Analysis originally distributed on January 3, 2018 By: Michael Vodicka of Cannabis Stock Trades
2017 turned out to be a great year for cannabis stocks - particularly if you knew which stocks to buy.
The North American Cannabis Index was up 86% in 2017.
Canadian stocks were on fire - the Canadian Cannabis Index was up 160% in 2017.
Most improved award goes to US cannabis stocks - they were steadily falling for most of the year - down 40% on the year in late October.
Then in early November, a major rally kicked in and US cannabis stocks rallied hard - with the US cannabis index jumping more than 100% from the 52-week low. Continue reading "North American Cannabis Index Jumps 86% in 2017"
Analysis originally distributed on October 25, 2017 By: Michael Vodicka of Cannabis Stock Trades
Cannabis oils is one of the fastest growing sub-industries in the cannabis sector.
According to a recent Health Canada report, the cannabis oil sector grew more than 871% between April 2016 and March 2017.
The reason for that incredible growth is simple - health benefits. Vaping or placing a few drops of cannabis oil under the tongue doesn't irritate the lungs like smoking cannabis.
Looking forward, this is still the beginning of the trend. Oil should continue to capture market share from dried cannabis for many years.
This migration to oils is creating a great investment opportunity.
In Canada, only a small group of licensed producers have a second license to manufacture and sell oils.
That's why I'm excited to share an undercover Canadian cannabis company. Continue reading "Cannabis Oils Leader Delivers 80% Revenue Growth"
Analysis originally distributed on October 4, 2017 By: Michael Vodicka of Cannabis Stock Trades
Growing revenue by more than 100% for 11 consecutive quarters is no small accomplishment.
A statistic like that immediately tells me two things about a company.
Number one, it is operating in a high-growth industry.
Number two, it is doing a great job of capturing that growth.
These are the reasons I'm excited about the little-known cannabis stock I am going to share today.
This early industry leader just reported its 11th consecutive quarter of at least 100% revenue growth.
That's a pretty ridiculous streak - I haven't seen anything like it even in the high-growth cannabis industry.
That's why shares are up 104% in 2017 and ready for more.
Let's take a closer look. Continue reading "100% Revenue Growth for 11 Consecutive Quarters"
Analysis originally distributed on September 27, 2017 By: Michael Vodicka of Cannabis Stock Trades
The Priceline Group Inc. (NASDAQ:PCLN) has been one of the best performing stocks in the S&P 500 for the last ten years.
Priceline's gain of 1,970% destroyed the S&P 500's 64% return in the same period. Take a look below.
Investing $1,000 ten years ago would be worth $19,700 today.
Investing $10,000 ten years ago would be worth $197,000.
The reason for Priceline's success is simple. It uses technology to help consumers find great deals.
Today - I see this same cycle repeating itself in the cannabis sector. Continue reading "The Priceline of Cannabis up 213% in 2017 - More to Come?"
In April the world's first Marijuana Exchange Traded Fund, Horizon Medical Marijuana Life Sciences ETF (TSE:HMMJ) hit the public markets. The ETF went public at $10 per share and popped during its first few days of trading.
When HMMJ hit the public markets, investors were craving exposure to marijuana stocks as new laws and regulations have helped push marijuana into the mainstream spotlight. Some U.S. states and parts of Canada have decriminalized the drug while it has spread in popularity and acceptance for its medical use.
HMMJ has traded as high as $23 per share since going public, but currently, it is below its Initial Public Offering price, trading at $9.36 per share. So what is happening and is it worth investing in the industry today? Continue reading "Should You Be Investing In Marijuana"