Is HEXO (TSX:HEXO) Stock a Contrarian Buy?

The high-flying cannabis sector has hit some turbulence in the past six months and investors are wondering whether the pullback has simply gone too far. Volatility in marijuana stocks is not new and investors should expect that trend to continue as the sector works through the growing pains associated with the emergence of a new industry. Analysts and investors agree…

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Marijuana Stocks: Has Canopy Growth (TSX:WEED) Reached a Bottom?

The downward spiral that hit Canada’s marijuana sector continues unabated. Canopy Growth (TSX:WEED)(NYSE:CGC), the world’s largest cannabis producer, has lost more than 60% of its value since hitting a record high in April. The major question before investors after this massive correction is, are these beaten-down stocks close to reaching a bottom? Investors are selling marijuana stocks amid disappointing results, regulatory…

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Marijuana Investors: 1 Easy Way to Protect Yourself From Tanking Pot Stocks

It has not been a good few months for Canada’s top marijuana companies. Shares have tanked as investors have suddenly turned bearish on the sector. There are a few things that are conspiring against pot stocks to keep them down. Many analysts are saying a wave of oversupply is on the verge of hitting the market, which will drive down…

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Is Green Organic Dutchman (TSX:TGOD) Really the Best Pot Stock for 2020?

Green Organic Dutchman Holdings (TSX:TGOD) was once one of the hottest stocks on the market. After debuting in mid-2018, shares almost immediately doubled in value. Investors were attracted to the rapidly evolving cannabis market, with analysts expecting global market sales for marijuana to hit $100 billion within a decade. Some forecasts eventually called for $200 billion in global sales, up…

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2 Marijuana Companies That Are Looking Beyond Canada

Last year, legalization was all the rage in the marijuana industry. This year, international expansion seems to be the name of the game. With more and more jurisdictions opening their doors to legal cannabis, there are huge export markets up for grabs. And now, even smaller marijuana companies are getting in on the action. Historically, the large-cap licensed producers (LPs)…

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Canopy Growth Corp. (TSX:WEED): Is an Even Bigger Marijuana Stock Crash Coming?

Saying that marijuana stocks have struggled this year would be a huge understatement. Investor sentiment toward marijuana stocks has shifted dramatically from one of eternal bliss and optimism to one of increasing fear and skepticism. This is typical of bubbles. The question now is whether there is an even bigger marijuana share crash coming or whether pot stocks will pull…

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Marijuana Investors: Why Profitability May Be Far, Far Away for Canopy Growth (TSX:WEED)

Year one of legal cannabis is finally over. And pot investors are bidding it good riddance, with shares of most pot stocks shedding more than half of their value over the time frame. Foolish investors were warned, though, as I noted that the black market had the potential to derail expectations in the first year of legalization. Now that many…

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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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Aphria (TSX:APHA) Earnings Drives Cannabis Stocks Higher

Shares of leading cannabis company Aphria (TSX:APHA)(NYSE:APHA) gained over 15% yesterday after its fiscal first quarter of 2020 (ended in August) results were released. Aphria reported sales of $126.1 million with adjusted earnings per share (EPS) of $0.07. Analysts estimated the firm to post revenue of $132.2 million with EPS of -$0.02. Though Aphria revenue missed estimates, it crushed the…

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Did Regulators Let CannTrust (TSX:TRST) Get Off Too Easy?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) shrouded the cannabis industry in scandal after authorities found secret grow rooms and unauthorized inventory in CannTrust facilities. Illegal marijuana producers use similar tactics to distribute the product in the black market. The news brought the stock down from its 52-week high of $15.50 to the current price of $1.20. Legalizing an entire industry presents many challenges,…

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