Pot Stock Alert: This Company Has the Biggest Upside in 2020

Cannabis stocks have been in a world of pain this year. Nearly every pot stock has been hit hard, with some losing as much as 90% of their value. Once a billion-dollar company, Green Organic Dutchman Holdings (TSX:TGOD) is now valued at just $250 million. In 2020, however, sales could surge to historic levels. And judging by recent data, the cannabis…

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This Cannabis Stock Gained Amid Massive Market Decline Yesterday

The underwhelming earnings of top cannabis players have resulted in a bloodbath. Aurora Cannabis, Canopy Growth, and Cronos stock have fallen considerably in the last two trading days. ACB is down 36%, Canopy Growth is down 30%, and Cronos Group has slumped 27% since Friday. While these cannabis giants continued to lose market value, there was one company that was…

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Canopy Growth Corp (TSX:WEED) Is Oversold: Is Now the Time to Buy?

The S&P/TSX Index is hitting new highs, gaining a whopping 17% year to date. To put that into perspective, the Index has closed above 17% only twice since the financial crisis, and it’s safe to say that the TSX is enjoying a strong year. Unfortunately, this rising tide did not raise all ships. Every week, I scour the oversold list…

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TFSA Investors: 3 Buy and Hold Stocks for the Coming Decade

Given the massive regulatory, geopolitical, and technological changes over the last ten years, the future may be significantly different. Millions of people now have legal access to cannabis, unprecedented numbers of electric vehicles are set to flood the streets, and drones are preparing to deliver everything from Amazon.com, Inc. orders to life-saving medical supplies. Yet not all stocks are prepared…

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Why Canopy Growth (TSX:WEED) Stock Is Being Pummeled Again

The release of second-quarter fiscal 2020 results yesterday felt a little like Canopy Growth’s (TSX:WEED)(NYSECGC) day of reckoning in a long list of days that have felt the same. Canopy Growth stock is down approximately 15% at the time of writing on the day of the release. That’s pretty brutal and feels like a wake-up call. Let’s take a look…

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Should Beaten-Down Aurora Cannabis (TSX:ACB) Stock Be on Your 2020 Buy List?

News that Aurora Cannabis (TSX:ACB)(NYSE:ACB) is suspending some construction projects came as no surprise when management released first-quarter 2020 earnings results on Thursday, but the stock price could still touch lower 52-week lows in the near term as the market adjusts its growth expectations for the marijuana industry. That said, contrarian investors with a long-term holding period could have been…

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Marijuana Stocks: Has Canopy Growth (TSX:WEED) Reached a Bottom?

The downward spiral that hit Canada’s marijuana sector continues unabated. Canopy Growth (TSX:WEED)(NYSE:CGC), the world’s largest cannabis producer, has lost more than 60% of its value since hitting a record high in April. The major question before investors after this massive correction is, are these beaten-down stocks close to reaching a bottom? Investors are selling marijuana stocks amid disappointing results, regulatory…

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Cannabis Stock Alert: Can Hexo (TSX:HEXO) Get Back to $5?

Cannabis stocks are getting crushed. If you’ve been waiting to jump in, this could be your best opportunity. Most analysts expect the global cannabis market to exceed $100 billion in sales by 2030. Some believe it could ultimately be worth more than $200 billion. If that’s true, the recent downturn could be a once-in-a-lifetime chance to scoop up stocks that…

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Will Aurora Cannabis’s (TSX:ACB) Vape Products Send the Stock Higher?

Last month, “Cannabis 2.0” was all the rage, as investors anticipated the legalization of new cannabis products like edibles and beverages. Although cannabis was legalized federally last year, many categories of products weren’t approved for sale until October 17 — exactly one year from the date cannabis was legalized. Cannabis producers are reacting to the new approvals in various ways.…

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Could CannTrust Shares Double in Value?

CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) has gone through a lot of turmoil since July when we first learned of the company’s illegal growing operations. Since then, shares have fallen by more than 75% in value. However, with such a massive drop in price, there’s definitely room for a big recovery for CannTrust – if it can get its cannabis licence reinstated, which would…

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