My #1 Cannabis Stock for 2021

The northeast region of the United States is on the verge of a cannabis revolution. The shot across the bow happened on November 3, when New Jersey voted to legalize recreational cannabis.

This groundbreaking victory triggered a quick response from New York.

New York Governor Andrew Cuomo just said he wants to follow New Jersey and legalize cannabis as soon as possible to make up for COVID-related tax losses. The early word is that New York intends to legalize by April, setting the stage for sales to begin in 2022 or even sooner. Continue reading “My #1 Cannabis Stock for 2021”

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 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

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”

6 Israeli Cannabis Stocks that Won the Export Lottery

While many international cannabis markets continue to grow at a painfully slow pace, one small Middle Eastern company is racking up a series of big wins.

Not only has Israel become the #1 importer of cannabis in the world, but it just hit a new record of medical cannabis patients. On top of that, the country is in the early stages of legalizing cannabis exports.

It’s a good time to be a cannabis company in Israel. The relatively small country of 9 million just reported three important cannabis milestones and six relatively-unknown stocks are in a position to cash in. Continue reading “6 Israeli Cannabis Stocks that Won the Export Lottery”

Joe Biden Victory Would be a Win for Cannabis Stocks & Investors

Cannabis investors should be pleased with the results of the first presidential debate.

According to RealClear Politics, a UK-based website that lets non-U.S. residents bet on the outcome of the U.S. presidential election, Joe Biden had a 55% chance of victory before the debate. But after the debate, Biden’s probability spiked to almost 60%.

This little spike on the chart has important implications for the U.S. cannabis industry and cannabis investors. Continue reading “Joe Biden Victory Would be a Win for Cannabis Stocks & Investors”

3 Early Leaders Ready to Cash in if New Jersey Goes Legal on November 3

November 3 is a big day for the U.S. cannabis industry. Five U.S. states will vote on measures to legalize medical or recreational cannabis.

Leading cannabis market research firm New Frontier Data’s new research report projects that the vote will have a big impact on U.S. cannabis sales.

“The 2020 election could be one of the most consequential and historical events to change the landscape of the legal U.S. cannabis industry,” said New Frontier Data Founder & CEO Giadha A. DeCarcer. “With $9 billion in new revenue from 2022-2025, should all five states ballot measures pass, New Frontier Data estimates that revenues from all legal U.S. markets will reach $35.1B in 2025.”

From the group of five U.S. states getting ready to vote on legalization, none is more important than New Jersey for two reasons. Continue reading “3 Early Leaders Ready to Cash in if New Jersey Goes Legal on November 3”

2 Reasons to Avoid Aurora Cannabis

Back in 2019, Aurora Cannabis was the rock star of the cannabis industry. At its peak, Aurora nabbed a market cap of $10 billion.

The company had delivered enormous gains to early investors. It also and ranked as the #1 held stock on the popular stock trading app, Robinhood.

The enthusiasm was driven by Aurora’s impressive portfolio of cannabis businesses and assets.

That portfolio included 15 global cannabis cultivation centers capable of producing more than 700,000 kilograms of cannabis per year. Aurora had also secured exclusive cannabis permits in potentially lucrative international markets including Germany and Australia. Aurora invested hundreds of millions to build an unparalleled global cannabis production and distribution network.

However, customers never showed up. Continue reading “2 Reasons to Avoid Aurora Cannabis”