Cannabis Investors: A Boom Is Coming

It’s official. The cannabis bubble has definitely burst. Across the board even the biggest cannabis stocks have come crashing down. Even before the pandemic, these stocks were in trouble. Now that COVID-19 is still sweeping the world, these cannabis stocks have an incredibly long road ahead. However, there are a few signs of life out there that investors should look…

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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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Why the Canopy Growth (WEED) Stock Price Fell 15.5% in February

Marijuana stocks certainly have enough problems these days without adding coronavirus fears to the mix. Canopy Growth (TSX:WEED)(NYSE:CGC) is down almost 40% since January 2019. While it remains a leader in the cannabis industry, times are tough. Canopy Growth has felt the sting of a troubled legalization process in Canada and an oversupply of cannabis. Add to this a general…

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ACB (TSX:ACB) Stock: Should You Buy Aurora Cannabis Shares After the Latest News?

The share price of Aurora Cannabis (TSX:ACB)(NYSE:ACB) was halted on February 6 ahead of pending news from the company that came out later that day. After markets closed, the marijuana producer announced significant changes in the C-Suite, launching a major restructuring designed to right the ship and get the business on the path to profitability. CEO Terry Booth is leaving…

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Which Marijuana Stock Offers the Best Opportunity to Buy Now?

At the start of 2020, buying marijuana stocks is one of the most challenging trades for growth investors. After a spectacular boom-and-bust cycle of 2019, there is too much uncertainty in the air about the world’s best marijuana stocks. After riding on the pot legalization wave in Canada, many producers are struggling to show that they can make this business…

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Is Cronos (TSX:CRON) Stock a Solid Long-Term Bet?

Cannabis investors have lost a significant portion of their investment since the last quarter of 2018. Investors were rightly concerned over the high valuation metrics of pot stocks, and this started the bear run for marijuana companies. Further, the revenue estimates for most cannabis companies seemed to have been overstated, as most analysts failed to consider the impact of Canada’s…

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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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Cannabis Investors: Read This to Avoid a Major Industry Risk

Debt is going to be a big issue for the cannabis industry, especially if it takes even longer to mature and evolve than we are expecting now. The industry will inevitably become naturally integrated into the economy and society and grow to be mature industry, but the longer that takes to happen, the more vulnerable cannabis companies with high debt…

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KALY – Kali-Extracts Announces Reaching $1 Million In Sales

Kali Extracts

DALLAS, Nov. 29, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced that it anticipates reaching $1 million in revenue by year end 2019 with the contribution of its first hemp extraction contracts being realized in the fourth quarter of 2019. Earlier this week, the company published a financial…

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Top Cannabis Stocks for December

Cannabis stocks have had a tough year. Since the summer, most marijuana ETFs have been cut in half. Yet the long-term promise remains clear. Many analysts expect global sales to hit $100 billion by 2030, representing 1,000% growth. If you want to invest in cannabis stocks, it pays to have a multi-year vision. Still, short-term market gyrations can make some…

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