Analysis originally distributed on April 5, 2017 By: Michael Vodicka of Cannabis Stock Trades
The year is 1848. Hundreds of thousands of ambitious Americans are heading west to cash in on the California gold rush.
Some of these early speculators became rich. But many went bust.
Through it all, the businesses that ended up scoring the biggest profits were the ones selling picks and shovels to the miners.
This slice of U.S. history gave birth to the modern investment strategy know as the “pick and shovel play.”
A pick and shovel play means investing in companies that sell supplies and equipment to an entire industry.
For example, tractor maker Deere & Co. (NYSE:DE) is a pick and shovel play on the global agriculture industry.
Pick and shovel plays happen all across the economy.
Including the cannabis industry. Continue reading "This Cannabis "Pick and Shovel Play" Grew Revenue 130% In 2016"
Analysis originally distributed on March 22, 2017 By: Michael Vodicka of Cannabis Stock Trades
If you are the kind of person who loves getting a great deal, the cannabis sector is calling your name.
Cannabis stocks are officially on sale.
This blast of weakness has been driven by two things.
There are still lingering concerns over US drug policy after some questionable comments on cannabis enforcement from White House Press Secretary, Sean Spicer.
I think these concerns are overblown - read my full analysis - but none the less, it has definitely been a lingering concern and weighed on cannabis stocks.
Canada also recently spooked cannabis stocks a bit.
Canada's cannabis czar said the country won't rush legalizing recreational cannabis in order to make sure it is done properly.
BIG NEWS!!! We're now accepting new Cannabis Stock Trades Premium members!
This may look like bad news on the surface. For shareholders, it's never fun watching a stock you own do anything but go up. For potential shareholders, it can be intimidating to buy a stock that has been falling.
However, I am hear to tell you this weakness is creating a great opportunity. Continue reading "This Is The Best Time To Invest In Cannabis Stocks"
Analysis originally distributed on March 15, 2017 By: Michael Vodicka of Cannabis Stock Trades
Cannabis legalization isn't just happening in the U.S and Canada. It's happening all across the world. It seems like every month or so a new country joins the party.
For example, In early 2016 Colombia's Congress voted to legalize cannabis for medical and scientific purposes.
In the Middle East, Israel is decriminalizing cannabis for recreational purposes.
In late January, Germany passed a bill legalizing the production, sale and use of medical cannabis.
This is good news for cannabis stock investors. It means the industry is growing.
This week, I want to tell you about a well-known country of 24 million that just launched its promising young medical cannabis industry. Continue reading "First Ever Australian Cannabis Stock Set To Lead Industry"
Analysis originally distributed on February 8, 2017 By: Michael Vodicka of Cannabis Stock Trades
Cannabis stocks are off to a good start in 2017.
After gaining 4.2% in January, the MJIC North American Cannabis Stock Index is now up more than 5% on the year.
Although that’s a great return for any ‘normal’ stock index, it might not jump off the page after cannabis stocks delivered big returns in 2016.
However, looking below the surface, you’ll see plenty of cannabis stocks have been burning up the charts in 2017.
Canadian cannabis stocks have been leading the pack.
Canopy Growth Corp (TSX:WEED), Canada’s largest medical cannabis company, is up 25% in 2017.
That bullish movement has been driven by a steady stream of good news. Continue reading "North American Cannabis Stock Index Already Up 5% In 2017"