Analysis originally distributed on May 31, 2018 By: Michael Vodicka of Cannabis Stock Trades
Cannabis IPOs have a proven history of delivering big returns in a short amount of time.
Medreleaf (LEAF) is a great example.
Medreleaf became the largest Canadian cannabis IPO ever in June 2017. Investors were eager to buy and shares quickly began rising.
Less than 12 months later, shares are up 275% from the IPO price.
Today – I see this same cycle repeating itself.
One of the largest US cannabis companies just began trading on the Canadian Stock Exchange – and much like Medreleaf – I am expecting good things. Continue reading "Is This Canadian Cannabis IPO The Next Big Winner"
Analysis originally distributed on March 7, 2018 By: Michael Vodicka of Cannabis Stock Trades
The Canadian cannabis sector scored another blockbuster win last week - and it led to a quick 30% gain for one of Canada's most promising young cannabis companies. If you missed the recent pop higher don't worry - I see this same pattern repeating itself at least a few more times in the next three months. Here's what is going on.
Cronos Group (CRON) is one of Canada's largest and most promising cannabis companies. Shares began trading on the Toronto Venture Stock Exchange in December of 2014. Since then, Cronos has delivered huge gains to shareholders, jumping more than 1400% from its IPO price of $.80.
That impressive performance helped Cronos make history last week when it became the first ever Canadian cannabis producer to trade on the US-based NASDAQ stock exchange. Continue reading "My Plan For Another 30% Gain In 5 Days"
Analysis originally distributed on February 28, 2018 By: Michael Vodicka of Cannabis Stock Trades
Back in June of 2017, the Toronto Stock Exchange recorded its largest Canadian cannabis IPO ever.
The event generated a lot of attention for the company going public and the broader cannabis sector.
Not all of it was positive. In fact, there were plenty of bearish headlines in the financial media.
Despite the bearish headlines, Cannabis Stocks Trades saw the long-term potential and added shares to our model portfolio in early June.
Nine months later, shares of Medreleaf (LEAF) are up 158% - even after a recent pullback. Continue reading "Record Canadian Cannabis IPO In 11 Days"