The selling of cannabis stocks has been excessive, but the market is clearly not anxious about adding risk at this time. The situation will improve for marijuana stocks; it’s simply a question of when. One of my favorite Canadian pot stocks is Canopy Growth Corp (NASDAQ:CGC). CGC stock has taken a significant beating, however. For investors who are looking for…
As the Congress votes on legalizing marijuana in the country this week, marijuana stocks could be in focus once again. After all, in recent years, marijuana has begun to see wider acceptance in a growing number of regions for medical or recreational use. As such, it is now an industry that has recorded $24 billion in sales last year. By…
Bullish Sign if Pot Stock Market’s Base Holds Heading into 2022, the major risks for investors were yields and interest rates. There was also some trepidation about geopolitical situations involving China and Russia. The stock market selling drove the Nasdaq and Russell 2000 into bear market territory while the S&P 500 and Dow Jones Industrial Average traded back and forth…
While the best way to ride the marijuana legalization wave may be through exchange-traded funds, for those interested in specific stock ideas, which marijuana stocks are analysts’ favorites? Today’s article sifts through the holdings of the six largest marijuana ETFs to identify them. For a list of these marijuana stocks and their respective upside potential, CLICK HERE.
Cannabis investors who bet that marijuana stocks would benefit from an increase in demand for cannabis products during the coronavirus lockdowns have largely been disappointed. As today’s article notes, even if demand for marijuana did rise with people stuck at home, “it hasn’t translated to gains for major cannabis producers.” Is more disappointment ahead from marijuana stocks? For more, CLICK…