Almost as soon as marijuana got the green light in Canada, investors were looking toward “ cannabis 2.0 ” — edibles, concentrates, topicals, beverages. Bank of America analysts Christopher Carey and Lisa … READ MORE: https://finance.yahoo.com/news/why-cannabis-stocks-beyond-flower-151946918.html?.tsrc=rss
Pot stocks are highly subject to market fluctuations caused by world events. Because of this, anytime a big news story breaks, it could have either a positive or negative effect on which marijuana stocks to buy. Currently, the outbreak of the Coronavirus in several new countries has resulted in world markets tumbling by significant amounts. While this may be only…
Since investing in marijuana stocks became mainstream a few years ago, the biggest companies in the industry have received the majority of the attention. News outlets and investor resources have continued to cite the same companies as the basis for industry growth. Despite this, the potential for mid and small-cap pot stocks remains undeniably high. Although the list of the…
It can be difficult to find good buys in the cannabis industry, especially since a lot of the focus is on industry leaders Aurora Cannabis (NYSE:ACB) and Canopy Growth (NYSE:CGC). That means investors may overlook other, smaller stocks that may not get as much attention but that offer good value. Below are three stocks in that category that could be good buys this year…
Over the long run, the cannabis industry could provide a smorgasbord of growth for investors. Having already tripled global sales between 2014 and 2018, Wall Street has weighed in and expects worldwide weed sales to catapult by another 400% to 1,800% by 2030. The wide margin in Wall Street’s forecast reflects the uncertainties associated with launching a high-growth yet still-nascent…
Cowen analyst Vivien Azer downgraded Tilray and Aurora Cannabis to Market Perform from Outperform. She also downgraded Sundial Growers to Market Perform. READ MORE: https://finance.yahoo.com/m/8ec71149-d16b-3b5d-9b63-40a724d2406d/marijuana-stocks-are-plunging.html?.tsrc=rss
Cowen downgraded Aurora Cannabis Inc. , Tilray Inc. and Sundial Growers Inc. to market perform from outperform on Monday, and said it’s increasingly cautious on the outlook for cannabis in Canada. Analyst Vivien Azer said the headwinds that have rocked the sector from pricing to too few stores to inventory do not appear to be easing and Cannabis 2.0, the…
Here’s why cannabis stocks may have bottomed out. Gain exposure through these two leading pot companies or a marijuana-themed ETF. READ MORE: https://finance.yahoo.com/m/32dac68a-9f2e-3365-b78b-849680cceb2e/cannabis-stocks-appear-ready.html?.tsrc=rss
It has been a brutal year for cannabis investors. Heading into 2020, cannabis investors are now weighing whether to cut their losses or buy the dip in a bet on a rebound ahead. Alan Brochstein, author of the 420 Investor and founding partner of New Cannabis Ventures, recently discussed his outlook for cannabis stocks on Benzinga’s daily PreMarket Prep podcast. While leading cannabis stocks…
A strong week for cannabis closed with surprising quarterly results from Canopy Growth Corporation (NYSE: CGC ) (TSX: WEED) Friday, with fiscal third-quarter net revenue of CA$123.8 million ($93.5 million), … READ MORE: https://finance.yahoo.com/news/week-cannabis-stocks-finally-back-171828125.html?.tsrc=rss
Should investors buy Canopy Growth stock after its strong earnings, or is it still too early to tell if marijuana stocks are ready for a comeback? READ MORE: https://finance.yahoo.com/m/d99df9a9-0fbd-3014-8b25-dad3fd570d39/ibd-live:-canopy-growth-jumps.html?.tsrc=rss
Canopy Growth, Canada’s most valuable pot company, topped fiscal Q3 views .Friday. Canopy Growth led a rally in marijuana stocks. READ MORE: https://finance.yahoo.com/m/89e043be-1d47-3c98-b9ae-c114d19d1c41/canopy-growth-earnings-better.html?.tsrc=rss