The Motley Fool

OCTOBER 10, 2024

federal legalization, burdensome tax regimes, and competition from the black market. More notably, Green Thumb achieved a GAAP net income of $21 million and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $94 million. legal market demand. laws are reformed. As the U.S.

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The Motley Fool

AUGUST 22, 2023

Cannabis stocks are not especially appealing to investors now. Tilray Brands (NASDAQ: TLRY) and Canopy Growth (NASDAQ: CGC) have been long-time favorites of investors. When the Canadian market boomed after that nation's move to fully legalize cannabis, the companies did well. will legalize cannabis federally anytime soon.

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The Motley Fool

MARCH 28, 2024

Supreme Court's decision to give states the autonomy to legalize and regulate sports betting on their own. When the Supreme Court made its decision, five states had legalized sports betting. have embraced legalized sports betting in some form. Much of sports betting's recent surge in popularity can be credited to the U.S.

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The Motley Fool

MARCH 2, 2024

That's to say nothing of the competing illegal market, the legal problems in the U.S., Investors would have been better off investing in an exchange-traded fund that tracks the S&P 500. market once the country legalizes pot at the federal level. And that's before we consider Canopy's hopeful strategy to move into the U.S.

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The Motley Fool

DECEMBER 10, 2023

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

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The Motley Fool

MAY 12, 2024

Up more than 40%, it's been generating some impressive returns for investors. has gotten investors even more bullish about the stock and its long-term prospects. And with Aurora being one of the more recognizable names in the industry, it can attract the lion's share of the interest. Legalization in the U.S.

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The Motley Fool

MARCH 9, 2024

While the majority of Americans are in favor of legalizing marijuana, that doesn't mean that regulators have made it a priority to work on legislation or to push marijuana bills through Congress. While the assumption is that nationwide legalization will eventually come, it's anyone's guess when that might actually happen.

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The Motley Fool

OCTOBER 7, 2024

The good news, though, is that it looks like a bargain for long-term investors. Supreme Court gave states the freedom to decide how and if they'd legalize and regulate sports betting. Unfortunately, despite its encouraging business progress, DraftKings' stock price is down around 45% from its March 2021 peak. Image source: Statista.

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The Motley Fool

JULY 18, 2024

The company's earnings numbers look better, it's generating more cash flow, and there's reason for a bit of optimism. Investors certainly see a reason to be more bullish -- year to date, Aurora's stock is up an impressive 29%. Two key numbers for investors to focus on are net income and free cash flow.

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The Motley Fool

SEPTEMBER 21, 2023

But it's no secret that cannabis cultivators like Canopy have burned investors badly more than once, and there's reason to believe that some of the industry's traditional pitfalls are still very much in play. So is this stock worth a buy right now in hopes that its hot streak continues, or is it a trap for investors that's soon to close?

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The Motley Fool

APRIL 17, 2024

One thing you should know off the bat is that marijuana legalization isn't inevitable in the U.S., Investors in Cresco Labs may be disappointed with that and with the company not being more aggressive in promoting its stock, but that also means there's less potential for wild swings in its valuation.

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The Motley Fool

JANUARY 21, 2024

Cannabis stocks like Canopy Growth (NASDAQ: CGC) and Tilray Brands (NASDAQ: TLRY) are obvious places for investors to look for growth. As it turns out, one of these players is much more likely to delight investors with strong returns than the other. At least in theory. Should you invest $1,000 in Canopy Growth right now?

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The Motley Fool

SEPTEMBER 28, 2023

For the bargain-hunting investor, now is the ideal time to be on the lookout. Canopy Growth Canopy Growth (NASDAQ: CGC) is a Canadian cultivator that looks cheap and appears to be exposed to a lot of upside from cannabis legalization in the U.S., but it's a trap. But those strategic shifts have yet to pay off.

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Amortization Depreciation Earnings Before Interest Legal 246

The Motley Fool

FEBRUARY 18, 2024

The stock has struggled to win over investors in recent years. Last quarter, Canopy Growth's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) loss of just under CA$9 million was much smaller than the CA$49.7 pot market once it's legal to do so. based companies, called Canopy USA.

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The Motley Fool

DECEMBER 3, 2023

Still, the critical question is whether that's likely to be a good or a bad thing for investors. That said, while the healthcare business provides relatively stable earnings, I would argue that it's been one of the company's most disappointing in recent years. Image source: Getty Images. 3M will retain a 19.9% billion in net debt.

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The Motley Fool

AUGUST 13, 2023

The recent release of Coinbase Global 's (NASDAQ: COIN) second-quarter 2023 earnings report has sparked various reactions from investors. While the company outperformed expectations in some areas like revenue and earnings per share (EPS), the big crypto exchange also experienced declines in other important aspects.

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The Motley Fool

DECEMBER 28, 2023

The company is paying about 10 times estimated 2024 earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for these assets. That implies they will supply it with about $200 million of incremental earnings next year. That's a decent amount of additional earnings for a company on track to produce $6.6

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The Motley Fool

DECEMBER 31, 2023

But this isn't new for investors; Aurora has consistently been a bad buy. It's a painful but important reminder to investors that just because a stock has declined significantly doesn't mean it's due for a recovery -- or can't fall still more. For Aurora to turn things around for investors, it needs to be a more tenable investment.

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The Motley Fool

JANUARY 6, 2024

Investors who want to build up a truly passive-income stream are probably much better off buying these dividend-paying stocks and holding them throughout their retirement years. The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5

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The Motley Fool

SEPTEMBER 19, 2023

Today, I'll focus on four other aspects of its business that smart investors should consider before pulling the trigger. Opera is controlled by Chinese investors Opera was founded 28 years ago in Norway, but it was acquired by a consortium of Chinese investors in 2016. Image source: Getty Images.

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The Motley Fool

SEPTEMBER 10, 2024

With sports betting now legal in 38 states, it's easy to presume DraftKings ' (NASDAQ: DKNG) highest-growth era is in the past. More states are apt to legalize sports-based wagering, but that could take more time and effort than was needed to get the first 38 on board. Image source: DraftKings' 2023 Investor Day presentation.

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The Motley Fool

MAY 29, 2024

The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize sports betting. Florida has legalized online sports betting solely for the Seminole Tribe, although that action is being challenged in court.

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The Motley Fool

JULY 18, 2024

It seems almost impossible to escape at this point, but the positive is that it gives investors another industry to consider. A legalization domino effect could expand its total address market When the U.S. Even so, investors should be encouraged by how close profitability may be for it. DKNG Revenue (Quarterly) data by YCharts.

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The Motley Fool

JANUARY 9, 2024

Supreme Court declared the Professional and Amateur Sports Protection Act (PASPA) unconstitutional, paving the way for states to have the power to choose whether they wanted to legalize and regulate sports betting. had legalized some form of sports betting and were up and running. Legalization efforts seem to be gaining momentum.

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The Motley Fool

AUGUST 3, 2023

market upon federal legalization of cannabis. It also has a lot of potential in Europe, where cannabis legalization is spreading. Because of Aphria's presence in the European market before the merger, it is well positioned in Portugal and Germany. federal legalization. Furthermore, legalization in the U.S.

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The Motley Fool

MAY 12, 2024

They each have a different investment case, so let's explore why they might suit a value investor's portfolio. After all, mediocre growth, declining margins, and costly legal issues have dogged the company in recent years, not to mention question marks around the sustainability of its dividend. Image source: Getty Images.

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The Motley Fool

MAY 8, 2024

Unfortunately for its investors, LegalZoom (NASDAQ: LZ) was one of them, and not positively. Much of this comprised subscription revenue for the company's suite of legal services. Meanwhile, adjusted earnings before interest, taxes, depreciation and amortization ( EBITDA ) should land at $135 million to $145 million.

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The Motley Fool

AUGUST 23, 2023

Marijuana investors have been discouraged the past two years due to the lack of progress toward federal legalization in the U.S. Meanwhile, the Canadian cannabis market, despite being fully legal, appears to be saturated, causing problems for the companies there. Image source: Getty Images.

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The Motley Fool

JANUARY 7, 2024

The stock of DraftKings (NASDAQ: DKNG) certainly divides investors. The online sports betting company has been a favorite of "disruptive growth" investors like Cathie Wood, but it also once garnered the skepticism of short-sellers like Jim Chanos. states all legalize both OSB and iGaming, that could mean an additional $6.2

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The Motley Fool

SEPTEMBER 10, 2023

The interest has always been there. Several more states have legalized mobile gambling, and sports betting in particular. While it still provides a variety of fantasy sports offerings, it also operates a conventional sportsbook where legally allowed. What's changed for these football fans? Not a lot, actually.

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The Motley Fool

MAY 5, 2024

analysts maintained a buy rating on the shares but raised the price target from $50 to $52, reflecting the upbeat earnings report. Why buy DraftKings stock The legalization and adoption of online gambling and sports betting continues to play out, as DraftKings launched its online sportsbook in Vermont and North Carolina in the first quarter.

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The Motley Fool

AUGUST 9, 2023

What happened Shares of LegalZoom (NASDAQ: LZ) were falling today after the legal assistance platform posted in-line results in its second-quarter earnings report but said prices were falling in the industry. On the bottom line, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose from $18.1

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The Motley Fool

FEBRUARY 5, 2024

Game-changing innovations and massive new markets can create lucrative opportunities for investors. United Airlines , Boeing , and multinational automaker Stellantis are notable investors in the eVTOL pioneer. The legalization of sports gambling is gaining steam in the U.S., Image source: Archer Aviation.

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The Motley Fool

JANUARY 10, 2024

It's quite the accomplishment, and at current levels, some investors might think that it is worth buying shares of Aurora Cannabis. It also reported a record adjusted earnings before interests, taxes, depreciation, and amortization ( EBITDA ) of CA$3.4 Better yet, what if legalization at the federal level happens?

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The Motley Fool

AUGUST 24, 2023

Most growth stocks have outperformed or are on par with the market, attracting investors' attention. Bargain-priced stocks can sometimes be a great place for savvy investors to explore for opportunities. Despite temporary hurdles, it continues to generate earnings and raise dividends. million in its fiscal Q4. are paying off.

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The Motley Fool

FEBRUARY 5, 2025

Because of the murky legal status of marijuana, with conflicts between state and federal regulations, many banks refuse to offer services to marijuana companies. Competition has been fierce among the legal growers, and, at the same time, illegal marijuana sales have remained a material portion of the industry. The current 10.6%

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The Motley Fool

JANUARY 15, 2024

billion in growth capital from its growing list of prominent investors and partners. Today, you have a chance to get in at the ground level before this small-cap company takes flight and ignites a potentially massive, trillion-dollar market. Governments around the world are legalizing sports betting to boost tax revenue.

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