The #1 Stock for the US Hemp Boom

Canopy Growth Corp (CGC, WEED), the largest cannabis company, just made history in the US cannabis industry.

Canopy just became the first cannabis company ever to receive a permit from the state of New York to grow hemp.

This is a big win for Canopy and a shot in the arm for the US hemp industry. The new license gives Canopy a valuable first-mover advantage in the high-growth US hemp market. That should help Canopy build on its early industry leadership in the global cannabis market. Continue reading “The #1 Stock for the US Hemp Boom”

High-Level Coalition Launches Campaign Supporting Legalization in Minnesota

As a congressman, Tim Walz pushed the Department of Veterans Affairs to study medical cannabis for military veterans. And now, as the newly elected Governor of Minnesota, Walz wants to make it the next U.S. state to legalize marijuana. In fact, Walz’s tax-revenue-generating, economic-opportunity-creating, racial-disparity-reducing stance on legalization led Forbes to predict that Minnesota would indeed be the next legal-weed state. Continue reading “High-Level Coalition Launches Campaign Supporting Legalization in Minnesota”

Attorney General Nominee Will “Not Go After” Marijuana Companies

Attorney general nominee Bill Barr says he would “not go after” marijuana companies in states where cannabis is legal.

Barr said at his confirmation hearing on Tuesday that companies had relied on Obama-era guidance that kept federal authorities from cracking down on the pot trade in states where the drug is legal. Continue reading “Attorney General Nominee Will “Not Go After” Marijuana Companies”

KushCo Holdings Inc (OTCMKTS:KSHB) Knocks it Out of the Park Again

We have been fans of KushCo Holdings Inc (OTCMKTS:KSHB) for quite a while. The company consistently beats the market’s expectations for a pick and shovel in the cannabis space. To wit: KSHB just announced its Q1 financials for fiscal 2019. According to the release, revenue was up 186% year-over-year to $25.3 million. Revenue exceeded the previous quarterly high of approximately $20 million in the fourth fiscal quarter of 2018, representing a 26.5% increase. On a GAAP Basis, gross profits were equal to 12.8%, compared with 34.8% in the prior year period. Continue reading “KushCo Holdings Inc (OTCMKTS:KSHB) Knocks it Out of the Park Again”

New York Wants to Legalize in 2019 – 2 Cannabis Stocks Looking to Capitalize

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. Continue reading “New York Wants to Legalize in 2019 – 2 Cannabis Stocks Looking to Capitalize”

Cannabis Sector up 17% in 2019 – KSHB & CVSI Breaking Out?

In this quick video, I’m going to give an update on the cannabis sector as a whole. I am also going to share the name of two stocks that I think may break out.

CST members, be sure to log into your member-exclusive CST site for a full analysis and a plan on how we’re going to position ourselves to ride these potential breakouts.

Florida’s Largest Cannabis Provider Enters Deal With Colorado-Based Edibles Company

It’s been a tough ride for medical marijuana users in Florida, where 71 percent of voters approved legislation to make therapeutic cannabis legal back in 2016. Smokable cannabis became the source of major political strife, and only now does it looks like edibles may soon become available to patients. The state’s first and biggest medical marijuana provider Trulieve announced on Wednesday that it’s signed a contract with an out-of-state company to supply Floridians with cannabis-laced snacks. Continue reading “Florida’s Largest Cannabis Provider Enters Deal With Colorado-Based Edibles Company”

TILT Holdings Targets ‘Every Stage Of The Cannabis Supply Chain’ With M&A Strategy

TILT Holdings Inc (OTC: SVVTF), which has amassed businesses primarily focused on providing B2B solutions, is an example of a cannabis company with operations in both Canada and the U.S.  Continue reading “TILT Holdings Targets ‘Every Stage Of The Cannabis Supply Chain’ With M&A Strategy”

My #1 Stock For 2019 – Find this stock “Down Under”

2019 is here so I wanted to share my #1 cannabis stock for the year.

What does #1 mean? It’s not an exact science – it’s a stock I think has a high probability of generating a market-beating return in 2019.

Bigger picture – it’s a stock that I like a lot, and I think has a lot of long-term potential. Continue reading “My #1 Stock For 2019 – Find this stock “Down Under””