Out Fox The $treet

Aurora Cannabis agrees to buyout distribution partner in Mexico after one business day. The company has now formed an extensive global distribution and partnership network at the cost of major shareholder dilution. A legitimate investor should question whether Mexicans will buy Canadian cannabis with readily available domestic supplies. Maintaining key support at $5.40 is crucial for owning this cannabis stock. When a company issues news seen as generally bullish by the investor community and the stock declines, investors should start asking more questions. Shareholders of   Aurora Cannabis   ( ACB ) find themselves in that situation with the stock trading down slightly on the news of buying the only licensed importer of medical cannabis in Mexico. The deal sounds too good to be true reinforcing my   investment thesis   of watching the price action in the stock for confirmation that a leader in the cannabis sector is headed in the right direction. R...

A recent IPO might provide the a great opportunity to invest in Mexico's air travel boom.  Volaris Aviation ( NYSE: VLRS     ) , a leading ultra-low-cost-carrier (ULCC) in Mexico, provides access to leading manufacturing hubs, and it could make a great play on the general overall growth in Mexico's economy and air travel. Like most of Latin America, the majority of Mexicans travel around the country on buses. While the country's highly inefficient highway network makes bus travel time-consuming, the nation's many lower-income travelers prefer buses' cheaper fares, helping the system stay in business. But now, Volaris Aviation promises the ability to match bus fares in some areas, providing consumers with a much better travel alternative. Read the full article here . Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

As the Mexican government moves to reform the slumping energy industry, a whole slew of firms in the US stand to benefit. According to a Merrill Lynch report  , analysts estimate that Mexico spent about $8 billion on drilling and completion (D&C) services in 2012 and expect that number to jump another $2.5 billion in the next two years. Merrill Lynch lists a slew of stocks that will benefit from the hydrocarbon surge in Mexico. The firms include the typical large oil service and equipment providers, as well as offshore drilling specialists. Remember that a prime reason for the decline in oil output from Mexico has been a lack of expertise in drilling complicated offshore wells. While this might be a scenario where a rising ship raises all boats, a few stocks stand out to benefit the most. Read the full article here . Disclosure: Long WFT. Please review the disclaimer page for more details. 

Most people won't be surprised to learn that Mexico is leading the world in drug/gang related deaths over the last few years. Some 28,000 people have been killed since 2006 and 11 majors have been executed just this year. What would surprise everybody including myself is the Mexico stock market has lead the world recovery since its peak in 2007/2008 from the financial crisis. In fact, as of yesterday, Mexico was the only stock market to recover its complete losses and post a new high. This while the US stock market is down some 27% from its all time high at the peak in October 2007. More proof that US investors remain too focused on the domestic market and oblivious to the opportunities around the world. Its also another sign that all assets have a price at which they become attractive. Doesn't matter if tourists might not feel safe in the country anymore, as long as the country is capable of producing more goods. Also with the increase of power in Asia and rise in transport...