This Pot Stock Could Benefit From a Recession

While the coronavirus collapse has hit the market hard, one pot stock could actually gain from the turmoil. When cannabis stocks were surging in 2018, investors were expecting growth across the board. By 2019, most companies had seen their valuations fall by at least 50%. Many marijuana producers were building grow facilities for the first time, and revenue forecasts turned…

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Is HEXO “Too Quebec to Fail?”

I’m sorry, I just love the term “too Quebec to fail.” Looking at a number of darling companies that have come out of Quebec, one can certainly make the argument that Quebec-based companies have the uncanny ability to pick up cheap government financing or equity injections right when they’re needed. Here’s my take on why and how this might impact…

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Expecting a Cannabis Recovery? Don’t Bet on Canopy Growth (TSX:WEED)

Last year was painful for cannabis investors. Most of the major pot stocks plunged, as the cannabis bubble popped because of fears that many will struggle to become profitable in an undetermined market. Canopy Growth (TSX:WEED)(NYSE:CGC) reported a slew of losses, which, coupled with regulatory investigations and the increased likelihood of marijuana being removed as a U.S. federal schedule one…

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Revealed: This Pot Stock Could Soon Pay a Dividend

One of the biggest stories in Canadian business over the latter half of 2019 was the massive implosion of Canada’s marijuana sector. Leading pot stocks fell as much as 50-75%. A number of factors contributed to the fall, but mostly it came down to sentiment. Investors went from being incredibly bullish on the future of legal marijuana in Canada to…

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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…

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THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) Jumps 31% After Announcing Submission of THC Kiss Beverage to Health Canada For Approval

THC BioMed International, Ltd. (OTCQX: THCBF) (CSE: THC) is a Canadian licensed producer of medical and recreational cannabis and related products. The company is licensed with Health Canada to cultivate and sell dried cannabis, extracts, edibles, and topical products. THC BioMed is also the largest supplier of cannabis genetics within Canada. THC BioMed’s U.S.-listed shares jumped 31.11%, during trading on…

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Israel is a Major Player in Cannabis Technology. Why?

There are many reasons why Israel finds itself at the forefront of the cannabis industry – specifically cannabidiol or CBD – the chemical compound found in plants that can relieve anxiety, some seizures, and pain. The middle eastern country – which is about the size of the State of New Jersey – is home to the world’s largest facility for…

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Canopy Growth (TSX:WEED) Stock’s Drake Partnership Pushed Stock 13% Higher

Canopy Growth (TSX:WEED)(NYSE:CGC) stock may have bottomed. It rallied 12.7% soon after the company announced that it was partnering with Canadian rapper, Aubrey Drake Graham, to launch the More Life Growth Company, a fully licensed Toronto-based cannabis producer. Under the agreement, Drake will own 60% of More Life Growth Company, while Canopy Growth will own 40%. Drake has a wide…

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Aurora Cannabis (TSX:ACB) Faces a Tough Hurdle on the Road to Profitability

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is now down over 65% from its all-time high reached before marijuana was legalized across the nation. For value-conscious investors waiting for a decent entry point, now may be the time, as weak-handed investors continue to flee the stock over profitability concerns. Aurora versus the black market While Aurora does look to be on the road…

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Can Aurora Cannabis (TSX:ACB) Stock Rebound in 2020? 

Similar to nearly every other weed stock, Aurora Cannabis (TSX:ACB)(NYSE:ACB) has plummeted this year. The company has shed nearly two-thirds of its market value and is now trading at a two-year low.  The reason for this is clear: the first full year of legal marijuana sales in Canada haven’t worked out as anyone expected.  The new producers haven’t displaced the…

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