California is the single largest cannabis market in the world – and one of the fastest growing.
According to a new report from Arcview Market Research and BDS Analytics called, ‘The State of Legal Marijuana Markets’, California’s cannabis market is expected to jump above $5 billion by 2020.
Arcview isn’t alone. Fellow research firm Statista also expects big cannabis sales growth in California. Continue reading “California’s #1 Cannabis Edibles Stock up 58% in 2019”
Israel just took a major step toward becoming a global leader in the high-growth medical cannabis market.
Israel just became the fifth country in the world to legalize medical cannabis exports after its cabinet voted to approve a sweeping new cannabis law. Continue reading “Israel Becomes 5th Country in World to Legalize Medical Cannabis Exports”
The edibles market has quickly evolved into one of the fastest growing cannabis subsectors.
With Canada set to legalize edibles this year and more US states legalization medical and recreational cannabis, annual sales of edibles in the US and Canada could hit $4.1 billion by 2022.
While Dixie Brands (CSE: DIXI, OTC: DXBRF) is still my favorite edibles company right now, I see another promising cannabis company that is already cashing in on the edibles trend. Continue reading “$600 Million Edibles Leader Begins Trading in Canada”
Cannabis edibles are expected to be one of the fastest growing cannabis subsectors in the next four years.
According to a recent report by leading cannabis research firm Arcview Market Research, spending on edibles in the US topped $1 billion in 2018.
With Canada set to legalize edibles this year and more US states legalizing medical and recreational cannabis, the cannabis edibles market is set to explode in the next four years. Arcview estimates annual sales of edibles in the US and Canada could hit $4.1 billion by 2022. Continue reading “The #1 Stock to Invest in Cannabis Edibles”
Canopy Growth Corp (CGC, WEED), the largest cannabis company, just made history in the US cannabis industry.
Canopy just became the first cannabis company ever to receive a permit from the state of New York to grow hemp.
This is a big win for Canopy and a shot in the arm for the US hemp industry. The new license gives Canopy a valuable first-mover advantage in the high-growth US hemp market. That should help Canopy build on its early industry leadership in the global cannabis market. Continue reading “The #1 Stock for the US Hemp Boom”
New York is on the fast track to becoming the second largest recreational cannabis market in the United States. Today I am going to reveal two promising young cannabis companies operating in New York that are in position to benefit.
New York governor Andrew Cuomo revealed some big news in late December when he announced that legalizing recreational cannabis would be one of his top priorities in 2019. Continue reading “New York Wants to Legalize in 2019 – 2 Cannabis Stocks Looking to Capitalize”
2019 is here so I wanted to share my #1 cannabis stock for the year.
What does #1 mean? It’s not an exact science – it’s a stock I think has a high probability of generating a market-beating return in 2019.
Bigger picture – it’s a stock that I like a lot, and I think has a lot of long-term potential. Continue reading “My #1 Stock For 2019 – Find this stock “Down Under””
The cannabis industry just announced a groundbreaking $1.7 billion megadeal with big tobacco that has the sector on the upswing this week.
Marlboro maker Altria Group (NYSE: MO), one of the largest tobacco companies in the world, announced a $1.7 billion investment in Cronos Group (NASDAQ: CRON), one of Canada’s largest cannabis companies. Continue reading “Marlboro Maker Invests $1.7 Billion in Cannabis Megadeal”
Chicago just took a big step toward becoming the cannabis capital of the Midwest. Not only would that be good for the broader US cannabis industry – it would be great news for two young and promising cannabis companies operating a string of cultivation facilities and dispensaries all across Chicago and Illinois.
The catalyst for Chicago’s cannabis potential? Governor-Elect JB Pritzker. Continue reading “Chicago Ready to Legalize – 2 Industry Leaders That Could Soar”
The US hemp industry is on the verge of a groundbreaking legal victory. Powerful politicians are about to open the floodgates for billions in new sales to flow into the hemp industry in the next few years with a controversial piece of legislation.
This potential legal breakthrough is the perfect catalyst for a promising young US cannabis company that is an early leader in the high-growth hemp and CBD markets. Continue reading “Farm Bill Could Unleash $1 Billion in US Hemp Sales”