Cannabis News & Legislation

It’s one of Wall Street’s best-kept secrets – a studied market anomaly that helps investors ride a move after a company reports an earnings surprise. And right now looks like a great time to apply this strategy to the cannabis sector after two of the most exciting cannabis stocks just crushed fourth-quarter expectations.

I’m talking about post-earnings announcement drift (PEAD) – the tendency for stocks that beat earnings expectations to deliver outsized returns in the following weeks and months. Continue “2 Earnings-Beating Cannabis Stocks Ready to Move”

In 2014, Colorado became the first U.S. state to legalize recreational cannabis. Since then, sales have boomed, hitting a new all-time high of $2 billion in 2020.

Today I will reveal how to invest in this powerful trend with a secret cannabis stock that is one of the most undervalued in the industry. Continue “The Only Pure Play on Colorado’s $2 Billion Cannabis Market”

Joe Biden has been sworn in as the 46th President of the United States. There are few groups more excited than cannabis investors. The Joe Biden presidency is likely to fuel even better growth in the U.S. cannabis industry.

While I expect many cannabis stocks to benefit, I believe that one is in the best position to benefit from a cannabis-friendly administration.

Biden isn’t a huge cannabis advocate himself, but he does support decriminalization, and more importantly, he will be surrounded by pro-cannabis allies. Continue “#1 Weed Stock for Joe Biden’s First 100 Days”

When a stock jumps 124% in three weeks, it’s time to pay attention.

That’s what just happened to Liberty Health Sciences (CSE: LHS, OTC: LHSIF), one of the biggest players in Florida’s high-growth medical cannabis market, after the company announced it was being bought by a competitor. Continue “The Next Big Cannabis Buyout Target”

2020 turned out to be an incredible year for cannabis stocks.

After falling sharply in 2019, the sector was hit hard again in the spring when COVID-19 ravaged global markets. Cannabis stocks and sentiment hit a multi-year low, and many cannabis investors threw in the towel.

It was a dark time for cannabis stocks. Continue “3 Profits Triggers for Cannabis Stocks in 2021”

I see a hot new cannabis stock that everyone needs to know about.

Weedmaps is one of the most popular websites in the pot industry.

Founded in 2008 and headquartered in Irvine, California, the Weedmaps website connects cannabis retailers with cannabis consumers. The company also offers a suite of online tools to help cannabis companies manage operations.

A big merger puts Weedmap’s growth potential into play for U.S. investors.

Continue “Weedmaps Goes Public in $1.5 Billion Merger”