Tag: Cannabis Stocks

Canadian Cannabis Stocks are Surging

Posted on by The INO.com Team

Analysis originally distributed on November 16, 2016 By: Michael Vodicka of Cannabis Stock Trades

It’s been a tale of two markets for cannabis stocks.

On one hand, U.S. cannabis stocks have struggled since eight U.S. states approved new marijuana programs last Tuesday.

For example, industry leader Terra Tech (TRTC) is down 18% in the last five days. Kush Bottles (KSHB) is down 35%.

On the other, Canadian cannabis stocks have been killing it.

Canopy Growth Corp (CGC), the largest medical marijuana company in Canada is up 74% in the last week. Aphria (APH) is up 51%. Organigram (OGI) is up 46%.

Chart of Canopy Growth Corp.

Chart courtesy of StockCharts.com

This has a lot of cannabis investors scratching their heads.

After all, didn’t the U.S. market just see a big wave of legalization? Continue reading "Canadian Cannabis Stocks are Surging" →

Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes

Posted on by The INO.com Team

Analysis originally distributed on November 10, 2016 By: Michael Vodicka of Cannabis Stock Trades

The results are in. November 8, 2016 will go down in history as a great day for the legal cannabis industry and the world.

Nine U.S. states had medical and recreational marijuana programs on the ballot. From those nine states, eight have voted yes.

On the recreational side, four out of five states have approved new initiatives.

  • California: passed
  • Massachusetts: passed
  • Nevada: passed
  • Maine: passed
  • Arizona: failed

As you can see this list includes California, the world’s largest marijuana market.

On the medical side, all four states voted yes.

  • Florida: passed
  • Arkansas: passed
  • Nevada: passed
  • North Dakota: passed
  • Montana: passed

Florida looked like a huge baller this election cycle.

Not only did it virtually decide the presidential election as a key swing state, it also decided to throw another log on the fire and legalized medical marijuana for good measure.

These results mark a watershed moment for the legal cannabis industry. I expect these additional legalizations to serve as a huge catalyst for the industry.

On January 1, 2017, 29 states, more than half the country, will have medical and recreational programs in place.

That will create new jobs, increase tax revenue and decrease crime.

I also expect it to be a powerful catalyst for marijuana stocks. Continue reading "Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes" →

The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks

Posted on by The INO.com Team

Analysis originally distributed on November 1, 2016 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks are red hot.

The MJIC North American Marijuana Stock Index is up more than 130% in the last six weeks. Take a look below.

Chart of The MJIC North American Marijuana Stock Index

In the meantime, the S&P 500 is up 5% on the year.

I’m not trying to dis the S&P 500. These are the best companies in the world and that’s actually a respectable performance.

But for investors looking for growth, the question has been answered. Yes. Cannabis stocks are the place to be in 2016. Continue reading "The North American Marijuana Stock Index Is Up More Than 130% In The Last Six Weeks" →

3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016

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We could not be more excited to share this post from Micheal Vodicka of Cannabis Stock Trades!

Cannabis Stock Trades is an exciting new site that will help traders profit from the explosive legal cannabis industry. Cannabis Stock Trades is powered by INO.com.

The U.S. economy is in a funk.

Second-quarter gross domestic product (GDP), the broadest indicator of economic strength, clocked in at just 1.1%, well below expectations of 2.4%.

In economics, 1.1% GDP growth is the equivalent of “holding your nose just above water.”

In the meantime, the S&P 500 is mired in a nasty earnings recession. Earnings have now declined for the last five quarters. The last time that happened was in 2009 during the financial crisis.

The weak economy has created a dilemma. Investors are desperately searching for growth.

I've got the solution. Continue reading "3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016" →

14 Cannabis Stocks To Watch In 2014

Posted on by The INO.com Team

By Alan Brochstein, The 420 Investor

The green rush is here.

More than 20 states have approved marijuana use for medicinal purposes and Colorado and Washington are opening up the plant for recreational use. Marijuana companies rose more than 50 percent in 2013 and opened 2014 with a bang, rising almost 150 percent in just three weeks.

This list gives an overview of publicly traded marijuana stocks worth over 50 million, including hydroponic companies, vaporizer producers and research houses for medicinal purposes.

Medbox - Medbox (OTC: MDBX) rose from $23 to $93 in a matter of five trading sessions, with the peak on January 8. This is a great example of uninformed investors pouring their money into a hot name. The company makes automated dispensing solutions for medications, including marijuana. Medbox has the largest market capitalization of cannabis focused stocks, close to 1.2 billion. It also does not file with the SEC. Continue reading "14 Cannabis Stocks To Watch In 2014" →