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Which Cannabis Stocks to Buy?




Here are a few suggestions

1) Canopy Growth Corp.
Although Canopy Growth Corp. (NYSE:CGC) is possibly the most well-rounded of all Canadian marijuana growers, it's still projected to lose money in the fiscal year 2019 by Wall Street. The reason is that of its need to expand the company's infrastructure in international markets, as well as build up its existing brands and marketing strategy. Canopy Growth also needs to finish the expansion of its 5.6 million square feet of growing space in British Columbia, which is costing a pretty penny.
The good news is that Canopy Growth has more than enough capital to complete its expansion in B.C. and internationally. On Aug. 15, Constellation Brands, the producer of the Modelo and Corona beer brands, announced that it'd be taking a $3.8 billion equity stake in Canopy Growth. With well over $4 billion in cash on its balance sheet, Canopy has more than enough capital to beef up its abroad presence.


2) Though you might have expected to see a different company in the No. 2 slot, Aphria(NASDAQOTH:APHQF) is expected to deliver more than $356 million in sales by fiscal 2019. This healthy revenue total is expected to derive from two key projects hitting their completion dates in January 2019.

3) KushCo Holdings (NASDAQOTH:KSHB) is expected by Wall Street to continue losing money in the fiscal year 2019, despite the fact that preliminary sales for its recently ended year rose 171% to $51 million. KushCo has been busy in the acquisition department in recent months, and it'll be spending liberally to establish itself as a go-to player in niche markets.

4) Aurora Cannabis (OTCQX:ACBFF)(ACB) has taken a similar approach to Canopy in that it too is making strategic investments and setting up distribution agreements with numerous companies. To date, their M&A strategy has helped amass 15 companies – MedReleaf (OTCPK:MEDFF)(LEAF),

For further suggestions

 www.fool.com
www.investopedia.com
https://investorplace.com
www.kiplinger.com

www.ecocropsinternational.com
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