Marijuana

Pot Stocks Expected to Surge During Market Recovery One thing investors have to keep in mind when considering the future of marijuana stocks is that these stocks are still in an emergent industry. While pot stocks are unique in a variety of ways, they still more or less…

Looking for the Best Pot Stocks? Read This One of the arguments that marijuana stock bears often make is that, because expectations are already sky-high for the industry, it’s nearly impossible for companies to meet them. But that’s not always the case. Sure, the legal cannabis industry has…

Positive Signs Building for Marijuana Industry & Pot Stocks The marijuana industry has been anything but predictable in 2021. We’ve seen rapid shifts in momentum due to mergers, legalization efforts (and roadblocks), COVID-19 lockdowns, COVID-19 vaccine rollouts, and more. In other words, it’s been a lot. But the…

Marijuana Stocks as Long-Term Investments Once again, there’s uncertainty in the market. With the COVID-19 Delta variant beginning to frighten investors, we’re seeing some renewed panic in the market. But what does that concern mean for marijuana stocks? Well, if we look to the past, this could potentially…

IIPR Stock Surges Upward—But Is There Room Left to Grow? For years now, I’ve been locked in on the seemingly boundless opportunities in the U.S. marijuana market. But there’s one security I’m particularly keen on: Innovative Industrial Properties Inc (NYSE:IIPR). Innovative Industrial Properties stock has had enormous potential…

Looking for Value in the Pot Segment? Check Out SMG Stock In today’s market, there are likely way more trend followers than contrarian investors. It’s human nature: when a stock is soaring, people want to get in on the action, even if things are already going parabolic and…

Flags of Canada and USA folded together close up Are U.S. Pot Stocks or Canadian Pot Stocks Right for You? There’s a bit of a false dichotomy in the marijuana industry between U.S. pot stocks and Canadian pot stocks. It’s false in the sense that both varieties of…

Outlook Bullish for Hydrofarm Stock The stock market is busy trying to figure out where it wants to go. Or rather, it's looking for some sort of motivation to soar. The major indices may be at record levels, but for the most part, they've been trading sideways for…

Marijuana Stocks Face Uncertain Future There are few things that investors dislike more than uncertainty. While volatility can lead to massive surges upward, it can just as easily lead to crippling losses. As such, buy-and-hold strategies that aim to maximize returns tend to seek out securities in industries…

Little-Known Pot Stock Providing Big Returns “If you believe in the future of the cannabis industry, this under-the-radar pot stock could be one of the best opportunities on the market.” That’s what I told Profit Confidential readers about Jushi Holdings Inc (CNSX:JUSH, OTCMKTS:JUSHF) in September 2020. In that…

Thanks to Industry Growth & New Markets, U.S. Cannabis Sales Expected to Soar Thanks to the increasing adoption of marijuana legalization and the growth of the pot industry, U.S. cannabis sales are projected to top $30.0 billion in 2022. And that number will only grow over the coming…

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…

Tilray Stock & Curaleaf Stock Both Look Strong, But Which Is Stronger? In 2021, we’ve seen the number of top marijuana stocks increase, not decrease. That’s because, as the legal marijuana industry grows, we’re seeing more and more opportunities for companies to take advantage of opening markets and…

TLRY Stock & CGC Stock Battle It Out for Top Spot in Marijuana Sector For a long, long time, Canopy Growth Corp (NYSE:CGC) was the unimpeachable head of the marijuana industry. Whether you used market cap, notoriety, or production capacity as your metric, Canopy Growth stock was hard…

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…