Is HEXO Stock a Buy After Restated Earnings?

Cannabis producer HEXO’s (TSX:HEXO)(NYSE:HEXO) stock has been on a strong rebound lately since the start of the new year and the share price closed nearly 16% higher on Wednesday as the pot industry received an Organigram Holdings powered valuation boost. The company recently filed restated financial reports for its fiscal year which ended July 31, 2019 as well as amended…

Read More

Should You Buy Organigram (TSX:OGI) Stock Today?

The fact that cannabis producer Organigram Holdings (TSX:OGI)(NASDAQ:OGI) delivered a 102% year-over-year net revenue growth for the recently reported first quarter of fiscal 2020 doesn’t move me as much as a 54% sequential sales increase over a recent previous quarter does. The year-over-year comparison pits one quarter with very little recreational pot sales generated in just one full month and…

Read More

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…

Read More

Could This Tiny Marijuana Stock Be a Better Bet Than Aurora Cannabis (TSX:ACB)?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) had another terrible week, falling 7.9% between Monday and Thursday. It wasn’t the first losing week for the stock, which is down 19% year to date and 58% from its 52-week high. Although the recent news out of Aurora hasn’t been entirely terrible — with high growth and shrinking losses being positive points — it evidently hasn’t…

Read More

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…

Read More

Why Did OrganiGram Holdings (TSXV:OGI) Rise 9.6% Yesterday?

Shares of Canada-based cannabis company OrganiGram Holdings (TSXV:OGI)(NASDAQ:OGI) rose close to 10% yesterday. The stock closed trading at $6.30 per share. OGI was listed as a public company on August 22, 2019, and closed trading on $6.51 that day. It reached a high of $6.85 on August 28 and a low of $5.5 on September 3. OGI shares were trading…

Read More

2 Cannabis Companies That Could Be the Next Industry Leaders

Canopy Growth has been the market leader since it was the first publicly traded cannabis company in Canada. It has continued to lead, earning some of the highest returns for investors and leading the charge to expand internationally. There are, however, two companies that have not been far behind throughout the process. Now, as Canopy is stalling, there is an…

Read More

Should You Buy Shares of This Top Cannabis Stock After Earnings?

OrganiGram Holdings Inc (TSXV:OGI) (NASDAQ:OGI) received some positive press recently. Bruce Linton, former CEO and co-founder of Canopy Growth Corp (TSX:WEED) (NYSE:CGC), picked OrganiGram as one of the top stock picks in the marijuana sector. This led to a bit of a spike in the firm’s share value. As interesting as this nod of approval was, a much more important…

Read More

2 Canadian Pot Stocks Uplisted to the Nasdaq: Which Is a Better Buy?

When comparing these two companies, the first thing to point out is that Organigram has much lower costs and higher production rates than Flowr. Organigram utilizes a three-tiered indoor grow system that enables the company to post industry-leading adjusted gross margins and the lowest cultivation costs in the country. Organigram not only leads all Canadian cannabis producers with the lowest…

Read More

Why OrganiGram (TSXV:OGI) Might Have the Best Strategy for the Edibles Market

We’re fewer than five months away from the legalization of cannabis edibles. Companies are ramping up production, and we’ve seen various types of strategies deployed by marijuana companies looking to take advantage of this new segment of the market. There have been some high-profile partnerships and investments being made, particularly with beverage companies and marijuana stocks. OrganiGram Holdings (TSXV:OGI) is taking…

Read More