Indeed, it can be tough to get behind Bitcoin and all the sort if you don’t have a stomach that’s made of steel. We’re in a boom now, but there’s no telling how long it will take for Bitcoin to regain its ground come the next drastic pullback, like the one endured in the back […]
The market has gorged on historically low interest rates, lack of supply, and surging demand that has only heightened over the past decade. The same loose monetary policies have led to familiar conditions in European housing markets like Germany and England. A return to “normalcy” on the interest rate front will pose a major challenge […]
Canadian cannabis stocks touched record highs soon after marijuana was legalized in Canada at the federal level. The cannabis market is expected to expand at a robust rate in the upcoming decade, and these growth rates should accelerate if marijuana is legalized at the federal level in the United States. One of the largest cannabis […]
The deal allows Aurora stock to invest and see Growery create a new facility, fund early operations, and operational help. The Netherlands is expected to be the largest federally regulated recreational market outside of Canada, and is a proof point that our medical market success in Europe is portable to recreational markets,” said Miguel Martin, chief executive officer of Aurora […]
Today, it may seem silly to ask whether Canopy Growth could outperform its peers this fall. However, the fact that Canopy Growth stock has moved so sharply to the downside is not good for investors thinking about this company’s near-term prospects. Canopy will be focusing on shoring up its recreational business, with new product launches […]
With the advent of low- to no-commission trading, the penalty for nibbling on just a few shares of a company has fallen drastically. That said, it could take some time before the big Canadian banks jump aboard to zero-commission bandwagon, because there’s still ample commission to be raked in on this side of the border. […]
Accordingly, expectations of federal legalization seemed like a no-brainer with the “blue wave” we saw take hold in U.S. Let’s discuss what this means for cannabis players like The Green Organic Dutchman right now. Indeed, this company was positioning itself as a player with the potential to have export capacity to serve the United States. […]
Canadian cannabis stocks continue to underperform the broader markets. It reported a net loss of $616.7 million or $1.85 per share which was significantly narrower than its loss of $1.3 billion, or $3.72 per share in the year-ago period. In Q4, Canopy Growth’s recreations sales were up 39% at $61.1 million while B2B sales soared […]
While cannabis producers pumped in millions of dollars to increase production capacity, the lower-than-expected rollout of retail stores in major Canadian provinces impacted consumer demand severely. However, as HEXO and peers were posting consistent losses, they had to keep raising equity capital, which diluted shareholder wealth. However, it has since burnt massive investor wealth to […]
Even though the growth momentum that caused the stock to reach new heights has run out, the crypto hasn’t crashed yet, and it’s hovering above US$50,000. But even if Bitcoin is winning in investor loyalty and stability, if we measure different cryptos by the mainstream “attention” they are getting, the “joke crypto” Dogecoin might have […]
However, the cannabis sector has also proven itself to be an area of focus for investors hoping for long-term growth. Here are two companies I think investors bullish on cannabis ought to consider in this space right now. These growth rates have exceeded my expectations of late, due to slower rollouts of government-run cannabis stores […]
Bitcoin, Ethereum, and Dogecoin get all the attention, but there are thousands of other cryptocurrencies, and no one can predict a clear winner. Instead of trying to find a winner, I believe investors should add exposure to a proxy for the entire market. These firms are most likely to benefit from the surge in valuations, […]
Interestingly, it was significantly higher than the market cap of most Canadian publicly listed companies, including TC Energy, Canadian Imperial Bank of Commerce, and BCE. While cryptocurrencies like Bitcoin and Ethereum could be a much better alternative to Dogecoin, their extreme volatility makes them unsuitable for small investors. Hut 8 mined about 2,798 Bitcoin in […]
A developer crafted Bitcoin after the global financial system collapsed in 2009 and governments started printing fiat currency. This was a perfect substitute as no bank will have control over the BTC trading, and it is the decentralized ledger that will keep the accounting of who owns how much. Although BTC protected your coins from […]
The industry is growing rapidly and making investors a lot of money. This makes it not only crucial to research and understand what you’re buying. Coinbase is an intriguing pick and one that’s gotten a lot of attention since it went public. There is a tonne of potential with cryptocurrency, as investors have seen over […]
Charlotte’s Web’s founders, the Stanley brothers, have garnered substantial international media and legislative attention over the past several years. The company has selected prime farmland to grow hemp with access to substantial additional farmland for future capacity. Charlotte’s Web leases a 135,000-square-foot industrial building located in Louisville, Colorado, which houses the company’s primary production and […]
So, even if you haven’t invested a penny into your TFSA, it means you can only put one solitary Bitcoin in your TFSA. I don’t blame you! Luckily, there are other ways to invest in Bitcoin and cryptocurrency that won’t cost thousands. It invests 100% into Bitcoin, using funds from investors to buy up Bitcoin, […]
They know the market well and understand that stocks will rise and fall depending on market conditions or the environment. When the stock market is doing better than expected, speculations are rife that a severe correction is next. Such a reaction is expected these days, given the selloff in March 2020 when the global pandemic […]
The crypto frenzy started in November 2020, and within months, Bitcoin and Dogecoin attained a market valuation of $1.28 trillion and $97 billion, respectively. In the old days, a majority of people trusted that gold and silver have value and hence exchanged it in return for goods/services. But in 2009, banks gave up gold and […]
According to Coinmarketcap.com, Ethereum is now worth US$392 billion compared to Bitcoin’s US$1 trillion. In this article, I’ll explore the gains that Ethereum has made on Bitcoin and whether they could continue. If both coins were to continue gaining at their current rates, Ethereum would eclipse Bitcoin’s market cap in under two years. So, ultimately, it’s […]