (TSX:ACB)(NYSE:ACB) to see if it deserves to be on your buy list today. Tough run Aurora Cannabis trades at $6.50 per…

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3 Ancillary Stocks to Invest in the Marijuana Craze

One number that keeps getting thrown around within the cannabis industry is US$200 billion. That figure represents what this industry could be worth globally in just a decade. Given that in 2018, there were US$10.9 billion in legal sales with the industry in its infancy, it appears that cannabis companies are well on this path to greatness. Yet right now…

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Has Canopy Growth (TSX:WEED) Stock Bottomed?

The decline in marijuana stocks through the summer months wiped out billions of dollars in market value and put a big dent in the portfolios of investors who binged on pot stocks during the early 2019 rally. In recent days, however, the sector started showing new signs of life, and fans of cannabis stocks are wondering if this is the…

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