Cannabis

Aphria Stock (TSX:APHA) (NYSE:APHA) Falls Back From highs: What to Expect Now?

April was not a particularly great month for many stocks and especially so for those who belong to the cannabis sector. However, Aphria Inc (TSX:APHA) (NYSE:APHA) proved to be one of the exceptions in this regard and went against the tide to record substantial gains.

Major Developments

Aphria stock managed to deliver gains of 25.5% for the month, and there are two significant factors behind the spike. In March, the stock had recorded significant declines as investors sold off their positions due to the impact of the coronavirus pandemic on supply chains and sales. However, those fears had not actually … Read More

Penny Stocks Articles

Is Aphria Stock (TSX:APHA) (NYSE:APHA) A Solid Value Buying in May?

The cannabis sector has gone through its fair share of difficulties over the past year, but some stocks have managed to garner interest among investors all the same in recent days. The stock in question is Aphria Inc (TSX:APHA) (NYSE:APHA). There had been a lot of optimism around the sector in the past, but over the past year or so, a range of issues damage the cannabis space significantly.

Key Analysis

Oversupply, slow rollout of stores and the continued presence of the black market are some of the factors. However, over the past month, Aphria has enjoyed a rally, and … Read More

Penny Stocks Articles

Aurora Stock (TSX:ACB) (NYSE:ACB) Soars As Earnings Top Estimates

Canadian cannabis firm Aurora Cannabis (TSX:ACB) (NYSE:ACB) has been in all sorts of trouble for the better part of the past months. Considering the fact that it is one of the biggest cannabis firms in the industry, there was a lot of anticipation around its fiscal third-quarter results.

Solid Earnings

The results were released on Thursday, and Aurora reported a loss of $137.4 million. While that is a significant loss, it should be noted that in the prior three months, the company had posted a loss of as much as $1.3 billion. Aurora’s sales rose to $78.4 million for the … Read More

Penny Stocks Articles

4 Hot Biotech Penny Stocks to Watch (GERN), (SRNE), (SEEL), (AFRM)

Investments in biotech penny stocks can pay off handsomely, and that is possibly the reason why these stocks are tracked closely by thousands of people every day. The markets have been quite volatile in recent weeks, but despite that, some penny stocks have managed to record significant gains, and it is important for investors to keep an eye on such stocks. On Friday, some biotech penny stocks recorded gains, and here is a quick look at four of those.

Hot Biotech Penny stocks to Watch #1 Geron

One of the penny stocks that recorded significant gains this past Friday was … Read More

CBD Stocks

Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) Fails To Impress Markets

Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) released its quarterly results on Thursday, but the stock ended the day at the level at which it had started. It came as a surprising turn of events considering the fact that many cannabis stocks and the wider market recorded gains yesterday.

Key Metrics

The company, which is primarily focussed on the CBD space, posted revenues of $21.5 million in the fiscal first quarter. It was a disappointing performance for the company since it reflected a year on year decline from the $21.7 million it posted in Q1 2019. The revenues declined sequentially as well. … Read More

Cannabis

Is Cresco Labs Inc (OTCQX:CRLBF) Stock a Good Buy After The News?

Due to the overall slowdown in the cannabis space, some companies had put off construction projects, but Cresco Labs Inc (CSE:CL) (OTCQX:CRLBF) is one of the exceptions in this regard. This past Friday it emerged that the company has completed the expansion of its facility located in Brookville in Pennsylvania.

Major Development

It is a major development for Cresco Labs considering the fact that the company will be able to cultivate marijuana and also produce associate products at the facility. Prior to the expansion, the facility only had 22000 square feet of cultivation space but now it stands at as … Read More

Penny Stocks Articles

Is Cronos Stock (TSX:CRON) (NASDAQ:CRON) Ready to Jump in June?

The cannabis industry had been struggling with regards to growth even before the coronavirus pandemic had hit and currently, there are only a few companies that have the capability of still generating growth. Cronos Group (TSX:CRON) (NASDAQ:CRON) is one of the bigger cannabis companies in the industry, and it is one of the firms that could survive the current crisis.

What to Expect Now?

Hence, it could be worthwhile to have a closer look at the company, and the best place to start is by looking through the company’s fiscal first-quarter results. One of the things that need to be … Read More

Cannabis

Cronos Stock (NASDAQ:CRON) Falls After Earnings: A Good Buying Opportunity?

The cannabis sector has been in trouble for many months now, and some of the biggest companies in the sector have experienced steep declines in their stock prices. Cronos Group (TSX:CRON) (NASDAQ:CRON) has not been able to escape either, and in 2020 so far, the stock has declined by as much as 27%.

Earnings Review

This past Friday, the company announced its financial results for the 1st quarter, and it could be worthwhile for investors to take a closer look at the performance. Here is a quick look at some of the highlights and takeaways from the company’s first-quarter results. … Read More

Cannabis

Curaleaf Stock Gains Momentum At Lower Level

Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) is now firmly established the biggest multi-state cannabis operators in the United States, and it has expanded its footprint to 17 states in the country. As such, it is also one of the better-known stocks in the cannabis space. That being said, the coronavirus pandemic has come as a major blow.

Major Triggers

Several industries are now in crisis, and it is more pronounced for the cannabis industry since many companies were already struggling with the cash crunch. In such a situation, it could be worthwhile to figure out if Curaleaf is worth investing in.

The … Read More

Cannabis

Is Green Thumb Industries (OTCQX:GTBIF) a Solid Buy After The Recent Correction?

Cannabis stocks have been beaten down for quite a while, and some of the biggest names in the industry have seen their stocks record significant declines. That being said, there are still many promising companies in the sector, and one of those is Green Thumb Industries Inc. (CSE:GTII) (OTCQX:GTBIF).

Key Things to Watch

 The Chicago based company is primarily into cannabis retail and boasts of as many as five different brands that cater to different consumer tastes. In 2019, it generated sales of $219 million, but in 2020, the market conditions are a bit different owing to the coronavirus crisis. … Read More

Cannabis

Is HEXO Stock A Better Long-Term Investment Option Now?

The market has rebounded somewhat in recent days in the hopes of the reopening of the economy following the coronavirus pandemic induced lockdown. However, the situation has not been great with pot stocks, which have continued to remain depressed. That being said, it is also true that it could be the perfect opportunity for investors to make clever investments in some of the notable pot stocks in the market. One of the pot stocks that stand out at this point in time is the HEXO Corp (TSX:HEXO) (NYSE:HEXO). There are some factors that make it one of the more compelling … Read More

Cannabis

IPPR Stock Remains An Impressive Pick in The Cannabis Sector

The cannabis industry has been struggling, especially in 2020, due to the market sell-off and the ever-persistent woes within the industry. The COVID-19, however, might be able to help the industry, as more and more states may legalize the substance. With the financial crisis due to the pandemic, states could legalize the industry in order to generate significant tax revenues from the same, gradually giving way to legalization at the federal level. In such a case, the cannabis stock of some companies might be worth a buy. Innovative Industrial Properties Inc (NYSE:IIPR) is one such stock.

What to Expect Now?Read More

Cannabis

Is OrganiGram Stock A Good Buy in the CBD Industry?

The coronavirus pandemic has had a massively negative impact on a range of industries, and the cannabis industry was not completely unscathed from it either. However, things could be changing soon. In a new development, it has emerged that Organigram Holdings (TSX:OGI) (NASDAQ:OGI) has decided to bring back its employees to work.

Major Analysis

The company published an update on Thursday last week with regards to this matter. The company stated that it is going to get its employees back to work in phases in light of the fact that the coronavirus crisis has eased in New Brunswick, its native … Read More

Penny Stocks

4 Hot Penny Stocks To Watch As Markets Continue To Recover

Over the years, penny stocks have managed to generate enormous wealth for investors, and hence, there is almost always an interest in this category of stocks. However, at the same time, it should be noted that penny stocks can be highly volatile, and hence, proper research is necessary before making investments. On that note, here is a closer look at four penny stocks that could be worth tracking at this point in time.

Hot Penny Stocks To Watch #1 Ritter Pharmaceuticals

One of the penny stocks that made a major move on Tuesday was that of Ritter Pharmaceuticals (RTTR), and … Read More

Penny Stocks

4 Penny Stocks Making Key Headlines This Week

Over the course of this week, plenty of penny stocks have managed to record significant gains, and it is important for investors to keep an eye on these stocks. Penny stocks have the potential of generating significant short term profits, and hence, investors need to track the markets closely in order to discover the stocks which have made strong moves. Here is a quick look at 5 penny stocks that generated gains on Friday and could be tracked by investors.

Penny Stocks Making Key Headlines This Week #1 Waitr Holdings

Waitr Holdings (WTRH) is one of the companies which seemed … Read More

Penny Stocks Articles

5 Penny stocks to be in Limelight in May

The coronavirus pandemic has sent the markets into complete turmoil over the past few weeks, and stocks have recorded steep declines across the board. However, despite all that, there have been some penny stocks that have managed to deliver gains even during these tough times.

This past Friday, some penny stocks rallied, and it could be worthwhile for investors to take a closer look at some of these stocks. Here is a look at 5 penny stocks that recorded gains on Friday.

Penny stocks to be in Limelight in May #1 Superior Drilling

One of the penny stocks that managed … Read More

Penny Stocks

4 Penny Stocks Gaining Momentum This Week

Over the years, penny stocks have proven to be one of the more popular categories of stocks for a large number of investors and for a good reason too. Penny stocks offer the unique opportunity of making substantial returns from relatively small investments. That being said, one has to conduct thorough research in order to discover promising penny stocks. Here is a quick look at 4 penny stocks that could be worth tracking.

Penny Stocks Gaining Momentum #1 Abeona Therapeutics

Abeona Therapeutics (ABEO) was one of the major penny stock gainers on Monday; however, there was no news with regards … Read More

Penny Stocks

5 Penny Stocks Making Big Moves This Week

If one is looking to make money from investing in penny stocks, then it is also necessary to put in the hard yards and conduct thorough research behind the different stocks. The stock market at large has been quite volatile in recent times, and hence, investors need to be careful. Here is a quick look at 5 penny stocks that could be tracked by investors at this point in time.

Penny Stocks making Big Moves #1 Aurora Cannabis

Aurora Cannabis (ACB) announced its quarterly financials for the fiscal third quarter on Thursday and has come into sharp focus among investors. … Read More

Penny Stocks

5 Best Penny Stocks to Buy This Week

Investors who look for value in the markets are almost always on the lookout for the next big things when it comes to penny stocks, and it goes without saying that a lot of research needs to be involved in order to discover these stocks. One way of going about it is by tracking those penny stocks which have recorded gains in recent times. Here is a quick look at the 5 penny stocks that recorded gains on Monday.

Best Penny Stocks to Buy This Week #1 MicroVision

One of the penny stocks that could be tracked by investors at … Read More

stocks

2 Best Pharma Stocks: AstraZeneca plc (NYSE:AZN), Myers Squibb Co (NYSE:BMY)

The stock markets have been in the middle of a historic turmoil over the past weeks, and stocks across almost all sectors have been pummelled due to rapid selloffs. Corporate earnings have taken a beating, and investors have turned away from stocks despite the announcement of an unprecedented stimulus package from the United States government.

If the crisis continues, then investors would need to go for solid companies that can manage to weather the storm for a considerable period of time. Two companies that might be in a position to do so are the pharmaceutical major Bristol Myers Squibb and … Read More