Are US Cannabis Stocks Ready To Push Higher?

Analysis originally distributed on May 10, 2018 By: Michael Vodicka of Cannabis Stock Trades

US cannabis stocks got a big jolt last month after President Trump promised to support cannabis.

After taking a short breather, it looks like US cannabis stocks are ready for another push higher.

The MJIC US cannabis index in a formation known as a Bullish Flag – a formation on the chart that frequently leads to an upside breakout and new high.

US Cannabis Stocks

This Bull Flag is creating a great opportunity. If the index surges higher cannabis shareholders should pick up some nice gains.

Today – I want to reveal a promising young cannabis company headquartered in Canada that is making a big splash in the US cannabis market. Continue reading "Are US Cannabis Stocks Ready To Push Higher?"

Game-Changing Reversal In US Cannabis Policy

Analysis originally distributed on April 19, 2018 By: Michael Vodicka of Cannabis Stock Trades

US cannabis stocks just had their best day of the year after a game-changing shift in US cannabis policy hit the Street. If I’m correct, the stage is now set for a huge rally that could send cannabis stocks deep into a new all-time high.

On April 13, the US cannabis index jumped more than 15%, the largest one-day gain of the year, on news of a huge shift in US cannabis policy.

LLLL

In news that completely shocked the cannabis industry and stocks, President Trump promised to support legislation to protect state cannabis rights.

Here’s a clip from a Bloomberg article with more details: Continue reading "Game-Changing Reversal In US Cannabis Policy"

Sales Jump 85% For Cannabis Security Company

Analysis originally distributed on March 28, 2018 By: Michael Vodicka of Cannabis Stock Trades

Due to restrictive federal banking regulations, cannabis dispensaries are known to operate with large amounts of cash.

Copious amounts of cash have attracted criminal activity to the industry.

For example, in 2016 a security guard at a Colorado dispensary was killed.

In late summer 2017, a cannabis dispensary in San Fransisco was robbed of $600,000 in cannabis products.

Police say these kind of robberies are becoming more common.

If you poke around on the Internet, you will find hundreds of stories about criminals targeting cannabis dispensaries for cash and product.

Until the US cannabis industry is free from these restrictive federal banking regulations, cannabis dispensaries remain as hot targets for criminals.

While this is a speed bump in the long-term growth potential of the US cannabis industry, it's also creating a significant opportunity for a former military security specialist and his promising security company.

This little-known security company: Continue reading "Sales Jump 85% For Cannabis Security Company"

Growing Potential in Puerto Rico

Analysis originally distributed on February 21, 2018 By: Michael Vodicka of Cannabis Stock Trades

Puerto Rico legalized medical cannabis in early 2015.

In the next two years, millions in new capital flowed into the industry, giving birth to a string of greenhouses and dispensaries.

However, Puerto Rico's promising young cannabis industry suffered a major setback in the fall of 2017 when the country was struck by a devastating hurricane, Maria.

Here's a quote from NBC News:

"Big manufacturing and grow facilities have had their roof blown off, there is water in their manufacturing rooms, equipment damaged, no light for plants and most are dead," said Goodwin Aldarondo, the president and CEO of Puerto Rico Legal Marijuana. You're talking about millions of dollars of damage."

Despite the impact of hurricane Maria, one young cannabis company is pushing forward with its expansion plans - in the early stages of building five cannabis dispensaries in Puerto Rico.

If it succeeds, the company is in position to be an early leader in the high-growth medical cannabis industry.

Let's take a closer look. Continue reading "Growing Potential in Puerto Rico"

Another 1,000% Gain For An Early CBD Leader?

Analysis originally distributed on February 14 2018 By: Michael Vodicka of Cannabis Stock Trades

PotNetwork Holdings (OTC:POTN) has been one of the best performing cannabis stocks in the last five weeks.

Despite a recent pullback with the broader cannabis sector, shares of the US-based CBD specialist are still up more than 1,000% in just the last five weeks, jumping from $0.06 on December 26 to $0.65 on February 13.

PotNetwork Holdings

Those are the kind of short-term gains that can have a serious impact on a shareholders financial profile.

If you missed out on the big move higher - don't worry - I see this same pattern repeating itself with a little-known, CBD specialist that just began trading on the Australian Stock Exchange in early January. Let's take a closer look. Continue reading "Another 1,000% Gain For An Early CBD Leader?"