Why Canopy Growth Is Still the Best Pot Stock

Many times, one might later realize, size really does matter. In the case of Canada’s cannabis sector, Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) is the 800-pound gorilla in the room, which has helped stabilize the company’s valuation relative to its peers recently. Shares of Canopy are down significantly from their peak. However, Canopy shares haven’t decreased in the 80%-90% range like many…

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Aurora Cannabis (TSX:ACB) Stock Investors: Buy the Dip or Bail Out After Latest Asset Write-Downs?

Aurora Cannabis (TSX:ACB)(NYSE:ACB) announced a senior management change, a significant corporate restructuring exercise, and asset write-downs that could spark another wave of disappointment among marijuana investors, further weakening the company’s stock price before financial results get released on February 13. The pot producer’s founder and CEO has announced his immediate retirement, and the appointment of the company’s executive chairman as…

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Is MedMen Stock a Buy After Announcing a Change in Leadership?

It’s not often that you see a stock get a boost in value because its CEO leaves the company, but that’s what happened with MedMen Enterprises (CNSX:MMEN) stock. On Friday, the company announced that CEO and co-founder Adam Bierman would be stepping down and would no longer at the helm as of February 1. Shares of the struggling stock rose…

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This Pot Stock Is up About 40% in Just the Past Month: Is it Time to Buy?

Pot stocks have found some new life in recent weeks, as there’s been a lot more bullishness from investors surrounding the industry. Now that edibles are available, and a new segment of the market is open for business in Canada, there’s some renewed hope that cannabis stocks have reached a bottom and that it’s a safe time for investors to…

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The U.S. Market Could Send These Cannabis Stocks Soaring in 2020

Canada’s cannabis market is going crazy. A new report suggests that spending, which totaled $570 million in 2018, will grow by at least 40% per year, surpassing $5 billion by 2024. It’s not often that a multi-billion-dollar market appears practically overnight, but this is one of those rare opportunities. “Canada is the largest country in the world to legalize cannabis,…

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Could CannTrust Shares Double in Value?

CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) has gone through a lot of turmoil since July when we first learned of the company’s illegal growing operations. Since then, shares have fallen by more than 75% in value. However, with such a massive drop in price, there’s definitely room for a big recovery for CannTrust – if it can get its cannabis licence reinstated, which would…

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KALY – Kali Extracts CEO Explores Hemp Expansion Industry In North Carolina

DALLAS, Oct. 25, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced CEO Frederick Ferri met with Butterball’s Jim Maxwell and North Carolina 7th District Congressman David Rouzer to discuss the expansion of the hemp industry in North Carolina. Utilizing KALY’s U.S. Patented Cannabis Extraction Process, KALY has signed…

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Forget Canopy Growth (TSX:WEED): Why This Pot Stock Could Triple in Value!

Canopy Growth (TSX:WEED)(NYSE:CGC) has been on a rough ride this year, falling more than 45% in six months and falling to below $30 a share. While it’s likely attracted the attention of investors thinking that it could be a good buy, whether that’s the case is questionable. Let’s not forget that this is the company that is still looking for…

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This $45 Billion Company Is the Next Key Player in Marijuana

Was it wise for the leader in the Canadian convenience store industry to make a strategic investment in a small-cap cannabis stock? Couche-Tard (TSX:ATD.A)(TSX:ATD.B) is the latest prominent business entity to join the green rush. The company invested $26 million in Fire & Flower to gain a 9.9% ownership interest. Brian Hannasch, president and CEO of Couche-Tard, was forthright when…

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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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