Pick-and-Shovel Cannabis Play

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In the 1850 gold rush, millions of Americans headed west to get rich digging for gold. Very few of them ended up making any money. But for the stores that were selling picks and shovels, well that’s a different story.  They made a fortune.

This is the genesis of what Wall Street calls the pick-and-shovel play.

A pick-and-shovel play is an investment in a company that sells supplies or materials to an entire industry or even multiple industries. Continue reading “Pick-and-Shovel Cannabis Play”

Israeli Cannabis Leader Uplisting to NASDAQ

If you’re like most cannabis investors, you probably own U.S. cannabis stocks. That makes sense. The U.S. is the largest and fastest-growing cannabis market in the world.

However, it would be a mistake to limit cannabis investing to just the U.S. International cannabis markets also offer exciting investment opportunities.

Israel has quickly evolved into one of the most promising international cannabis markets. After Israel updated its medical cannabis laws to be more inclusive, the tiny country of 11 million has seen its number of medical cannabis patients explode higher. Continue reading “Israeli Cannabis Leader Uplisting to NASDAQ”

This $3 Billion Dollar Cannabis IPO is a Warning Shot

I see an exciting cannabis stock IPO on the horizon that investors need to know about. One of the largest and fastest-growing U.S. cannabis companies is set to begin trading on a major exchange in the next few weeks. Not only is this the most exciting cannabis stock IPO in two years, but it also signals an important new phase for cannabis stocks.

Back in 2018, cannabis IPOs were all the rage. A flurry of U.S. cannabis companies went public in late 2018, including Cresco Labs (CRLBF), Curaleaf Holdings (CURLF), and Trulieve (TCNNF). Continue reading “This $3 Billion Dollar Cannabis IPO is a Warning Shot”

Is This Heavily Shorted Cannabis Stock the Next GameStop?

Cannabis Stock Going Up

If you are impressed with GameStop’s (GME) meteoric 2,300% gain in a little over two weeks then you need to know about a similar trade that is currently setting up in the cannabis sector.

I am going to reveal two of the most shorted cannabis stocks and explain why a GameStop-style, short squeeze could send shares soaring.

The cannabis sector has long been a favorite target of short sellers. In 2019, and the first half of 2020, this was a very profitable strategy. Continue reading “Is This Heavily Shorted Cannabis Stock the Next GameStop?”