Is Canopy Growth (TSX:WEED) Stock a Buy After New CEO Appointment?

Marijuana leader Canopy Growth (TSX:WEED)(NYSE:CGC) stock rallied over 11% on Monday after the company finally announced new CEO David Klein as the preferred replacement for ousted co-founder Bruce Linton and the stepping down of interim leader and co-founder Mark Zekulin later this month. The new CEO will assume the reins on January 14 of 2020. Canopy has clearly decided to…

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KALY – Kali-Extracts Confirms Scheduled Update on Capital Infusion Plan at $50 Million Valuation

Kali Extracts

DALLAS, Dec. 9, 2019 /PRNewswire/ — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (usotc:KALY) (“KALY”) today confirmed plans to publish an update tomorrow on Tuesday, December 10, 2019 to present capital infusion plans for the company’s cannabis extract biopharmaceutical business valued at $50 million. ALYI is proceeding with a capital infusion plan to accelerate the growth of its cannabis biopharmaceutical technology.…

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This Cannabis Stock Is Building Something Truly Special

The cannabis opportunity is unlike any other. Multi-billion-dollar markets rarely appear virtually overnight. Both novice and veteran investors alike have the chance to get rich. Just don’t assume that every cannabis stock will put you on the road to riches. Think back to the dot-com bubble of the 1990s. There were literally hundreds of internet stocks to invest in. Two…

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Why Canopy Growth (TSX:WEED) Stock Could Soar to $40 Real Soon!

Last November, Canopy Growth (TSX:WEED)(NYSE:CGC) stock traded at $45 per share. In a couple of months, it soared about 44% to $65 per share. The growth stock can experience a similar kind of soaring action this time, too. As of writing, WEED stock trades at about $26.20 per share, and it wouldn’t be far-fetched to see it soar to the…

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PURA – Puration Prospects Rise With Cannabis Legalization 2.0

Puration, Inc.

DALLAS, Oct. 09, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) today revealed the recent increase in inquiries it is receiving from cannabis businesses in Canada preparing for Cannabis Legalization 2.0. Canada legalized recreational marijuana in October of 2018. This month, in October 2019, Canada is set for the second wave of legalization – “Cannabis…

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Why CannTrust (TSX:TRST) Stock Fell 35% in September

Several stocks in the cannabis sector have lost considerable market value in the last 12 months. Investor optimism drove cannabis shares towards record highs prior to marijuana legalization for recreational use in Canada. Soon after, investors started to sweat over the valuations of cannabis stocks, sending them spiraling downwards. But few stocks have burnt investor money as CannTrust (TSX:TRST)(NYSE:CTST) has…

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Investors: Is the Time Ripe to Bet on Cannabis Once Again?

Several cannabis stocks have created significant investor wealth over the years. Stocks such as Aurora Cannabis, Canopy Growth, Hexo, and Aphria have generated staggering returns over the years. Cannabis stocks gained tremendous value just before legalization in October 2018. While ACB rose 90% between December 2017 and October 2018, Canopy was up 97% between December 2017 and September 2018. Hexo…

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PURA – Puration Begins Pre-Marketing CBD Infused Beer Coffee and Tea

Puration, Inc.

DALLAS, Sept. 09, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) (”PURA”) today announced the company has launched a pre-marketing campaign of its new CBD Infused beer, coffee and tea beverages. PURA recently implemented program to introduce CBD infused versions of existing third-party beverages. The company has announced plans to introduce a CBD infused beer…

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Is it a Good Time to Buy This Cannabis Stock Valued at $1 Billion?

Shares of leading cannabis company Charlotte’s Web Holdings (TSXV:CWEB) are trading at $22.78 per share. The stock was publicly listed in September 2018. It rose from $14.45 in September last year to $33.77 in April 2019. CWEB is trading 116% above its 52-week low and 33% below its 52-week high. Charlotte’s Web is a market leader in the production and…

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2 Cannabis Stocks to Buy and Hold for Decades

Cannabis stocks went gangbusters last year. If you were invested in many of the stocks that doubled or tripled in value, congratulations. This year, however, pot stocks haven’t performed as well, with some of them down 20% to 60%. Despite the volatility, one thing is certain: the cannabis industry will continue to grow over the next decade and beyond. According…

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