If you plan to invest in marijuana stocks, you’ll need to do your homework. You may also be able to minimize your risk by investing in a company who has connections to marijuana but is not exclusively marijuana stocks, such as Scotts Miracle-Gro (NYSE: SMG). The core piece of Scotts Miracle-Gro's business is still gardening, but the company also provides support services in the marijuana industry.
MarketBeat » Marijuana Stocks
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Admittedly, CannTrust has had a rough 2019. News broke that the company was using unlicensed growing rooms, the CEO was fired, and to top it all off, millions of dollars’ worth of marijuana was returned due to issues with the unlicensed growing rooms. So why is it one of the best marijuana stocks? The company seems to be turning itself around. And due to its rough 2019, the stock is currently trading at a much lower price than earlier this year. In fact, CannTrust is one of MarketBeat’s..
MarketBeat » Marijuana Stocks
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As you can see, stocks that pay dividends can be incredibly appealing investments. When comparing stocks that pay dividends, make sure to compare dividend yield and not just the price of the dividend. What is dividend yield? This is an important concept to understand. A dividend yield is calculated by dividing the current annual dividend (per share) by the current stock price.
MarketBeat » Marijuana Stocks
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2y ago
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Whether you’re looking to invest in the best growth stocks, or you’re only interested in the best cheap stocks to buy, you can likely find something that meets your needs in the marijuana market. If you decide to invest in marijuana stocks and are looking for companies that also pay dividends, you have a few options. Three companies that have recently paid some of the highest dividends in the marijuana industry are Altria Growth, Molson Coors Brewing, and Scotts Miracle-Gro.
MarketBeat » Marijuana Stocks
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2y ago
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Due to changing laws and regulations, marijuana is becoming legal in more states in the U.S. and in more countries all over the world. With the rapid growth in this industry, you may be wondering whether to add some marijuana stocks to your portfolio. Before investing in marijuana stocks, there are a few things to know.  How to invest in marijuana stocks.
MarketBeat » Marijuana Stocks
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2y ago
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