Did Regulators Let CannTrust (TSX:TRST) Get Off Too Easy?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) shrouded the cannabis industry in scandal after authorities found secret grow rooms and unauthorized inventory in CannTrust facilities. Illegal marijuana producers use similar tactics to distribute the product in the black market. The news brought the stock down from its 52-week high of $15.50 to the current price of $1.20. Legalizing an entire industry presents many challenges,…

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3 Reasons Canopy Growth (TSX:WEED) Stock Is Worth Buying

It isn’t easy taking a contrarian stance on an industry that’s been at the centre of the investment community’s attention for the past few years. However, I believe all investors should play devil’s advocate to seek out the best opportunities.  And Canada’s legal pot sector seems to be screaming out for advocacy at the moment. A wave of legal issues,…

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USMJ Reports 23% Revenue Growth To Over $1 Million With Nearly 10% Net Profit

North American Cannabis Holdings, Inc.

DALLAS, Oct. 15, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – North American Cannabis Holdings, Inc. (USOTC: USMJ) (“USMJ”) today announced reporting $1,059,471 in revenue for its fiscal year end June 30, 2019 compared to $858,175 for the previous year end. The revenue for USMJ increased 23% from 2018 to 2019. USMJ also reported $96,220 in net profit for…

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Aphria (TSX:APHA): A Lodestar Stock for Cannabis Newcomers

Outperforming. Turbulent. Oversold. Tumultuous. These are just a few of the words used recently to describe Aphria (TSX:APHA)(NYSE:APHA), one of the best-looking cannabis stocks in an increasingly embattled space. Investors favour it for its momentum and the fact that it’s on track for sustained profitability. After its quarterly earnings beat back in August, it was easy to see the bulls’…

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KALY – Kali-Extracts Reports Increased Interest In Patented Cannabis Extraction Process In Reaction To Cannabis 2.0

DALLAS, Oct. 15, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced recent interest from Canadian cannabis sector businesses in reaction to Cannabis 2.0. Later this week, on October 17, 2019, cannabis infused edibles, beverages, extracts and topicals become legal for sale in Canada. KALY owns and operates a…

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Two Cannabis Penny Stocks to Consider Buying

Some cannabis companies have already made a few lucky investors rich. For instance, Canopy Growth Corp (TSX:WEED)(NYSE:CGC) was worth just a couple of dollars in early 2016, but the firm’s shares are now worth about $35 (at writing). You aren’t likely to find such returns in many places on equity markets, or anywhere else for that matter. There are currently…

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The Top Value Stock in Cannabis

Investors who have wanted to get into the cannabis industry the last few years may not have had the chance due to the astronomical valuations. While some could argue the prices for these companies are justified because of the incredible growth potential, it is still tough paying billions of dollars for companies that barely have $100 million in revenue. There…

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Aurora Cannabis (TSX:ACB): Why You Should Buy the After-Earnings Dip

It is always a crucial time when one of the top cannabis companies releases its earnings report. Given the nascent nature of the industry, the performance of these firms gives us important clues as to how the market is evolving. Aurora Cannabis (TSX:ACB)(NYSE:ACB) is the latest top pot company to release its financial results. Let’s see how Aurora performed. Before…

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Better Buy: Lightspeed (TSX:LSPD) vs. Aurora Cannabis (TSX:ACB)

Cannabis stocks have become a go-to choice for Canadian investors seeking market-beating returns. With stocks like Aurora Cannabis (TSX:ACB)(NYSE:ACB) having risen over 1,000% since their IPOs, they’ve made many investors wealthy. However, as anyone who bought marijuana stocks this summer will tell you, they come with a downside: volatility. While it’s possible to make money in marijuana bull markets, you can…

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TFSA Investors: After Dropping Almost 50%, Is Canopy Growth (TSX:WEED) Stock Finally a Good Buy?

One year after legalization, Canopy Growth (TSX:WEED)(NYSE:CGC) still has got a lot of work to do to grow into its valuation and to secure its spot in the rapidly growing marijuana industry. The last year has not been good to cannabis stocks, as the bubble has finally burst, leaving shareholders reeling and potential investors spooked. Naturally, a 50% drop in share…

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