Marijuana Stocks
Don’t Overlook MRMD Stock While we wait to see if the Joe Biden administration will deliver on federal decriminalization of recreational marijuana, Connecticut recently became the 19th state to legalize the drug. State legislatures have been jumping on the marijuana express because millions of dollars of extra tax…
Second Half of 2021 Looks Bullish for High Tide Stock High Tide Inc (NASDAQ:HITI) has quietly been one of the best-performing pot stocks over the long term. But, as the following list shows, over the near term, HITI stock leaves a little to be desired: +343% year-over-year+136% year-to-date-15%…
Will This Under-the-Radar Pot Stock Enter the Big League? To North American investors, the most well-known pot stocks come from either the U.S. or Canada. After all, Canada legalized recreational cannabis nationwide in October 2018, while the evolving regulatory environment in the U.S. has led to plenty of…
Curaleaf Stock Remains My Top Marijuana Stock In the battle for pot stock supremacy, there are a few names that get bandied about with regularity—you’ve no doubt seen many of them grace my columns in the past. And today, we’re coming back to an old favorite of mine:…
CGC Stock’s Future Looks Bright One of the best stocks I’ve written about in my entire career is Canopy Growth Corp (NYSE:CGC). When I first wrote about Canopy Growth stock back in late 2016, it was trading around $8.00 per share. Within three years, it had risen by…
A Hidden Gem for Pot Stock Investors If you’ve been following the cannabis industry, you’d know that, for many marijuana stocks, 2021 has been somewhat of a roller-coaster ride. Due to the meme stock frenzy in January and early February, many pot stocks shot through the roof. But…
Potential for Marijuana Stock Gains Around the Globe There’s a simple fact that I mention pretty regularly in Profit Confidential: marijuana stocks will not reach their true potential without federal U.S. marijuana legalization. The largest economy on Earth has millions of willing consumers chomping at the bit to…
Business man with stock chart business concept. Cresco Labs Stock Has High Potential & Volatility Does Cresco Labs Inc (CNSX:CL, OTCMKTS:CRLBF) have what it takes to reach $1.0 billion in revenue in 2021? And will that be enough to send the relatively small upstart into the upper echelon…
cbdMD Stock Is a Pot Stock That Pets Would Love One commonality among governments around the world is their search for tax revenues. In the U.S., state governments are realizing the massive tax potential from the legal sale of marijuana. Governments are beginning to register the millions of…
The question I'm delving into today is: is TCNNF stock likely to be the next top dog in the marijuana industry? As the marijuana market—particularly the U.S. marijuana market—continues to mature, there's going to be a wealth of opportunities for marijuana stocks to emerge from relative obscurity to…
CGC Stock Remains a Top Pot Stock Because Canopy Growth Corp (NYSE:CGC) is one of the most prominent names in the Canadian cannabis industry, investors may find it too obvious to be exciting. After all, Canopy Growth was the first pot producer to be listed on the New…
Planet 13 Stock Poised to Break Out in Back Half of 2021 Planet 13 Holdings Inc (CNSX:PLTH, OTCMKTS:PLNHF) was one of the better-performing U.S. pot stocks of 2020, rising 178% that year. Planet 13 stock also finished the year up 698% from its March 2020 lows. While PLNHF stock…
Is This the Best Shot for U.S. Pot Legalization in the Near Future? I've written a lot about U.S. marijuana legalization over the past few years. After all, federal U.S. pot legalization would almost certainly be the single biggest driver of marijuana stock growth in the entirety of…
A Fast Grower in a Fast-Growing Industry The No. 1 reason investors like pot stocks is their growth potential. In other words, in order for cannabis operators to maintain their appeal to investors, they need to show the ability to expand. But because cannabis is a highly regulated…
The Current U.S. Marijuana Legal Situation Cannot Last Much Longer One thing I’ve been examining for years while reporting on marijuana stocks is the growing absurdity of the legal situation in the U.S. Every time the calendar turns, we see more and more states legalize pot in the…
GrowGeneration Stock's Outlook Is Bullish on Expanding Legalization GrowGeneration Corp (NASDAQ:GRWG) was one of the biggest winners in the U.S. cannabis space in 2020. During the turbulent year, GRWG stock exploded by 869% and ended the year trading at $40.22. That momentum carried into 2021, with GrowGeneration stock…
This Pot Stock Could be an Opportunity “Buy the dip” is a strategy that's a lot easier said than done, especially when it comes to volatile sectors like marijuana. What often happens is that when a pot stock is soaring, people rush to buy shares due to their…
Tremendous Opportunity With This Mid-Cap Pot Stock Marijuana stocks have undergone a major pullback since "Reddit" traders drove up the sector in spectacular fashion in February. But while the spike in the marijuana stock market was incredible to watch, there was no basis for the buying, other than…
Meme Stocks & the Marijuana Sector One thing never gets old in this business: being way ahead of the top analysts at the big banks and investment firms. While these people make a lot of money for their prognostications, just as often as not, they’re well behind the…
Marijuana Companies Shouldn't Let Their Feet Off the Gas The marijuana market is maturing. That may seem obvious, but we often forget what that entails. With market maturation comes a change in focus, with some pot companies focusing on profits instead of growth. That’s a common evolution that…
