|Day Low/High||6.93 / 7.23|
|52 Wk Low/High||3.71 / 26.40|
More competition at lower prices will make it harder to be profitable.
One possible outcome: The party ends relatively soon for some of the more speculative names, while other high-multiple stocks remain strong until inflation and the Fed become issues.
There are much better places an investor can put their hard-earned cash, whether they want an aggressive or a moderate name.
As most cannabis company stocks have risen in valuation over the past six months, it's worth looking at those that haven't.
What's most important about this market is understanding which themes are driving the action.
The cannabis company is now putting its focus on premium products since the value side fell apart.
Tread carefully so you don't get hit with a dilutive offering well below the market.
Cannabis investors are keenly aware of the landscape and how it could play out for the industry.
Just as we saw with pot stocks, if you play shares strictly because they're going up, you're likely to get burnt.
Publicly traded cannabis companies are expected to take big write downs on assets, and here's why it matters.
Here's snapshot of the corporate earnings reports to be had next week: Tuesday, September 8: Calavo Growers ; Coupa Software ; Lululemon Athletica ; Slack . Wednesday, September 9: American Eagle ; G-III Apparel ; HD Supply ; Navistar . Thursday, Se...
This six-pack from investment specialists includes a REIT and a software provider specializing in the industry.
That doesn't mean we'll move straight up over the summer, but we'll get plenty of virus, China, stimulus, cannabis, and unemployment chatter.
But its investors may still feel burnt from the diluted shares; meanwhile, the new year could be when several cannabis stocks go to pot.
Morningstar Magazine offers insight into future growth potential for cannabis industry and stocks.
This group appears oversold and downgrades of the big cannabis names may trigger a "buy the bad news" reaction.
* I continue to trade opportunistically and unemotionally - with a calculator in one hand and a contrarian viewpoint on the other hand * The overnight +20 futures rise (China trade-related) has been reversed to a gain of only 3 handles by 6: 30 am *...
A market repricing...which are the 'true' growth stocks now?
After a 2018 high, marijuana stocks are gaining popularity again, but which ones are producing the most green for investors? Here are the charts.
Tilray will look to sustain a sanguine sentiment on cannabis stocks on Tuesday.
Aurora is trying to ride the momentum of Aphria's earnings report and jump in front of other potential strong reports.
Yesterday and most of last week I have been expanding my Canopy Growth long investment position (the stock is on my Best Ideas List). CGC (+6%) and the other pot stocks should thrive today after the Aurora Cannabis revised upward guidance (its share...
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.