Tag: recreational cannabis

2 Profit Triggers Could Send This Stock Soaring In 2018

Posted on by The INO.com Team

Analysis originally distributed on Decemberber 20, 2017 By: Michael Vodicka of Cannabis Stock Trades

Last week I shared a list of 6 cannabis stocks I expect to profit from the legalization of recreational cannabis in California.

This week I am going to take a deeper dive into one of my favorite stocks from the list.

  • This is a good stock to profit from California
  • It's also a broad play on the US cannabis sector
  • Third-quarter sales were up 86% from last year
  • Shares just spiked into a 52-week high
  • I see plenty more gains ahead.

GrowGeneration (OTC:GRWG) is a US cannabis company headquartered in Denver, Colorado.

Shares are traded in US, OTC markets under the ticker symbol GRWG.

GrowGeneration owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 13 stores, which includes 9 locations in Colorado, 2 locations in California, 1 in Las Vegas and 1 location in Seattle.

GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Continue reading "2 Profit Triggers Could Send This Stock Soaring In 2018" →

3 Cannabis Stocks Profiting from Germany's New Medical Program

Posted on by The INO.com Team

Analysis originally distributed on September 20, 2017 By: Michael Vodicka of Cannabis Stock Trades

Germany is quickly beginning to look like the next mega market for medical and eventually recreational cannabis. This is creating another big opportunity for savvy investors who are following the story and staying ahead of the curve.

Today, I am going to show you how you can profit.

But first - a little background.

Germany is the beating heart of Europe.

It is the largest country in the European Union with a population of 81 million.

It also has the largest economy in the European Union by a long shot. Its gross domestic product clocked in at $3.5 billion in 2016. Its per capita GDP of $42,000 makes it one of the wealthiest countries in Europe.

Companies that can gain access to the German consumer market have an opportunity to access tens of millions of wealthy consumers.

This is particularly true in Germany's young medical cannabis market. Continue reading "3 Cannabis Stocks Profiting from Germany's New Medical Program" →