The U.S. Cannabis Market Will Send Canopy Growth (TSX:WEED) Stock Into the Stratosphere

Cannabis stocks have encountered choppy conditions in the spring, which should come as no surprise after a hot start to the year. The largest cannabis company in Canada by market cap is Canopy Growth (TSX:WEED)(NYSE:CGC). Shares of Canopy Growth had dropped 10.4% month over month as of close on June 12. The stock was still up 55.8% in 2019 so…

Read More

Tilray (NASDAQ:TLRY) vs. Aphria (TSX:APHA): Which Marijuana Stock Is Riskier?

Marijuana stock trading has made many millionaires during the past few years. Investors who’d jumped in this trade early made killings, as the companies benefited from global interest in this growing industry. But with winners, this space has also produced plenty of losers who got stuck when short-sellers pounced on weak marijuana companies. No doubt this industry has a lot…

Read More

Target This Stock as the Cannabis Shortage Turns to Glut

When Canada legalized recreational cannabis in October 2018, many industry experts expected that supply would be an early issue. This forecast turned out to be correct in the first months of legalization, as demand far outpaced what retailers were able to deliver. The rollout was complicated by varying regulations across the provinces. Ontario, the most populous province in Canada, only…

Read More

3 Public Cannabis Companies with Operations In Illinois

On May 31, 2019, Illinois lawmakers voted to officially legalize recreational cannabis in the state. The move makes Illinois the eleventh U.S. state to have legalized recreational marijuana for adult-use. Illinois Governor J.B. Pritzker took office in January 2019, after winning the election on a pro-legalization stance and making the issue a key campaign promise. The bill awaits a final…

Read More

Canopy Growth (TSX:WEED): A Pot of Gold

Canopy Growth (TSX:WEED)(NYSE:CGC) is Canada’s leading producer and marketer of cannabis products and the first such company to be listed on both the Toronto and New York Stock Exchanges. Consider the reasons why: a stellar management team committed to quality and innovation and to industry leadership through targeted acquisitions and alliances; a rapidly expanding international presence; and a recent investment…

Read More

Why Did Cronos Group (TSX:CRON) Stock Trade 9% Lower After Q1 Earnings on Thursday?

Cannabis producer Cronos Group (TSX:CRON)(NASDAQ:CRON) shares traded as low as 9.6% on Thursday after the cash-rich company released a mixed bag of Q1 2019 results before market open. The company actually showed some improvements in its financial performance as compared to a previous quarter, but revenue growth, the market’s main focus today, was much weaker than desirable. Not-so-impressive revenue growth…

Read More

The #1 Cannabis Risk That No One Is Talking About

The cannabis industry hit its stride last year, with many pot stocks rising by 100% or more. In many ways, the exuberance is warranted. In 2018, Canada became the first industrialized country in the world to legalize recreational cannabis. Many U.S. states followed suit. Today, most states in the U.S. have some form of legal marijuana, even if it’s not…

Read More

Aurora Cannabis Inc. (TSX:ACB): Time to Buy This Marijuana Stock?

The latest round of earnings reports from Canadian cannabis producers has investors wondering which pot stocks might offer the best shot at additional upside through the end of 2019 and beyond. Let’s take a look at the current state of the sector and at Aurora Cannabis (TSX:ACB)(NYSE:ACB) to see if the stock deserves to be on your buy list. Ready,…

Read More

Aurora Cannabis (TSX:ACB) and Aphria (TSX:APHA) Get a Leg Up on the Competition

captor capital

Fort the most part, marijuana stocks have been bid up for one reason: the legalization of recreational marijuana in Canada. Pot stocks have sky-high valuations, and at the moment, their success as investments is dependent on this recreational demand. Lost amid the recreational hype is medical marijuana. Most pot stocks got their start as licensed medical marijuana producers. Major players,…

Read More

Marijuana Stocks: Is Cronos Group Inc. (TSX:CRON) a Buy?

It’s not too convincing to stay loyal to Cronos Group (TSX:CRON)(NASDAQ:CRON) stock after seeing its fourth-quarter earnings report. The marijuana producer has delivered sales much lower than market expectations, raising questions about its rich valuations. In a report released on March 26, Cronos reported that sales for the quarter, the first full period after Canada legalized recreational consumption, were $5.6…

Read More