Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes

Analysis originally distributed on November 10, 2016 By: Michael Vodicka of Cannabis Stock Trades

The results are in. November 8, 2016 will go down in history as a great day for the legal cannabis industry and the world.

Nine U.S. states had medical and recreational marijuana programs on the ballot. From those nine states, eight have voted yes.

On the recreational side, four out of five states have approved new initiatives.

  • California: passed
  • Massachusetts: passed
  • Nevada: passed
  • Maine: passed
  • Arizona: failed

As you can see this list includes California, the world’s largest marijuana market.

On the medical side, all four states voted yes.

  • Florida: passed
  • Arkansas: passed
  • Nevada: passed
  • North Dakota: passed
  • Montana: passed

Florida looked like a huge baller this election cycle.

Not only did it virtually decide the presidential election as a key swing state, it also decided to throw another log on the fire and legalized medical marijuana for good measure.

These results mark a watershed moment for the legal cannabis industry. I expect these additional legalizations to serve as a huge catalyst for the industry.

On January 1, 2017, 29 states, more than half the country, will have medical and recreational programs in place.

That will create new jobs, increase tax revenue and decrease crime.

I also expect it to be a powerful catalyst for marijuana stocks. Continue reading "Cannabis Industry Bats 88% As 8 Out Of 9 States Vote Yes"

3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016

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Cannabis Stock Trades is an exciting new site that will help traders profit from the explosive legal cannabis industry. Cannabis Stock Trades is powered by

The U.S. economy is in a funk.

Second-quarter gross domestic product (GDP), the broadest indicator of economic strength, clocked in at just 1.1%, well below expectations of 2.4%.

In economics, 1.1% GDP growth is the equivalent of “holding your nose just above water.”

In the meantime, the S&P 500 is mired in a nasty earnings recession. Earnings have now declined for the last five quarters. The last time that happened was in 2009 during the financial crisis.

The weak economy has created a dilemma. Investors are desperately searching for growth.

I've got the solution. Continue reading "3 Little-Known Cannabis Stocks Beating the S&P 500 by at Least 1,000% in 2016"