Analysis originally distributed on March 7, 2018 By: Michael Vodicka of Cannabis Stock Trades
The Canadian cannabis sector scored another blockbuster win last week - and it led to a quick 30% gain for one of Canada's most promising young cannabis companies. If you missed the recent pop higher don't worry - I see this same pattern repeating itself at least a few more times in the next three months. Here's what is going on.
Cronos Group (CRON) is one of Canada's largest and most promising cannabis companies. Shares began trading on the Toronto Venture Stock Exchange in December of 2014. Since then, Cronos has delivered huge gains to shareholders, jumping more than 1400% from its IPO price of $.80.
That impressive performance helped Cronos make history last week when it became the first ever Canadian cannabis producer to trade on the US-based NASDAQ stock exchange. Continue reading "My Plan For Another 30% Gain In 5 Days"
Analysis originally distributed on February 28, 2018 By: Michael Vodicka of Cannabis Stock Trades
Back in June of 2017, the Toronto Stock Exchange recorded its largest Canadian cannabis IPO ever.
The event generated a lot of attention for the company going public and the broader cannabis sector.
Not all of it was positive. In fact, there were plenty of bearish headlines in the financial media.
Despite the bearish headlines, Cannabis Stocks Trades saw the long-term potential and added shares to our model portfolio in early June.
Nine months later, shares of Medreleaf (LEAF) are up 158% - even after a recent pullback. Continue reading "Record Canadian Cannabis IPO In 11 Days"
Analysis originally distributed on February 21, 2018 By: Michael Vodicka of Cannabis Stock Trades
Puerto Rico legalized medical cannabis in early 2015.
In the next two years, millions in new capital flowed into the industry, giving birth to a string of greenhouses and dispensaries.
However, Puerto Rico's promising young cannabis industry suffered a major setback in the fall of 2017 when the country was struck by a devastating hurricane, Maria.
Here's a quote from NBC News:
"Big manufacturing and grow facilities have had their roof blown off, there is water in their manufacturing rooms, equipment damaged, no light for plants and most are dead," said Goodwin Aldarondo, the president and CEO of Puerto Rico Legal Marijuana. You're talking about millions of dollars of damage."
Despite the impact of hurricane Maria, one young cannabis company is pushing forward with its expansion plans - in the early stages of building five cannabis dispensaries in Puerto Rico.
If it succeeds, the company is in position to be an early leader in the high-growth medical cannabis industry.
Let's take a closer look. Continue reading "Growing Potential in Puerto Rico"
Analysis originally distributed on February 14 2018 By: Michael Vodicka of Cannabis Stock Trades
PotNetwork Holdings (OTC:POTN) has been one of the best performing cannabis stocks in the last five weeks.
Despite a recent pullback with the broader cannabis sector, shares of the US-based CBD specialist are still up more than 1,000% in just the last five weeks, jumping from $0.06 on December 26 to $0.65 on February 13.
Those are the kind of short-term gains that can have a serious impact on a shareholders financial profile.
If you missed out on the big move higher - don't worry - I see this same pattern repeating itself with a little-known, CBD specialist that just began trading on the Australian Stock Exchange in early January. Let's take a closer look. Continue reading "Another 1,000% Gain For An Early CBD Leader?"
Analysis originally distributed on February 7, 2018 By: Michael Vodicka of Cannabis Stock Trades
If you think robots are about to take over the world, I've got a great cannabis stock for you.
This early industry leader is leveraging the power of robotics and automation to develop some of the most innovative cannabis manufacturing equipment I have ever seen.
The company's flagship product is a highly engineered machine that helps cannabis producers quickly and cost-effectively extract oil from the cannabis plant.
If it catches on, this young cannabis company could grow into an industry pioneer and global leader.
Let's take a closer look.
Quadron Cannatech (QCC) is a young Canadian cannabis company headquartered in Vancouver.
Shares began trading on the Canadian Stock Exchange in February of 2017 under the ticker symbol QCC. I see average daily trading volume of 784,000 so this ticker is plenty liquid for 99% of regular investors.
I also see a US OTC listing under the ticker symbol QUDCF. I see much less liquidity here with average daily trading volume of 51,000. But that volume should still be adequate for most investors.
Here's why QCC grabbed my attention. Continue reading "Cannabis Automation Stock Jumps 135%"