Cannabis stocks are facing a year in which they will finally have to put their money where their mouths are. Investors will need to see profitability from the full range of product types, and they will need to see it even before the retail environment is optimized. While there is some bullishness that a relaxing of the retail stranglehold on…
It’s truly incredible what a difference a year can make. Although the launch of dried flower in Canada didn’t go as smoothly as expected, the widely held belief, as of Jan. 2019, was that cannabis stocks would be pushing into the profit column by the end of the year, if not early 2020. However, the reality is that marijuana stocks…
A recent articlel by Anthony Varrell of technical420 reviews the 2019 vaping health crisis that put tremendous pressure on the entire sector, as well as companies believed to be well positioned to rebound. These include 1933 Industries (CSE: TGIF) (OTCQX: TGIFF), Aurora Cannabis (TSX: ACB) (NYSE: ACB) and Vext Science (CSE: VEXT) (OTCQX: VEXTF). “During the last few years, we…
Almost a decade after marijuana stocks started hitting the mainstream, the industry has been filled with many possibilities. With so many different areas of the cannabis industry, how can we even begin to predict the future? Well, for starters it seems as though some areas of marijuana stocks are growing with more propensity than others. This seems to be a…
Last year was supposed to be when marijuana stocks proved their worth to Wall Street by translating substantial sales growth into recurring profits. Unfortunately for these companies, and their investors, it didn’t work out as planned. Supply issues throughout Canada and high tax rates in a number of legalized U.S. states dumped fuel on the fire that’s allowed the black…
It’s pretty safe to say that last year did not go as planned for a majority of marijuana stock investors. The belief had been that cannabis stocks would push decisively into the green, led by skyrocketing dried cannabis sales in Canada, the subsequent launch of derivatives, and more legalizations in select U.S. states. But supply issues constrained legal product in…
There’s no denying that marijuana stock investors were thrilled to see 2019 come to a close. After beginning with epic first-quarter gains, which saw more than a dozen pot stocks rise by at least 70%, cannabis stocks have since been stuck in a nine-month freefall. What’s to blame? Look no further than supply issues in Canada that have kept product from reaching…
Pot stocks are on the rebound. Since the start of the year, many marijuana stocks are up by more than 10%. That’s not a huge bump, but it’s a welcome event following a disastrous 2019. Last year, the cannabis market at large was down by more than 50%. As with any emerging market, volatility should have been expected. Yet last…
The broker and its newly acquired affiliate GMP says Green Thumb Industries and Curaleaf Holdings are their favorite U.S. operators. READ MORE: https://finance.yahoo.com/m/1c7efa88-9401-3218-8bac-453862b646e2/cannabis-stocks-will-rebound.html?.tsrc=rss
Hexo Corp. and Aurora Cannabis Inc., shares lead weed stocks mostly lower Monday, adding to what is shaping up to be a third straight day of losses in 2020. READ MORE: https://finance.yahoo.com/m/d5e3ed17-9545-35f9-8f3b-67d01684e3e5/cannabis-stocks-led-lower-by.html?.tsrc=rss
It shouldn’t take very long for things to get interesting for marijuana stocks in 2020. There are plenty of potential catalysts that could be on the way, both in Canada and in the U.S. But I think that investors should especially keep their eyes on three marijuana stocks in January: Aphria (NYSE:APHA), Canopy Growth (NYSE:CGC), and Cresco Labs (OTC:CRLBF). There’s…
2019 was supposed to be a banner year for the cannabis industry. It turned to be anything but. The legal cannabis industry here in Canada kicked off the year with lofty expectations. It seemed that finally, policymakers had created a regulated environment that could see products compete with — and hopefully eliminate — the illicit market while ushering in an…