Canopy Growth (TSX:WEED) Stock Craters But it’s Still Not Time to Sell

It’s been a tough earnings season for cannabis companies, with HEXO, Tilray, and now Canopy Growth (TSX:WEED)(NYSE:CGC) turning in disappointing results. However, while investors have been quick to sell off their shares in affected companies, the industry is brand new, and the best way to get rich in the long term is to hold onto that stock. Let’s take a…

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Better Cannabis Buy: Cronos (TSX:CRON) vs. Tilray (NASDAQ:TLRY)

Cannabis investors continue to experience a steep decline in the value of their investments. However, several cannabis stocks are trading close to their 52-week lows and might gain in market value as we head into 2020. Here, we look at two stocks that have corrected significantly in the last year. The stocks are Cronos (TSX:CRON)(NASDAQ:CRON) and Tilray (NASDAQ:TLRY). Cronos went…

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Why Cronos (TSX:CRON) Stock Fell 14% in August

Cronos Group (TSX:CRON)(NASDAQ:CRON) was one of the best-performing pot stocks in history. In 2016, shares were worth just $0.20 apiece. This March, shares surpassed the $29 mark. A $10,000 investment would have been worth nearly $1.5 million. Over the last six months, however, shares have struggled, falling as much as 50%. Last month, the declines continued, with the stock losing 14%…

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TFSA Investors: Should You Own Marijuana Stocks?

Marijuana stocks have been a hot news item over the past two years. Between legalization, global expansion and massive M&A deals, there’s been a lot to keep up with. In the lead-up to legalization, weed stocks went on a massive bull run, with stocks like Tilray Inc (NASDAQ:TLRY) rising nearly 1000% in just a few months. Since then, the marijuana sector…

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Tilray (NASDAQ:TLRY): The Fall of a Weed Stock

Remember Tilray (NASDAQ:TLRY)? During last summer’s weed bubble, it was one of the most talked about marijuana producers. Rising 755% from its IPO price in just two months, TLRY gained more than any other weed stock in the same period. At the time, investors were positively euphoric about the company’s elite VC backing and access to U.S. distribution networks, both of…

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Why Investors Need to Bet on This 1 Cannabis Stock

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock is on the verge of a breakout. It has burnt significant investor wealth in the last 10 months. Aurora investors have lost over 37% since October 2018. Several cannabis stocks were overvalued at the end of last year, just before Canada regularized marijuana for recreational purposes. After that euphoria died down, cannabis stocks fell significantly. Shares…

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Investors: How to Prepare for the “Next Generation” of Weed Stock IPOs

The quick returns generated by weed stock IPOs are almost unprecedented in stock market history. As a case in point, consider Tilray. After its IPO, Tilray rallied 750% in the span of a few short months. Although it cooled off shortly afterward, the stock’s rise shows how quickly weed stocks can make investors wealthy. Unfortunately, with growing losses and increasing regulatory…

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Tilray (NASDAQ:TLRY) vs. Aphria (TSX:APHA): Which Marijuana Stock Is Riskier?

Marijuana stock trading has made many millionaires during the past few years. Investors who’d jumped in this trade early made killings, as the companies benefited from global interest in this growing industry. But with winners, this space has also produced plenty of losers who got stuck when short-sellers pounced on weak marijuana companies. No doubt this industry has a lot…

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WARNING: These 2 Marijuana Stocks Could Collapse in the Second Half of 2019

The second quarter of 2019 has not been kind to marijuana stocks. After getting off to a great start in Q1, many weed stocks started tanking in March, with the Horizons Marijuana Life Science ETF having shed 15% of its value since then. Although some marijuana stocks have fared better than others in this period, the general trend is decidedly negative,…

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Tilray, Inc. (NASDAQ: TLRY) Rallies 17% After Signing LOI with Privateer Holdings to Extend Lock-up and Orderly Release of its 75 Million TLRY Shares

Tilray, Inc. (NASDAQ: TLRY) is a global cannabis company that is engaged within the research, cultivation, production, and distribution of cannabis-related products to over twelve countries. Shares of the cannabis company are gaining 16.62%, through early trading on Monday, June 10, 2019. Over the past three months, Tilray has seen average daily volume of 1.57 million shares. However, volume of…

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