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Is Namaste Technologies’ Stock a Buy After Reporting Record Quarterly Revenue?

The Motley Fool

It once aspired to be “the Amazon of cannabis,” but e-commerce focused marijuana stock Namaste Technologies (TSXV:N) has taken on a manufacturing-based growth strategy that’s beginning to yield impressive results. The company has shaken off its drama-filled past. Operations have returned to strong sequential quarterly sales growth. Actually, the company reported record quarterly revenue in last week’s earnings release. Should…

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2 TFSA Stocks to Buy Right Now

The Motley Fool

It’s always a good idea to avoid investment taxes. Tax-Free Savings Accounts (TFSAs) make that easy, shielding your capital from both capital gains and dividend taxes. But not every investment makes a good TFSA stock. You’ll want to choose carefully. For example, let’s say you chose to invest in Enbridge Inc due to its 7.8% dividend. With a TFSA, that…

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Investor Alert: The Key Factor That No One Thinks About

The Motley Fool

I’ve been extremely vocal in the past about the shareholder value destruction that was taking place during the cannabis bubble, which popped last year. I think sentiment has shifted so dramatically now that it warrants some continued discussion and reflection. Cannabis acquisitions Companies in the Canadian cannabis sector were paying premiums of 50-100% or more on a regular basis to…

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3 Takeaways From Aurora Cannabis’s (TSX:ACB) Founder’s Massive Stock Sale

The Motley Fool

Aurora Cannabis’s (TSX:ACB)(NYSE:ACB) founder, director, and former CEO Terry Booth has made a massive sale of 12,161,900 shares on his Aurora Cannabis stock position on the open market over the past few days. Should investors read much into this corporate insider’s latest move? Mr. Booth made four separate large sell transactions of millions of Aurora shares at stock prices ranging…

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The Best Marijuana Stock to Own for the Next 50 Years

The Motley Fool

The past two years have been a roller coaster ride for marijuana investors. In 2018, cannabis stocks were regularly doubling in price. In 2019, they were regularly halving in the price. Despite the whirlwind, the pot industry still has a strong decade of growth ahead of it. Cowen Inc, the leading voice on cannabis stocks, thinks that the U.S. will…

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2 Popular Stocks Hitting New 52-Week Lows

The Motley Fool

Aurora Cannabis (TSX:ACB)(NYSE:ACB) and Canada Goose Holdings (TSX:GOOS)(NYSE:GOOS) are two popular Canadian stocks. The two stocks have recently hit new 52-week lows. Buying a stock that’s hit a 52-week low and that rebounds after is a profitable strategy. But there is a risk that the stock might go down further. It’s therefore important to look at a company’s outlook to…

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Pot Stock Buy Alert: What Long-Term Cannabis Investors Need to Know

The Motley Fool

Even in its short history, Cannabis investing has been full of victory and defeat. In 2018, every pot stock was soaring in value. By 2019, the fortunes were reversed, with the majority of pot stocks falling by at least 50%. Here’s what you need to know: this ride is far from over. In 2020, we could see another upward surge.…

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Like Canopy Growth (TSX:WEED)? This Pot Stock Is Even Better

The Motley Fool

Canopy Growth (TSX:WEED)(NYSE:CGC) is a favourite among cannabis investors. With a $10.3 billion market cap, the stock is priced above nearly every competitor. One of the biggest reasons for this valuation is Canopy’s partnership with Constellation Brands. With a $40 billion valuation, Constellation is an industry heavyweight, too. But instead of pot, Constellation is focused on alcohol. Last year, it…

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3 Reasons Aphria (TSX:APHA) Could Beat Aurora Cannabis (TSX:ACB) in Europe

The Motley Fool

While the battle among Canadian marijuana producers for Europe market dominance continues to shape up in 2020, clear winners are emerging judging from recent licensing developments, capacity analysis and related strategic moves from the respective challengers.  Aurora Cannabis (TSX:ACB)(NYSE:ACB) and Canopy Growth have enjoyed some first mover advantage after reporting some significant sales run rates in Germany over the past…

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