Skip to main content

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
Labels:

Comments

  1. Bruce DavidJune 10, 2019 at 10:57 AM

    Hello everyone..Welcome to my free masterclass strategy where i teach experience and inexperience traders the secret behind a successful trade.And how to be profitable in trading I will also teach you how to make a profit of $12,000 USD weekly and how to get back all your lost funds feel free to email me on(brucedavid004@gmail.com) or whatsapp number is +22999290178

    ReplyDelete

Post a Comment

Popular posts from this blog

Secure your online wallets & be careful with online services

You should be wary of any service designed to store your money online. Many exchanges and online wallets suffered from security breaches in the past and such services generally still do not provide enough insurance and security to be used to store money like a bank. Accordingly, you might want to use other types of Cyber currency wallets.  Otherwise, you should choose such services very carefully. Additionally, using two-factor authentication is recommended. Small amounts for everyday uses A Bitcoin wallet is like a wallet with cash. If you wouldn't keep a thousand dollars in your pocket, you might want to have the same consideration for your Bitcoin wallet. In general, it is a good practice to keep only small amounts of bitcoins on your computer, mobile, or server for everyday uses and to keep the remaining part of your funds in a safer environment. Backup your wallet Stored in a safe place, a backup of your wallet can protect you against computer failures and ma...
2 comments
Read more

Industrial wood pellets are trading at an all-time high.

EcoCrops International reports that Industrial wood pellets, as opposed to domestic wood pellets, are currently trading at an all-time high.  With the Argus 90 day Industrial wood pellet index trading at US$210 per tonne, up strongly from July 2018 where they were trading at US$175. The steep increase in prices is primarily driven by higher demand from European Power Stations.  Such as new power station coming online in the Netherland, Belgium, and Italy.  And existing Power stations such as the huge UK Drax power station burning more wood pellets and burning less coal. This trend is set to increase due to a number of factors: The EU climate change targets for reducing its greenhouse emissions, transforming the EU carbon-based fuel (coal) police towards a low carbon economy by 2050.  With targets for the reductions of greenhouse emissions is set for 2020 and 2030. Germany’s plant to phase out all coal power stations by 2038.  And the increased effici...
1 comment
Read more

China preparing solar farms in Space

Ecocrops internationa l reports that the Stations would orbit 22,000 miles from Earth and would weigh over 1,000 tons, that is 600 tons more than the International Space Station.  They plan to deploy small and medium stations between 2021 and 2025 and a megawatt level satellite in 2030. Space-based solar power has two major advantages over Earth-based solar power:  due to the orbit they can collect energy 24 hours a day, and they collect more energy as the sunlight is not filtered by the Earth’s atmosphere. Under the plans, huge satellites would be put into orbit to collect the sunlight with huge solar rays.  Once the energy is collected it would be sent back to receiving stations on earth as microwaves.  On Earth, these microwaves would be converted to electricity and fed into the grid. Due to the huge size of the satellites, the Chinese are proposing to fabricate with 3D printer technology and then assemble in the Earth orbit with robots. Pang Zhihao, a re...
1 comment
Read more