What Can Investors Expect From Canopy Growth’s (TSX:WEED) Q4 Results Tomorrow?

It’s that time of year already, and Canopy Growth (TSX:WEED)(NYSE:CGC) stock is set for a potentially turbulent week as the cannabis company gears up to release its fourth-quarter results tomorrow. It seems a good time to recap what analysts will be looking for in tomorrow’s report, which is sure to divide marijuana investors. First, however, let’s look back at last…

Read More

Canopy Growth (TSX:WEED) Sets Profit Goal for Its Canadian Operations

Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) has done a great job of growing its sales in recent quarters. However, recording a positive earnings result has proven to be much more elusive and difficult for the company. When it does post a positive net income figure, it’s usually the result of non-operational items that give the company a boost, which isn’t something investors…

Read More

Is it Too Late to Invest in Marijuana Stocks?

Over the past three years, marijuana has been the biggest success story on the TSX. With stocks like Canopy Growth (TSX:WEED)(NYSE:CGC) up thousands of percentage points since 2015, the marijuana sector has been leading the index in overall gains. If you’d invested $10,000 in Canopy Growth at its IPO and held, you could cash out for $200,000 today — and…

Read More

The U.S. Cannabis Market Will Send Canopy Growth (TSX:WEED) Stock Into the Stratosphere

Cannabis stocks have encountered choppy conditions in the spring, which should come as no surprise after a hot start to the year. The largest cannabis company in Canada by market cap is Canopy Growth (TSX:WEED)(NYSE:CGC). Shares of Canopy Growth had dropped 10.4% month over month as of close on June 12. The stock was still up 55.8% in 2019 so…

Read More

Why This Underdog Pot Stock Could Soar Past Canopy (TSX:WEED)

Strange things have been happening lately to a weed stock that was considered the most inferior in the cannabis industry. Aphria (TSX:APHA)(NYSE:APHA) sunk into the bottom rung recently. Investors nearly lost confidence in the company. However, the embattled cannabis producer is returning to the limelight. The way things are developing at present, Canopy Growth might be an erstwhile leader. Aphria seems…

Read More

4 Things to Watch as Canopy Growth (TSX:WEED) Reports Earnings Next Week

Cannabis giant Canopy Growth (TSX:WEED)(NYSE:CGC) is set to release its financial statements for financial year and fourth-quarter 2019 periods ended March 31, after market on June 20. Here’s what I think investors should pay close attention to while looking at the financial results. This will be the first set of corporate results issued under the new CFO Mike Lee, whom…

Read More

3 Cannabis Stocks That Could Benefit the Most from U.S. Legalization

Cannabis continues making progress in the U.S. as Illinois recently passed into law a bill that will see it become the 11th state to legalize marijuana for recreational use — and more states that are likely to do the same. Both New York and New Jersey have shown an interest in legalizing cannabis, although the only question is when. The…

Read More

Should You Buy Canopy Growth (TSX:WEED) Ahead of Earnings?

Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) is going to be releasing its quarterly earnings later this month. And with its share price struggling since May, investors might be tempted to buy the stock before it announces its year-end results. Let’s take a closer look at the company to see whether it’s a good idea to buy now. In its last earnings release…

Read More

You Won’t Believe How Much $10,000 Invested in Canopy Growth (TSX:WEED) in 2014 Is Worth Today

It’s no secret shares of Canopy Growth (TSX:WEED)(NYSE:CGC) have done well over the last five years. Everyone knows this. Canopy has been through a lot of changes over the last half-decade, working towards its stated goal of becoming Canada’s dominant pot company. And it has succeeded, building up everything from production to its own finished products — complete with slick…

Read More

The Best Stocks to Get Exposure to the Defensive Healthcare Sector

The health care sector in Canada does not get much attention. Understandably so, as it makes up a very small percent of the TSX, and there are not many large companies to choose from. So as Canadian investors, we have to get a little creative to meet our goal of exposure to the defensive healthcare sector. First, we can look…

Read More