3 Ancillary Stocks to Invest in the Marijuana Craze

One number that keeps getting thrown around within the cannabis industry is US$200 billion. That figure represents what this industry could be worth globally in just a decade. Given that in 2018, there were US$10.9 billion in legal sales with the industry in its infancy, it appears that cannabis companies are well on this path to greatness. Yet right now…

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Why This Pot Stock Might Just Have the Best Business Model

When it comes to building strong, sustainable businesses, cannabis companies often don’t have terribly good track records. Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is a great example of a situation where sales growth alone is not enough for investors to ignore horrible losses. The company’s growth, which turned it into a $20 billion stock at one point, also led to its downfall. While…

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Buying This Weed Stock Could Be Like Buying Aurora (TSX:ACB) in 2016

When Aurora Cannabis (TSX:ACB)(NYSE:ACB) debuted, its price was $1.78. Weed upstart Supreme Cannabis (TSX:FIRE) is trading at $1.43 today, which is very close to Aurora’s price in October 2016. I can’t help but ask if FIRE will follow Aurora’s trajectory. The largest producer Aurora Cannabis, the cannabis company with the largest production capacity, has had a meteoric rise since its…

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Are Naysayers Right About Aphria (TSX:APHA)?

Aphria (TSX:APHA)(NYSE:APHA) is no stranger to controversies and negative publicity. Shares of the cannabis company started tumbling in early December because of alleged insiders’ mischief. A short-seller contends that Aphria is only a shell game with a marijuana business on the side. The charge was that the company bought its LATAM assets at inflated prices. After the Ontario Securities Commission found…

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Will There Ever Be Another Bull Market in Weed Stocks?

It’s been over a year since the summer 2018 cannabis bull market reached its peak, and most marijuana stocks are far cheaper than they were during that period. After a brief recovery in the first few months of this year, cannabis stocks started tanking in March; many are now trading near 52-week lows. Along with the generally lacklustre performance in…

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Why Aphria (TSX:APHA) Was the Best Marijuana Stock of the Summer

Over the summer, Aphria (TSX:APHA)(NYSE:APHA) has been one of the best-performing marijuana stocks, rising mightily while the rest of the weed sector sank. For the entire summer, APHA is itself down slightly but nowhere near as much as the industry as a whole, which slid about 23%. Aphria’s winning summer was a surprise to many people. Last year, the company was…

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Tilray (NASDAQ:TLRY): The Fall of a Weed Stock

Remember Tilray (NASDAQ:TLRY)? During last summer’s weed bubble, it was one of the most talked about marijuana producers. Rising 755% from its IPO price in just two months, TLRY gained more than any other weed stock in the same period. At the time, investors were positively euphoric about the company’s elite VC backing and access to U.S. distribution networks, both of…

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Here’s Why Aurora Cannabis (TSX:ACB) Stock Is a Bargain

Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock has dropped 32.6% over the past three months as of close on August 29. Cannabis stocks have been hit with turbulence since the middle of spring, and Aurora has not been spared. Sales have disappointed in 2019 as we approach the one-year anniversary of the legalization of recreational cannabis. Canada is set to move forward with…

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Canopy Growth (TSX:WEED) Stock: Should You Buy the Dip?

Cannabis stocks were riding high, as we moved into the spring of 2019. The glow had returned after a rough post-legalization dip for the sector. Broader market turbulence has historically had a strong impact on cannabis stocks, and the late 2018 correction was no different. Unfortunately, this momentum has not lasted. In the middle of spring, I’d warned investors that…

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Canopy Growth Corp (TSX:WEED) Is Going Downhill: Is it Time to Fold?

Canopy Growth Corp (TSX:WEED)(NYSE:CGC) is often touted as one of the best investments within the marijuana sector. The Ontario-based firm is one of the leaders in peak production capacity and is part of a select few that possess supply agreements with every Canadian province. Further, Canopy — which has managed to land a partner with deep pockets — leads all…

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