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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Big Tobacco Is Betting $2 Billion on This Pot Stock

Altria Group (NYSE:MO) is one of the largest tobacco producers in the world. Its size is truly remarkable. Last quarter, despite the onset of the COVID-19 pandemic, the company generated more than $5 billion in sales. It also produced a quarterly profit of nearly $2 billion, up 38% year over year. Those profits help service an 8.6% dividend. If you…

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Investing for the First Time? Buy Stocks Like This

While bear markets can be scary, they’re also ideal if you’re investing for the first time. If you’re willing to buy-and-hold for the long term, it’s almost always a good time to jump in when markets dip. Just look at previous downturns. Markets rarely retest their former lows. But buying stocks during a bear market isn’t a recipe for success.…

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Why the Cronos Group Stock Price Fell 18.3% in February

The Cronos Group Inc. (TSX:CRON)(NASDAQ:CRON) stock price fell 18.3% in February. The market continues to fall and company-specific uncertainty remains high. This is making any prediction for the Cronos Group stock price very uncertain and precarious. Fears of the potential severity of the coronavirus have ruled the market since February. This certainly continues today. As I write this article, I…

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Top Pot Stocks for the Next Generation of Cannabis Products

It’s time for a new chapter in pot investing. In 2018, cannabis stocks soared as the market rushed to take advantage. Last year, the tides turned, as valuations came down from nosebleed levels. In 2020, the story will evolve again, even if few investors are prepared. The biggest shift will be a newfound appreciation for novel cannabis form factors. In…

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How to Make Money From Massive Volatility in the Cannabis Sector in 2020

Talking about volatility in investing is often a one-sided conversation. In other words, most people expect a stock to go up or down, but typically in one direction. With the Canadian cannabis industry, any investor who has seen a stock chart of the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) will know that volatility on both ends of the spectrum has…

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How to Make $100K Next Year by Investing Now in Hexo (TSX:HEXO) Stock

Cannabis stocks went gangbusters last year. It was possible to turn $10,000 into $100,000 in a matter of months. This year, the story changed completely. Since the summer, most cannabis stocks have fallen by at least 50%. Some have lost 90% of their value. While the pain has been difficult, it should have been expected. Every emerging market opportunity goes…

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Cannabis Beginners: 2 Pot Stocks for New Investors

Pot stocks were the best way to get rich in 2018. Nearly every cannabis company saw their share price increase by leaps and bounds. Doubling and tripling in value were commonplace. This year, the tables were turned. Many marijuana stocks have lost more than 50% in value. But don’t be scared: if you’ve been waiting to invest in cannabis, there…

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Young Investors: How to Make $500,000 With Only $20 Per Week

Want to make $500,000? All you need is $20 per week. This sounds like an impossible feat, but the math is easy. The hard part is a secret ingredient that only young investors have: time. While most investors fret over which investments they should own, young investors should fear not taking advantage of their time — not just in living…

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Can Supreme Cannabis (TSX:FIRE) Stock Double Your Money?

Shares of Supreme Cannabis (TSX:FIRE) are trading at $0.91. The stock has lost 45% year to date and is down almost 50% in the last 12 months. Supreme Cannabis was publicly listed back on June 1, 2017, and closed trading at $1.22 that day. The stock reached a record high of $3.04 in January 2018 but has lost considerable value…

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