US Cannabis Stocks

US Cannabis Stocks

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Is Joe Biden Good for US Weed Stocks?

Joe Biden spooked the cannabis market last week. He called cannabis a gateway drug and said he needs to see more research before legalizing. Biden has walked those comments back – however – his comments left a lot of investors asking –
Is Joe Biden good for bad for weed stocks?

Is Liz Warren Good for US Weed Stocks?

Elizabeth Warren would be great for the US weed industry, she is one of the most pro cannabis politicians in the US. The senator from Massachusetts currently boasts an ‘A’ record from the National Organization for the Reform of Marijuana Laws (NORML).

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.

2020 Presidential Election A Profit Trigger for Weed Stocks

The 2020 US presidential election is a profit trigger for US cannabis stocks. The democrat candidates are showing big support for legalization. I expect that to generate al lot of interest in US cannabis stocks, and that could easily trigger a big rally in the sector.

My #1 Weed Stock for 2020

Cannabis is set to go legal in Illinois on January 1, 2020. Analysts are predicting Illinois will grow into one of the largest cannabis markets in the US, with annual sales between $1.5 billion and $2 billion. Today I am going to reveal a promising young cannabis company that is ready to cash in on Illinois going legal.

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.

Canopy Down 50% from 52-Week High – Buy, Sell or Hold?

Cannabis stocks are stuck in a bear market, down about 50% from the 52-week high. Here’s the good news – bear markets have historically triggered huge rallies and I see four short-term catalysts.

Canopy Jumps 14% in 4 Days – New Rally or Head Fake?

The cannabis sector has been stuck in a bear market for the last few months. But now – the sector is flashing some early signs that the sell off could be over and the sector is ready for a rebound and new rally.

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.

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