Should You Pay $10 for HEXO (TSX:HEXO) Stock?

Investors who bought HEXO (TSX:HEXO) near the end of December have more than doubled their money. The broad-based rally in the cannabis sector to start 2019 has people wondering if they should take profits in their pot positions or add more of HEXO and other marijuana stocks to their portfolios. Let’s take a look at the current situation to see…

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Should You Buy Aurora Cannabis (TSX:ACB) Ahead of Earnings?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) has scheduled a call for May 15 to discuss its latest quarterly results. The company is likely going to post record revenues and show a significant year-over-year increase yet again. The big question, however, is whether investors would be better off buying today or waiting until after the results to purchase the stock. Let’s take a look…

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Where Will Canopy Growth (TSX:WEED) Be in 5 Years?

Canopy Growth (TSX:WEED)(NYSE:CGC) has so far been the best-performing large-cap cannabis stock of 2019. Rising 67% year to date, it has just slightly edged out Aurora Cannabis, which has risen 66%. Canopy’s strong growth this year has been driven by a solid Q3 earnings report, which saw EPS rise by 280% year over year. The solid growth was a much-needed…

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Don’t Waste Your Money on Weed Stocks: Here’s a Better Buy

Marijuana stocks are among the most popular and widely talked about equities on the TSX today. After a busy 2018 that saw significant M&A activity in the marijuana sector and the legalization of marijuana worldwide, weed stocks became the subject of significant media attention. Shortly after legalization hit, a massive bear market in weed stocks began with some companies, such…

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2 Pot Stocks I’d Buy Before Canopy Growth (TSX:WEED)

Canopy Growth Corp  (TSX:WEED)(NYSE:CGC) is definitely the hottest pot stock on the TSX these days. Up over 80% through the first four months of the year, the cannabis stock has found new life, especially after investors learned that it had reached a conditional deal with U.S.-based Acreage Holdings. However, at a market cap of $22 billion, I’m about skeptical as…

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Is Aphria Inc.’s (TSX:APHA) $1 Billion Sales Target Out of Reach?

The norm these days for cannabis companies is to shore up investor interest with outlandish promises. Aphria (TSX:APHA)(NYSE:APHA) is the latest to make such pronouncement. But are investors ready to take the company’s target of $1 billion sales seriously? No one wants to see their money go up in smoke anymore. Last year was a horrific year for Aphria. A…

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Cannabis Stocks: 3 Things to Know Before Buying

Recent market action has shown that at least some cannabis stocks may be taking a breather. And while past performance in certainly exceptional, we need to focus on what we can expect for future performance. Canopy Growth (TSX:WEED)(NYSE:CGC) stock is down 6% in the last month and Cronos Group (TSX:CRON)(NASDAQ:CRON) stock is down 21%. Let’s look at three things you…

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Up 378% This Year, How a Cannabis Producer Is Planning to Tap Into the $22 Billion Global CBD Market

Up until very recently, Village Farms International (TSX:VFF)(NASDAQ:VFF) was simply one of the largest and longest-operating vertically integrated greenhouse growers in North America, not to mention the only publicly traded greenhouse produce company in Canada. Yet thanks to the company’s recently announced joint venture (JV) project with Emerald Health Therapeutics, this small-ish company, which, in 2017, only generated US$158 million…

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Aurora Cannabis Inc (TSX:ACB) Is Raising $750 Million: Time to Buy the Stock?

Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) is one of the largest and fastest-growing cannabis companies in the world. With $54 million in revenue and 360% year-over-year net revenue growth last quarter, it’s second only to Canopy Growth Corp in size. For a brief period, Aurora actually managed to eclipse Canopy by revenue, bringing in $29 million in the quarter ended September 31,…

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3 Marijuana Stocks That Could Rapidly Increase Your TFSA Money

Over the past year, marijuana stocks have provided some of the best opportunities for quick gains on the TSX. Although these stocks have been extremely volatile, with steep upswings and downswings, it’s precisely these dramatic swings that provide the best opportunities for quick profits. Top marijuana stocks have beta coefficients as high as 4. With volatility like that, it’s very…

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