If you a growth investor who wants to earn some fantastic long-term returns, cannabis is an industry you shouldn’t overlook. It’s still important to buy shares of companies that have been able to balance growth while maintaining strong bottom lines — this minimizes the risk of future share dilution. Its presence has grown significantly over […]
These negative media mentions come at the same time when two competing marijuana legalization bills are making their way through the U.S. The more strident the criticism gets, the more likely the president will ultimately decide he will not sign a bill legalizing marijuana. …Read the full story
Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. The patchwork, state-by-state legalization of marijuana in the U.S. People don’t consider their local marijuana dispensary owner to be anything like the guy hauling kilos […]
Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. Carnival announced it was selling up to $500 million worth of stock, which it mostly intends to use to repurchase shares trading in the U.K., […]
Like Bennett, Zuanic thinks that Tilray stands above the rest of its rivals in the Canadian cannabis market. For example, Canadian Imperial Bank of Commerce analyst John Zamparo thinks that Tilray has little upside this year. …Read the full story
that’s picking up steam at an extraordinary pace, which could very well allow marijuana to be one of the fastest-growing industries of the 2020s. According to national pollster Gallup, an all-time record 68% of respondents wanted to see cannabis legalized nationally in its 2020 survey. However, whether you can buy cannabis products or not depends […]
Then China began cracking down on cryptocurrency mining, resulting in crypto prices plummeting even further. Cryptocurrencies are also volatile, simply because they’re highly speculative and many investors are still on the fence about them. Although this most recent crash can be intimidating, the good news is that this is nothing new for cryptocurrencies. While past […]
The company also now owns Sweetwater Brewing, a craft-beer maker with a focus on the cannabis lifestyle that Aphria acquired in late 2020. It remains to be seen how soon federal cannabis reform will be enacted in the U.S., but the odds of it happening are arguably better than they’ve ever been. To put that […]
On Friday, the Nasdaq looked on pace to close a strong week on a quiet note, with the index hovering near the unchanged level as of 1 p.m. We’re almost halfway through 2021, and investors are trying to get a read on how the second half of the year will go. Bed Bath & Beyond […]
The stock market continued to ride its positive momentum on Friday, closing an extremely strong week for Wall Street. Revenue nearly doubled year over year to $12.3 billion, representing a 21% gain from the same period two years ago, before the pandemic. Given the success it has had with online and other direct sales channels, […]
In fact, if you stand on the 13th step of the Colorado state capitol building in Denver, you are exactly one mile above sea level . Denver is one of the country’s oldest legal marijuana markets, and it’s also the most recent city in which vertically integrated cannabis company Columbia Care might hit a jackpot. […]
Charlotte’s Web focuses solely on cannabidiol products such as topical creams, nutritional supplements, and bath, pet, and beauty products, all of which are intended for wellness rather than recreational purposes. In the first quarter, 69.9% of its revenue came from its direct-to-consumer operations, which are growing slightly faster than its business-to-business traffic. But management hasn’t […]
Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. When a single tweet from Elon Musk can send the value of either cryptocurrency swinging violently, there’s too much uncertainty and risk involved. What’s attracted […]
Cannabis sales have been on the rise ever since marijuana was deemed an “essential item” during pandemic-related lockdowns. The other is an unconventional cannabis stock that has no direct involvement with cannabis, but is taking advantage of the marijuana boom. But after its recent acquisition of Arizona-based Harvest Health & Recreation, the company has plans to […]
pot market right now and have more than doubled in value over the past year, soundly outperforming the Horizons Marijuana Life Sciences ETF, which is up just 38% over the same period. Trulieve is branching out of Florida where it has dominated and it still has a lot to prove outside of its home market. […]
With two-thirds of Americans in favor of legalizing cannabis and a slew of states passing cannabis legalization bills since the November elections, federal action on cannabis de-regulation seems possible, though not assured, in the near future. Yet if those excessive burdens were to go away, these companies could become very strong consumer discretionary stocks with […]
Some investors recognize Ethereum’s broader utility, and because of this, they believe it has more long-term upside than bitcoin. How do you change something when no one’s in charge? For bitcoin, developers make a Bitcoin Improvement Proposal , and these are “voted” on during the mining process. Occasionally this happens and creates what’s called a […]
Oftentimes, you can make a lot more money over the long run by finding stocks that aren’t as widely followed. In the first quarter of 2020, Ayr generated revenue of $58.4 million, up 74% year over year. Ayr now has a major presence in Florida’s medical cannabis market thanks to its acquisition of Liberty Health […]
This comes amid growing concerns about inflation, and yet, Ron Gross, to borrow from Taylor Swift, investors are shaking off those inflation fears. But the question is, will all that stimulus money that was pumped into the economy plus the fed’s quantitative easing programs lead to more sustained inflation? Supply chain problems, labor shortage have […]
Dogecoin is the cryptocurrency that never ceases to amaze. Dogecoin’s price has increased by over 6,000% since the start of this year, in comparison with Bitcoin’s rise of 37%. But it’s an extremely overcrowded space, and I’d be hesitant to invest in anything that is only a form of payment. We don’t yet know how […]