Legalization Part Deux: What to Expect From Marijuana Stocks Like Aurora Cannabis (TSX:ACB)

It’s déjà-vu. Here we are in early September, and the cannabis industry is on the cusp of another significant macro event. The legalization of cannabis edibles is expected to come no later than October 17, 2019. If the date sounds familiar, it should. It is exactly a year to the day Canada legalized the sale of recreational marijuana. Estimates vary…

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This 1 Statistic Is Nightmare Fuel for Marijuana Stock Investors

Marijuana investors are used to volatility. Since going public, stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) have had huge swings up and down but have mostly risen over the long term. So, for many long-term holders of weed stocks, a bit of beta is no big deal. After all, it’s just a matter of time before the next bull gets running and weed stocks…

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2 Cannabis Stocks to Keep an Eye on This Fall

The cannabis market has experienced a seismic shift over the past few years. Sales have grown at an exponential rate, and many of the top firms in the sector have seen their share prices skyrocket. Thankfully, it isn’t too late for those looking to profit from this rare opportunity. The cannabis industry is projected to keep growing, both in North…

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Why Is Aurora Cannabis (TSX:ACB) Burning Through Cash?

Recreational marijuana became legal in Canada in October 2018. The hysteria surrounding the industry was unprecedented before and after. But the high returns it promised did not eventuate, leaving investors shocked and awed. The major cannabis companies were showing little or no profit but were burning cash like crazy. All industries go through birth pains, and the marijuana business is…

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This Marijuana ETF Offers 4.8% Dividends and Potential 5 Times Growth

Scandals and controversy have dented investor confidence in the marijuana sector this year. Top producers have lost billions in value and well-known leaders have resigned as misdeeds and missed expectations were uncovered by the public market.  Now that the sentiment has swung negative, I believe that savvy, contrarian investors finally have a chance to find value and add some great…

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Is HEXO (TSX:HEXO) a Value Trap?

At first glance, HEXO (TSX:HEXO)(NYSE:HEXO) seems like the rare value play in an overvalued sector. As of writing, the company has an enterprise value under a billion dollars, and based on management’s projections of a $400 million run rate for fiscal 2020, we are looking at a stock that is trading at just 2.3 times forward sales. But before you…

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What to Look for When Aphria (TSX:APHA) Reports Earnings on Thursday

On Thursday, Aphria (TSX:APHA)(NYSE:APHA) will report its financial results for its fiscal year 2019 as well as its fourth quarter — the three months ending May 31, 2019. Here are some things to watch out for when this controversial company reports its numbers. Kilograms sold The headlining figure for the upcoming report will be the total kilos that Aphria sold…

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Fire & Flower Holdings Corp. (TSXV: FAF) Rallies 11.40% After Receiving Strategic Investment From Alimentation Couche-Tard, Inc. (TSX: ATD.B)

Fire & Flower Holdings Corp. (TSXV: FAF) operates as an independent recreational cannabis retailer primarily operating in Canada. The cannabis retailer seeks to provide services and education to its customers, in an effort to connect individuals with information to improve their experience. Fire & Flower’s Hifyre digital platform helps customers seamlessly search through cannabis products. The company’s licensed retail subsidiary,…

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Here’s Why Cannabis Derivative Products Could Turn Out to Be the Next Big Thing

While still not legal yet within Canada for recreational consumption, the official legalization of cannabis derivative products appears to be right around the corner. In this post, I’ll explain why nearly 12 months after recreational cannabis legalization, the market for derivative applications like edibles, oils, beverages, and creams could prove to be absolutely mind-blowing. Last month, Health Canada released its…

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Canopy Growth (TSX:WEED) Offers No Near-Term Upside

Before I begin, I would like to preface this article by stating that I am a huge fan of Canopy Growth (TSX:WEED)(NYSE:CGC). In December, I wrote that Canopy was the best name in the (then-undervalued) marijuana sector based on forward outlook. Now that we’re two quarters into legalized recreational use, however, there is an impetus on the industry’s management teams…

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