Pot stocks are a proven way to make money. In 2018, many skyrocketed in value by more than 1,000%. To be sure, cannabis is also a proven way to lose money. The marijuana bear market of 2019, for example, saw the industry lose half of its value in a matter of months. Long term, however, the biggest gains are still…
Read MoreSandusky, Ohio–(Newsfile Corp. – July 30, 2020) – PAO Group, Inc. (OTC Pink: PAOG) today announced the acquisition of RespRx from Kali-Extracts, Inc. (OTC Pink: KALY). Figure 1: RespRxTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6729/60840_1e8cf574f43778a3_001full.jpgRespRx is a treatment for Chronic Obstructive Pulmonary Disease (COPD) under development that is derived from a patented cannabis extraction method – U.S.…
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It once aspired to be “the Amazon of cannabis,” but e-commerce focused marijuana stock Namaste Technologies (TSXV:N) has taken on a manufacturing-based growth strategy that’s beginning to yield impressive results. The company has shaken off its drama-filled past. Operations have returned to strong sequential quarterly sales growth. Actually, the company reported record quarterly revenue in last week’s earnings release. Should…
Read MoreSandusky, Ohio–(Newsfile Corp. – July 28, 2020) – PAO Group, Inc. (OTC Pink: PAOG) today announced the acquisition of a cannabis cultivation operation from Puration, Inc. (OTC Pink: PURA). The acquisition is part of PAOG's overall medical cannabis revitalization strategy that includes the planned acquisition of a patented cannabis extraction operation from Kali-Extracts (OTC Pink: KALY) anticipated to close later…
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The cannabis sector has experienced a bumpy ride over the past year. Investors who were late to the party and invested money in 2019 are likely nursing significant losses. However, right now could be an opportune time to invest in cannabis stocks, given the negative sentiment in the sector. Let’s take a look at three top Canadian names in this…
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Molson Coors Canada Inc. (TSX:TPX.B)(NYSE:TAP) is one of the most popular brands in Canada. Its market cap exceeds $10 billion, giving it plenty of liquidity to pursue long-term growth opportunities. If you look closely, it’s clear that Molson is about to send shares of one pot stock soaring. It’s important to note that Molson hasn’t entered the marijuana industry directly.…
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Pot stock investors: watch this space. Cannabis stocks could get a second wind, as researchers investigate whether cannabis could be an effective treatment for COVID-19. Indeed, as the coronavirus market searches for solutions, cannabis could take centre stage. But is Aphria (TSX:APHA)(NASDAQ:APHA) the best stock to buy for this eventuality? Let’s discuss this compelling new thesis. Researchers are getting cannabinoid…
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As the Canadian cannabis space has begun to enter a new phase, it is interesting to look back at how we got here. An initial frantic arms race to accumulate as much production capacity as possible eventually gave way to the reality that demand would be a lot slower to migrate to the legal market than market participants had hoped.…
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Growth investors may be enticed to consider various cannabis stocks today on stock price alone. One must think that if a group of stocks loses the vast majority of their value in a short period, value is beneath the surface. I’m going to explain why I believe this is a dangerous perspective. Even the best cannabis stocks are in trouble…
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Canada has had its fair share of millionaire-maker stocks in the past. Some of these companies made people vast fortunes overnight. Two of these stocks, which still exist today, can only be found on the NASDAQ. However, these companies are still Canadian companies, both having their headquarters in the country. These two stocks are Lululemon Athletica (NASDAQ:LULU) and Tilray (NASDAQ:TLRY). Lululemon Athletica…
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