Canopy Growth (TSX:WEED) Stock’s Drake Partnership Pushed Stock 13% Higher

Canopy Growth (TSX:WEED)(NYSE:CGC) stock may have bottomed. It rallied 12.7% soon after the company announced that it was partnering with Canadian rapper, Aubrey Drake Graham, to launch the More Life Growth Company, a fully licensed Toronto-based cannabis producer. Under the agreement, Drake will own 60% of More Life Growth Company, while Canopy Growth will own 40%. Drake has a wide…

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Marijuana Stocks: Has Canopy Growth (TSX:WEED) Reached a Bottom?

The downward spiral that hit Canada’s marijuana sector continues unabated. Canopy Growth (TSX:WEED)(NYSE:CGC), the world’s largest cannabis producer, has lost more than 60% of its value since hitting a record high in April. The major question before investors after this massive correction is, are these beaten-down stocks close to reaching a bottom? Investors are selling marijuana stocks amid disappointing results, regulatory…

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Marijuana Investors: 1 Easy Way to Protect Yourself From Tanking Pot Stocks

It has not been a good few months for Canada’s top marijuana companies. Shares have tanked as investors have suddenly turned bearish on the sector. There are a few things that are conspiring against pot stocks to keep them down. Many analysts are saying a wave of oversupply is on the verge of hitting the market, which will drive down…

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2 Marijuana Companies That Are Looking Beyond Canada

Last year, legalization was all the rage in the marijuana industry. This year, international expansion seems to be the name of the game. With more and more jurisdictions opening their doors to legal cannabis, there are huge export markets up for grabs. And now, even smaller marijuana companies are getting in on the action. Historically, the large-cap licensed producers (LPs)…

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Canopy Growth Corp. (TSX:WEED): Is an Even Bigger Marijuana Stock Crash Coming?

Saying that marijuana stocks have struggled this year would be a huge understatement. Investor sentiment toward marijuana stocks has shifted dramatically from one of eternal bliss and optimism to one of increasing fear and skepticism. This is typical of bubbles. The question now is whether there is an even bigger marijuana share crash coming or whether pot stocks will pull…

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Better Cannabis Buy: Green Organic Dutchman (TSX:TGOD) vs. OrganiGram (TSX:OGI)

Cannabis stocks continue to remain volatile, as we head into the last two months of 2019. Investors and analysts were upbeat about the strong demand for cannabis products after marijuana was legalized for recreational use last October. Further, the Cannabis 2.0 was supposed to drive stocks to their previous highs, if not more. Instead, it seems like analysts have grossly…

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These 3 Cannabis Stocks Are Looking Okay for 2020

As it draws to a close, 2019 is not looking like a good year for cannabis stocks. The Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ) declined 29% for the full year, and even more from its 52 week high. While individual marijuana stocks have varied greatly in their results, none of the large ones are up for the year. The poor performance…

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Should You Buy TSX Stocks for Cannabis 2.0?

Big-name Canadian cannabis corporations have made some exciting announcements about new foreign licensing and acquisitions. Popular Toronto Stock Exchange stocks such as Canopy Growth (TSX:WEED)(NYSE:CGC) and Aurora Cannabis (TSX:ACB)(NYSE:ACB) are among those with huge announcements the past couple weeks. On October 17, a new line of cannabis products became legal in Canada, marking the arrival of Cannabis 2.0. Cannabis 2.0 is…

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These High-Growth Markets Will Be Bigger Than Marijuana

Marijuana is going to be big business. According to research firm Cowen Inc, the cannabis market should hit $75 billion in sales by 2030, up from $50 billion in 2026. Few markets are growing faster or have as much promise as legalized pot. Yet there are some opportunities that will be bigger than marijuana. Take a look at the largest…

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Can Aurora Cannabis (TSX:ACB) Stock Rebound in 2020? 

Similar to nearly every other weed stock, Aurora Cannabis (TSX:ACB)(NYSE:ACB) has plummeted this year. The company has shed nearly two-thirds of its market value and is now trading at a two-year low.  The reason for this is clear: the first full year of legal marijuana sales in Canada haven’t worked out as anyone expected.  The new producers haven’t displaced the…

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