Is it Finally Time to Buy Canopy Growth (TSX:WEED) Stock?

Marijuana stocks had a tough run in the first year of legal recreational cannabis sales in Canada. The industry initially struggled with supply shortages and distribution problems when the market launched in Q4 last year. This led to an investor exodus with many of the leading pot stocks tumbling 40-50% in a matter of weeks. Canopy Growth (TSX:WEED)(NYSE:CGC), for example,…

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2 Ways to Make a Profit Even as Weed Stocks Collapse

It’s been a rough year for weed stocks across the board. From the largest producer to the tiniest upstart, valuations have been slashed as investor sentiment shifted from irrational exuberance to outright pessimism. However, there’s always an opportunity to make a profit if you’re willing to think unconventionally.  Here are the two stocks that could survive and thrive in 2020,…

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Top Weed Stocks for 2020

It’s been a horrible year for legal marijuana stocks across the board. Collectively, the top three players have shed billions in market value and currently trading at less than half their price at the start of the year. Some smaller players are indeed on the verge of bankruptcy.  The outlook is dire and the industry is struggling to find its…

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Marijuana Stocks 101: The Good, the Bad, and the Ugly

What can be said about marijuana stocks that hasn’t been said already? Over the years, they’ve given investors some of the biggest gains and some of the heaviest losses of any asset class. Possibly the most volatile sector one can invest in, they make for a jittery ride. But over the very long term, most of the large TSX weed stocks…

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Better Buy: Lightspeed (TSX:LSPD) vs. Aurora Cannabis (TSX:ACB)

Cannabis stocks have become a go-to choice for Canadian investors seeking market-beating returns. With stocks like Aurora Cannabis (TSX:ACB)(NYSE:ACB) having risen over 1,000% since their IPOs, they’ve made many investors wealthy. However, as anyone who bought marijuana stocks this summer will tell you, they come with a downside: volatility. While it’s possible to make money in marijuana bull markets, you can…

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Why Holding Weed Stocks in Your RRSP Could Destroy Your Retirement

Marijuana stocks have been the TSX success story of the decade. At a time when Canadian stocks as a whole have delivered tepid returns, marijuana stocks have beaten the market by leaps and bounds, even when you account for their frequent downturns. There’s no denying that marijuana stocks can make you a lot of money when times are good. In…

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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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