Sundial Growers, Inc. (NASDAQ: SNDL) Rebounds 19% After Issuing Statement on “Baseless Class Action Lawsuits”

Sundial Growers, Inc. (NASDAQ: SNDL) is a Canadian cannabis company, which is engaged in the cultivation and production of cannabis flower for medical, wellness, and recreational purposes. The company maintains a flagship production facility in Olds, Alberta and a second facility located in Rocky View, Alberta. Sundial Growers is working on construction of a third facility in Merritt, British Columbia.…

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New Age Beverages Corporation (NASDAQ: NBEV) Gains 16% After Receiving Approval From Japanese Government to Launch CBD Products

New Age Beverages Corporation (NASDAQ: NBEV) is engaged as a healthy beverages company, which operates brands like: Nestea, Illy Coffee, Volvic, Evian, Tahitian Noni, Marley, Bucha Live Kombucha, TeMana, and more. Shares of the beverages company rallied 15.62%, during early trading on Tuesday, September 24, 2019. Over the past three months, New Age Beverages Corporation has seen average daily volume…

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SPI Energy Co., Ltd. (NASDAQ: SPI) Surges 66% After Launching Hemp and CBD Business in Partnership with Navajo Nation

SPI Energy Co., Ltd. (NASDAQ: SPI) is engaged as a renewable energy company, which operates as a global provider of photovoltaic solutions for enterprise, residential, government, and utility customers. Shares of the green energy company soared 66.37%, during trading on Wednesday, September 18, 2019. Over the past three months, SPI Energy has seen average daily volume of 18,660 shares. However,…

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3 Industries Set to Grow Rapidly Over the Next Decade

Stars Group (TSX:TSGI)(NASDAQ:TSG) made its name though online poker; however, about a year ago Stars acquired Sky Betting and Gaming — a move that has truly revolutionized its operating profile. Whereas a year ago 53% of TSG’s revenues came from online poker, through the first six months of 2019, over 35% have come from online sports betting, with the other two-thirds…

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2 Underrated Pot Stocks to Buy Ahead of Cannabis 2.0

The bear came for cannabis stocks in the late spring and summer, but this has also created an opportunity for investors looking to jump into the fledgling sector. Many of the top producers still carry high valuations, but there are still mid-tier cannabis companies available that can be had for a bargain. Today, we’re going to take a snapshot of…

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3 Growth Stocks to Buy for 2020

It’s been a volatile year for 2019, and it may be a good time for investors to start looking ahead to future years to find good growth opportunities. Below are three stocks that could be appealing buys for 2020 that could yield good returns for investors: Ballard Power Systems Inc (TSX:BLDP)(NASDAQ:BLDP), which has risen over 80% during the first eight months…

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Why Cronos (TSX:CRON) Stock Fell 14% in August

Cronos Group (TSX:CRON)(NASDAQ:CRON) was one of the best-performing pot stocks in history. In 2016, shares were worth just $0.20 apiece. This March, shares surpassed the $29 mark. A $10,000 investment would have been worth nearly $1.5 million. Over the last six months, however, shares have struggled, falling as much as 50%. Last month, the declines continued, with the stock losing 14%…

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Is Cronos (TSX:CRON) Headed Further Down in Price?

Things could be about to get even worse for Cronos Group Inc (TSX:CRON)(NASDAQ:CRON). Since March, the stock has been plummeting, losing around half of its value during that time. The stock has been heavily overpriced for some time now — with plenty of room to continue falling, especially now that one analyst has adjusted their target for the stock. Last week,…

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TFSA Investors: Should You Own Marijuana Stocks?

Marijuana stocks have been a hot news item over the past two years. Between legalization, global expansion and massive M&A deals, there’s been a lot to keep up with. In the lead-up to legalization, weed stocks went on a massive bull run, with stocks like Tilray Inc (NASDAQ:TLRY) rising nearly 1000% in just a few months. Since then, the marijuana sector…

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Tilray (NASDAQ:TLRY): The Fall of a Weed Stock

Remember Tilray (NASDAQ:TLRY)? During last summer’s weed bubble, it was one of the most talked about marijuana producers. Rising 755% from its IPO price in just two months, TLRY gained more than any other weed stock in the same period. At the time, investors were positively euphoric about the company’s elite VC backing and access to U.S. distribution networks, both of…

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