This Pot Stock Could Go From $400 Million to $4 Billion

Hexo Corp (TSX:HEXO)(NYSE:HEXO) isn’t a big pot stock. It’s worth only $400 million. Many of its competitors are worth several billion dollars. But if you’re looking for big upside, this is the stock for you. It all comes down to strategy. From the start, Hexo took a unique route. The rest of the industry followed a traditional path. This is…

Read More

Which Pot Stocks Can Double in Value in 2020?

Nearly every pot stock doubled in value in 2018. Some quintupled in value. Last year was a different story. In 2019, any company related to marijuana was hit hard. Cannabis ETFs finished the year down more than 50%. The pullback has laid the groundwork for another bull run in 2020. Many investors have been scared off, but these are exactly…

Read More

This Pot Stock Is Perfect for a TFSA

Tax-Free Savings Accounts (TFSAs) are perfect for growth investing. As long as your money remains in a TFSA, it grows tax free, even if you turn thousands into millions. Having a limitless tax shield is an advantage you shouldn’t throw away. In 2018, cannabis investors were ecstatic as most pot stocks skyrocketed by more than 500%. The story shifted in…

Read More

Why This Pot Stock Could Be a Better Buy in 2020 Than Aurora Cannabis

Cannabis investors have the opportunity to start fresh in 2020 with many pot stocks trading at reduced valuations. Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB), for instance, has lost more than 60% of its value since the start of the year; as well, things may not get a whole lot better for the stock in the coming year. There’s a lot of pressure on the…

Read More

Forget Canopy Growth (TSX:WEED): Why This Pot Stock Could Triple in Value!

Canopy Growth (TSX:WEED)(NYSE:CGC) has been on a rough ride this year, falling more than 45% in six months and falling to below $30 a share. While it’s likely attracted the attention of investors thinking that it could be a good buy, whether that’s the case is questionable. Let’s not forget that this is the company that is still looking for…

Read More

Namaste Technologies (TSXV:N) Is a Cheap Pot Stock With Huge Upside Potential

Namaste Technologies (TSXV:N) is a Vancouver-based e-commerce cannabis company. Namaste’s stock price got off to a good start in 2019 but dropped after the company was hit by some scandals. The company is recovering from a restructuring of management following the firing of CEO Sean Dollinger in February for alleged breach of his fiduciary duty to the company. In March,…

Read More

This Pot Stock Just Made the Biggest Acquisition Ever in the U.S. Cannabis Industry

Cresco Labs (CNSX:CL) might not be a household name in the cannabis industry yet, but that might change very soon. On Monday, the company announced that it was acquiring Origin House (CNSX:OH) in what is going to be the largest transaction for a U.S. cannabis company yet — $1.1 billion. Up until now, the big acquisitions have involved Canadian cannabis companies, and…

Read More