Why CannTrust (TSX:TRST) Stock Declined Over 4% Yesterday

It seems there is no respite for CannTrust (TSX:TRST)(NYSE:CTST) investors. CannTrust stock was down 4.1% yesterday after the company announced that products worth $2.9 million were returned by the Ontario Cannabis Store (OCS). The OCS, which is in charge of Canada’s wholesale to retail distribution, deemed the products to be “non-conforming.” This is the latest drawback for CannTrust and its…

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Canopy Growth (TSX:WEED) Stock: What Should You Do After Its Major Correction?

This could be the correction you’ve been waiting for! If you’re reading this article, you’re probably interested in participating in the growth of the cannabis industry. Canopy Growth (TSX:WEED)(NYSE:CGC) is a top holding of marijuana funds and the stock is trading at half price from its 52-week high. That said, in the last five years, WEED stock has been, well,…

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CannTrust Holdings (TSX:TRST): How Low Could the Stock Price Go?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) is the latest marijuana stock to be hit by a major scandal. Investors who are following the story are wondering if they should take a contrarian position in the shares or avoid the stock altogether. Background CannTrust is the target of a Health Canada investigation that came about as the apparent result of a tip from a…

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Investing in Marijuana Stocks? Here Are 5 Things You Need to Know

Marijuana stocks took a huge hit this past Wednesday, as the Horizons Medical Marijuana Life Sciences ETF (which tracks the sector) fell 5.87% in a single day. The day was a bad one for the TSX and for stocks worldwide, but weed stocks were hit worse than most: the TSX fell just 1.86% on the same date. Between the CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST)…

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Where Will Aurora Cannabis (TSX:ACB) Be in 5 Years?

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is one of many weed stocks that fell from grace in mid-late 2019. After reaching a high of $13.26 in March, it began a steep, months long tumble, at one point falling as low as $7.78. In August, the stock has been on a minor upswing, having regained about 11% of its value since the start of…

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This Underrated Marijuana Stock Could Be a Hot Buy Once Edibles Take Off

We’re just months away from edibles being available for sale in Canada, and that could give marijuana stocks some new life. While currently a lot of the focus has been negative due to scandals and poor earnings performances, we could see some life injected into many pot stocks once cannabis candy and chocolate start giving companies a boost in sales. While…

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2 Marijuana Stocks Going Downhill Fast

Things are starting to get interesting in the marijuana industry. After a surprising quarterly report from Aphria that showed significant net and operating profits, the company’s stock went on a major bull run, rising 31% in a single day. The rising tide didn’t lift all boats, however, as many weed stocks kept tanking. Between Health Canada regulatory drama and the huge losses…

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Should Marijuana Stock Investors Rejoice After Aphria’s (TSX:APHA) Surprise Earnings Beat?

In a recent article, I opined that Aphria Inc  (TSX:APHA)(NYSE:APHA) may be a better buy than Aurora Cannabis Inc due to its faster growth and better profitability track record. This month, Aphria did indeed outperform Aurora, owing to its strong Q4 earnings report–which virtually nobody expected. The report, which showed positive net income and adjusted EBITDA, exceeded analyst expectations on just about…

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This Marijuana ETF Offers 4.8% Dividends and Potential 5 Times Growth

Scandals and controversy have dented investor confidence in the marijuana sector this year. Top producers have lost billions in value and well-known leaders have resigned as misdeeds and missed expectations were uncovered by the public market.  Now that the sentiment has swung negative, I believe that savvy, contrarian investors finally have a chance to find value and add some great…

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Aphria (TSX:APHA) Soars 35%: Should You Buy This Marijuana Stock Today?

Cannabis investors finally received some good news after weeks of downward pressure sent many of Canada’s top marijuana stocks towards 2019 lows. What happened? Aphria (TSX:APHA)(NYSE:APHA) became the first major pot producer to report a quarterly profit. The results surprise analysts and attracted a flood of money into the stock, sending the beleaguered marijuana company from $6.90 to above $9.40…

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