Month: June 2020

Once a favorite marijuana stock, Edmonton, Alberta-based Aurora Cannabis (ACB) saw its worst days in 2019, with declining revenues, negative profitability, and a sinking leadership team eventually pushing its stock to

Since the beginning of the year, shares of consumer cannabis company HEXO (HEXO) have declined by more than 50%. Compared to the S&P 500‘s decline of just 3% year to date, HEXO’s share

Investing in the cannabis industry has been quite the adventure over the past couple of years. Through March 2019, buying almost any brand-name pot stock would have yielded a triple-digit

Canopy Growth (CGC) CEO David Klein has a “magic number” in mind for when the U.S. will legalize cannabis. In an interview with CNBC’s Jim Cramer last week, Klein said that

When the first quarter of 2019 came to a close, the cannabis industry looked to be unstoppable. Wall Street’s sales expectations for the industry were soaring, especially with Canada having

The issues in the cannabis sector far predate the current economic crisis caused by the COVID-19 pandemic. Over the past year or so, marijuana companies have generally reported underwhelming financial

Buy on the rumor and sell on the news. While long-term investors should, and do, usually ignore such maxims, it’s worth noting that such short-term trading movements do influence the

Fears of another wave of the COVID-19 pandemic looming on the horizon are taking shape even before the first wave in the U.S. has been contained, and investors are arguably