Now Is the Time to Bet on Pot Stocks

Pot stocks were hammered in 2019. Nearly every company lost at least 50% of its value. Cannabis demand, on the other hand, continues to climb. This disconnect provides patient investors a clear path to profit. As with any early-stage market, investors scrambled at the chance to inject pent-up capital into cannabis companies. In 2018, many pot stocks rose by more…

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This Small-Cap Pot Stock Beats Canopy to Profitability

When you think about marijuana stocks, you probably think about big names like Canopy Growth and Aurora Cannabis. These companies aren’t turning a profit yet and won’t be profitable any time soon. The first full year of cannabis legalization in Canada has been challenged by scandals, oversupply problems, and lack of visibility in retail. The factors all put downward pressure…

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Aurora Cannabis (TSX:ACB) Stock Investors: Buy the Dip or Bail Out After Latest Asset Write-Downs?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) announced a senior management change, a significant corporate restructuring exercise, and asset write-downs that could spark another wave of disappointment among marijuana investors, further weakening the company’s stock price before financial results get released on February 13. The pot producer’s founder and CEO has announced his immediate retirement, and the appointment of the company’s executive chairman as…

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TFSA Investor Stocks to Buy Now

TFSAs are perfect vehicles for saving. All of your capital will grow tax free, and when it’s time for withdrawals, those are tax free, too. What kind of stocks should you be holding in a TFSA? There are several viable options. The biggest mistake is simply to hold cash. Mediocre returns essentially nullify your tax benefits. If you want to…

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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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Forget Aphria: This Pot Stock Just Recorded an Even Larger Profit!

It’s always big news when a cannabis company records a profit because it’s simply not all that common to do so. Typically, companies in the industry have been plagued with rising costs as a result of expansion, which has often prevented them from finishing in the black. It was impressive when Aphria (TSX:APHA)(NYSE:APHA) released its Q1 results back in October…

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2 Premier Cannabis Stocks to Watch This Earnings Season

The cannabis sector has been very popular over the last few years, but more so now, as the industry matures, and companies try to turn a profit. This earnings season, a lot will be made of companies’ operations and what they have done to improve their position in the industry and grow their margins toward profitability. Over the last few years,…

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Why Shorting Marijuana Stocks Is Becoming Hugely Profitable

When it comes to investing in marijuana stocks, one thing is becoming quite clear: these companies are facing a crisis of confidence. The hype that was created after the legalization of recreational use in Canada is losing its steam fast, while investors await a clear path to profitability. Unfortunately, not many companies have been able to show that path as…

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Is Cronos (TSX:CRON) Headed Further Down in Price?

Things could be about to get even worse for Cronos Group Inc (TSX:CRON)(NASDAQ:CRON). Since March, the stock has been plummeting, losing around half of its value during that time. The stock has been heavily overpriced for some time now — with plenty of room to continue falling, especially now that one analyst has adjusted their target for the stock. Last week,…

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