Marijuana
Aphria Stock Could Deliver Big Returns If you are a pot stock investor, you might have mixed feelings at the moment. The outlook for the industry is undoubtedly bright, but shares are often volatile. It doesn’t help that the market is very turbulent at the moment. Therefore, instead of…
Marijuana Stocks Rebound This year has been an unpredictable one for every company on the market, no matter what industry they operate in. COVID-19 has created perhaps the most unpredictable economy since the Great Depression. Marijuana stocks, due to their volatile nature as part of an emergent industry,…
TerrAscend Stock Soars, Analysts Still Bullish TerrAscend Corp (OTCMKTS:TRSSF, CNSX:TER) shares have been on a great run in 2020, climbing about 35% year-to-date and about 150% since the stock market sold off in March. Despite the big gains, TerrAscend still has lots of room to run higher. In…
Why HEXO Corp Could Be Special There’s no denying that the legal cannabis industry is firing on all cylinders. But when it comes to share price, pot stocks can still make big swings in both directions. Nowadays, one of the reasons why investors may have second thoughts about…
Planet 13 Holdings Poised for Massive Gains Planet 13 Holdings Inc (OTCMKTS:PLNHF, CNSX:PLTH) continues to be one of the best U.S. pot stocks out there. While PLNHF stock has rallied 315% since the broader market bottomed in March, Planet 13 stock could still double or even quadruple from…
A Pot Stock for Risk-Averse Investors? If you think pot stock investing is all about sunshine and rainbows, think again. While the industry is filled with fast-growing businesses, it also comes with substantial risk for investors. For instance, cannabis companies saw their stock prices take a massive hit…
GrowGeneration Corp Up 100% Year-Over-Year GrowGeneration Corp (NASDAQ:GRWG) is a marijuana stock that I've been bullish on for a long time now. And for good reason. The company has an aggressive acquisition strategy; it recently reported record revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA);…
U.S. Marijuana Legalization Possibilities I was hopeful earlier in 2020 (who wasn't?) that this would be the year we see major progress being made on federal U.S. marijuana legalization. A lot of that hope was predicated on the, at the time, crowded race for Democratic Party presidential nominee.…
This Low-Priced Pot Stock Could Deliver Big Returns When even the big blue-chip companies can see wild swings in their share prices, investing in an over-the-counter pot stock may seem like a risky move. But for those who want to chase the profits in the fast-growing cannabis industry,…
Marijuana Stocks Set to Rise Of course no one wants a second spike in coronavirus. That goes without saying. But there is a very real possibility that we could experience a second surge of the virus in the coming months as countries begin to reopen their economies (with…
Fire & Flower Holdings Corp Up 236% Since March Fire & Flower Holdings Corp (OTCMKTS:FFLWF, TSE:FAF) has been one of the best-performing pot stocks since the recent pandemic-fueled sell-off. Since March, FFLWF stock has soared about 236%. Yes, a rising tide lifts all boats, but Fire & Flower stock's strong…
Looking for Pot Stocks? Read This “With a growing business and a big catalyst on the way, Aphria stock remains one of the top names to consider in the pot industry in 2020.” That’s what I told readers of Profit Confidential about Aphria Inc (NASDAQ:APHA) earlier this year.…
Tech Stocks, Pot Stocks Soar During the economic crisis brought on by COVID-19, there has been plenty of concern to go around. Aside from the public health and employment crises simultaneously spawned by the virus, many investors fled the stock market in search of safe-haven investments. But here’s…
Green Thumb Industries Inc Up About 170% Since March Green Thumb Industries Inc (OTCMKTS:GTBIF, CNSX:GTII) has been one of the hottest U.S. cannabis stocks since the COVID-19-fueled sell-off in February and March. Since March 16, when GTBIF stock hit a low of $3.69, it has soared about 170%…
One Pot Stock to Think About Despite its growth potential, the legal cannabis industry is never short of skeptics. They often say that pot stocks would be the first ones to crash when there’s a market sell-off. And pot stocks did plunge when the stock market tumbled in…
This Pot Stock Deserves a Look The legal cannabis industry has grown tremendously over the past few years, and dozens of cannabis companies are now publicly traded. Picking the best pot stocks is no easy feat, as the industry is still at a nascent stage. Today, we are…
Pot Stocks to Drive Higher as Industry Recharges No sectors of the stock market were totally immune from the March selling capitulation, but the subsequent V-shaped rallies across the board have been impressive. Marijuana stocks have been especially strong, with the sector up about 50% from the March…
Marijuana Stock Volatility In a sector already renowned for its volatility, marijuana stocks didn't get a lot of favors from the COVID-19 pandemic and the ensuing economic collapse. Quite the opposite: many pot companies saw their share values plummet, followed by a strong rally post-March. But one pot stock…
Greenlane Holdings Inc Erases All COVID-19 Losses Greenlane Holdings Inc (NASDAQ:GNLN), a leading global cannabis accessories distributor, has been one of the more compelling pot stocks to watch during the COVID-19 economy. Greenlane Holdings stock is up 7.3% year-to-date while the S&P 500 is down five percent and…
From: Michael Lombardi, MBA