Marijuana

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…

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…

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,…

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.…