Tag: cannabis stock

Here is the First Fortune 500 Marijuana Stock

By Charles Bovaird, Investopedia.com Constellation Brands, Inc. (STZ)—a Fortune 500 company that owns brands such as Corona beer, Black Velvet Whisky and Casa Noble tequila—recently agreed to take a 9.9% stake in Canadian marijuana company Canopy Growth Corp. (TWMJF). The two companies plan to work together to develop and market beverages that will be infused with Cannabis, …

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This Marijuana Stock Is Up 2,500%

By Sean Williams, The Motley Fool The legal-marijuana industry is growing like a weed, and marijuana-stock investors simply can’t help taking notice. Last year, according to cannabis research firm ArcView, North American legal-pot sales grew by 34% to $6.9 billion. This, however, is just the tip of the iceberg. You see, ArcView also estimated that $46.4 …

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This Marijuana Stock is Worth $1 Billion – Should You Buy In?

By Todd Campbell, The Motley Fool The marijuana stock market is quickly growing, with one company already worth $1 billion. Medical marijuana use in the U.S. is picking up steam, but in Canada, the marijuana market is getting white hot, and that’s caused Canadian marijuana stocks like Canopy Growth Corporation (TSX:CGC)(NASDAQOTH:TWMJF) to soar to sky-high …

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