My Top Cannabis Pick

This recent market turmoil has resulted in what I can only describe as a tectonic shift in the Canadian cannabis sector. Investors have moved from a growth-at-any-cost, risk-seeking base of retail investors to a much more conservative, long-term group of investors. Stock prices tell this story. In this article, I’m going to discuss why, despite more downside likely on the…

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Canopy Growth (TSX:WEED) Lays Off 500 Workers: Bad News for Weed Stocks?

Canopy Growth’s (TSX:WEED)(NYSE:CGC) stock price lagged behind in March by 5.7%. This was followed by the company laying off 500 workers, as it was deemed a “non-essential” business in major provinces of the country. The layoff was a result of the marijuana giant having to shut down 23 of its stores in Manitoba, Saskatchewan, and Newfoundland and Labrador, along with…

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Should You Stay Away From Pot Stocks in 2020?

After booming for more than three years, the marijuana bubble started to burst in 2018 following legalization. The downhill move continued in 2019. Marijuana companies failed to meet expectations on revenue, as they had to face oversupply problems. It looks like the demand for cannabis was overestimated, and the hype has faded.  With the sharp decline in stock prices, we…

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Did HEXO (TSX:HEXO) Actually Sell its Cannabis Stock at $0.56?

A quick browse of HEXO’s (TSX:HEXO)(NYSE:HEXO) fiscal fourth-quarter 2019 financial results, as summarized in an earnings release on October 29, could raise some goosebumps for cannabis stock investors, especially when they get to the number $0.56 — shown as a realized net realized price on one revenue line during the last quarter. The company’s operational results were as follows: Source:…

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1 Big Problem for the Cannabis Industry

In order for the cannabis industry to be successful in Canada, Ontario is one place it’s going to have to do well. And so far, that hasn’t been the case. It’s been a roller-coaster ride for the industry, to say the least. Supply issues have limited the number of stores that have been up and running throughout the country, and…

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Could This Be the Next Big Trend in the Cannabis Industry?

The edibles market is just months away from going live in Canada. However, if it’s anything like last year’s marijuana launch, consumers and investors alike could be disappointed. Supply is still an issue and the retail market is still not operating anywhere near where it could be. That’s why it may come as no surprise that many consumers are still…

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1 Explosive Weed Stock to Buy Instead of Aurora Cannabis (TSX:ACB)

The cannabis industry is thriving, and the market is evolving faster than any industry sector. Regulations are in place, while more are certainly forthcoming. But the market is wracked by various concerns. They range from supply shortages, distribution bottlenecks, and even shake-ups at the top levels of management. The situation is baffling investors and even upsetting to some. In a…

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