5 Reasons It’s Time to Buy Cannabis Stocks

For the last few years, the cannabis sector has experienced extended periods of strength followed by large pullbacks that lasted on average three to six months. During this period, buying cannabis stocks on a pullback has been a highly effective strategy.

Today, investors want to know if this a good time to buy cannabis stocks…

The short answer is yes.

I see five powerful catalysts that tell me this is a great time to buy cannabis stocks. Continue reading “5 Reasons It’s Time to Buy Cannabis Stocks”

Columbia Care (CSE: CHWF, OTC: CHWBF): The Next 35% Gain in 2 Days?

Mergers and acquisitions (M&A) continue to heat up in the cannabis sector. This is a trend that investors need to know about because it’s creating an opportunity to pick up a quick gain.

The latest evidence?

Harvest Health and Recreation (CSE: HARV, OTC: HRVSF), one of the largest cannabis companies in the U.S., jumped 35% in five days after announcing it was being bought by Trulieve Cannabis (CSE: TRUL, OTC: TCNNF), also a cannabis giant in the U.S.

Shares of Harvest responded with a big rally. Shares jumped 35% in five days. Continue reading “Columbia Care (CSE: CHWF, OTC: CHWBF): The Next 35% Gain in 2 Days?”

2 Earnings-Beating Cannabis Stocks Ready to Move

It’s one of Wall Street’s best-kept secrets – a studied market anomaly that helps investors ride a move after a company reports an earnings surprise. And right now looks like a great time to apply this strategy to the cannabis sector after two of the most exciting cannabis stocks just crushed fourth-quarter expectations.

I’m talking about post-earnings announcement drift (PEAD) – the tendency for stocks that beat earnings expectations to deliver outsized returns in the following weeks and months. Continue reading “2 Earnings-Beating Cannabis Stocks Ready to Move”