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Cannabis Stocks Outperform The Market In The First Day Of Trading

As goes January so goes the market is an often quoted saying by traders.  While it is to early to know what the rest of January will bring, the first day of trading has gotten off to a solid start for the cannabis sector. 
The ETFMG Alterna…

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Cannabis Stocks Outperform The Market In The First Day Of Trading

As goes January so goes the market is an often quoted saying by traders.  While it is to early to know what the rest of January will bring, the first day of trading has gotten off to a solid start for the cannabis sector. 

The ETFMG Alternative Harvest ETF was up a solid 5.93% on the day.  The S&P 500 had another wild day and opened down over 1% before charging higher to a near 0.50% gain before retreating to a minor 0.12% finish. 

Meanwhile the cannabis stocks opened higher and remained positive throughout the day.

Continue reading Cannabis Stocks Outperform The Market In The First Day Of Trading at The Blunt Investor.

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Aphria

Corparate Cannabis Announces Mega-Merger (MarketWatchers Declare HOLD)

CANNABIS CULTURE – Corporate Cannabis firms Tilray and Aphria have announced they will merge.  The result will be the largest licensed producer on the corporate cannabis scene — and market watchers  are skeptical whether this will be a net-positive fo…

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CANNABIS CULTURE – Corporate Cannabis firms Tilray and Aphria have announced they will merge.  The result will be the largest licensed producer on the corporate cannabis scene — and market watchers  are skeptical whether this will be a net-positive for the industry or yet another money pit. Tilray reported a loss of over $250 million in 2020 according to the report it filed with the Securities and Exchange Commission.  Tilray CEO Brendan Kennedy did not…

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Aphria

Top Cannabis Stocks Under $5

Pot stocks have been flying of late, but these three stocks are still not that expensive. Investors are bullish on marijuana stocks again, and now could be the time to buy some cheap pot stocks before they take off. With the Horizons Marijuana Life Sci…

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Pot stocks have been flying of late, but these three stocks are still not that expensive. Investors are bullish on marijuana stocks again, and now could be the time to buy some cheap pot stocks before they take off. With the Horizons Marijuana Life Sciences ETF down more than 70% over the past year, many pot stocks are trading at their lowest levels ever. And although some have been rallying in recent days, there are…

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Aphria

Cannabis Canada: Aphria Expects Full Capacity at Newly-Licensed Diamond Facility: Interim CEO

Aphria to ramp up newly-licensed facility to full capacity, relies on automation to drive down production costs: interim CEO Aphria Inc. plans to bring its newly-licensed Diamond facility to full capacity in the coming weeks to meet demand for vaping a…

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Aphria to ramp up newly-licensed facility to full capacity, relies on automation to drive down production costs: interim CEO Aphria Inc. plans to bring its newly-licensed Diamond facility to full capacity in the coming weeks to meet demand for vaping and edible products, the company’s chairman and interim CEO said while shrugging off any concern about oversupplying the Canadian cannabis market. The Leamington, Ont.-based company announced Monday it received a cultivation licence from Health Canada…

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