News and Updates
S&P 500 Down 10% from 52-Week High – Time to Panic?
Global stocks are coming off one of their worst weeks of the year. No doubt investors are a bit...
S&P 500’s 7.2% Return in third Quarter Best in Five Years
The third quarter of 2018 is history. Despite the usual pessimism from the financial media, it was...
North American Cannabis Sector Jumps 50% in Four Weeks – Canopy up 100%
It’s been an awesome month for the cannabis sector. The North American Cannabis index jumped more than 50% in the last four weeks for its best month of the year. Those big gains were driven Canopy’s record $3.8 billion investment from Constellation Brands (STZ). And looking forward I am expecting more of the same – I see more gains ahead.
Canopy Growth Corp Jumps 47% in one Day on $3.8 Billion Mega deal with Corona Brewer
The cannabis sector just went from being ice cold to red hot in one day. On Tuesday morning, Canopy Growth Corp (CGC), the largest cannabis company in the world, announced that Constellation Brands (STZ), the third largest US brewer has invested $3.8 billion in Canopy. This is a game changing deal. Its the largest deal in the history of the cannabis industry. It gives Canopy a direct link to Constellation global distribution network into more than 100 countries.
NASDAQ 100 up 11% in First Half of 2018 – Cannabis Stocks Rallying and Moving into Seasonally Strong Time of Year
The first half of 2018 is in the books. It was a bumpy ride – but US stocks closed the first half of the year with some very solid gains – and cannabis stocks are heating up. Here’s a quick review of how global stocks performed in the first half of 2018 – and what we can expect in the second half of the year.
S&P 500 on Pace for 12% Gain in 2018 – Cannabis Stocks Rallying Big and Moving into Seasonally Strong Time of Year
The US stock market got off to a bumpy start in 2018. In early February US stocks fell 10%. That drop made investors nervous – ‘is this the beginning of a huge meltdown or a normal correction?’ Today – it looks like a correction. US stocks were quick to rebound from the weakness.
Cannabis Sector Jumps 15% in one Day on Trump Game Changer
Here's a little something I wrote for Cannabis Stock Trades. President Trump just shocked the US...
$85 Million Canadian Cannabis Micro-cap Lands Sales Permit
This is an article I wrote for Cannabis Stock Trades. This Canadian Cannabis company just landed a...
Two Cannabis Leaders Trading at 61% Discount to 52-Week High
The cannabis sector is in a bear market. This is creating an opportunity for new investors to...
Cannabis Stocks Fall After Canopy (TWMJF) Breaks 50 Day MA
It was a tough day for the cannabis sector. The Canadian cannabis index was down 7% on Tuesday....