2 Stocks to Play Connecticut Going Legal

Connecticut just became the 19th U.S. state to legalize recreational cannabis. While it’s not exactly a game-changer for the U.S. cannabis industry, Connecticut has a shot at growing into a $1 billion cannabis market within the next five years.

This is creating another great investment opportunity in the cannabis sector, and there are two leading cannabis companies that are best positioned to capitalize. Continue reading “2 Stocks to Play Connecticut Going Legal”

5 Reasons It’s Time to Buy Cannabis Stocks

For the last few years, the cannabis sector has experienced extended periods of strength followed by large pullbacks that lasted on average three to six months. During this period, buying cannabis stocks on a pullback has been a highly effective strategy.

Today, investors want to know if this a good time to buy cannabis stocks…

The short answer is yes.

I see five powerful catalysts that tell me this is a great time to buy cannabis stocks. Continue reading “5 Reasons It’s Time to Buy Cannabis Stocks”

2 Earnings-Beating Cannabis Stocks Ready to Move

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 reading “2 Earnings-Beating Cannabis Stocks Ready to Move”