Tag Archives: pot stocks

What do you really know about the pot stock market? Not much I would expect, as little of substance is being written about the cannabis stock market these days other than articles hyping/promoting specific client companies. That short-coming has just come to an end.

The non-penny pot stock sector of 37 stocks is down 21.7% year-to-date which, as terrible as that certainly is, is better than the cannabis sector as a whole (319 stocks) which is down 45.5% year-to-date. 

It was mentioned that Canopy Growth (TSX:WEED;NYSE:CGC) and had a very bullish chart patterns and would likely breakout in January and CGC broke out today

Cannabis extraction is a vital component of any vertically integrated cannabis company, yet most such companies do not have the capacity to meet the rapid growth in oils and that is why companies that specialize in the extraction of oils have become so important and have become such hot investment prospects. This article reviews 4 Canadian cannabis extraction stocks that are poised to capitalize on what could be the next big cannabis investing trend – extracted products.

Europe’s population dwarfs that of both Canada and the U.S combined and it is predicted that over the next 5 years the CBD industry will grow more than 400% through 2023 in Europe (source) that will make it the largest legal cannabis market in the world. This is a great opportunity for companies to enter and expand through Europe with far less competition than we’re seeing in the U.S. and Canada.

Shares of Tilray, Inc. (Nasdaq: TLRY) - a US$3.8B cannabis company - dropped 15% on Wednesday after reporting a net loss of US$35.1M for the second quarter ended June 30, 2019 despite producing revenue of US$45.9M and continues to fall further today.

Identifying companies with high gross margins in the young marijuana industry is important because operating costs are likely to decrease as the industry matures, leaving these companies with high earnings potential. Today we have identified five Canadian marijuana stocks with gross margins well above their industry peers.