NJ Ready to Legalize – 4 Cannabis Stocks to Watch

New Jersey is on the fast track to legalizing recreational cannabis – and once again this is creating another great investment opportunity. I see four exciting cannabis companies that are ready to capitalize.

New Jersey gave the US cannabis industry a big jolt yesterday after New Jersey Governor, Phil Murphy, and state legislators announced they had agreed on legislation that would legalize recreational cannabis. Continue reading “NJ Ready to Legalize – 4 Cannabis Stocks to Watch”

Oregon’s Marijuana Surplus Not Gloom and Doom of Booming Market

The Oregon Liquor Control Commission at the end of January issued a study claiming there’s enough marijuana to supply the state’s recreational market for 6.5 years.

The “2019 Recreational Marijuana Supply and Demand Legislative Report” stated the finding was in theory and stems from over-production.

Brandon Krenzler and Erin Purchase argued just how theoretical the finding is. They own and operate Kind Leaf, one of the three retail marijuana stores in Pendleton, and employ about 30 people. They said the market is far from collapsing, and much of the surplus is stuff that will not sell. Continue reading “Oregon’s Marijuana Surplus Not Gloom and Doom of Booming Market”

Make Marijuana Legal? Gen X, Millennials, and Generation Z Say Yes. Most Boomers? Nope

There continues to be a substantial push toward the legalization of marijuana in the United States. Across demographic groups, all but one generation of Americans support the legalization of cannabis, according to a Quinnipiac poll released Wednesday.

The only group not ready to let everyone legally light up? Adults over 65 years of age. Only 44% of that age group said they would support legalization, while 49% were against it. “The baby boomers say no to the drug that helped define an era, while the millennials say bring it on,” noted Tim Malloy, the assistant director of the Quinnipiac University Poll. Indeed, 85% of voters ages 18 to 34 years old said they were in favor of legalized weed, and among older millennials and Gen X voters surveyed, ages 35 to 49, 63% were also in favor of legal pot. Continue reading “Make Marijuana Legal? Gen X, Millennials, and Generation Z Say Yes. Most Boomers? Nope”

5 Smokin’ IPOs to Watch

There has been a flurry of US and Canadian cannabis companies going public this year.

Many traders, including our Cannabis Stock Trades members, are closely following these up-and-coming companies and optimizing their portfolios for opportunities with massive growth.

Remember, not all IPOs are created equal. Just because a company can get listed on a major exchange doesn’t mean its share price will thrive.

I’m going to share five of my favorite recent Initial Public Offerings (IPOs) in the cannabis sector.

I believe that these are strong companies with great long-term potential. My Cannabis Stock Trade members receive detailed research reports on these stocks and access to a model cannabis portfolio that has gained 100% since its inception in January of 2017.


Dixie Brands Inc. (CSE:DIXI, OTC:DXBRF)

Headquarters: Denver, CO
IPO Date: 11/29/18
Market Cap: 107.3M
Avg. Daily Volume: 373, 539

Dixie Brands Inc. is an early leader in the high-growth cannabis edibles market, with one of the best edible product portfolios in the business. Despite its great potential, Dixie looks undervalued compared to many other companies in the cannabis sector. Long-term, I see big things happening for Dixie with the cannabis edibles market expected to see big sales growth in the next few years.


Cresco Labs, Inc. (CSE:CL, OTC:CRLBF)

Headquarters: Chicago, IL
IPO Date: 12/03/18
Market Cap: 269M
Avg. Daily Volume: 153,008

Cresco is a multi-state, vertically integrated cannabis company that is a direct play on Illinois’s plan to legalize recreational cannabis in 2019. Cresco owns an impressive portfolio of cannabis cultivation facilities, cannabis dispensaries, and branded cannabis products. Shares have been surging since going public in early December, hitting a series of new all-time highs. Despite the quick start, I still see tons of potential. If Illinois officially legalizes recreational cannabis, Cresco is in position to ride the wave.


Harvest Health & Recreation, Inc. (CSE:HARV, OTC:HTHHF)

Headquarters: Vancouver, Canada
IPO Date: 11/15/18
Market Cap: 645.2M
Avg. Daily Volume: 451,995

Harvest Health & Recreation Inc. is another multi-state, vertically integrated cannabis company. Harvest has a large and early presence in some of the largest and fastest growing cannabis markets in the US, including California, Arizona, and Massachusetts. Harvest Health & Rec. has more than 350 employees and an executive team comprised of finance, compliance, and real estate leaders.


MJardin Group, Inc. (CSE:MJAR, OTC:MJARF)

Headquarters: Denver, CO
IPO Date: 11/15/18
Market Cap: 378.5M
Avg. Daily Volume: 73,890

MJardin provides comprehensive management solutions for the cannabis sector. With 36 cultivation, processing, and retail facilities under management, MJardin offers turnkey cultivation, processing, and retail solutions including licensure support, facility design, equipment leasing, personnel management, and more.

Shares have been a bit weak since hitting the Canadian Securities Exchange last fall, however, this is one to keep your eye on. This company has a unique business model and federal policy changes could set this stock in motion.


Acreage Holdings (CSE:ACRG, OTC:ACRGF)

Headquarters: New York, NY
IPO Date: 11/15/18
Market Cap: 2.02B
Avg. Daily Volume: 121,951

Acreage is also another multi-state, vertically integrated cannabis company. It owns one of the largest portfolios of cannabis cultivation centers and cannabis dispensaries in the industry. Acreage has some of the best political connections in the cannabis industry – former US Speaker of the House, John Boehner, and former Canadian Prime Minister, Stephen Harper, both serve on the board.


These five stocks rank among the most compelling new cannabis stock IPOs in the last six months. Some shares are flourishing while others have yet to catch on.

Either way – to succeed in the cannabis sector – timing is everything.

I tell members of Cannabis Stock Trades exactly when I’m entering, adding to, or selling off a stock in our model portfolio. It takes research and insight to know when a stock is mature and ready to make a substantial move.

Join Cannabis Stock Trades – Free Trial

Again, IPOs are exciting (especially those in the cannabis industry) – but hitting the street is just the beginning, it’s what you do with them after that matters!

Much success,

Mike Vodicka
Editor, Cannabis Stock Trades

About the Author & Cannabis Stock Trades

Michael Vodicka is a globally syndicated equity analyst with more than 20 years of experience in trading and investing. His research has been featured in some of the industry’s most respected publications.

He has been investing and leading investors in the cannabis sector since 2013.

The #1 Stock to Play Illinois Going Legal

Illinois continues to advance towards its goal to legalize recreational cannabis in 2019.

JB Pritzker, a major advocate of legalization, is leading the big push toward legalization. It was a staple of his campaign and now that he’s in office, Pritzker says his goal is to legalize recreational cannabis as quickly as possible.

Legislators have been busy working on a bill to move legalization down the pipeline, and it sounds like they are making a lot of progress. Continue reading “The #1 Stock to Play Illinois Going Legal”

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Rebounding on International Footprint

Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) saw a significant bump in volume this past week, and the doldrums for this company might be in the rearview. TGODF is a serious player in the organic cannabis movement, but their recent upward action might have to do with international expansion. Continue reading “Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Rebounding on International Footprint”

Martha Stewart partners with Canadian cannabis company

Ever since Martha Stewart teamed up with Snoop Dogg and became America’s Cool Weed Grandma, people have wondered: When will the cooking show host take the next logical step and create a line of gourmet cannabis edibles?

When The Washington Post posed the question to her in 2017, just before the second season of “Martha and Snoop’s Potluck Dinner Party,” she demurred: “I’d rather do a line of my own hydrangeas or my own tulip bulbs,” she said.

A year and a half later, she’s taking the plunge – kind of. Continue reading “Martha Stewart partners with Canadian cannabis company”

Arcadia Biosciences Receives Its First Industrial Hemp Program License in Hawaii

Building on last week’s launch of Arcadia Specialty GenomicsTM, a new cannabis-dedicated division of the agricultural food ingredient company, Arcadia Biosciences, Inc.(NASDAQ: RKDA), today announced that it has been granted an Industrial Hemp Pilot Program (“HIHPP”) License by Hawaii’s Department of Agriculture. The license allows for the cultivation of industrial hemp in Hawaii for the purposes of agricultural and academic research. Hemp and hemp products produced under the program may be commercially sold. Continue reading “Arcadia Biosciences Receives Its First Industrial Hemp Program License in Hawaii”