Tag: Medical Marijuana

Cannabis Oils Leader Delivers 80% Revenue Growth

Posted on by The INO.com Team

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" →

100% Revenue Growth for 11 Consecutive Quarters

Posted on by The INO.com Team

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" →

Should The Liquor Industry Be Worried About Legal Cannabis?

Posted on by admin

By: Luke Jacobi

Marijuana legalization may already be putting pressure on alcohol companies.

The maker of Jack Daniels, Brown-Forman (NYSE: BF-A) (NYSE:BF-B), released its annual report on Thursday, which included a laundry list of risks -- among them, recreational marijuana.

"Consumer preferences and purchases may shift due to a host of factors, many of which are difficult to predict," it noted, "including… the potential legalization of marijuana use on a more widespread basis within the United States."

Recreational marijuana use is currently permitted in Colorado and Washington, while at least 22 states have legalized cannabis for medical use.

Related: Cannabis Investors Preparing For Industry Data From WeedStock

Cannabis stock specialist Alan Brochstein believes alcohol firms have reason to worry.

"Big Alcohol is watching marijuana legalization closely," he told Benzinga, "and its very likely that these companies are highly concerned. Cannabis legalization is likely to lead to a substitution effect." Continue reading "Should The Liquor Industry Be Worried About Legal Cannabis?" →