Analysis originally distributed on Decemberber 20, 2017 By: Michael Vodicka of Cannabis Stock Trades
Last week I shared a list of 6 cannabis stocks I expect to profit from the legalization of recreational cannabis in California.
This week I am going to take a deeper dive into one of my favorite stocks from the list.
- This is a good stock to profit from California
- It's also a broad play on the US cannabis sector
- Third-quarter sales were up 86% from last year
- Shares just spiked into a 52-week high
- I see plenty more gains ahead.
GrowGeneration (OTC:GRWG) is a US cannabis company headquartered in Denver, Colorado.
Shares are traded in US, OTC markets under the ticker symbol GRWG.
GrowGeneration owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 13 stores, which includes 9 locations in Colorado, 2 locations in California, 1 in Las Vegas and 1 location in Seattle.
GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Continue reading "2 Profit Triggers Could Send This Stock Soaring In 2018"