Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
This Is the Top Marijuana Penny Stock of November 2017
https://mney.co/2zKhhGS
Required Please enter the correct value.
Twitter
Stocks: BLOZF, FRLF, LXRP, NCAP, SMG

This Is the Top Marijuana Penny Stock of November 2017

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 • November 16, 2017

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

The top marijuana penny stock of November so far is Cannabix Technologies Inc. (OTCMKTS: BLOZF).

Shares of the Canadian company - which is developing a breathalyzer device that can detect marijuana's main chemical, THC - are up 176.6% since the start of November.

While all the stocks on this list have posted double-digit gains this month, that doesn't mean they'll have the most profit potential in 2018. That's why we're also going to show you one of the best marijuana stocks to invest in for next year...

Marijuana Penny Stock Current Price November 2017 Gain (as of Nov. 16)
Cannabix Technologies Inc.

(OTCMKTS: BLOZF)

$1.30 +176.6%
Freedom Leaf Inc.

(OTCMKTS: FRLF)

$0.07 +133.3%
Lexaria Bioscience Corp.

(OTCMKTS: LXRP)

$0.85 +117.9%
Northsight Capital Inc.

(OTCMKTS: NCAP)

$0.12 +100.2%
Blue Line Protection Group Inc.

(OTCMKTS: BLPG)

$0.02 +100%
American Cannabis Co. Inc.

(OTCMKTS: AMMJ)

$0.83 +62.7%
Golden Leaf Holdings Ltd.

(OTCMKTS: GLDFF)

$0.18 +38.5%
MariMed Inc.

(OTCMKTS: MRMD)

$0.44 +29.4%
Cannabics Pharmaceuticals Inc.

(OTCMKTS: CNBX)

$0.92 +27.8%
Solis Tek Inc.

(OTCMKTS: SLTK)

$1.39 +25.2%

BREAKING: New Legislation Could Turn Tiny Pot Stocks into Millions. Click Here...

Shares of BLOZF stock climbed 92.2% from Nov. 14 to Nov. 15 after leading magazine Business in Vancouver listed Cannabix on its list of "50 Innovations to Watch."

BIV says the company's marijuana breathalyzer being developed for law enforcement and workplace is one of 50 innovations in British Columbia that's "making waves across the province, the country and the world."

top marijuana penny stockThe firm also announced that its Canadian stock - which is currently listed on the country's bellwether CSE Composite Index under the ticker "BLO" - qualifies for the CSE25 Index. That stands for the Canadian Securities Exchange 25 Index, which includes the top 25 companies by market cap on the CSE Composite. Cannabix's qualification for a select area of the Canadian stock market helped push BLOZF stock up 92.2% from Tuesday to Wednesday this week.

Although BLOZF's 176.7% gain this month makes it look like a tempting investment, we're recommending a different cannabis stock today...

Shares of this company are more expensive than a penny stock, but Money Morning Director of Technology & Venture Capital Research - and marijuana stock expert - Michael A. Robinson says it's worth the extra money.

That's because the company is a pioneer in a niche sector of the marijuana market - hydroponics.

"Hydroponics" refers to the method of growing cannabis in mineral-rich water rather than soil. This is considered revolutionary across theĀ marijuanaĀ industry, since it allows the plants to grow faster without the need for farmland.

"This method means no mess and, more importantly, no pesticides," Michael explained. "That's a key consideration for green consumers."

But the sector's growth potential will not only benefit green consumers, but also investors in hydroponics companies. Research firm Manifest Mind LLC forecasts the value of all hydroponically grown plants worldwide will rise 20.3%, from $19.95 billion in 2015 to $24 billion in 2018.

That's why we're showing you this niche industry's best company to invest in - one whose revenue just from its hydroponics business could grow 300% in the next few years...

Buy This Marijuana Stock to Profit from the Hydroponics Industry in 2018

Join the conversation. Click here to jump to comments…

Login
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Stacey Hampilos
Stacey Hampilos
5 years ago

I would like to invest in Pot Stocks but I have never done Stocks before. Do you have any suggestions how I can get started? Thank you

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz