Marijuana
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…
The Politics of Marijuana Stocks One thing about the marijuana industry and pot stocks is that their fortunes are very much tied to politics. While political developments can have a bearing on any industry, when it comes to marijuana stocks, politics can at times be the biggest factor. Legalization,…
This Low-Priced Pot Stock Deserves a Look Most people have never heard of Aleafia Health Inc (OTCMKTS:ALEAF, TSE:AH). But if you are a pot stock investor, this little-known company could represent a serious opportunity. Let me explain. Headquartered near Toronto, Ontario, Canada, Aleafia Health Inc is a vertically…
Looking for Pot Stocks? Read This I'm sure you've been witnessing the roller coaster ride that has been going on in the U.S. stock market. The outbreak of COVID-19 led to a massive sell-off across industries. But before you knew it, the market started to bounce back. And…
Marijuana Stocks Gain Amid Economic Downturn It's safe to say that 2020 hasn't been going like anyone would have expected. That's precisely why unforeseen events like the COVID-19 pandemic—often called Black Swan events—are so impactful: you simply can't account for them. What you can account for, however, is…
Three U.S. Pot Stocks With Excellent Momentum The U.S. cannabis sector experienced a lot of growing pains in 2019, but investors entered 2020 with a sense of optimism. Unfortunately, that rosy outlook was hobbled by the coronavirus (COVID-19). But, just like the broader market, the cannabis sector has…
A Pot Stock Seeing Massive Growth The Canadian Maritimes, which consists of New Brunswick, Nova Scotia, and Prince Edward Island, is not a very populous region. Combined, these three provinces have around 1.9 million residents, which is a tiny fraction of the country’s total population of 37.9 million.…
Marijuana Industry to Be on the Rise It doesn't look like the best-case scenario is panning out for marijuana stocks in the United States. Of all the Democratic Party presidential candidates, it appears that the least friendly toward pot legalization, Joe Biden, is going to be the party's…
These Cannabis Stocks Are Prepared for a Recession The coronavirus (COVID-19) pandemic has upended global stocks, with cash-strapped investors still trying to determine how the bear market will impact the global economy, how long a recession could last, and how their favorite cannabis stocks will fare. Two of…
Looking for Bargains in Pot Stocks? Check Out Valens GroWorks Corp With the latest stock market sell-off, a lot of pot stocks look dirt cheap. While the industry still faces uncertainty, some low-priced pot stocks could be opportunities for bargain hunters. Check out Valens GroWorks Corp (OTCMKTS:VLNCF, CVE:VLNS),…
Looking for Pot Stocks? Read This Unless you’ve been living under a rock, you’ve probably heard about the sell-off that’s going on in the U.S. stock market. With a massive tumble across industries, almost every ticker is deep in the doldrums. While shareholders don’t like market downturns, the…
Innovative Industrial Properties Inc Still a Top Pot Stock Cannabis stocks, like many other stocks, have cratered on coronavirus fears. The Dow Jones Industrial Average, S&P 500, and Nasdaq are all in bear-market territory. The ETFMG Alternative Harvest ETF (NYSEARCA:MJ), meanwhile, is down about 70% year-over-year and down…
Marijuana Stocks Look to Rebound The stock market is in shambles right now. On March 9, the S&P 500 triggered its circuit breaker, a mechanism that prevents trading for 15 minutes if certain thresholds are breached. That was after the index dropped seven points to start the day.…
Why This Pot Stock Deserves a Look If you want a piece of the action in the fast-growing cannabis industry, Cresco Labs Inc (OTCMKTS:CRLBF, CNSX:CL) stock deserves a serious look. Now, I know what you are thinking. Cresco stock is listed on the Canadian Securities Exchange and also…
Why This Pot Stock Is Dirt Cheap The economic impact of the coronavirus is still unknown, but the stock market is pricing in a worst-case scenario. This means opportunities, particularly with marijuana stocks. A top player like Curaleaf Holdings Inc (OTCMKTS:CURLF, CNSX:CURA) could stage a strong rally. Consider that…
From: Michael Lombardi, MBA