Cannabis investors looking for the next big thing need to take a look at psychedelic stocks. Not only is the industry growing rapidly, but a promising young biotech, led by a Facebook billionaire, just filed to go public.
Hot on the heels of cannabis, psychedelic mushrooms are quickly gaining credibility for their medicinal value.
Researchers and users are discovering that psilocybin, the psychedelic compound found in “magic mushrooms,” can be a highly effective treatment for depression.
This information is giving birth to a new industry, psychedelic pharmaceutical drugs. Analysts expect this industry to grow sharply in the coming years. Continue reading “Invest in Magic Mushrooms with a $100 Million IPO”
Like many other states, the Pennsylvania economy has been wounded by COVD-19. However, the governor has a solution to repair some of the damage – legalize cannabis.
On Tuesday, Pennsylvania governor Tom Wolf (D) announced that legalizing recreational cannabis is a high priority on his fall legislative agenda. Continue reading “Pennsylvania’s COVID Recovery Plan Includes Cannabis”
Arizona just successfully passed a ballot initiative (Prop 207) that will have the state voting on legalizing recreational cannabis on November 7.
If Prop 207 passes, annual cannabis sales in Arizona would quickly jump above $1 billion. Today, I am going to reveal two early industry leaders that are in position to benefit if Arizona goes legal. Continue reading “2 Stocks to Play Arizona’s November 7 Vote on Recreational”
The Midwest is emerging as one of the fastest-growing cannabis markets in the United States, with two early industry leaders cashing in on the incredible growth.
This Middle America revolution is being led by Illinois and Michigan. Both of these states recently legalized cannabis and both are seeing explosive sales growth.
Despite the depressed consumer spending, Illinois just reported another record month of cannabis sales because of COVID-19 and quarantine. Continue reading “2 Stocks to Play the Midwest Cannabis Revolution”
The North America cannabis industry has a new champion. This well-known sector leader just completed an $875 million acquisition that puts it into a position to dominate the U.S. cannabis market.
Even though shares have been rallying for the last few weeks, I see plenty of upside ahead. Continue reading “Cannabis Giant Leads Race to $1 Billion in Annual Sales”
The most important time of the quarter has arrived for cannabis stocks.
Earnings season is when companies reveal sales and earnings results for the previous quarter – and just as important, the company provides guidance on what investors should expect for the following quarter.
Quarterly earnings that beat expectations have a documented history of helping shares outperform the broader stock market in the following weeks and months. Continue reading “Will Cannabis Stocks Soar Again on Q2 Earnings?”
- The U.S. presidential election should be a huge catalyst for the cannabis industry, with up to 7 states voting on legalization.
- Biden-Sander’s Unity Plan would basically legalize cannabis in the U.S.
- Some of the best stocks in the industry are trading more than 50% below the 52-week high.
- Not all cannabis stocks will do well – investors need to know which companies are set to prosper and which ones will fail.
I see two powerful catalysts directly on the horizon for cannabis stocks and an elite group of cannabis stocks are already starting to take off. For anyone who does not already own these stocks, there is still time to get in. Continue reading “2020 U.S. Election is Massive Catalyst for Cannabis Stocks”
U.S. cannabis sales are on fire and it seems like the media is barely paying attention. This is a mistake because the U.S. cannabis industry is maturing quickly and moving into a new, important phase of growth.
States all across the U.S. reported record sales. Continue reading “U.S. Cannabis Sales on Pace to Grow 40% In 2020”
Israel just took an important step to make it the next country to legalize recreational cannabis. If this happens, two young cannabis stocks could surge.
A bill to legalize recreational cannabis in Israel passed a critical test after being approved by the Ministerial Committee for Legislation.
According to The Times of Israel, this bill would decriminalize possession (up to 50 grams). It would also legalize individual possession of up to 15 grams among opening up other restrictions. Continue reading “2 Stocks to Cash in on Israel’s Bid to Legalize”
I call it the “holy grail” of the cannabis industry – a game-changing event that would mint the first cannabis billionaire and richly reward early investors.
I’m talking about the federal legalization of cannabis.
Some say it’s still a pipe dream, years away at best. However, the reality is that federal legalization could be right around the corner. Continue reading “Canopy CEO Predicts U.S. Legalization by 2022”