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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This Pot Stock Just Revealed 2 Major Announcements

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…

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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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This $400 Million Pot Stock Can Go to $2 Billion

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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Canopy (TSX:WEED) and Aurora (TSX:ACB): Two Industry Juggernauts With Very Different Strategies

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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Cronos Group (TSX:CRON) Stock: 1 Management Decision That Delays Growth in the U.S. Market

Cronos Group (TSX:CRON)(NASDAQ:CRON) finally reported its delayed fourth0quarter and full-year 2019 results on March 30. Much to investors’ disappointment, the company’s quarterly revenue growth in Canada was negative and massive inventory charges drowned spirits. There’s one more piece of information that could warrant a downward revision to the marijuana firm’s potential revenue growth rate. For a start, this was the…

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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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The Best Marijuana Stock to Own for the Next 50 Years

The past two years have been a roller coaster ride for marijuana investors. In 2018, cannabis stocks were regularly doubling in price. In 2019, they were regularly halving in the price. Despite the whirlwind, the pot industry still has a strong decade of growth ahead of it. Cowen Inc, the leading voice on cannabis stocks, thinks that the U.S. will…

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Should You Consider Aurora Cannabis (TSX:ACB) Stock at These Levels?

Though the leading pot stock Aurora Cannabis (TSX:ACB)(NYSE:ACB) showed some recovery recently, uncertainty might continue to weigh in. Its immense volatility might have worked in favour of the traders, but long-term investors have been brutally burned. The stock has lost more than 75% in the last 12 months. Aurora Cannabis’s poor Q2 show Aurora Cannabis yet again reported a loss…

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Canopy Growth’s (TSX:WEED) Latest 62% Revenue Growth Isn’t Repeatable

Canopy Growth (TSX:WEED)(NYSE:CGC) stock soared over 15% on Friday after the cannabis firm released a strong earnings report that revealed a 62% sequential net revenue growth to $124 million for its fiscal Q3 2019 ended in December 2019. Such high double-digit growth rates, especially on a sequential quarter-over-quarter basis, deserve a huge celebration and should naturally drive the stock price…

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