Why You Should Invest In Marijuana Stocks

Individuals who are constantly on the lookout for new investment opportunities may find the venture that they need in marijuana stocks. Though still a relatively new vehicle, especially compared to other, older stock options, there are numerous advantages that individuals can look forward to when they consider their marijuana stock options. Investing in marijuana stocks should always be done as carefully as possible, especially if you are just starting out and need guidelines to follow. If you are not sure whether or not it is right for you, however, consider some of the following advantages that you can look forward to with this investment option.

Undervalued Opportunities

As the market currently stands, there is a large amount of risk and hesitation when it comes to investment, even from the most prominent investors in the industry. Between the social taboos that were once associated with the crop and the inherent hesitation when it comes to a rising new investment opportunity, there is currently very little clamoring and competition to drive up prices for those who are interested in taking a look at the market for themselves. If you are looking to pioneer a new investment option while also enjoying the freedom that comes with such opportunities, marijuana stocks can be one of the best vehicles for you to explore.

Rapidly Growing Market

Although many changes are yet to be determined as more and more legal issues start to fade away, the fact of the matter is that marijuana as an industry is poised for a tremendous burst of growth. Based on shifting social attitudes and the rise of new technological and medical advancements, marijuana stocks promise to be among the fastest climbing investment opportunities available. As such, it is vital for investors to plan ahead according to what companies seem the most promising. In such a relatively untapped market, paying attention to the competition can allow for more informed investments.

Global Legal Wave

In addition to its growth opportunities in the United States, the entire global market seems to be in the midst of a legal wave overturning previous restrictions on the crop. From Canada to Thailand, countries all over the world are legalizing marijuana and paving the way for less legal issues in all fields of business, including investment. This means that investing now can provide individuals with more diverse yields in the future, as there will be an entire global market to consider. Like with any other such changing landscapes, however, it is vital to pay attention to the geopolitics in order to make the most of your investments.

Penny Stock Opportunities

Though market projections for the future growth of marijuana stocks are impressive, the fact remains that, currently, it is a risky venture for those who are not planning on investing in more widely known companies. This could, however, provide individuals who like high-risk and high-reward plays to explore their options regarding penny stocks. There are hundreds of marijuana penny stocks available that individuals can research to determine where their most lucrative investments may be most readily available. For those who are not interested in doing such extensive research, however, there may be risk barriers to overcome, at least until the most prominent marijuana stock opportunities solidify themselves further.

Stock Versatility

Not every company that is based in marijuana is exclusively set in its marijuana-based products. Though the majority of such companies will allow investors to focus their efforts in marijuana stocks, the fact of the matter is that there will be other factors in determining the stock growth based on what else the company does. Many companies invest in marijuana growth and product development to diversify their revenue. There are many marijuana companies that are already investing in other industries, such as general plant care and clothing manufacturing. Do your research to invest in the most savvy companies so that you can have more irons in the fire.

Like any other such investment opportunities, it is absolutely crucial for you to pay attention to your other avenues of investment as well. Be sure to diversify your investments, in terms of both stocks and individual instruments, in order to hedge your liabilities and enjoy a more lucrative investment process.

Shane Dwyer
Author: Shane Dwyer
Shane Dwyer is a cannabis advocate who isn’t afraid to tell the world about it! You can find his views, rants, and tips published regularly at The 420 Times.

Marijuana & Cannabis News – The 420 Times

Marijuana Stocks Get Absolutely Crushed

While I’m not quite the savviest of investors, I do have a keen eye for stocks in emerging markets, and for many years, I’ve considered “pot stocks” to be an emerging market as legalization grows across the USA and Canada.  With marijuana becoming more mainstream, there are no shortage of stocks that allow the average armchair investor to get some skin in this lucrative game.

However, yesterday provided a massive speed bump to all of us who do indeed have skin in the game.  I’ve surfed many investment sites and financial portals, and have a lot of stuff to say about what happened.

Note:  I don’t offer financial advice.  Invest at your own risk.

Again, I read a lot about this, as I have a few companies I’m invested in.  This report on Market Watch was a good read.

This sort of gut punch that happened yesterday was explained in great detail, and according to Market Watch’s article, the average investor has lost 75% of it’s value over time in the marijuana space.

A big catalyst for this was an announcement by marijuana company Hexo, which goes by HEXO on the ticker.  Net revenue for the fourth quarter will be about $ 14.5 – $ 16.5 million, and net revenues will be between $ 46.5 and $ 48.5 million for the year.  These are both below expectations.

  • HEXO alone fell over 20% yesterday.

Other news that has not been so helpful is that MedMen decided NOT to purchase Pharmacann, which would have been a $ 600 million deal.

  • The vaping crisis is NOT helping the cause either.   Consumers are jumping ship on buying vape pens and devices that were otherwise strong sellers.

The article continues to go on and suggest that you pick points when the selling of marijuana stocks is at a high, and buy stocks that have concepts that will work long term.  Trends, (which could be vaping related) are not a reason to buy a stock.  If there are spikes off these lows, it’s best to sell.  It’s going to be a rocky road coming up, which is entirely my take and not related to the article’s articulation of the sell off yesterday.

Strap up, it’s going to be wild for anyone who has money in this space.

Shane Dwyer
Author: Shane Dwyer
Shane Dwyer is a cannabis advocate who isn’t afraid to tell the world about it! You can find his views, rants, and tips published regularly at The 420 Times.

Marijuana & Cannabis News – The 420 Times

Legal Weed Plan Unveiled, Pot Stocks Rally

If you are holding any marijuana stocks in your investment portfolio, you are probably a happy camper.  A bill led by New Jersey legislators and Governor Phil Murphy talked about a plan to make adult-use marijuana legal in the state.  There were also proposed taxes and what they called an “Expedited expungement process” for anyone who had a lower tier marijuana conviction.  When this news came out, a large number of the pot stocks surged.

Pot Stocks Rally on New Jersey Bill

New Jersey is the “Garden State,” so it makes sense in that moniker alone that they would legalize marijuana.  It’s still illegal federally in the USA, but we already have ten states and the District of Columbia allowing it for recreational purposes, with others not too far behind.

Some of the major cannabis companies traded enjoyed solid gains today.  Even lowly penny stocks that I’d like to see rally, like Growblox, went up 2.78%.

Also talked about in the bill was that municipalities housing cultivators or manufacturers could enjoy revenue from a 2% tax on the products residing in their jurisdiction.

Of course, this has to be signed into law before any of this happens.

Should it happen, the market would be under the governing body composed of a Cannabis Regulatory Commission, which is a team of five people hand chosen by the governor.  Applications for licensing would be handled by them, as well as regulatory promotions.

A tax of $ 42 an ounce would be charged to cannabis growers, and any municipality that has a retailer would get revenue from a 3 percent tax on anything sold there.  That’s a solid way to make a ton of money, just ask the City of Las Vegas, which unleashed this cannabis super store just last fall after having many smaller venues since launching recreational weed in July of 2017.

Even Canadian growers enjoyed big gains thanks to this announcement.

Highlights of Stock Gains:

  • Cronos Group :  up 4.5%
  • Canopy Growth:  up 3.7% (I wrote about their partnership with Martha Stewart this AM.)
  • Acreage Holdings:  up 2.7%

If you are invested in pot stocks, today was a good day to enjoy some gains.  Here’s to many more days of gains, and a lot more states following the Garden State’s lead.

Legal Weed Plan Unveiled, Pot Stocks Rally

Rate this post

Shane Dwyer
Author: Shane Dwyer
Shane Dwyer is a cannabis advocate who isn’t afraid to tell the world about it! You can find his views, rants, and tips published regularly at The 420 Times.

Marijuana & Cannabis News – The 420 Times

You May Soon Not Be Able to Trade Canadian Pot Stocks With US Money

Canada’s major stock exchange operator is considering a policy shift that would make it very challenging to trade shares of cannabis companies using U.S. assets. If this movie is adopted, it could disrupt the flow of millions of dollars into the Canadian marijuana industry. Canadian Depository for Securities (CDS) is a clearinghouse which handles millions […]

Canadian Cannabis Stocks Fell Over Trump Policy Jitters

Canada’s marijuana stocks took a tumble last week, clearly indicating that the powerful Canadian marijuana industry is affected by United States policy. The dip was a direct result of the comments made by Press Secretary Sean Spicer during a briefing last Thursday. Spicer told the press, “I do believe that you’ll see greater enforcement of […]

Will This Report Help or Hurt Cannabis Stocks in 2017?

Spreading its roots throughout the contiguous United States, in 2016 recreational marijuana was legalized in California, Nevada, Massachusetts, and Maine. Now that cannabis is legal along the entire West Coast and a large portion of the upper Northeast, a January 2017 study by the National Academies of Science, Engineering and Medicine is providing some conclusive […]

VIDEO: Bitcoin? Pot? Banks Say No, Thanks

In a struggling economy, banks can use new customers as much as any other business. But banks are steering far wide of medicinal marijuana, online gambling, and virtual currencies that may be legal but might also attract Uncle Sam’s eye. Andrew Johnson discusses on MoneyBeat. Photo: AP.

Read more… “VIDEO: Bitcoin? Pot? Banks Say No, Thanks”

VIDEO: Online Black Friday Electronics Shopping On The Rise

The Consumer Electronics Association Black Friday survey showed that of the consumers who bought consumer electronics, 55% did so on-line, vs. 45% last year. Of the 35% that bought a CE product, tablets at 29% were the most popular item with headphones in second at 24%, video game hardware third at 21%, smartphones at 19% and laptop/notebook computers rounded out the top five at 17%. Additionally when purchase intentions for the weekend are included, tablets would be bought by 39% of consumers.

Read more… “VIDEO: Online Black Friday Electronics Shopping On The Rise”