The #1 Cannabis Stock to AVOID!
Aurora Cannabis (ACB) shares are down 93% in the last 12 months. Bargain hunters might think this is a great time to buy low. However, despite the big decline, I see more losses ahead for Aurora.
2 Reasons Cannabis Industry is Thriving During the Quarantine
The cannabis industry is thriving during the quarantine. Not only did the industry earn an essential designation, allowing it to continue operating during the quarantine, cannabis sales are spiking to a new all-time high as consumers stock up and blaze away the stress of a global pandemic.
Coronavirus Hits Cannabis Stocks – Buy, Sell or Hold?
This should be a pivotal week for the broader stock market and the cannabis sector. Global stocks are coming off a tough week – battered by the impact of coronavirus. The S&P 500 had its worst week since the financial crisis, falling 12% in five days.
Cannabis Stocks off to Hot Start in 2020
After struggling in the second half of 2020, cannabis stocks are off to a hot start in 2020. For example Canopy Growth Corp (WEED, CGC) is up 25% in 2020 and up 65% from the 52-week low in late November.
Cannabis Sector Down 56% from 52-Week High: Here’s the Plan
We saw a flurry of earnings reports from leading cannabis companies this week and unfortunately the results fell short of expectations. That drove shares and the entire sector lower – hitting a new 52-week low. Today I will share what happened and what to expect.
4 Charts that Tell me Canopy Will Rally At Least 50% in 3 Months
Canopy is down 60% from the 52-week high and shareholders are feeling the pain. However, I see four bullish signals on the chart that tells me shares are overdue for a big rebound.
Israeli Weed Stock Begins Trading in Canada and US
I see a hot new cannabis stock IPO that weed stock investors need to know about. Israel is considered the cannabis research capital of the world. Israeli scientists began studying cannabis back in the 1960’s. In 1973 Israel become one of the first countries in the world to legalize medical cannabis. Israel reformed its medical cannabis industry in 2016 and today – the industry is seeing record demand.
Weed Stocks Down 21% in 2019: Rebound in the 4th Quarter?
Weed stocks had a tough third quarter, falling into one of the longest and deepest bear markets ever. However, despite the weakness, I am expecting a rebound in the fourth quarter with a string of good news set to hit the industry.
Cannabis Sector down 50% from 52-Week High – Don’t Panic
The cannabis sector continues to struggle in a bear market after Canopy Growth Corp (WEED, CGC), the largest cannabis company in the world, reported disappointing second quarter results after the bell yesterday. Today I am going to provide a sector update and share my outlook for the next few weeks.
Cannabis Sector up 12% in 2019 – What’s Next?
Cannabis stocks got off to a blazing start to 2019 – trading deep into the green early in the year. But the sector has been weak for the last few months, falling into a bear market. Today I am going to provide an update on what has been going on and what to expect in the second half of the year.