Five Canadian pot stocks to buy for triple-digit returns in 2020

Sep 02 18:09 2019 Print This Article

Canadian pot stocks. Dead money? The clouds have moved in over the Canadian cannabis space. Lackluster results from presumptive leader Canopy Growth Corp and a full-blown scandal via CannTrust Holdings have combined with a hundred smaller cuts to sink the returns for hot money investors used to what seemed like one-way bets. The Horizons Marijuana […]

The post Five Canadian pot stocks to buy for triple-digit returns in 2020 appeared first on Cantech Letter.

Read More

About Article Author

Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

Related Items

Shaw Communications is a good bet right now, this investor says

Shaw Communications (Shaw Communications Stock Quote, Chart, News TSX:SJR.B) hasn’t seen much movement over the past three months, but investors looking for a nice defensive play during these uncertain times could do a lot worse than this stock, says portfolio manager Stephen Takacsy of Lester As ...

How B2B Companies Can Stand Out As Different

Everyone wants to be different. But it ain’t easy. It’s easy to be like and act everyone else. It’s easy to blend into the crowd or run with the herd, thereby avoiding the spotlight for being different. But “sameness” for B2B brands is dangerous. It is difficult to identify what makes yo ...

Cruel and unusual punishment: The U.S. prison pandemic

US Politics Stay at home. Shelter in place. Maintain social distance. We now know how to slow the COVID-19 pandemic. Containment of the novel coronavirus requires that we act together, as a global community. But not everyone has the freedom to take these steps. The United States is the greatest ...

North Dakota’s Carbon Capture Project Tundra Another “Expensive Greenwashing” Attempt to Bail Out Coal Power

Read time: 4 mins Carbon capture technology has generated a lot of controversy–but little private investment–due to its lack of profitability and efficiency. So why is a proposal to retrofit an aging coal-powered plant in North Dakota with smokestack scrubbers receiving millions of federal tax ...

Google to launch Canada, US accelerator focused on women founders

Google is set to launch a new accelerator program focused on women founders in Canada and the United States. The program, called The Google for Startups Accelerator: Women Founders, is set to launch over the next few months and is open to women-led technology startups. Applications for the program ...

ModiFace, Amazon partnership allows Canadian shoppers to try on cosmetics virtually

Toronto-based ModiFace’s artificial intelligence (AI)-powered technology, which allows customers to digitally test makeup products on themselves, is now available on Amazon in Canada. “Thanks to precise colour rendering, enabled by our unique AI-powered technology, shoppers can easily try on th ...

Flower One is a beaten down pot stock worth owning: Mackie Research

Mackie Research analyst Greg McLeish likes the look of US cannabis play Flower One (Flower One Stock Quote, Chart, News CSE:FONE) after the company latest quarterly results. McLeish reviewed FONE’s fourth quarter 2019 and year-end results in an update to clients on Wednesday and maintained his ...

Fire & Flower is our Top Pick in cannabis, says AltaCorp

AltaCorp Capital analyst David Kideckel is staying with Fire & Flower (Fire & Flower Stock Quote, Chart, News TSX:FAF) as his “Top Pick” in the cannabis space after the cannabis retailer’s recent quarterly earnings. In an update to clients Tuesday, Kideckel said FAF’s Hifyre digital retail ...

MedX Health has tons of upside, says Beacon Securities

Beacon Securities analyst Doug Cooper thinks the market has so far ignored a series of recent game-changing announcements by medical technology company MedX Health (MedX Health Stock Quote, Chart, News TSXV:MDX). That scenario, said Cooper in a June 16 update to clients, makes for a prime investmen ...

Profound Medical is insulated from COVID-19, says Raymond James

Looking for bright spots within the ongoing market deluge? Raymond James analyst Rahul Sarugaser says Profound Medical (Profound Medical Stock Quote, Chart, News TSX:PRN) should be top of mind, as the company appears to be well-insulated with respect to the COVID-19 pandemic. In an update to client ...