Cannabis IPOs have a proven history of delivering big returns in a short amount of time.
Medreleaf (TSE: LEAF) is a great example.
Medreleaf became the largest Canadian cannabis IPO ever in June 2017. Investors were eager to buy and shares quickly began rising.
Less than 12 months later, shares are up 275% from the IPO price. Continue reading “Is this Canadian Cannabis IPO the Next 275% Winner in 12 Months?”
Back in January 2018, California legalized recreational cannabis. It was a huge breakthrough for the US cannabis industry and it sent cannabis stocks operating in California soaring.
For example, Innovative Industrial Properties (NYSE: IIPR), a US cannabis company headquartered in San Diego California, jumped almost 100% in the month leading up to California going legal. Shareholders were rewarded with some big gains in a short time. Continue reading “Massachusetts Going Legal – 3 Permits Winners Ready to Profit”
Life up in the hills also used to mean no paperwork, since you needn’t apply for any licenses or pay any taxes on an illicit crop. Any type of physical documentation of the process could only prove incriminating anyway. Even during the “grey market” in medical cannabis—which started with the passage of Prop 215 in 1996, and ended this January with the state’s implementation of “seed-to-sale” tracking of all commercial cultivation and distribution—the regulatory burden for small growers often involved little more than having the phone number of a good lawyer handy, just in case. Continue reading “Flow Kana: California’s Last Best Hope for Craft-Scale Success”
Canadian cannabis stocks got a big jolt this week after an early industry leader announced it has applied for a listing on the New York Stock Exchange. This looks like the beginning of a new trend in the cannabis sector – and today I am going to reveal three strategies to potentially profit.
Canopy Growth Corp (TWMJF) announced on Monday that it has applied to be the first Canadian cannabis company to trade on the New York Stock Exchange. Continue reading “Canopy jumps 10% on NYSE Application”
In a stunning reversal, powerful conservative politicians are suddenly expressing major support for the cannabis industry.
Most importantly, President Trump has promised to support federal legislation to protect state cannabis laws.
This revolutionary shift in US cannabis policy is creating a huge opportunity for investors. Continue reading “Trump Reversal Unleashing $25B For US Cannabis Industry”
US cannabis stocks got a big jolt last month after President Trump promised to support cannabis.
After taking a short breather, it looks like US cannabis stocks are ready for another push higher.
The MJIC US cannabis index in a formation known as a Bullish Flag – a formation on the chart that frequently leads to an upside breakout and new high. Continue reading “Looks like US Cannabis Stocks Are Ready for Another Push Higher”
Democrats are increasingly embracing looser restrictions on marijuana — and a growing number of high-profile Republicans are joining them, marking a shift in the politics of cannabis.
As Democrats try to regain control of Congress in the November elections and make gains in state races, some strategists are wagering that being firmly on the side of easing marijuana laws will help boost turnout among millennials, a key bloc in the party’s coalition. Many of those voters have sat out recent midterms. Continue reading “Democrats say looser marijuana laws attract young voters, and some Republicans are catching on”
There are few things that can send a stock soaring like a buyout. Right now I see a wave of buyouts ready to pop off in the Australian cannabis sector- and I want to show you how you can profit. Let’s take a closer look.
Cann Group, Inc. (ASX: CAN, OTC: CNGGF) is an early industry leader in Australia’s high-growth cannabis market.
In 2017, it became the first Australian recipient of research & medicinal cannabis cultivation licenses and the only company to have licenses reissued for year two. Continue reading “Is This Second Australian Cannabis Stock a 455% Winner?”