Tag: Cannabis Stocks

The #1 Stock To Invest In Cannabis Edibles

Posted on by Michael Vodicka

Cannabis edibles are expected to be one of the fastest growing cannabis subsectors in the next four years.

According to a recent report by leading cannabis research firm Arcview Market Research, spending on edibles in the US topped $1 billion in 2018.

With Canada set to legalize edibles this year and more US states legalizing medical and recreational cannabis, the cannabis edibles market is set to explode in the next four years. Arcview estimates annual sales of edibles in the US and Canada could hit $4.1 billion by 2022.

Arcview CEO’s, Troy Dayton, said, “Established big-brand food and beverage companies are beginning to take notice of the cannabis edibles market and this is likely just the tip of the iceberg. As the edibles business grows and regulatory fears ease, the pace of intra-industry mergers and outside acquisitions will increase as well.”

It is obvious that this market is set to explode higher in the next few years. This is creating another great investment opportunity.

Cannabis Edibles

Today, I am going to reveal a promising young, US cannabis company that is in position to capitalize on the pending boom. Continue reading "The #1 Stock To Invest In Cannabis Edibles" →

New York Wants To Legalize Cannabis in 2019

Posted on by Michael Vodicka

New York is on the fast track to becoming the second largest recreational cannabis market in the United States. Today I am going to reveal two promising young cannabis companies operating in New York that are in position to benefit.

New York governor Andrew Cuomo revealed some big news in late December when he announced that legalizing recreational cannabis would be one of his top priorities in 2019.

Here are some more details from the New York Times.

Gov. Andrew M. Cuomo announced that he would push to legalize recreational marijuana next year, a move that could generate more than $1.7 billion in sales annually and put New York in line with several neighboring states. The highly anticipated proposal came in a speech in Manhattan on Monday, in which the governor outlined his agenda for the first 100 days of his third term.

This is big news for the US cannabis industry. If New York achieves its goal – that’s what I expect – it would almost instantly make the state one of the largest cannabis markets in the country.

The New York comptroller released a study in May that predicted New York cannabis market would grow into a $3.1 billion annual industry.

This is creating another great investment opportunity. With billions set to flow through New York’s cannabis market every year, cannabis companies are scrambling to cash in. Continue reading "New York Wants To Legalize Cannabis in 2019" →

3 Reasons Why You Should Still Avoid MJ, The Marijuana ETF

Posted on by Matt Thalman

2018 was a tough year for long-term buy and hold marijuana investors. As a whole, the industry went on quite a wild roller-coaster ride. Marijuana stocks popped in December 2017 as anticipation for the ‘legalization’ of the drug occurred in the state of California on January 1st, 2018. We saw stock prices and the ETFMG Alternative Harvest ETF (MJ) jump as investors anticipated a ‘boom’ for the industry.

But, within a month or so of the legalization date, most of the marijuana-related stocks have fallen in price and MJ was trading below its December 2017 price. A few months went by, and most of the industries stocks just meandered along. Then the next big ‘legalization’ date grew near, October 17th, 2018, the day marijuana became legal in Canada.

The price of most of the well known and many of the lesser-known marijuana stocks, and MJ of course, once again began to ski-rocket. MJ, for example, went from $24 per share in August 2018, to as high as $45 per share, with its peak occurring just days before October 17.

Each time a new State or large country legalizes the drug, the companies in the industry experience an unfound increase in their valuation as investors buy shares at an insanely high rate. This type irrational buying leading up to a hyped up, essentially arbitrary date has put a lot of investors in a really bad place in 2018. MJ for one is down more than 24% in 2018, while other individual marijuana companies have seen their stock prices fall even further. Continue reading "3 Reasons Why You Should Still Avoid MJ, The Marijuana ETF" →

Chicago Ready To Legalize Cannabis

Posted on by Michael Vodicka

Chicago just took a big step toward becoming the cannabis capital of the Midwest. Not only would that be good for the broader US cannabis industry – it would be great news for two young and promising cannabis companies operating a string of cultivation facilities and dispensaries all across Chicago and Illinois.

The catalyst for Chicago’s cannabis potential? Governor-Elect JB Pritzker.

Pritzker is a major advocate of legalization. It was a staple of his campaign and now that he has won Pritzker says his goal is to legalize recreational cannabis as quickly as possible.

According to a recent report from the Chicago Tribune, Illinois legislators are expected to introduce a bill as early as January that could be passed by May.

Sponsors plan to introduce a new legalization bill in January and hope to get it passed before the session ends in May. The proposed measure would allow the commercial sale and regulation of marijuana, similar to alcohol, for adults 21 and over. There would probably be a six-month waiting period for officials to draw up rules before issuing licenses for growing and selling it. Sponsors say existing medical marijuana companies would likely get the first crack at sales.

Illinois already has a booming medical cannabis industry. Continue reading "Chicago Ready To Legalize Cannabis" →

O, Canada! Huge Day For Cannabis Investors

Posted on by Michael Vodicka

O, Canada! What a historic moment for the cannabis industry!

Canada just became the first developed country in the world to legalize recreational cannabis.

Now that legalization has set billions of dollars in motion, Cannabis Stock Trades members are in a prime position.

We've been prepping our portfolios to capitalize on this giant day and it's finally here.

Cannabis stocks have a clear history of jumping higher before and after these key legalization dates.

Let's take a look at three recent examples.

1. Cannabis stocks soared when Colorado went legal on Jan 1, 2014.

On January 1, 2014, Colorado became the first US state to legalize recreational cannabis.

It was a breakout moment for the US cannabis industry – and it sent US cannabis stocks soaring. Continue reading "O, Canada! Huge Day For Cannabis Investors" →