Marijuana Stocks: Has Canopy Growth (TSX:WEED) Reached a Bottom?

The downward spiral that hit Canada’s marijuana sector continues unabated. Canopy Growth (TSX:WEED)(NYSE:CGC), the world’s largest cannabis producer, has lost more than 60% of its value since hitting a record high in April. The major question before investors after this massive correction is, are these beaten-down stocks close to reaching a bottom? Investors are selling marijuana stocks amid disappointing results, regulatory…

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Cannabis Stock Alert: Can Hexo (TSX:HEXO) Get Back to $5?

Cannabis stocks are getting crushed. If you’ve been waiting to jump in, this could be your best opportunity. Most analysts expect the global cannabis market to exceed $100 billion in sales by 2030. Some believe it could ultimately be worth more than $200 billion. If that’s true, the recent downturn could be a once-in-a-lifetime chance to scoop up stocks that…

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Did HEXO (TSX:HEXO) Actually Sell its Cannabis Stock at $0.56?

A quick browse of HEXO’s (TSX:HEXO)(NYSE:HEXO) fiscal fourth-quarter 2019 financial results, as summarized in an earnings release on October 29, could raise some goosebumps for cannabis stock investors, especially when they get to the number $0.56 — shown as a realized net realized price on one revenue line during the last quarter. The company’s operational results were as follows: Source:…

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Cannabis Investors: Aphria’s (TSX:APHA) Latest Licence Win Opens Up New Growth Opportunities

News on Monday revealed that marijuana producer Aphria (TSX:APHA)(NYSE:APHA) has finally obtained its long-awaited grow licences from Health Canada at its biggest facility in a development that allows the firm to double its annual production capacity to 255,000 kilograms of pot next year. The stock price didn’t respond positively to the announcement. The share price actually declined during the day.…

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Better Cannabis Buy: Cronos (TSX:CRON) vs. Tilray (NASDAQ:TLRY)

Cannabis investors continue to experience a steep decline in the value of their investments. However, several cannabis stocks are trading close to their 52-week lows and might gain in market value as we head into 2020. Here, we look at two stocks that have corrected significantly in the last year. The stocks are Cronos (TSX:CRON)(NASDAQ:CRON) and Tilray (NASDAQ:TLRY). Cronos went…

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Will Aurora Cannabis’s (TSX:ACB) Vape Products Send the Stock Higher?

Last month, “Cannabis 2.0” was all the rage, as investors anticipated the legalization of new cannabis products like edibles and beverages. Although cannabis was legalized federally last year, many categories of products weren’t approved for sale until October 17 — exactly one year from the date cannabis was legalized. Cannabis producers are reacting to the new approvals in various ways.…

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Has Aurora (TSX:ACB) Finally Passed Canopy Growth (TSX:WEED) as the Cannabis Industry Leader?

For many cannabis investors, the goal is to own the industry leader, as it is sure to reward you with great profits down the road. The cannabis industry is one that’s finding its feet slowly, but when it’s established, it has the chance to bring great profits to participating companies, especially to those that lead the industry. Since day one,…

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Better Cannabis Buy: Green Organic Dutchman (TSX:TGOD) vs. OrganiGram (TSX:OGI)

Cannabis stocks continue to remain volatile, as we head into the last two months of 2019. Investors and analysts were upbeat about the strong demand for cannabis products after marijuana was legalized for recreational use last October. Further, the Cannabis 2.0 was supposed to drive stocks to their previous highs, if not more. Instead, it seems like analysts have grossly…

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1 Oversold Cannabis Stock With Great Upside Potential!

In trading on October 16, 2019, shares of Aurora Cannabis (TSX:ACB)(NYSE:ACB) entered oversold territory, which would be a strong indication that a short-term investment in this giant of the industry could be a good decision. In a changing market, go with a global leader A very wise financial master once said, “Be fearful when others are greedy, and be greedy…

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Why Now Could Be a Great Time to Load Up on Cannabis Stocks

Cannabis stocks are getting hit hard. Many of last year’s biggest winners are now down 50% or more. If you’ve been waiting to load up on pot stocks, this might be your best chance. That’s because over the past year, the market has matured quickly. We now have a much clearer idea about which companies are set to succeed and…

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