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Cannabis Stocks Show Fresh Life Following Corrective Dip (NASDAQ: TLRY) (OTC US: CRLBF) (OTC US: MEDH) (NASDAG: SNDL) (OTC US: GRWG) (NASDAQ: APHA)

Pot stocks have been pulling back after Aphria Inc (NASDAQ:APHA) posted less than spectacular results earlier this week. That helped to break down the main industry ETFs and shake out the remaining speculative interest in the space. Which brings us to a rather interesting point. Recall that Tilray Inc (NASDAQ:TLRY) reached as high as $67/share (over $70 if you count after-hours action) just two months ago. Obviously, that move was overdone and badly in need of some corrective action. However,...

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In Search of the Next Hot Pot Stock (OTC US: GRWG) (NASDAQ: TLRY) (OTC US: SGMD) (NASDAQ: APHA)

The legalization wave continues to run on basically a best-case trajectory in the US, with New Jersey and New York making moves to legalize over recent weeks. The size of the US market continues to grow rapidly in legal terms, with Forbes recently putting out a piece suggesting the $24 billion threshold is attainable this year. The ball is rolling strong. However, for investors, the question is about how to find undervalued names with promising models for maximizing shareholder value as a...

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The Next Frontier for Pot Stocks (OTC US: GRWG) (OTC US: MEDH) (NASDAQ: APHA)

Pot stocks jumped to start the week after New York Governor Andrew Cuomo said New York is "very close" to legalizing weed on a recreational basis. That sent TLRY and APHA launching, along with most of the rest of the space. "I think this should've been passed years ago," Cuomo said in an afternoon news conference. "We have to get it done. I think too many people have been imprisoned, incarcerated, and punished. Too many of those people are Black, Latino, and poor. It's exaggerated the...

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Hemp and Cannabis Stocks Gear Up for Election Day (NASDAQ: APHA) (NASDAQ: TLRY) (OTC: RLBD) (NYSE: ACB)

The green wave election year theme is back on the radar, with election day just a week away. Naturally, the hype is already underway, and the cannabis, hemp, and CBD space has begun to react. But coming days and weeks could represent an interesting opportunity for stocks in the space given that the structural theme of legalization will be front and center. In addition, polling numbers slant heavily in Biden’s favor and the Biden-Sanders "unity task force" put together a lengthy document of...

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