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Why Canopy Growth Stock Is Getting Smoked Today

The Motley Fool

Canopy Growth published a press release before the market opened today announcing that it will carry out a 10-for-1 reverse stock split. The move should push the company's share price above the $1 threshold needed to continue trading on the Nasdaq stock exchange. What comes next for Canopy Growth stock?

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With More States Voting to Legalize Marijuana, Is Canopy Growth Stock a Buy?

The Motley Fool

7 to legalize recreational marijuana use for adults, there will soon be yet another state cannabis market opening in the U.S. Marijuana stocks, including Canopy Growth , (NASDAQ: CGC) rose on this encouraging news. Canopy USA could thus move forward with the acquisitions before federal legalization, at least in theory.

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Prediction: These Could Be the Best-Performing Cannabis Stocks Through 2030

The Motley Fool

More than a few are seeing their stocks approach one-year highs, thanks to optimism about impending legalization and improving fundamentals. Even after several rounds of consolidation in the industry, there are still plenty of weed stocks to consider. is currently in limbo in terms of pot laws. million in the quarter.

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Prediction: These Could Be the Best-Performing Cannabis Stocks Through 2030

The Motley Fool

The cannabis industry continues to contend with mixed legislation and legalization at the state level while a total federal ban on marijuana remains in place. Investing in any stock involves risk, especially in an industry as uncertain as cannabis currently is. stock exchange. before the end of the decade.

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Investing $10,000 in Each of These 5 Ultra-High-Yield Dividend Stocks Could Make You Nearly $4,000 in Passive Income

The Motley Fool

As a BDC, Ares Capital must return at least 90% of its taxable income to shareholders in the form of dividends. With its dividend currently yielding 9.5%, investing $10,000 in the stock would generate $950 in annual passive income. The BDC industry has grown significantly because many banks have shied away from these opportunities.

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Billionaire Warren Buffett Sold 56% of Berkshire's Stake in Apple and Is Piling Into Wall Street's Most Prominent Reverse Stock Split of 2024

The Motley Fool

During Berkshire Hathaway's annual shareholder meeting in early May, he opined that the corporate tax rate would likely climb in the future. Whereas most reverse splits are undertaken from a position of operating weakness and are necessary to avoid delisting from a major stock exchange, Sirius XM was in no danger of delisti ng.

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Want $1,000 in Annual Dividend Income? Invest $9,550 in These 2 Ultra-High-Yield Stocks

The Motley Fool

Here's why these two stocks could be far less risky than their ultra-high dividend yields suggest. Ares Capital Ares Capital is a business development company ( BDC ), which means it can legally avoid paying income taxes by distributing nearly all its profit to shareholders as a dividend. in the second quarter.

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