Month: January 2020

Massachusetts’ Cannabis Sales on Fire – Cash in with this Early Leader

Posted on by Cannabis Stock Trader

Illinois isn’t the only US cannabis market that’s on fire.

Massachusetts is another state that cannabis investors need to watch closely.

This state legalized medical cannabis in 2012. Recreational cannabis followed at the end of 2018, and sales have been booming for the last 12 months.

Massachusetts is quickly growing into one of the largest cannabis markets in the US and the capital of the Northeast cannabis market. Continue reading “Massachusetts’ Cannabis Sales on Fire – Cash in with this Early Leader” →

If New York Goes Legal, This Stock Should Soar

Posted on by Cannabis Stock Trader

Cannabis investors looking for the next big thing need to keep a close eye on New York.

New York Governor, Andrew Cuomo, has made legalizing recreational cannabis one of his top priorities in 2020. Here are some more details from MJbizdaily.com.

New York Gov. Andrew Cuomo on Wednesday promised to legalize recreational cannabis in the state as part of his 2020 agenda. Continue reading “If New York Goes Legal, This Stock Should Soar” →

Canopy Jumps 32% in 2 Weeks: Time to Buy?

Posted on by Cannabis Stock Trader

Canopy Growth Corp (WEED, CGC) is the undisputed king of the global cannabis industry.

The Canadian juggernaut is the largest cannabis company in the world with a market cap of more than $8 billion and, in 2018, landed a $4 billion investment from Constellation Brands (STZ), one of the largest alcohol distributors in the world.

Despite the impressive resume, Canopy struggled in 2019.

After charging higher in 2016, 2017 and 2018 – Canopy shares fell 35% in 2019. Continue reading “Canopy Jumps 32% in 2 Weeks: Time to Buy?” →

A Look Back at The Campaign to Regulate Marijuana like Alcohol

Posted on by Cannabis Stock Trader
Cannabis Background

Decades ago, the U.S. government enforced efforts against alcohol the same way as marijuana with the American Prohibition Act. The bill taught the residents that they would never win the long and futile war against alcohol since people would want to drink in the long run. Consequently, many people argue that marijuana is more benign than alcohol, so the government should regulate and publicize cannabis use like alcohol. Continue reading “A Look Back at The Campaign to Regulate Marijuana like Alcohol” →