Marijuana

Medical Marijuana Stocks Bound for Growth The U.S. presidential election is about to kick into high gear, and one of the biggest beneficiaries of this election could be marijuana companies, especially those operating in the medical sector. Medical marijuana stocks are poised for huge growth if a pro-legalization…

Why the Best Could Be Yet to Come for America’s Pot Stocks If you’ve been following the marijuana industry, you’ll likely have noticed that quite a few big players come from north of the border. And that shouldn’t come as a surprise. Since the Canadian government legalized recreational…

Sanders Pledges to Legalize Marijuana on Day One as President It’s safe to say that the notion of legalizing cannabis in the U.S. has taken big steps forward in recent years. On the 1992 campaign trail, presidential candidate Bill Clinton said he experimented with marijuana, but famously added…

Bernie Sanders Just Opened Up a Huge Opportunity for Pot Stocks It's an election year, which means that anyone who even remotely pays attention to the news is going to be inundated with constant media coverage of the horse race that politics often devolves into. Whatever your political…

If You Like Pot Stocks But Don’t Like Risk... In the investing world, higher returns often come with higher risk. And that’s why, even though some industries have made plenty of investors rich, a lot of people are still standing on the sidelines. Take a look at cannabis,…

Curaleaf Stock Performance Signals Rise of U.S. Pot Stocks It wasn't so long ago that I wrote about Canopy Growth Corp (NYSE:CGC) being the industry leader when it comes to pot stocks. I pointed out that one of the best ways to predict how the marijuana stock market will…

Canopy Growth Stock on the Rise When it comes to the marijuana stock market, one stock has typically been the bellwether: Canopy Growth Corp (NYSE:CGC). The largest marijuana stock by valuation, the performance of CGC stock typically indicates whether the market is trending up or down. It's often…

Oklahoma Is No. 2 State for Cannabis Dispensaries The U.S. marijuana industry is growing at a rapid pace. Right now, recreational cannabis is legal in 11 states (and D.C.) and medical marijuana is legal in 33 states. Both of those numbers are expected to go up in 2020.…

A Number of States Could Legalize Recreational Pot in 2020 2020 is already taking shape as one of the most monumental years when it comes to legalizing recreational pot. On January 1, Illinois became the 11th U.S. state to legalize recreational pot. Over the first 12 days of…

Looking to Profit From Pot stocks in 2020? Read This Over the past two years or so, the legal cannabis industry has demonstrated its huge potential to stock market investors. While many pot stocks have had their ups and downs, getting in on the right pot stock at…

Marijuana Penny Stocks Are Dominating Penny stocks are among the most high-potential plays in the stock market. Having said that, there are fewer and fewer of these stocks around. Which makes marijuana penny stocks such exciting prospects for investors. Not only is the pot industry bound to grow…

The Fight for the European Marijuana Market One market that, for whatever reason, tends to be overlooked is the European legal cannabis market. Maybe it's due to Canada legalizing marijuana in 2018 or the U.S. becoming an increasingly pro-pot country, but we often forget just how powerful the…

Global Marijuana Sales Experience Huge Growth Despite the growing pains and the doom-and-gloom predictions for the legal marijuana industry, 2019 global pot sales were nothing short of stunning. The numbers don’t lie. Worldwide sales of marijuana were spectacular in 2019, soaring 48% year-over-year to $15.0 billion. (Source: “Global Cannabis…

2020: The Year of the Medical Marijuana Stock Something we’ve been documenting for a long while now is the slow but steady spread of medical marijuana legalization. In many parts of Europe, the entirety of Canada, and now a projected 40 states in the U.S., medical marijuana may…

Major Pot Stocks on the Rise Looking at the performance of marijuana stocks so far in 2020, we see strong gains that foretell even bigger moves in the near future. First, let's look at the current state of the cannabis industry. Last year was the first full year…

Thinking About Pot Stocks in 2020? Read This Booming industries can still have skeptics. No matter how fast a company’s business is growing, it’s never quite possible to have only bullish sentiment surrounding it. For instance, when Apple Inc. (NASDAQ:AAPL) was capitalizing on the expanding smartphone industry, there…

U.S. Marijuana Sales Continue to Impress Making nearly $3.2 million in sales is a good day in any business sector. What it tells investors is that there are a lot of people hungry for what that sector is selling. Illinois earning that much in sales during the state's first…

CDC Says Illegal Products Responsible for Hospitalizations Here's some good news for investors in vaping stocks. The U.S. Centers for Disease Control and Prevention (CDC) recently admitted that the rash of lung injuries that started in the summer of 2019 were linked almost exclusively to illegal marijuana vapes,…

Why Pot 2.0 Could Return Big Gains 2020 could be great for pot stocks. This year is looking bullish, as the segment has been easily outperforming the Nasdaq and S&P 500. In my view, a return to the risk on trade could provide a massive boost to marijuana…

Cannabis Dispensary Stocks a Compelling Subgroup for Growth Despite some analysts predicting that the legal cannabis market could eventually be worth $500.0 billion, we’re not quite there yet. The marijuana industry is still in its infancy and is experiencing growing pains. One subcategory that has been performing exceptionally…