This Pot Stock Could Go From $400 Million to $4 Billion

Hexo Corp (TSX:HEXO)(NYSE:HEXO) isn’t a big pot stock. It’s worth only $400 million. Many of its competitors are worth several billion dollars. But if you’re looking for big upside, this is the stock for you. It all comes down to strategy. From the start, Hexo took a unique route. The rest of the industry followed a traditional path. This is…

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This Canadian Pot Stock Is Preparing for Exponential Growth

The pot market continues to grow year after year, at least in terms of consumer demand. Canaccord Genuity Group Inc thinks that Canada’s cannabis industry will hit $3.2 billion in sales this year, up from $1.5 billion in 2019. That’s a jump of more than 100%. The U.S. market is also growing rapidly. According to Grand View Research, the legal…

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This $520-Million Pot Stock Is Now Too Cheap to Ignore

Demand for legal pot continues to climb to new heights. Investment bank Cowen Inc has raised its 2030 sales forecast from $75 billion to $80 billion, only to bump it again to $85 billion last November. Globally, several analysts are now expecting sales to peak above $200 billion. If adjacent markets are any indication, even these rosy estimates could prove…

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This Pot Stock Has the Most Upside in 2020!

Pot stocks are primed for another rebound. After a difficult 2019, several indicators suggest a major bull market could appear in 2020. If you’ve been waiting to invest in cannabis, now may be your best chance. The market has learned a few critical lessons over the last few months. These lessons should help guide your investment dollars. Two lessons we…

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This Is My Top Pot Stock for 2020

Cowen Inc, an independent investment bank, has needed to repeatedly raise its long-term forecast for legalized cannabis sales. In 2016, it thought the market would grow from $6 billion to $50 billion by 2026. “Cannabis prohibition has been in place for over 80 years. years, but the tides are clearly turning,” a Cowen report read at the time. “Potential product applications…

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E-Cigarette Statistics Show Why Cannabis Stocks Are Just Getting Started

E-cigarettes are currently roiled in controversy, albeit sales growth remains positive. Looking back, it’s amazing how quickly this industry emerged. In 2013, the global vaping market was worth just $4 billion. This year, it’s expected to approach $20 billion, which represents 500% growth in just six years. By 2023, Euromonitor International expects the market size to surpass $45 billion. Given…

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