3 Cannabis Stocks To Consider Before Election Night

Cannabis Map - Election 2020

While the U.S. cannabis industry is one the verge of the biggest catalyst in four years, some of the most promising cannabis stocks are on sale.

Cannabis stocks performed poorly in 2019 after the young industry failed to meet investor expectations. Today that dynamic has reversed.

After poor returns in 2019, investor expectations are running low. That’s why cannabis stocks are still trading well below the 52-week high.

These Stocks May Win on Election Night

With election night right around the corner, the sector’s early leaders, and those with a strong presence in states that are set to cast ballots, could see explosive moves.

On top of that, these stocks are already trading far below their 52-week high and have the room to run.

#1 – Cresco Labs (CL, CRLBF)

Cresco Labs (CSE: CL, OTC: CRLBF) is an early leader in the U.S. cannabis industry. Headquartered in Chicago with a market cap of more than $1 billion, Cresco owns an impressive portfolio of cannabis assets. That includes 29 retail licenses, 18 dispensaries, and 15 production facilities. Cresco is positioned for long-term success in the cannabis industry.

Despite the promising outlook, Cresco shares are trading 50% below the 52-week high. We think this weakness is an opportunity to capitalize while most of the Street ignores the cannabis industry.

Chart of CRLBF

Cannabis Stock trades alerted its members of this awesome opportunity and sent out a trade signal for Cresco Labs on April 3. We closed that trade on  July 7, securing a 50% gain in 12 weeks.

Trade Alert CRLBF

We’re still watching Cresco for our members and will add this holding back to our model portfolio when the time is right.

#2 Green Thumb Industries (GTI, GTBIF)

Green Thumb Industries (CSE: GTI, OTC: GTBIF) is another early leader in the U.S. cannabis industry.

Headquartered in Chicago, Illinois, Green Thumb has a market cap of $2.2 billion. This powerhouse company also owns and operates an impressive portfolio of cannabis assets – it operates in 12 states, owns licenses for 96 retail locations, and operates 13 manufacturing facilities.

Last quarter, Green Thumb became the first U.S. cannabis company to report revenue of more than $100 million in one quarter. Green Thumb is also positioned for long-term success in the U.S. cannabis industry.

The impressive results have been driving a big rebound on the chart. Green Thumb has rebounded close to 300% from the 52-week low in March. Despite the big rebound, Green Thumb is trading 35% below the all-time high from September of 2018.

Looking forward, Green Thumb is in a position to continue climbing as we move closer to the November election.

#3 Curaleaf Holdings (CURL, CURLF)

Curaleaf Holdings (CSE: CURL, OTC: CURLF) is the largest cannabis company in the U.S. with a market value of $4.8 billion.

Headquartered in Wakefield, Massachusetts, Curaleaf just completed a $700 million acquisition that gives it the best cannabis portfolio in the industry. That includes operations in 23 states, 135 dispensary licenses, 88 operating dispensaries, 30 processing facilities, 22 cultivation facilitates and more than 1.6 million square feet of cultivation capacity.

Curaleaf now has the best chance to be the first U.S. cannabis company to generate more than $1 billion in annual sales. After the acquisition, no other U.S. cannabis company comes close to Curaleaf’s portfolio of dispensaries, greenhouses, and processing facilities. This portfolio of cannabis assets should drive huge revenue growth in the next few years – particularly because U.S. cannabis sales are expected to surge.

The acquisition has driven a big rebound on the chart. Shares are up almost 200% since hitting a 52-week low in March. Despite the rebound, Curaleaf still has plenty of potential for more gains.

Curaleaf is in a position to deliver strong revenue growth for the next few quarters and years, and that should drive shares higher.

The key to capitalizing on these three cannabis stocks will be properly timing your entry and then knowing when to capture projects. In life (and trading), timing is everything!

Cannabis Stock Trades Will Do the Hard Work for You

Let me say it again — despite the incredible opportunity, not all cannabis stocks will do well. In fact, the cannabis industry is loaded with questionable companies that will probably fail.

Do you really have time to spend hours researching the cannabis industry, trying to separate the winning companies from ones that could implode?

Don’t waste your time! Outsource the hard work to Cannabis Stock Trades.

Get the information you need to invest in the best cannabis stocks – the ones will solid footing and massive growth potential.

Start your free trial and get:

  • Access to our model portfolio of vetted stocks
  • See the stocks that are core portfolio holdings for the pot sector
  • Trade alerts and full reports
  • Daily sector updates and analysis
  • Updates on regulatory events that can unleash huge rallies
  • And more

Michael Vodicka

Best,

Michael Vodicka
Editor, Cannabis Stock Trades
CannabisStockTrades.com

Author Michael Vodicka owns shares of Cresco Labs (CRLBF), Green Thumb Industries (GTBIF) and Curaleaf Holdings (CURLF).


What CST Members are Saying…

Results are being delivered and you can see how his picks have done since inception on the website. The service has been worth every penny! – Bob P.

I am so happy that I decided to subscribe to the Cannabis Stock Trades service. It has been outstanding! I am an experienced stock trader, and I can tell you that Michael Vodicka really knows what he is doing. – Douglas W.

Thanks for the valuable insight over the last many, many months. I have made a good deal of profit following your recommendations. I am taking my profits off the table for now and waiting for a lower entry point to get back in. – Richard S.

Will Canopy Growth Corp (CGC) Jump 250% in 2 Days?

Aurora Cannabis (ACB) just jumped 250% in two days after reporting third-quarter earnings that crushed expectations.

Not many people saw that huge jump coming. If you missed it – don’t worry.

I see a high probability that the same pattern will repeat itself on Friday morning when the largest cannabis company in the world reports highly anticipated fourth-quarter earnings.

Here’s what you need to know and how to play Friday’s big event. Continue reading “Will Canopy Growth Corp (CGC) Jump 250% in 2 Days?”

Cannabis Stocks Bottoming – Take a Fresh Look

Cannabis Background

Cannabis stocks have been trapped in a terrible bear market for almost two years.

But now the tide is shifting. I think cannabis stocks have hit a long-term bottom and are now entering a new, multi-year bull market.

Why?

The cannabis industry has scored two game-changing wins in the last month. Continue reading “Cannabis Stocks Bottoming – Take a Fresh Look”

4 Reasons Not to Sell Cannabis Stocks in May

The stock market is full of seasonal trends and one of the most important of the year has just begun.

I’m talking about, “sell in May and go away,” a financial adage that prompts investors to divest their holdings in May and return to the markets in the fall.

Should cannabis investors follow this advice?

This year, you may want to stay put in cannabis stocks. I see four catalysts that tell me cannabis stocks are setting up for more gains. Continue reading “4 Reasons Not to Sell Cannabis Stocks in May”

Easter Egg Hunt – Win 3 Months of CST

Update: All of our eggs have been found and our game is over.
Congrats to our winners – Joanne M., Mark O., and Boris, L.

We’re in the mood for a little fun and we hope you are too!

We’ve hidden 3 Easter eggs somewhere on the Cannabis Stock Trades site and it’s up to you to find one.

The eggs could be small or they could be big – they could be hiding in an image or sitting between some hot cannabis news.

Continue reading “Easter Egg Hunt – Win 3 Months of CST”

Trump Policy Reversal Unleashing Billions For Cannabis Industry

In a stunning reversal, powerful conservative politicians are suddenly expressing major support for the cannabis industry.

Most importantly, President Trump has promised to support federal legislation to protect state cannabis laws.

This revolutionary shift in US cannabis policy is creating a huge opportunity for investors. Continue reading “Trump Policy Reversal Unleashing Billions For Cannabis Industry”

My #1 Cannabis Stock Pick for 2019

I made a prediction for what I thought would be the strongest stock for 2017.

Since then, that little-known cannabis company quickly grew into Canopy Growth Corp. (NYSE:CGC, TSX:WEED), the largest cannabis company in the world with a market value of more than $12 billion.

Shares have skyrocketed up the chart!

Canopy is up more than 1,200% since I named it as my #1 cannabis stock for 2017. Continue reading “My #1 Cannabis Stock Pick for 2019”

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.

Cannabis Sector up 17% in 2019 – KSHB & CVSI Breaking Out?

In this quick video, I’m going to give an update on the cannabis sector as a whole. I am also going to share the name of two stocks that I think may break out.

CST members, be sure to log into your member-exclusive CST site for a full analysis and a plan on how we’re going to position ourselves to ride these potential breakouts.