2 Red Hot Cannabis Stock IPOs To Play

Stock IPOs are one of Wall Street’s most exciting events. When shares of a company begin trading on the stock exchange, investors get their first shot to invest in an exciting, young company. These early investments can also turn out to be very profitable. That is particularly true for the cannabis industry.

Although there is plenty of risk in cannabis stock IPOs, many have turned into profit gushers in the last few years.

One example is Cresco Labs (CL, CRLBF). Cresco is one of the largest cannabis companies in the U.S. This stock is a direct play on Illinois legalizing recreational cannabis. Since going public on the Canadian Securities Exchange in December, shares have almost doubled.

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New Cannabis IPOs Hitting The Street

Two new cannabis IPOs just began trading this week. That means that investors can now buy shares in these companies and do so ahead of the curve.

One is a play on California’s high-growth cannabis market. Continue reading "2 Red Hot Cannabis Stock IPOs To Play"

It's A Good Thing That Cannabis Is Still Illegal In The U.S.

Investors interested in cannabis stocks are facing some very conflicting opinions.

On one side you have the skeptics. That’s the large group of voices shouting that cannabis is the worst investment ever.

On the other side, you have the get-rich-quick crowd. That’s the group of people who are convinced that owning cannabis stocks for a few years is a quick path to riches and early retirement.

The truth usually lies somewhere in the middle – and that’s true for cannabis stocks.

I think cannabis stocks are a good investment. I also think the cannabis industry is in a position to see a big expansion in the next two years.

While that might not send cannabis stocks to the moon, I do expect it to deliver market-beating gains for the sector that could give your portfolio a very nice boost.

Cannabis Is Still Illegal in the U.S. – That’s a Good Thing for Investors

In a recent article from Kiplinger titled Buy Marijuana Stocks Now? You’d Have to Be Stoned, the author suggests that investors should avoid the sector because cannabis is still illegal on the federal level. Continue reading "It's A Good Thing That Cannabis Is Still Illegal In The U.S."

Telling Charting Pattern For Oversold Cannabis Stock

The cannabis sector is now the most oversold it has been in the last two years.

Truly, it's creating one of the best buy opportunities we've seen in quite some time.

In this week's issue of my free newsletter, I review what I believe is the most oversold cannabis stock.

This stock's chart is making a repeat pattern that typically precedes a big rally. It has happened three times in three years and I believe it's happening again.

Oversold Cannabis Stock

In my newsletter, I'll share that chart pattern with you and where I think this stock is headed.

Sign up for my free newsletter.

I'll shoot you this week's newsletter right away. Plus, I'll send you industry info, analysis, and updates on important regulatory news every week.

Grab this newsletter to see this stock before this opportunity passes you by!

Best wishes,
Michael Vodicka
Editor, Cannabis Stock Trades

Cannabis Stocks With Impressive Dividend Yields

For dividend investors, the cannabis sector looks pretty scary.

This high-growth sector has a reputation for extreme volatility, unpredictable earnings reports, and mega-acquisitions that can stress the balance sheet.

While these traits hold true for a large segment of the cannabis sector, what many investors don’t realize is that there is a hidden class of cannabis stocks that completely buck the trend.

These undercover cannabis stocks offer more share price and earnings stability than the traditional cannabis stock. More important – they are also excellent dividend payers.

3 of the Best Cannabis Dividend Stocks

These three dividend payers all have unique qualities:

  • The first pays a 5.4% dividend that is a 150% premium to the S&P 500’s 1.8% dividend yield.
  • The second has grown its dividend by more than 200% in the last two years.
  • The third has a low dividend payout ratio of 58%, making it highly reliable.

Largest Dividend

Continue reading "Cannabis Stocks With Impressive Dividend Yields"

Florida's Largest Cannabis Player Set to Expand

Florida’s cannabis market is about to be unleashed and I think this early industry leader is ready to cash in on the booming trend.

Back in 2016, Florida created a law that restricted state cannabis companies to operating 25 dispensaries. That cap was designed to expand as the number of medical cannabis patients increased. Today, the cap stands at 35.

However, in a recent and major legal victory, this cap is about to be wiped out.

The largest cannabis company in Florida now plans to expand from 27 dispensaries to 49.

This sets the stage for this early industry leader, and Florida’s cannabis market to accelerate big time. That’s really saying something, because Florida is already one of the fastest-growing cannabis markets in the US, seeing huge gains in 2018. Continue reading "Florida's Largest Cannabis Player Set to Expand"