In a further sign that marijuana has attained legitimacy on Wall Street, Merrill Lynch has initiated coverage on the sector in recent months – and analysts at the firm are particularly optimistic about the prospects of five cannabis companies, whose stocks they rate as Buy. For these five marijuana stocks – including what could be “an off-the-radar play for investors looking for a marijuana play with lower name recognition” – CLICK HERE.
While everything appears to be falling into place for the North American marijuana industry to be an unprecedented growth opportunity, today’s article notes that, when it comes to individual cannabis companies, “Over the past seven months, three marijuana stocks have gone from having the full support of their shareholders to having partially or completely destroyed that faith in management.” For these three pot stocks that have gone from popping with promise to problem-plagued – including the firm the author singles out as “the train wreck of all train wrecks” – CLICK HERE.
As marijuana investing becomes increasingly mainstream, Wall Street analysts are increasingly initiating coverage of cannabis stocks. Among the most recent additions, Bank of America has initiated coverage of four cannabis stocks – three of which the firm is bullish on. For more – including Bank of America’s top cannabis stock pick and which of the four pot stocks it is not recommending – CLICK HERE.
Tilray, Canopy Growth, Cronos Group and Aurora Cannabis are among the most well-known names among investors in the cannabis space. However, the author of today’s article argues that while “Overall, the longer-term future of the [cannabis] industry actually appears positive as the inevitable consolidations and acquisitions shake-out the weaker players and help build much larger, stronger cannabis companies…that does not mean now is necessarily a good time to buy those stocks.” For his fundamental and technical analysis of these four pot stocks, CLICK HERE.
As marijuana stocks’ impressive run so far this year generates increasing investor interest in the sector, the author of today’s article warns of a danger associated with buying and selling pot stocks, a danger “with which even experienced investors aren’t entirely familiar” and which “can eat into your profits and even turn gains into losses”. That danger? Illiquidity risk. How can you manage illiquidity risk if you want to trade a pot stock not on a major exchange? CLICK HERE.
When 2019 comes to a close, what will have been the biggest developments that impacted marijuana stocks – and which pot stocks will have benefitted the most from those developments? In today’s article, the author provides his answers to those questions – identifying what he believes will be the three critical developments for marijuana stocks to watch this year and the specific stocks that are positioned to be the most likely winners from those developments. For more, CLICK HERE.
Cryptocurrencies and marijuana stocks have more that connects them than the fact that both had impressive showings in 2017. The author of today’s article notes that “what most investors may not realize is that cryptocurrencies and the cannabis industry may soon be tied at the hip. Cryptocurrencies are helping to shape a cannabis industry that’s facing multiple hurdles, especially in the United States where pot is still illegal at the federal level.” The author proceeds to detail “three unique ways cryptocurrencies are attempting to solve major issues for the marijuana industry” – and why this connection is important to investors. CLICK HERE.
In regards to investing in the marijuana industry, the author of today’s article states that, while “we are big believers in where this emerging trend is going in terms of an end result helping people with a myriad of physical ailments and more serious medical conditions…the wrong investment path to that end result could end very badly for investors depending on how they choose to participate in the theme.” So what might be the best investment path when it comes to this nascent industry? CLICK HERE for more.
While Canada is on track to fully legalize marijuana this year – and Canadian marijuana stocks on the whole stand to capitalize – not every company will necessarily be a winner and some Canadian pot stocks could be dangerous. Today’s article highlights one Canadian marijuana stock that – while up 367% over the last two years on expectations of growth – may not be such a “supreme” choice. CLICK HERE for more.