Soaring cannabis stocks make us wary

Read Next Article →
Investment Outlook

Marijuana stocks have soared in the weeks leading up to today’s legalization of recreational cannabis. But those skyrocketing share prices also give us reasons to be wary.  

FREE REPORT
Recreational cannabis is now legal in Canada!
See how marijuana stocks are likely to fare… Read More

Q: Hi, Pat and company. Thanks for all of your great advice over the years. I wanted to ask you for your view of Namaste Technologies. Thanks!

A: Namaste Technologies, $2.68, symbol N on the Toronto Venture Exchange (Shares outstanding: 275.2 million; Market cap: $755.7 million; www.namastetechnologies.com), is a Toronto-based e-commerce business that sells vaporizers and other cannabis accessories. It owns 30 websites, under various brands, in over 20 countries.

The company has… Read More

Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More