Cannabis stocks have been increasing in value rather rapidly over recent months, with stocks listed on Canadian and U.S. financial markets receiving boosts from the mainstreaming of marijuana. As big-time investors and major companies invested, or were reported to be eyeing potential entries into the market, investors of all stripes have taken notice. As Bloomberg reported,…
Canopy Growth is an unquestioned leader in the global cannabis industry. The biggest producer, in Canada, Canopy exports around the world and its stock has had a strong showing on the New York Stock Exchange. Constellation Brands, the owner of Corona beer and Robert Mondavi wine, sees the value of the company, investing billions in…
Cannabis stocks have been so hot this year that many are wondering whether they can keep up such a torrid pace. Leading the way has been Tilray, who has seen its stock prices increase more than 500% since its initial public offering in July. Canopy Growth, buoyed by its industry-shaking investment from Corona-owner Constellation Brands, has also…
The cannabis industry is hot right now and so are several stocks associated with the business sector. For those understandably queasy about investing in single stocks that can fluctuate in value dramatically, an exchange-traded fund (ETF) may be more your style. An ETF is an investment fund, like a mutual fund, as it will contain a…
More and more mainstream investors and companies are getting into the cannabis industry, pushing cannabis stocks higher and higher (pun intended). What are some stocks to watch, both directly involved in marijuana and those ancillary to the business sector? Well, if anyone knew for certain, they could get very wealthy, so no one knows for sure….
Cannabis industry observers are witnessing mainstream investors of all stripes investing in and partnering with the cannabis industry, from hedge fund legends to alcohol giants to biotech companies. There has long been speculation that Big Tobacco would enter the marijuana market once prohibition ended and the theory could become a reality sooner than later as…
As the cannabis industry has gone more mainstream, there have been numerous headlines about who will be the “Starbucks” or “Wal-Mart” or “Costco” or “Amazon” of cannabis. The biggest player in Canada, and internationally, Canopy Growth, isn’t the Amazon or Google of cannabis…yet, but the company hopes to be, as reported by CNBC: Canopy Growth CEO…
After Constellation Brands’ mega-deal with Canopy Growth and Molson Coors team-up with Hydropothecary Corp. to work develop non-alcoholic, cannabis-infused beverages, industry observers are wondering who could be next. While there is some speculation that Big Tobacco and Big Pharma are going to make moves into the adult-use marijuana market, tobacco companies carry so much baggage after deceiving…
It was big news when RBC Capital Markets praised Constellation Brands multi-billion investment in Canopy Growth and notified its clients that it expected the legal cannabis market in the United States to reach $47 billion in revenue within the next decade. Now, writing in Seeking Alpha, Jonathan Cooper makes the case that the U.S. cannabis industry will…
First off, I must apologize, once again for the puns in the title, but it is hard to get away from using “high” when discussing cannabis stocks that are worth more than ever before. When it comes to “hit” I’m guilty as charged, as I could have used “reached” but that’s not as fun. While…
