Cronos (TSX:CRON) Stock: $0 or $30?

Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) is a millionaire-maker stock. The only problem is that it’s also a millionaire-destroyer stock. It all depends on timing. In 2016, shares traded at $0.20. At the start of 2019, they touched $30. In just three years, a $5,000 investment became $750,000. Then the cannabis bear market of 2019 occurred. The industry lost billions of dollars…

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This Pot Stock Can Rise 10 Times in Value

In 2018, pot stocks were going gangbusters. Several new startups attained billion-dollar valuations. The party ended in 2019, when the majority of the industry fell by more than 50%. Some smaller competitors lost 90% of their value. What does the future hold for 2020? So far, the results have been mixed. The worst of the 2019 bear market is now…

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1 Pot Stock to Buy and 1 to Sell During the Bear Market

Pot companies surged in 2018. Many stocks doubled or tripled in value. By 2019, fortunes reversed, with nearly every marijuana producer falling by at least 50%. 2020 was supposed to be a rebound year. The coronavirus has the potential to upend that promise. The market correction has turned into a full-blown bear market, pushing down equity prices across the board,…

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Which Pot Stocks Can Double in Value in 2020?

Nearly every pot stock doubled in value in 2018. Some quintupled in value. Last year was a different story. In 2019, any company related to marijuana was hit hard. Cannabis ETFs finished the year down more than 50%. The pullback has laid the groundwork for another bull run in 2020. Many investors have been scared off, but these are exactly…

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Can Supreme Cannabis (TSX:FIRE) Stock Double Your Money?

Shares of Supreme Cannabis (TSX:FIRE) are trading at $0.91. The stock has lost 45% year to date and is down almost 50% in the last 12 months. Supreme Cannabis was publicly listed back on June 1, 2017, and closed trading at $1.22 that day. The stock reached a record high of $3.04 in January 2018 but has lost considerable value…

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Why The Green Organic Dutchman’s (TSX:TGOD) Stock Price Fell 40% in September

September has been a tough month for The Green Organic Dutchman (TSX:TGOD), as the stock nearly lost half its value. Let’s look at what might have caused this sharp drop in price. Aurora quit its partnership with TGOD TGOD suffered a major setback at the beginning of September when its long-time cornerstone investor Aurora Cannabis sold its remaining 10.5% position in…

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Aurora Cannabis (TSX:ACB): This Is Why You Don’t Want to Buy

Aurora Cannabis (TSX:ACB)(NYSE:ACB) has been a favourite of cannabis investors since 2016. Over the past three years, shares have increased in value by more than 3,000%. Now with a market cap of $12 billion, Aurora is a cannabis giant. If you think that shares will continue higher, however, be cautious. Here’s why now is not the time to buy stock…

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