Will U.S. Follow Canada & Mexico & Legalize Recreational Cannabis? Canada legalizing recreational marijuana in October 2018 was a big deal. It was the first major economy outside of Uruguay to do so. It was a boon for the cannabis industry and long-suffering marijuana stocks. Since then, there have been predictions... Read more
Marijuana Stocks to Benefit as Cannabis Market Grows The numbers are in, and they look good: almost every projection shows the marijuana market growing exponentially in the next few years. What does that mean for pot stocks? It means they’re projected to see major growth in the next few... Read more
Technical Picture for the Stock Market Remains Bullish The first anniversary of when the World Health Organization designated the COVID-19 virus a global pandemic recently passed. The impact of the pandemic on the stock market was brutal and not seen since the market meltdown in 2008, which was triggered by... Read more
Eight years after it was first introduced, federal legislation that would give cannabis companies in Colorado and across the country access to the banking system is back in Congress. And its co-sponsors, Democrat and Republican, are sounding bullish. The Secure and Fair Enforcement Banking Act, or SAFE Banking Act,... Read more
This Tech Stock Could Be Special Technology stocks had a great run last year due to their pandemic-proofness. Because technology allowed us to work, go to school, and play from home during the lockdowns, many tech stocks shot up while traditional sectors struggled. Just look at how much the... Read more
Corning Stock Looks Bullish in 2021 Corning Incorporated (NYSE:GLW) is one of those quiet, under-the-radar 5G stocks that continues to outpace the broader market. While many tech stocks, even well-established ones, gave up solid gains during the late-February sell-off, GLW stock did the opposite. As of this writing, Corning... Read more
As Economy Grows, Marijuana Stocks Could Benefit Let’s not split hairs: the future of weed stocks rests on legalization, the most important being federal U.S. pot legalization. Other countries, like Germany, are also considering marijuana legalization with more regularity. But that doesn’t mean pot stocks are divorced from the... Read more
Arrow Electronics, Inc. Shares Continue to Rally on Record Q4 Results Shares of Arrow Electronics, Inc. (NYSE:ARW) have been on an incredible run since the broader market bottomed in March 2020, rallying by an impressive 176% since then. ARW stock is also up more than 10% in 2021. Arrow... Read more
Looking for Pot Stocks? Read This Owning pot stocks can feel like being on a roller-coaster ride. Just ask anyone who held Cronos Group Inc (NASDAQ:CRON) stock over the last few months. When I wrote the article “Cronos Group Inc: This $7 Pot Stock Could Be Special” for Profit... Read more
GrowGeneration Stock Up 1,564% Year-Over-Year; Still Has Lots of Room to Run I’ve been practically begging readers to check out GrowGeneration Corp (NASDAQ:GRWG) for years now. And for good reason. Early pot investors were attracted to cannabis growers that promised roads paved with gold. That has yet to materialize,... Read more