Today, we're showing you 10 marijuana penny stocks to watch this month, including the biggest gainers from August. Then, we'll show you how to profit from Canada's upcoming cannabis legalization set for July 1, 2018 - which could grow the country's cannabis sales by 400% in four years...
|Marijuana Penny Stock||Today's Share Price||August 2017 Gain|
|Praetorian Property Inc. (OTCMKTS: PRRE)||$0.96||+255%|
|MariMed Inc. (OTCMKTS: MRMD)||$0.57||+201.7%|
|United Cannabis Corp. (OTCMKTS: CNAB)||$0.95||+179.2%|
|Evergreen-Agra Inc. (OTCMKTS: EGRN)||$4.25||+83.3%|
|Green Spirit Industries Inc. (OTCMKTS: GSRX)||$11.50||+77%|
|Gala Global Inc. (OTCMKTS: GLAG)||$0.87||+61.8%|
|Easton Pharmaceuticals Inc. (OTCMKTS: EAPH)||$0.02||+50%|
|American Cannabis Co. Inc. (OTCMKTS: AMMJ)||$0.85||+32.9%|
|22nd Century Group Inc. (NYSEMKT: XXII)||$2.22||+25.7%|
|MediJane Holdings Inc. (OTCMKTS: MJMD)||$2.05||+20.6%|
The top pot penny stock on our list is Praetorian Property Inc. (OTCMKTS: PRRE), a real estate company that caters specifically to marijuana businesses. Praetorian sells commercial properties to regulated cannabis growers, distributors, and suppliers across the United States.
Shares of PRRE surged from $0.27 at the July 31 close to $0.96 at the Aug. 31 close. Investors who bought and sold on those respective dates saw a total return of 255%.
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While no major news fueled the stock's 255% gain last month, there were several major spikes in trading volume. Total volumes on Aug. 16 and Aug. 18 reached 26,800 and 26,600 shares, respectively. Those were higher than the stock's two-month (65 day) average volume of 24,200.
These spikes in volume - and therefore share price - are commonly associated with marijuana stocks like PRRE because they trade over the counter. These over-the-counter (OTC) markets aren't as strictly regulated as the Nasdaq or New York Stock Exchange (NYSE), which are monitored by the U.S. Securities and Exchange Commission (SEC).
But we don't recommend buying any of the pot stocks on the list above. They've already seen double- and triple-digit gains - here at Money Morning, we like to position you in front of a rally so you can make the most from your money.
That's why we're looking into profiting from the marijuana "bombshell" set to hit Canada next year...
In a brand-new interview, Money Morning Director of Technology & Venture Capital Research - and marijuana investing expert - Michael A. Robinson shares some great news about Canada's pot legalization.
It includes details on five tiny pot stocks that have the potential to turn a small stake into $100,000...
Here's your guide to the five best marijuana investments to make today...
This Is How You'll Profit from Marijuana Stocks and Canada's Legalization
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"There's tremendous momentum in the legal cannabis sector right now," said Michael. "The boom is crackling with excitement and flush with money, reminiscent of the old California Gold Rush."
"Call this the 'green rush,' where weed investors are pulling in profits hand over fist."
Michael is our renowned pot stock expert and one of our most prominent and respected investing "gurus" here at Money Map Press - and for good reason.
He is one of the top financial analysts working today. Make no mistake: Michael's ideas are completely his own.
He's been a board member for a Silicon Valley venture capital firm and a senior advisor to 12 high-tech startups.
He's also a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.
His research is world class, too. The Oakland Tribune, Detroit News, The San Francisco Examiner, The Kansas City Times, Wealth Magazine, and American Banker have all published his reporting. He's even appeared on Larry King's syndicated radio show and is a regular guest on CNBC's "The Rundown" and FOX Business Network's "Cavuto: Coast to Coast."
And he's focused on a new, earth-shattering government announcement that could completely change the legalization of marijuana - forever. In fact, thanks to this historic legislation, tiny pot stocks trading for under $5 are getting set to double, triple, or quadruple.
In an exclusive interview with Money Morning, Michael shares all the good news - including details on five tiny weed stocks that could potentially turn a small stake into $100,000. Click here to continue.