When you think of the stock market, the last thing you probably think of is cannabis and marijuana. However, you would be mistaken to discount this booming industry, the marijuana industry is expected to triple in the next five years. As states and entire countries decriminalize or legalize cannabis and/or its components, there are loads of opportunities for entrepreneurs and…
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…
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…
August was a dismal month for most marijuana stocks. More than half a dozen pot stocks with market caps greater than $200 million plunged 20% or more during the last month. Several others fell by double-digit percentages. But there were a few exceptions to the August carnage. Three marijuana stocks performed really well last month: 22nd Century Group (NYSEMKT:XXII), Aphria…
Hi there, Fools. I’m back to call your attention to three attractive mid-cap stocks — or, as I like to call them, my top “sweet-spot” stocks. As a quick refresher, I do this because mid-cap companies — those with a market cap of between $2 billion and $10 billion — have two key features: More upside potential than large “blue-chip” companies;…
CORAL GABLES, FL / ACCESSWIRE / November 7,2018 / Medical cannabis and recreational marijuana have been put in a very bright spotlight on Wednesday. The US midterm elections have brought new states online for medical, recreational, and decriminalization of marijuana. Michigan became the 10th state to legalize recreational pot sales to adults and the first to do so in the Midwest. Missouri and Utah approved medical…
Aurora Cannabis (ACB) announced it has made a big move into the U.S. market via its acquisition of Reliva, LLC, one of the major players in America.The company said the at close the deal will be “immediately accretive to shareholders on an adjusted EBITDA basis.”In this article we’ll look at some of the strengths the two companies will complement each…
The share price of Aurora Cannabis (ACB) has been exploding since the company released its surprisingly positive earnings. The report showed the company generating much more revenue than expected, while revealing the numbers associated with cutting costs and expenditures.Investors need to be very cautious now that it has run up so high, as there is no doubt when it starts…
The economic fallout from the coronavirus crisis will be massive. With the U.S. already sliding into a recession, experts say it may take years for Americans to recover financially. With the economy in such a state, would it be wise to invest? Wouldn’t it be better to hold onto those funds and see how things play out? Well, it depends…
Cannabis short sellers got off to a hot start in 2020 after netting nearly $1 billion in profits in 2019. However, cannabis stocks have caught fire in recent weeks, and short sellers’ 2020 profits are not up in smoke.S3 Partners analyst Ihor Dusaniwsky said Monday’s big rally in cannabis stocks generated a $123 million loss for short sellers and brough…