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…

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Is HEXO (TSX:HEXO) Stock a Contrarian Buy?

The high-flying cannabis sector has hit some turbulence in the past six months and investors are wondering whether the pullback has simply gone too far. Volatility in marijuana stocks is not new and investors should expect that trend to continue as the sector works through the growing pains associated with the emergence of a new industry. Analysts and investors agree…

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ALERT: 1 Week Before Aurora Cannabis (TSX:ACB) Earnings

We are a few weeks removed from the next stage of cannabis legalization. Cannabis 2.0 will introduce products like vape pens and edibles into the legal market. Aurora Cannabis (TSX:ACB)(NYSE:ACB), one of the top producers in the world, has seen its stock fall 15.7% month over month. According to Aurora’s upcoming events on its main site, the company is set…

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These Pot Stocks Have the Most Cash

The cannabis industry is in turmoil. Since 2019, many marijuana ETFs are down more than 50%. Making matters worse, cannabis pricing is in a free fall. This shouldn’t come as a surprise. At the start of the year, I stressed that no one is paying attention to the number one risk in the pot industry: commoditization. Consider Washington State. In…

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Sundial Growers, Inc. (NASDAQ: SNDL) Rebounds 19% After Issuing Statement on “Baseless Class Action Lawsuits”

Sundial Growers, Inc. (NASDAQ: SNDL) is a Canadian cannabis company, which is engaged in the cultivation and production of cannabis flower for medical, wellness, and recreational purposes. The company maintains a flagship production facility in Olds, Alberta and a second facility located in Rocky View, Alberta. Sundial Growers is working on construction of a third facility in Merritt, British Columbia.…

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Aphria (TSX:APHA) Loses its Biggest Customer: Sell the Cannabis Stock?

News on Tuesday is that cannabis firm Aphria (TSX:APHA)(NYSE:APHA) has lost a major supply deal that could have materially benefited the company and its stock investors over the next five strong years, and the company could be liable to refund the customer and pay damages. What we know Aphria entered an initial five-year wholesale cannabis supply agreement with Emblem Corp…

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2019 Canadian Election: Cannabis Fatigue

Cannabis was the hot topic in the 2015 election. Legal weed garnered Canada global attention and ignited an even more rigorous debate over how the industry would be structured and regulated after the Liberal victory. The push for legal weed was hugely consequential for investors and sparked a gold rush in the fledgling sector. Canada finally crossed the finish line…

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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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Can the Next Phase of Cannabis Legalization Create More Millionaires?

Predicting whether or not the cannabis industry will have another boom like the ones seen in the last few years is a difficult task. Knowing which stocks would benefit if it did boom is much easier. As Canada’s recreational cannabis industry continues to evolve, and as the government gets set to introduce the next phase of legalization, there are certain…

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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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