Will These Pot Stocks Make Big Gains Next Year? 2020 has been a wild year for marijuana stocks to say the least. With Covid, a stimulus package, and environmental issues striking the U.S. economy, it’s hard to predict where the future will be for the cannabis industry. But, some studies have shown that the cannabis industry could be worth as much as $100…
Aurora Cannabis and marijuana stocks fell, even as the Canadian pot company sees fiscal Q1 sales at the high end of its target range. READ MORE: https://finance.yahoo.com/m/1c3af50b-ba16-3572-b122-695a66f4632b/aurora-cannabis-forecasts.html?.tsrc=rss
Noah Hamman, AdvisorShares CEO, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss what’s moving the markets following Friday’s opening bell. READ MORE: https://finance.yahoo.com/video/why-marijuana-stocks-long-term-143800290.html?.tsrc=rss
The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth, which remains strong despite the pandemic-spurred economic downturn. Marijuana stocks, as…
Will These Pot Stocks Thrive on November 3rd? November 3rd will without a doubt be a big day for marijuana stocks. While the presidential election will be a big determinant of the future of the cannabis industry, statewide votes will also be consequential. While many big name marijuana stocks like Canopy Growth Corp. (CGC Stock Report), Aurora Cannabis Inc. (ACB Stock Report)…
The unprecedented uncertainty created by the coronavirus disease 2019 (COVID-19) pandemic tanked the broad-based S&P 500 during the first quarter. Whereas bear market declines of at least 30% have historically occurred over 11 months, the S&P 500 shed 34% of its value in roughly one month. If you’re looking to put your money to work in well-known businesses, I suggest…
The stock market’s meltdown continued Wednesday morning, with the S&P 500 falling close to 3%. As of midday trading, Aphria shares shed 3.5%, and Charlotte’s Web was down 5% — but Aurora Cannabis shares recovered to only a 2.6% loss, which is actually a somewhat smaller-than-average loss relative to the market as a whole. This is surprising because, of the…
For the second day running, marijuana stocks are in a funk. Shares of cannabis industry giant Canopy Growth Corporation (NYSE: CGC) fell 6% on Monday, while smaller Aurora Cannabis (NYSE: ACB) slipped 6% and Tilray (NASDAQ: TLRY) tumbled 13%. Personally, I blame Joe Biden for this — and Donald Trump, too. READ MORE: https://finance.yahoo.com/m/92f30943-a22e-3df4-8892-ba3997bb1803/why-aurora-cannabis%2C-canopy.html?.tsrc=rss
These two pot companies seem to have what it takes, but nothing is guaranteed in the marijuana business. READ MORE: https://finance.yahoo.com/m/61155792-3bb7-374e-99e0-6b30b3fe9304/2-cannabis-stocks-that-could.html?.tsrc=rss
There’s a lot of excitement in the cannabis industry about what a possible election win by Joe Biden might mean for pot stocks. Under President Trump, there hasn’t been any significant movement on marijuana legalization. READ MORE: https://finance.yahoo.com/m/512629f5-f438-3ef3-a123-e97eaeaf673a/these-2-pot-stocks-face-a.html?.tsrc=rss
These companies are terrible places for millennial investors to be putting their hard-earned money to work. READ MORE: https://finance.yahoo.com/m/260f632a-70c0-3a5f-902f-d9252f1a5b75/3-stocks-robinhood-investors.html?.tsrc=rss
Cannabis stock investors were clearly fired up on Wednesday, bidding up the shares of Canadian players Canopy Growth (NYSE: CGC), Tilray (NASDAQ: TLRY), and Aurora Cannabis (NYSE: ACB). Canopy Growth was the champ of the trio, advancing by 3.2% on the day, while both Tilray and Aurora rose by just under 3%. The likely catalyst was the latest official figures…