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…

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Down 80%, Can the “Amazon of Cannabis” Stock Ever Recover From Here?

Investors in troubled e-commerce retailer of medical cannabis and accessories Namaste Technologies (TSXV:N) finally managed to have a glance at the company’s fiscal 2018 results aftermarket on Friday, May 31, a solid two months later than initially required. Then the stock tanked 18% on Monday to trade 80% lower than the 52-week highs seen in September last year. The company…

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3 Reasons Aurora Cannabis (TSX:ACB) Q3 Results Weren’t All That Impressive

Aurora Cannabis Inc  (TSX:ACB)(NYSE:ACB) hit $65 million in net revenue in its most recent quarter. It was quadruple the $16 million in sales that the company did a year ago, but that doesn’t tell the whole story. Here are my three takeaways from the company’s Q3 results. Sales were up, but still not where they were supposed to be Investors…

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5 Takeaways From CannTrust Holdings’s (TSX:TRST) Redeeming Q1 Earnings

Canadian marijuana producer CannTrust Holdings (TSX:TRST)(NYSE:CTST) stock rallied as high as 11% during morning trade on Tuesday, as the market reacted to the company’s latest quarterly earnings installment. Investors had some justifiable reasons to celebrate the company’s redeeming set of financials after a poor show in a previous quarter. I’ll discuss some notable takeaways from the quarterly installment. A strong…

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Pay Attention to These 4 Things in Aurora Cannabis (TSX:ACB) Results

Next week Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) will be reporting its third- quarter fiscal 2019 results. At this time, I would like to do a quick review of Aurora’s stock price performance this year, and in fact, in the last two years. Pulling up a two-year price graph, we can see that the bulk of the gains in the stock price…

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Warning: This Story From Colorado Could Mean Bad News for Marijuana Stocks

Marijuana stocks are once again on the wane. After months of solid returns, marijuana leaders like Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) began sliding in March, with some down as much as 11% in a month. Although marijuana is a highly volatile sector, the present bearish trend comes at a time when most TSX stocks are doing well, so it may reflect more…

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LGC Capital, Ltd. (TSXV: LG) (OTCQB: LGGCF) Rallies 20% After Announcing First Commercial Medical Cannabis Sales In Jamaica

LGC Capital, Ltd.

LGC Capital, Ltd. (TSXV: LG) (OTCQB: LGGCF) operates as a Canada-based global cannabis company with over 450,000 sq. ft. of marijuana cultivation space across Jamaica, Switzerland, Australia, and Italy. Shares of the global cannabis company are seeing shares rally 20%, through early trading on Thursday, April 4, 2019. Over the past three months, LGC Capital has seen average daily volume…

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