Cannabis Is Still Illegal in the U.S. – That’s a Good Thing

Investors interested in cannabis stocks are facing some very conflicting opinions.

On one side you have the skeptics. That’s the large group of voices shouting that cannabis is the worst investment ever.

On the other side, you have the get-rich-quick crowd. That’s the group of people who are convinced that owning cannabis stocks for a few years is a quick path to riches and early retirement. Continue reading “Cannabis Is Still Illegal in the U.S. – That’s a Good Thing”

Cuomo Cites Marijuana Legalization as a Top Priority

Gov. Andrew M. Cuomo began lowering expectations on Tuesday for what state lawmakers may accomplish before leaving Albany on June 19.

The governor outlined an aggressive to-do list for the final four weeks of the legislative session, including legalization of marijuana and allowing driver’s licenses for undocumented immigrants. Cuomo also cast doubt on whether the state Senate shares his commitment. Continue reading “Cuomo Cites Marijuana Legalization as a Top Priority”

Charlotte’s Web Says Friday TSX Listing ‘A Milestone For The Overall Industry’

Charlotte’s Web Holdings, Inc. (OTC: CWBHF) followed up its first-quarter report with an announcement Wednesday that it will begin trading on the Toronto Stock Exchange May 31. Continue reading “Charlotte’s Web Says Friday TSX Listing ‘A Milestone For The Overall Industry’”

East Coast Marijuana Market Could Rival Colorado’s in Coming Years

The cannabis industry in the U.S. has long been centered around states like Colorado and Oregon, but now, marijuana sales in Illinois and its neighboring states east of the Mississippi River are poised to rival those out west.

The U.S. cannabis market is staring down massive growth, with sales that are expected to reach $22.7 billion by 2023, including $16.8 billion in recreational sales, according to a report out Tuesday from Chicago-based cannabis research firm Brightfield Group. Political support is growing around legalization efforts, and medical programs are expanding around the country. Continue reading “East Coast Marijuana Market Could Rival Colorado’s in Coming Years”

Are Cannabis Stocks Overvalued?

Men looking at undervalued stocks

If you’re a value investor then you are probably terrified of the cannabis sector.

There’s good reason for that. After a few years of big gains, many of the most popular cannabis stocks are trading with sky-high valuations. That leaves traders asking – are cannabis stocks overvalued?

You might be surprised to learn that there is a group of up-and-coming cannabis stocks that look super cheap compared to their overvalued peers. Continue reading “Are Cannabis Stocks Overvalued?”

Popularity Stock Play on Cannabis Concentrates

Cannabis Oils

Cannabis concentrates is the fastest growing cannabis subsector. That’s what leading cannabis research firm Arcview Research says in a recent report published with BDS Analytics.

Arcview projected that cannabis concentrate sales would grow 49% in the second half of 2018, reaching $3 billion for the year. Looking forward, Arcview predicts that annual concentrate sales will hit $8.4 billion by 2022, more than doubling in the next four years.

Continue reading “Popularity Stock Play on Cannabis Concentrates”

California Cuts Marijuana Tax Revenue Projections

State of California

California is paying a price for the shaky rollout of its legal marijuana market.

State budget documents released Thursday show the Newsom administration is sharply scaling back what it expects to collect in cannabis tax revenue through June 2020 — a $223-million cut from projections just four months ago.

The reduced income for the state treasury means that slower-than-expected pot sales are punching a hole in California’s budget. Continue reading “California Cuts Marijuana Tax Revenue Projections”

Is it Too Late to Invest in Cannabis Stocks?

It is easily the biggest misconception about cannabis stocks. It’s preventing millions of people from capitalizing on the greatest investment opportunity of my lifetime, and every day the sector rises it only gets worse.

What am I talking about? It’s the #1 question we receive at Cannabis Stock Trades.

Is it too late to invest in cannabis stocks?

Continue reading “Is it Too Late to Invest in Cannabis Stocks?”

Gen Z Will Be the Ultimate Pot Consumers

America’s Generation Z is coming of age in a whole new world of weed.

This large cohort, which already has big-time spending power as the oldest age into high school and college, is formulating its consumption habits at a time when marijuana muscles into the mainstream. Unlike their Gen X or Boomer parents, Gen Z shoppers have only known a time where cannabis is edging toward acceptance, with California voting to legalize medical use in 1996—a year before even the oldest Gen Z consumers were born. Continue reading “Gen Z Will Be the Ultimate Pot Consumers”

3 Cannabis Stocks With Impressive Dividend Yields

For dividend investors, the cannabis sector looks pretty scary.

This high-growth sector has a reputation for extreme volatility, unpredictable earnings reports, and mega-acquisitions that can stress the balance sheet.

While these traits hold true for a large segment of the cannabis sector, many investors don’t realize is that there is a hidden class of cannabis stocks that completely buck the trend.

Continue reading “3 Cannabis Stocks With Impressive Dividend Yields”