Analysis originally distributed on April 12, 2018 By: Michael Vodicka of Cannabis Stock Trades
Winning a license to sell cannabis in Canada is a lot like winning the lottery. It’s an immediate pathway into an untapped $5 billion market.
However, just like the lottery – it’s not easy to get one of these permits.
Four years after Canada updated its domestic cannabis laws – only 97 companies have been licensed. Around 30 of those companies are publicly traded and control around 45 permits.
Today – I am going to reveal the most recent winner of Canada’s cannabis permit lottery. Continue reading "Canadian Micro-Cap Scores Sales Permit"
Analysis originally distributed on April 4, 2018 By: Michael Vodicka of Cannabis Stock Trades
Warren Buffet is the most successful investor of all-time. His net worth of $84 billion makes him the third richest person in the world.
Buffet’s fortune was built on a contrarian view on investing. He once said, “Be fearful when others are greedy and greedy when others are fearful.”
This is good advice for the cannabis sector right now.
After posting huge gains in 2017, the global cannabis sector fell into a bear market in the first quarter of 2018.
However, despite that short-term weakness, the long-term picture for the cannabis industry and cannabis stocks has never looked better.
Cannabis stocks got off to a blazing start in early 2018. Since climbing to an all-time high, the sector spent most of February and March trickling lower.
The Canadian Cannabis Index fell 15% in the first quarter.
Continue reading "Two Cannabis Giants Trading 61% Below 52-Week High"
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"
Analysis originally distributed on March 21, 2018 By: Michael Vodicka of Cannabis Stock Trades
Cannabis testing services is a high-growth cannabis sub-industry.
According to data from cannabis industry media company, High Times, the cannabis lab testing industry was valued at $866MM in 2016.
With more countries legalizing cannabis, demand for testing is expected to soar, with the cannabis testing industry expected to grow to $1.4 billion by 2021.
Today - I am going to reveal a little-known cannabis company cashing in big time from this high-growth sub-industry.
- Sales were up 438% in 12 months.
- It continues to expand in high-growth California.
- Shares are trading almost 50% below the 52-week high.
Evio Labs (OTC:EVIO) is a promising young cannabis company headquartered in Oregon with a market cap of $18MM.
I see a lot of growth potential for Evio. Continue reading "Cannabis Testing Company Sales Jump 438%"
Analysis originally distributed on March 14, 2018 By: Michael Vodicka of Cannabis Stock Trades
Cannabis beverages are quickly emerging as one of the fastest growing cannabis sub-industries.
For proof - look no further than Canopy Growth Corp (TWMJF), Canada's largest cannabis company.
Back in October, Canopy announced a groundbreaking $200 million investment from Constellation Brands (CONST), the third largest US beer distributor with Corona on the roster.
In the short run, news of the investment sent shares of Canopy soaring - jumping more than 100% in the next 10 weeks.
More importantly - the deal signaled an important shift in the Canadian cannabis industry. Continue reading "Canadian Cannabis Company Betting Big On Beverages"