Namaste Technologies (TSXV:N) Stock Doubles in 3 Weeks! Is There Further Upside?

Online cannabis retailer Namaste Technologies’s (TSXV:N) stock price has apparently doubled in the first three weeks of 2020 after a strong 23% surge on Wednesday raised the year-to-date return to 106% at end of day. This all happened without any company-specific news on the day. This is a strong recovery since trade in the company’s shares touched a 52-week low…

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My Worst Investment Decision in 2019

Disbelief, outright denial, and a fear of booking losses too early can be costly mental biases as far as investment decision making is concerned, and resultant capital losses may prove more permanent than we desire. These mental states may have significantly influenced a hold decision on Canadian cannabis firm CannTrust Holdings (TSX:TRST)(NYSE:CTST) when everyone else was bailing out of the…

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Why Aurora Cannabis (TSX:ACB) Stock Fell 13.53% Last Friday

Aurora Cannabis (TSX:ACB)(NYSE:ACB) had an epic one-day loss last week, falling 13.53% from its Thursday closing price to its Friday closing price. The losses came after months of bad news for the cannabis industry, ranging from CannTrust’s Health Canada scandal to Canopy’s $1.23 billion loss. Aurora itself has not been the biggest disaster among cannabis companies; nevertheless, its stock has been among the biggest…

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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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Can CannTrust (TSX:TRST) Stock Double Your Money?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) could be one big cannabis name that blemished the industry reputation much more than any other due to its size, popularity, and the nature of its premeditated regulations violation, but the stock is a potentially rewarding contrarian buy for traders today, as shares could double. As I argued in an opinion piece earlier, the stage has been…

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Marijuana Investors: The CannTrust (TSX:TRST) Situation Just Got Much Worse

In the past year, CannTrust Holdings (TSX:TRST)(NYSE:TRST) has become the black sheep of the cannabis family. Thanks to a regulatory scandal that resulted in several holds on its product and revocation of its licence, the stock went into a death spiral in the markets. As of this writing, the stock is down 87% from its peak 2019 closing price and has…

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Why CannTrust (TSX:TRST) Stock Fell 35% in September

Several stocks in the cannabis sector have lost considerable market value in the last 12 months. Investor optimism drove cannabis shares towards record highs prior to marijuana legalization for recreational use in Canada. Soon after, investors started to sweat over the valuations of cannabis stocks, sending them spiraling downwards. But few stocks have burnt investor money as CannTrust (TSX:TRST)(NYSE:CTST) has…

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Why You’re Better off Buying Lottery Tickets Than Buying Shares of CannTrust (TSX:TRST)

In September, we learned that Health Canada was suspending CannTrust Holdings Inc‘s (TSX:TRST)(NYSE:CTST) licence to sell cannabis. The decision wasn’t a big surprise given all the scandals surrounding the company. Since that time, the stock has gone on to plummet even further in price, falling below $1.50 at writing. The $13 that the stock traded at earlier in the year…

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Health Canada Gave CannTrust (TSX:TRST) a Lifeline: Could the Stock Recover?

Troubled cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) is battling for survival after illegally growing cannabis in the latest scandal to rock the Canadian marijuana industry. Instead of a straight licence revocation for the violation, Health Canada partially suspended the company’s sales and processing licences, and there are hints for their potential reinstatement once the cause for suspension is no longer present.…

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Will CannTrust (TSX:TRST) Stock Fall Below $1?

Shares of Canada’s cannabis company, CannTrust (TSX:TRST)(NYSE:CTST) rose close to 2% yesterday. The stock is trading at $1.72 per share, which is a whopping 89% below its 52-week high of $15.5. CannTrust has burnt significant investor wealth due to regulatory concerns. The company was accused of producing cannabis in unlicensed facilities, which led to parallel investigations from two regulatory bodies.…

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