Is Canopy Growth (TSX:WEED) Stock a Buy After Founder’s Departure?

Leading cannabis firm Canopy Growth Corp (TSX:WEED)(NYSE:CGC) stunned the market on Wednesday last week after announcing the immediate departure of its Co-CEO and Board Chairman Bruce Linton and his ouster from the board. Is the stock a buy after this fundamental leadership change? A growing number of institutional investors in a growth stock can be a great thing, and we…

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3 Scenarios That Would Make Aurora Cannabis (TSX:ACB) Soar Overnight

There’s been one word that comes up again and again regarding cannabis stock Aurora Cannabis (TSX:ACB)(NYSE:ACB), and that word is patience. Investors have been told a million-and-one times that they will have to wait and then wait some more to see this company come into its glory. International expansion, low-cost production, and sky-high production rates promised, investors are sitting around…

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Why Canopy Growth’s (TSX:WEED) Biggest Investor Isn’t Pleased With Their Results

Remember Constellation Brands Inc  (NYSE:STZ)? It’s a name that hasn’t come up much lately. But last summer, they were all the rage, as their $5 billion Canopy Growth Corp (TSX:WEED)(NYSE:STZ) investment was the biggest story at the time. The investment triggered a massive bull market in cannabis stocks, which sent all of the major producers soaring before later crashing in the…

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Could Canopy Growth (TSX:WEED) Rocket Back to All-Time Highs by Year-End?

Bitcoin is hot again; pot stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) are not. Although the rotation between cryptocurrencies and the marijuana market may continue to churn over the coming months based on where the momentum is, I’d urge investors not to get involved with either “sexy” play now that the easy money has already been made. Shares of Canopy have declined…

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3 Reasons Canopy Growth Stock (TSX:WEED) Is a Hot Buy at $50

Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) looks to have lost the bullishness surrounding the stock lately. Finishing last week at less than $53, it’s a far cry from when the stock reached over $70 earlier in the year. However, if it falls to $50, even at its current price point, the stock could be a hot buy for the following three reasons:…

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Is This the Beginning of the End for Marijuana Stocks?

June was a strong month for the S&P/TSX Composite Index, which rose 2.15% in 30 days. However, marijuana investors could be forgiven for not noticing this, as their results were a little different. While almost every other TSX sector rallied in June, marijuana sustained some of its worst losses of the year, after Canopy Growth (TSX:WEED)(NYSE:CGC) posted a quarterly report…

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What Can Investors Expect From Canopy Growth’s (TSX:WEED) Q4 Results Tomorrow?

It’s that time of year already, and Canopy Growth (TSX:WEED)(NYSE:CGC) stock is set for a potentially turbulent week as the cannabis company gears up to release its fourth-quarter results tomorrow. It seems a good time to recap what analysts will be looking for in tomorrow’s report, which is sure to divide marijuana investors. First, however, let’s look back at last…

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India Globalization Capital, Inc. (NYSE: IGC) Surges 45% After Announcing Participation in Arizona’s Industrial Hemp Program

India Globalization Capital, Inc. (NYSE: IGC) is engaged within the hemp & cannabis and infrastructure industries. Shares of the hemp and cannabinoid company is surging 44.69%, through early trading on Friday, June 14, 2019. Over the past three months, India Globalization has seen average daily volume of 998,020 shares. However, volume of 19.68 million shares or dollar volume of $24.21…

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Why the Aurora Cannabis (TSX:ACB) UFC Partnership Is a Huge Deal

It’s been a tough few months for Aurora Cannabis (TSX:ACB)(NYSE:ACB) investors. After reaching a peak closing price of $13.26 in April, the stock has been on a gradual but noticeable downtrend, following an earnings report that showed high growth but missed analyst expectations. Although the company’s sales jumped 20% quarter over quarter, its net loss was $150 million, showing the company…

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At What Price Does Canopy Growth (TSX:WEED) Become a Good Investment?

Now that marijuana stocks have somewhat stabilized, it’s time for investors to take a good look at where they should put their next dollars. Of the top tier marijuana stocks out there, it’s pretty much impossible to argue that Canopy Growth Corp.  (TSX:WEED)(NYSE:CGC) isn’t number one. But that doesn’t necessarily mean you should buy it at any moment. This industry is…

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