MCN examines the factors affecting the falling value of cannabis stocks and investigates whether investing in the industry is worth the risk in 2020. Investors who took the plunge on cannabis stocks in the early days of cannabis businesses’ floating on stock markets in 2016 and 2017 found the value of their shares increasing by the hundreds and thousands by…
This week, the cannabis news world was somewhat dominated by Canopy Growth Corp (NYSE: CGC).The Smiths Falls, Ontario-based company hosted a virtual investor meeting to discuss the COVID-19 impact and business strategies. It also tweaked its previously announced capital agreement with Acreage Holdings Inc. (OTC: ACRGF).The amended arrangement provides for up-front cash payment to Acreage shareholders and certain convertible security…
While most investors tend to only focus on the most popular three or four marijuana stocks by market cap, the cannabis industry is full of potential. This potential goes all the way from the top down in terms of market value. But, finding that value amidst so many pot stocks to watch can at times be challenging. With a careful…
Marijuana stocks have without a doubt had a tough time in the past six months. With the coronavirus fighting off positive market sentiment, it seems as though in the past few weeks, pot stocks have begun to fight back. During that time, we have seen a continual increase in leading marijuana stock prices. It seems as though cannabis stocks are…
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…