3 Profits Triggers for Cannabis Stocks in 2021

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 reading “3 Profits Triggers for Cannabis Stocks in 2021”

Weedmaps Goes Public in $1.5 Billion Merger

Cannabis Map - Election 2020

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 reading “Weedmaps Goes Public in $1.5 Billion Merger”

“Magic Mushroom” Stock up 600% in 12 Weeks – More to Come?

Psychedelic Mushrooms

Oregon just became the first state in the U.S. to legalize the active ingredients in magic mushrooms for medical use.

Oregon’s Measure 109 will grant access to psilocybin. Psilocybin is the active ingredient in magic mushrooms used for mental health treatments.

This is a groundbreaking moment for psychedelic therapies. More than that, it is also creating a great investment opportunity. Continue reading ““Magic Mushroom” Stock up 600% in 12 Weeks – More to Come?”

Mexico on Pace to Legalize in the Next 4 Weeks – Here’s How to Play It

Mexican Flag over Stock Chart

It was easy to miss because the U.S. presidential election has been dominating the headlines, but Mexico just moved one step closer to legalizing cannabis by the end of the year.

On November 19, 2020, Mexico’s Senate approved a groundbreaking cannabis legalization bill. If the initiative makes it through the lower house of Congress, it would create the world’s largest legal cannabis market. Continue reading “Mexico on Pace to Legalize in the Next 4 Weeks – Here’s How to Play It”

77% Sales Growth Makes this Cannabis Leader a Buy

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

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

Quarterly earnings that beat expectations have a documented history of driving shares higher in the following weeks and months. Continue reading “77% Sales Growth Makes this Cannabis Leader a Buy”

5 States Say Yes on Cannabis – 3 Stocks to Trade the Vote

Cannabis Legalization Vote

Cannabis has emerged as a big winner in the 2020 U.S. presidential election. All five states that voted on cannabis legalization passed their ballot measures. That list includes:

  • Arizona: recreational cannabis
  • New Jersey: recreational cannabis
  • Montana: recreational cannabis
  • South Dakota: recreational and medical cannabis
  • Mississippi: medical cannabis

This is another big step forward for the U.S. cannabis industry.

33 states have already legalized medical or recreational cannabis. Adding five more states to the mix will add billions in annual sales. The growing green wave has analysts predicting enormous growth for the U.S. cannabis industry in the next five years. Continue reading “5 States Say Yes on Cannabis – 3 Stocks to Trade the Vote”

3 Reasons It’s Not Too Late to Invest in Cannabis Stocks

2020 has been a great year to own technology stocks.

The NASDAQ 100 (QQQ) has gained 30% this year and many tech stocks such as Amazon (AMZN) and Apple (AAPL) traded into new all-time highs.

It makes sense. Technology is one of the few sectors that has benefited from the global quarantine as billions of consumers spend more time online.

However, while technology stocks have delivered big returns this year, the real champion of 2020 is the cannabis sector. Continue reading “3 Reasons It’s Not Too Late to Invest in Cannabis Stocks”

Mexico Ready to Unleash a $2 Billion Market

North American Export Containers

The United States is dominating the cannabis headlines because four states are set to vote on legalization on November 3 with the U.S. presidential election.

Cannabis investors could have easily missed a huge investment opportunity that is rapidly developing just south of the U.S. border.

Mexico is on the fast track to legalize recreational cannabis – most likely by the end of the year. Continue reading “Mexico Ready to Unleash a $2 Billion Market”