2 Cheap Stocks to Avoid Today

Contrarian investors often buy troubled stocks on the hopes that a strong recovery might be just around the corner. The strategy can certainly deliver big gains, especially when the companies have reliable revenue streams and generate adequate free cash flow to cover dividends. However, some cheap stocks are punished for a reason, and while short-term spikes on rumours or news…

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Where Will Aurora Cannabis (TSX:ACB) Be in 5 Years?

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is one of many weed stocks that fell from grace in mid-late 2019. After reaching a high of $13.26 in March, it began a steep, months long tumble, at one point falling as low as $7.78. In August, the stock has been on a minor upswing, having regained about 11% of its value since the start of…

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2 Tanking Weed Stocks to Sell in August

It’s a scorching-hot summer with record-high temperatures being recorded around the world. But don’t tell that to weed stock investors, who’ve been left out in the cold after a series of disappointing earnings reports and regulatory scandals. In the past two months, all major producers have seen their share prices fall, while marijuana stocks as a class are down about…

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CannTrust’s (TSX:TRST) Health Canada Scandal Is Making Weed Stocks Look Bad… Buy This IPO Instead

It’s been over two weeks, and the CannTrust  (TSX:TRST)(NYSE:CTST) scandal is still raging hot. After having a hold placed on cannabis inventory due to unlicensed production, the company filed a reply to Health Canada’s report of non-compliance. CannTrust is claiming that its production rooms were in compliance with grow site regulations, while admitting that they were not licensed when they…

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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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3 Reasons Aphria (TSX:APHA) Stock Rose 2.4% Last Week

Aphria (TSX:APHA)(NYSE:APHA) had a solid week last week, rising 2.4% while the TSX fell 0.1%. Although 2.4% is not a phenomenal gain, it handily beats the benchmark for the same period, showing that investors had positive sentiment toward Aphria shares in the week past. Aphria also edged out the marijuana sector as a whole: from Monday to Friday of last…

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1 Weed Stock Is Rapidly Taking Over the Marijuana Industry

When a cannabis company reports a strong cash position, investors in the sector are ecstatic. Green Organic Dutchman Holdings (TSX:TGOD) is seeing green, and this weed stock is rapidly taking over the marijuana industry. We’re finally hearing positive catalysts more than distressing ones. Industry players, including the giants, are building out the production facilities and waiting to become operational. Also,…

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Should You Invest in Breath of Life International’s Weed Stock IPO?

Over the years, Israel has played a leading role in the development of medical marijuana. THC–the psychoactive compound in marijuana–was first isolated by Israeli chemists in 1964 and later developed by Israeli companies for use in their own country. After achieving popularity as a cancer treatment in the 1990s, THC was officially approved for export by Israeli authorities. Now, Israel…

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A $10,000 Investment in Weed Stocks at the Beginning of 2019 Is Worth This Much Today

Marijuana stocks have historically been a volatile bunch. This year, that tendency shows no signs of going away, as shares continue fluctuating wildly day in and day out. To a certain extent, the volatility in the weed sector is to be expected. After all, marijuana companies were emerging growth startups just a few years ago, and they’re still young enough…

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Bitcoin vs. Weed Stocks: Which Is the Better Buy?

Bitcoin is going ballistic yet again. After a temporary reversal of this year’s BTC bull, the world’s largest crypto started rallying again yesterday, reaching as high as US$13,800. At current prices, Bitcoin is getting incredibly close to hitting its all-time high of US$20,000. In Canadian dollar terms, those figures are even more staggering, which goes to show how far crypto…

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