The Only Cannabis Stock I’d Buy Today

If you were to say that Aphria Inc. (TSX:APHA)(NYSE:APHA) was going to be my top cannabis stock a year ago, I would have laughed. A year ago, the situation was very different for this top pot stock. The company was mired in controversy, with the word “acquisition” even being thrown around now and again. Today, however, with the COVID-19 pandemic striking all…

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Why This 1 Cannabis Stock Sticks Out Like a Sore Thumb

It was popular for a while to refer to the cannabis space as another dot-com bubble. There were definitely similarities: a new industry full of potential was getting investors exciting, driving up share prices until the bubble burst. Post-legalization, many of the great green hopes touted by early cannabis bulls were up in smoke, to use a tired idiom. But…

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3 Smoking-Hot Cannabis 2.0 Stocks That Could Grow Tenfold Over the Next Decade

The Canadian cannabis market shifted into a new gear with the launch of Cannabis 2.0 products in late 2019. Cannabis 2.0 products include edibles, extracts, and vaporizers. This segment of the cannabis market carries with it much higher profit margins than dried flower products do. Companies and investors are thus cautiously optimistic about a second green rush occurring. These three…

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Is Namaste Technologies’ Stock a Buy After Reporting Record Quarterly Revenue?

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…

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Should You Invest $1,000 in Cannabis Stocks Right Now?

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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Sell Warning: This One Stock Will Kill Your Portfolio

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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Is It Time to Buy a Cannabis Rebound?

It would be really nice to blame the current downward spiral within the cannabis industry on the pandemic, but that simply isn’t the case. Since legalization in October of 2018, the entire industry has gone down almost across the board. Companies that soared from penny stock status to even triple digits within two years have now levelled out. Today, it’s…

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Is Aphria (TSX:APHA) the Best Canadian Cannabis Stock?

Investors looking for the most secure cannabis investments for long-term upside have a few strong picks right now. Perhaps one of the strongest is Aphria (TSX:APHA)(NYSE:APHA). This name sports an appealing mix of qualities from a reassuring cash runway, upward momentum, and a strong recent performance. From its last quarterly report to its outlook, here’s what cannabis investors need to…

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Could Aurora Cannabis Stock Give Up Recent Price Gains Soon?

Most investors who bought Aurora Cannabis (TSX:ACB)(NYSE:ACB) common shares during the past year are still in the red, even after the recent 117% rally in Aurora Cannabis stock price over the past few trading sessions. The marijuana firm’s latest quarterly results have shown desired progress. Can we expect the positive momentum to hold for much longer, or the company is…

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Will Altria Buy Out Cronos (TSX:CRON) Stock?

Altria Group (NYSE:MO) is a giant company. Now valued at $70 billion, the tobacco behemoth has advantages that smaller competitors simply don’t possess. In today’s environment, Altria’s access to capital is most prized of all. There’s a chance the company could use its power to completely acquire its cannabis partner, Cronos Group Inc (TSX:CRON)(NASDAQ:CRON). In December of 2018, Altria and Cronos…

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