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Cannabis
5 TSX cannabis stocks to buy under $20 as US weighs decriminalization
November 11, 2021 09:52 AM EST| By Kajal JainCannabis was legal in Canada since October 2018 and is a critical investment option for investors. On Tuesday, November 9, the S&P/TSX Cannabis Index plunged by 0.33 per cent. However, it has noted a month-to-date increase of 13.25 per cent. .....
3 Canadian cannabis stocks to buy under $20
October 25, 2021 12:31 PM EDT| By Shreya BiswasIn the month of August 2021, Canada saw cannabis sales record a new monthly high of C$ 356.9 million, marking a year-over-year (YoY) growth of 5.2 per cent, according to Statistics Canada. Also, notably, the S&P/TSX Cannabis Index noted a YoY .....
Is Canopy Growth (TSX:WEED) a cannabis stock to buy and hold?
October 14, 2021 11:07 AM EDT| By Raza NaqviHighlights At market open, Canopy Growth's (TSX:WEED) shares jumped five per cent and traded at C$ 17.39 per share. Canopy Growth is looking to acquire Wana Brands, one of the leading producers of edible cannabis products. Canopy Growth .....
Sundial (SNDL) to acquire Alcanna (TSX:CLIQ), stocks soar. Buy alert?
October 08, 2021 11:48 AM EDT| By Raza NaqviHighlights The SNDL stock is soaring as the cannabis producer is set to acquire Alcanna. Sundial said that it will acquire all issued and outstanding Alcanna shares for C$ 9.12 per share. For Alcanna shareholders, they would own a 16 per cent .....
5 Canadian cannabis stocks to buy this fall
September 29, 2021 10:35 AM EDT| By Shreya BiswasHighlights One company mentioned here acquired two companies in its latest quarter. One of the cannabis companies below sold 11,346 kgs of cannabis in its latest quarter. One firm achieved carbon neutrality in September 2021 by offsettin.....
Aurora Cannabis (TSX:ACB) stock high despite Q4 revenue dip. Buy call?
September 28, 2021 07:46 AM EDT| By Raza NaqviHighlights Aurora Cannabis announced results for Q4 2021 in which it achieved total net revenue of C$ 54.8 million. The Aurora Cannabis stock could have surged due to its strong balance sheet. It had cash worth C$ 440.9 million as of June 30. .....
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Canopy Growth (TSX:WEED) is rising. Is the pot stock a safe bet?
September 07, 2021 11:26 AM EDT| By Raza NaqviStocks of Canopy Growth Corporation (TSX:WEED) surged by about two per cent at market open on Tuesday, September 7, despite the lack of any official announcement from the company. At the time of writing this, over 228,000 WEED shares had traded ha.....
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5 best TSX Cannabis stocks under C$25 to buy
August 30, 2021 06:02 AM EDT| By Shreya BiswasHighlights The S&P/TSX Cannabis Index grew close to 25 per cent in the past 12 months. The quest to innovate in the medicinal cannabis space is on a constant surge. One of these companies was chosen to deliver a consignment of dried cannab.....
6 best psychedelic stocks to buy
August 25, 2021 11:03 AM EDT| By Shreya BiswasHighlights One of the companies discussed here is developing psychedelic pharmaceuticals to treat brain injury and stroke. One of these listed companies signed an agreement to conduct human trials of medicinal mushrooms and Ganoderma Lucidum fo.....
Will Tilray (TLRY) become the next big cannabis stock in North America?
August 18, 2021 09:58 AM EDT| By Raza NaqviStocks of Canadian pharmaceutical and cannabis company Tilray (TSX:TLRY) surged by 0.3 per cent and closed at C$ 16.53 per share on Tuesday, August 17. The cannabis producer's shares in the US market were up by about seven per cent during pre-marke.....
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PharmaCann IPO: How to buy this marijuana firm’s stock?
August 17, 2021 05:44 AM EDT| By Raza NaqviChicago-based integrated cannabis company PharmaCann is reportedly looking to go public this year and could value over US$ 1 billion at the time of its initial stock offering. Notably, PharmaCann is one of the few medical pot operators in New York.....
9 marijuana stocks to buy & hold for Canadian investors
August 10, 2021 04:13 AM EDT| By Ipsita SarkarAfter witnessing a FOMO-styled green rush following pot legalization in October 2018, marijuana stocks in Canada went on to eventually decline. Amid COVID-19 breakout in 2020, however, pot sales quickly skyrocketed to register record highs. Sales an...
Canopy Growth: Is there more room for growth in WEED stock?
July 23, 2021 06:39 AM EDT| By Shreya BiswasStocks of Canopy Growth Corporation (TSX: WEED) closed at C$24.93 on Thursday, July 22, down nearly 3 per cent. The stock is nearly 65 per cent below its 52-week high of C$ 71.70 (February 10, 2021) and nearly 36 per cent above its 52-week low of C$...
6 Canadian pot stocks to buy that can grow like a weed
July 16, 2021 06:37 AM EDT| By Ipsita SarkarSummary The 2018 legalization of recreational cannabis in Canada saw pot producers in the country note a massive boom in their businesses. Now, with the US looking at a federal legalization of adult recreational marijuana use, pot manufacturers.....
Canadian pot stocks wibble-wobble as US moves closer to legalize weed
July 14, 2021 11:16 AM EDT| By AnujSummary The US government floated the draft bill to legalize recreational marijuana federally on July 14. Meanwhile, Canadian pot stocks have responded disproportionately. Tilray’s stock was up almost two per cent intraday. In contrast, .....
Top 10 cannabis stocks to buy in 2021
July 08, 2021 01:09 PM EDT| By Ipsita SarkarCanada’s cannabis market is among the top performing ones in the country, having recorded sales worth around C$ 2.6 billion in 2020. The pandemic, which wrecked operations for most businesses, saw cannabis sales fly in the country last year as...
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Can investors 'fly high' with NUMI stock in future?
July 06, 2021 10:22 AM EDT| By Raza NaqviNuminus Wellness Inc. (TSXV:NUMI) Numinus Wellness Inc. (TSXV:NUMI) is set to acquire the Neurology Centre of Toronto (NCT) and expand the centre into a clinical neurology treatment centre, the company announced on Tuesday, July 6. Numinus is a.....
Best psychedelic stocks to explore in Canada
June 29, 2021 08:32 AM EDT| By Raza NaqviThe growing enthusiasm around psychedelic drugs as a treatment for mental illness is likely to bring a massive change in this evolving sector. Amid an expanding wave of research studies, people are becoming more aware of the benefits of these drugs a...
MindMed (MNMD) & 3 more psychedelics stocks to trip on in 2021
June 24, 2021 12:01 PM EDT| By Raza NaqviPsychedelics have evolved over the years and now they are being considered as a potential tool to treat mental illness and addiction issues. The entire psychedelics industry is under the spotlight in North America amid increased acceptance and growi...
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Atai Life Sciences IPO: How To Buy This Psychedelic Stock?
June 18, 2021 09:06 AM EDT| By Raza NaqviThe psychedelics industry has witnessed quite a boom in the past few years, and this uptrend is likely to continue. This rise in popularity is boosted by several studies that note the health benefits of psychedelic drugs. Amid the increasing popular...
