Cannabis Beginners: 2 Pot Stocks for New Investors

Pot stocks were the best way to get rich in 2018. Nearly every cannabis company saw their share price increase by leaps and bounds. Doubling and tripling in value were commonplace. This year, the tables were turned. Many marijuana stocks have lost more than 50% in value. But don’t be scared: if you’ve been waiting to invest in cannabis, there…

Read More

Why Did HEXO (TSX:HEXO) Cannabis Stock Jump 38%?

HEXO (TSX:HEXO)(NYSE:HEXO) stock has been in trouble. Since April, shares have shed 75% of their value. This once multi-billion-dollar stock is now being valued at just $750 million. HEXO isn’t alone. The entire industry has experienced intense pain this year. Most cannabis ETFs are down at least 50%. Nearly every pot stock has been crushed. Yet the pain could finally…

Read More

Pot Stock Alert: This Company Has the Biggest Upside in 2020

Cannabis stocks have been in a world of pain this year. Nearly every pot stock has been hit hard, with some losing as much as 90% of their value. Once a billion-dollar company, Green Organic Dutchman Holdings (TSX:TGOD) is now valued at just $250 million. In 2020, however, sales could surge to historic levels. And judging by recent data, the cannabis…

Read More

Why Did Canopy Growth (TSX:WEED) Stock Gain Almost 20% Yesterday?

Shares of Canada’s top cannabis company, Canopy Growth (TSX:WEED)(NYSE:CGC) rose close to 20% on November 20, 2019. The stock lost 33% in market value between November 8 and November 18, as the company reported underwhelming September-quarter results. Canopy disappointed investors with less-than-estimated revenue and earnings. Poor earnings of several other cannabis companies resulted in mayhem in the last week. Canopy…

Read More

Will Charlotte’s Web Holdings (TSX:CWEB) Stock Create Significant Shareholder Wealth?

We have seen the chaos in the cannabis sector over the last few months. Most cannabis stocks have lost 70% in market value, driven by lower-than-expected demand. The slow rollout of retail stores, competition from illegal sellers, and regulatory concerns have decimated pot stocks. But what if I told you one marijuana company has the potential to beat market returns?…

Read More

Canopy Growth (TSX:WEED) Stock Surges: Should You Buy the Bounce?

Bargain hunters are finally piling into the troubled cannabis sector, and investors who have been on the sidelines during the 2019 rout are wondering if this is the right time to add pot stocks to their portfolios. Let’s take a look at Canopy Growth (TSX:WEED)(NYSE:CGC) to see if it deserves to be on your buy list right now. Volatility continues…

Read More

New Cannabis Data Proves Why This Market Is Still Heading Higher

The cannabis market has gone cold — or at least the stocks have. This year, most marijuana ETFs are down more than 50%. Stocks of both big and small companies alike have cratered. Nearly every competitor has been impacted. This type of contraction is commonplace in emerging markets. According to the Gartner hype cycle, a well-known tool for predicting the…

Read More

Why Aphria (TSX:APHA) Is Canada’s Top Pot Stock to Buy Today

Marijuana stocks continue to take a hammering, as the Canadian regulator cracks down, and many companies fail to deliver value as promised. Leading cultivator Canopy Growth has lost a whopping 47% since the start of 2019, while smaller cannabis stocks have suffered even larger losses. One cultivator that appears well positioned to not only survive the latest trials and tribulations…

Read More

Is Canopy Growth (TSX:WEED) Stock a Contrarian Buy at $20?

The downward spiral in the share price of Canopy Growth (TSX:WEED)(NYSE:CGC) and other pot stocks continues. What’s going on? Canada’s largest marijuana company just reported disappointing results for its most recent quarter ended September 30, 2019. Canopy Growth lost $374 million for the quarter, representing a 13% increase in losses compared to the same period last year. Management says the…

Read More

Cannabis Stock Alert: Can Hexo (TSX:HEXO) Get Back to $5?

Cannabis stocks are getting crushed. If you’ve been waiting to jump in, this could be your best opportunity. Most analysts expect the global cannabis market to exceed $100 billion in sales by 2030. Some believe it could ultimately be worth more than $200 billion. If that’s true, the recent downturn could be a once-in-a-lifetime chance to scoop up stocks that…

Read More