Cannabis Giant Leads Race to $1 Billion in Annual Sales

Cannabis Money

The North America cannabis industry has a new champion. This well-known sector leader just completed an $875 million acquisition that puts it into a position to dominate the U.S. cannabis market.

Even though shares have been rallying for the last few weeks, I see plenty of upside ahead. Continue reading “Cannabis Giant Leads Race to $1 Billion in Annual Sales”

Will Cannabis Stocks Soar Again on Q2 Earnings?

The most important time of the quarter has arrived for cannabis stocks.

Earnings season is when companies reveal sales and earnings results for the previous quarter – and just as important, the company provides guidance on what investors should expect for the following quarter.

Quarterly earnings that beat expectations have a documented history of helping shares outperform the broader stock market in the following weeks and months. Continue reading “Will Cannabis Stocks Soar Again on Q2 Earnings?”

2020 U.S. Election is Massive Catalyst for Cannabis Stocks

2020 Election
  • The U.S. presidential election should be a huge catalyst for the cannabis industry, with up to 7 states voting on legalization.
  • Biden-Sander’s Unity Plan would basically legalize cannabis in the U.S.
  • Some of the best stocks in the industry are trading more than 50% below the 52-week high.
  • Not all cannabis stocks will do well – investors need to know which companies are set to prosper and which ones will fail.

I see two powerful catalysts directly on the horizon for cannabis stocks and an elite group of cannabis stocks are already starting to take off. For anyone who does not already own these stocks, there is still time to get in. Continue reading “2020 U.S. Election is Massive Catalyst for Cannabis Stocks”