Cannabis Stocks

Canopy Growth (TSX:WEED) is rising. Is the pot stock a safe bet?

 Canopy Growth (TSX:WEED) is rising. Is the pot stock a safe bet?

Stocks 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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Hexo (TSX:HEXO) stock tumbles over 6%: Buy or Sell?

Hexo (TSX:HEXO) stock tumbles over 6%: Buy or Sell?

  • June 14, 2021 11:09 AM EDT
  • Anuj

Stocks of Hexo Corp. (TSX:HEXO), a cannabis goods retailer, dropped over six per cent in the opening trading hour (9:32 am EST) of Monday, June 14, after the company posted lower-than-expected third-quarter earnings.  The pot company's non-beve...

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3 Psychedelic Stocks To Trip On in 2021

3 Psychedelic Stocks To Trip On in 2021

When investors in Canada made early inroads into cannabis stocks, who would have thought that returns could be so high. Just in case you failed to capitalize on them, do not worry as psychedelic stocks seem embarking on a similar trajectory. Regulat...

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High Tide (HITI) Debuts On Nasdaq: Buy It Before US Pot Legalization?

High Tide (HITI) Debuts On Nasdaq: Buy It Before US Pot Legalization?

  • June 02, 2021 10:07 AM EDT
  • Anuj

High Tide Inc (TSXV:HITI), a pot-focused retailer, debuted on the New York-based Nasdaq Exchange on Wednesday, June 2. Currently, its stocks are trading on the Toronto Stock Exchange Venture (TSXV) in Canada, holding year-to-date (YTD) returns of 198...

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Canopy (WEED) & Tilray (TLRY): 2 Pot Stocks To Buy Before Q2 Ends

Canopy (WEED) & Tilray (TLRY): 2 Pot Stocks To Buy Before Q2 Ends

  • June 02, 2021 04:09 AM EDT
  • Anuj

Stocks of pot producers Canopy Growth (TSX:WEED) and Tilray’s (TSX:TLRY) reflected a growth about three per cent in the first hour of the trading session on Tuesday, June 1 (10:05AM EST). Ontario-based firm Canopy Growth’s stock price sp...

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Aurora (ACB) & Canopy (WEED): Why Pot Stocks Continue To Be Hot On TSX?

Aurora (ACB) & Canopy (WEED): Why Pot Stocks Continue To Be Hot On TSX?

Cannabis stocks are turning hot once again as increased bustle in the sector gains investor attention. This increased interest in the pot sector is evident from the rise in the S&P/TSX Cannabis Index, which is currently up 37.76 per cent year-to...

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High Tide (HITI) IPO: Stock Gains On Nasdaq Listing Approval, What Next?

High Tide (HITI) IPO: Stock Gains On Nasdaq Listing Approval, What Next?

  • May 28, 2021 12:45 PM EDT
  • Anuj

New York-based Nasdaq Exchange has accepted the listing application of Canadian cannabis retailer High Tide’s (TSXV:HITI), the company announced on Friday, May 28. The stock soared by 11 per cent intraday (at 11:00 AM ET) in the wake of this de...

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Hexo-Redecan Stock & Cash Merger Heats Up Competition In Pot Industry

Hexo-Redecan Stock & Cash Merger Heats Up Competition In Pot Industry

  • May 28, 2021 10:46 AM EDT
  • Anuj

Stocks of Hexo Corp. (TSX:HEXO) spiked more than 12 per cent in the opening hour (at 9:42 am ET) on Friday, May 28, after the company announced its decision to buy cannabis manufacturer Redecan for C$ 925 million. Hexo will make the first transactio...

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3 Discounted Cannabis Stocks To Buy Before Prices Fly

3 Discounted Cannabis Stocks To Buy Before Prices Fly

As the United States and Mexico inch closer towards legalizing recreational marijuana, cannabis retail players are set to benefit from this expanding industry. The vast product portfolio, including medical and recreational cannabis, also opens room f...

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Canopy Growth (TSX:WEED): A Pot Stock Worth Buying?

Canopy Growth (TSX:WEED): A Pot Stock Worth Buying?

Summary The cannabis sector is expected to boom this year in Canada. At the market open on Friday, May 21, Canopy Growth stock surged by about one per cent and was trading at US$ 23.10 (9:45 AM EST). In the last five days, the stock jumped by ...

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Canopy Growth (TSX:WEED) & Sundial (NASDAQ:SNDL): 2 Pot Stocks To Buy

Canopy Growth (TSX:WEED) & Sundial (NASDAQ:SNDL): 2 Pot Stocks To Buy

Summary Cannabis stocks gained momentum over the past year amid the pandemic as pot sales shot up. As COVID-19 cases continue to rise around the world, sales of cannabis products are likely to get boosted and that could reflect on the performan...

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