|Day Low/High||34.34 / 39.10|
|52 Wk Low/High||9.00 / 36.15|
Canopy Growth's latest financial results offer a reality check.
Canopy's earnings losses could just be a stepping stone to becoming the industry leader.
I just wrote a piece for Real Money covering fourth-quarter earnings for Canopy Growth , the name most analysts refer to as the top cannabis play in Canada. As you have likely seen by now, the company's operational loss for the quarter printed ugly...
The cannabis company's performance as outlined in its year-end report should not inspire investor confidence.
While the cannabis company's stock is sliding on its year-end report, at least one analyst sees a long-term buying opportunity.
There are challenges the world and the markets face; be mindful of them, but do not fear… ever.
There's no doubt in my mind that we will see increased rules, on strength of weed, come out, over time: Source: Washington Post I plan to reestablish my long in pot stocks ( , etc.) when the increased regulation is placed on the front burner and the...
If cannabis is descheduled, it is likely it will become federally regulated -- and convenience stores are preparing their case for selling it like tobacco products.
* I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
Let's visit with the charts and indicators to see how things are shaping up today.
Besides revisiting the first two companies, we also look at trade setups for Canopy Growth and Nike.
CGC has the best chance to transition to broader success should the U.S. ever go the route of legalization beyond the state level.
The company has spent a lot of time and money trying to meet the supply needs of the recreational cannabis market.
A pair of earnings report this week will shed light on the future direction of two fast-growing companies in very different fields.
The action in pot stocks continues to be poor. I have a very small position in and even though the shares might be attractive over the long run, I won't be adding until I see some better price action. I have been cautious on the group for some time ...
Oh, by the way, Constellation, for those who've forgotten, holds a 38% stake in Canopy Growth.
There is certainly too much to ignore about STZ for the majority of analysts.
What I do know is that TSLA now faces a tumultuous uphill battle in order to meet its full year guidance.
What to look for when Dave & Buster's and Constellation Brands report results.
The fact that everyone wants to know everyone's thoughts about Canopy Growth should tell you everything you want to know about CGC's current valuation and ownership. In fact, the Canadian LPs (Licensed Producers) are a tough game right now. These ar...
The pot sector has been weak recently. I own a very small long position in which is -$1 to under $44/share (which was added to my Best Ideas List on January 2, 2019 at $27.75) As I mentioned I wasn't willing to pay up for recently and, in general, ...
A huge week is coming up for these well-known stocks.
Investors can gain exposure to the high-flying cannabis industry without taking on undue risks.
Yesterday I reestablished a long position in Canopy Growth - which has been on my Best Ideas List since early January, 2019. The shares are responding well to this news.