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Tags: Earnings
Stocks: APHA

Here Are the Cannabis Earnings Reports I'm Watching in This Big Revenue Quarter

By Greg Miller, Director of Cannabis Investing Research, Money Morning • August 17, 2019

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Greg MillerGreg Miller

In the last few months, we've seen just a few scandals - some very minor - push marijuana shares' prices down. That's natural in a new industry like this.

On Aug. 1, Aphria Inc. (NYSE: APHA) shares opened at $5.35. But after it reported earnings, APHA zoomed to an intraday high of $7.45 on Aug. 2; that's a nice 39%, one-day "pop."

The company increased its net cannabis revenue by 85%, which is a big deal. And I don't think Aphria will be alone when it comes to that kind of healthy revenue growth.

That's why I'm looking at this list of the biggest cannabis stocks right now. They're going to report next week in a big and potentially very profitable wave...

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

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Greg MillerGreg Miller

About the Author

Browse Greg's articles |

Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.

During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.

After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies.  He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.

… Read full bio

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