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
Few industries present a growth potential as significant as that of the marijuana sector, but if there is one that does, it is the e-commerce industry. However, what happens when a company tries to combine both of these markets into one? That is precisely what Namaste Technologies (TSXV:N) — a Toronto-based tech company — is trying to do. While the…
Read More
Interest in cannabis stocks hasn’t waned, although the intensity has diminished post-legalization. The largest cannabis producer, Aurora Cannabis, is extremely popular to investors. However, the industry giant, along with other major players, is showing stress. Lesser-known stocks like Village Farms International (TSX:VFF)(NASDAQ:VFF) might be a better investment option if you want exposure in the promising cannabis industry. Although the company…
Read MoreDALLAS, June 14, 2019 — via OTC PR WIRE — North American Cannabis Holdings, Inc. (USOTC: USMJ) today announced plans to begin using the United States Postal Service (USPS). Source: Kaly USMJ To Ship CBD Products to Include PURA EVERx CBD Sports Water and KALY Hemp4mula Via USPS Kaly
Read More
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
Marijuana stock trading has made many millionaires during the past few years. Investors who’d jumped in this trade early made killings, as the companies benefited from global interest in this growing industry. But with winners, this space has also produced plenty of losers who got stuck when short-sellers pounced on weak marijuana companies. No doubt this industry has a lot…
Read More
The legalization rollout last year was an incredible opportunity for investors; it represented the culmination of over a year of growing demand and untapped growth potential and made many investors very, very happy. Turning towards the present time, much of that opportunity still exists, but with additional players and products in the market, finding those opportunities can be a challenge…
Read MoreDALLAS, June 13, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (“KALY”) and Nouveau (NOUV) (“NOUV”) today announced moving forward with a CBD extraction lab the two companies have had in the works now that Texas Governor Greg Abbott signed a new law Monday this week legalizing hemp and hemp-derived products. NOUV has 100…
Read More
The second quarter of 2019 has not been kind to marijuana stocks. After getting off to a great start in Q1, many weed stocks started tanking in March, with the Horizons Marijuana Life Science ETF having shed 15% of its value since then. Although some marijuana stocks have fared better than others in this period, the general trend is decidedly negative,…
Read MoreDALLAS, June 12, 2019 — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today confirmed plans to expand its CBD extraction. Source: Kaly KALY Targets Million In CBD Extraction This Year Kaly
Read More