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)
Twitter
Tags: stocks
Stocks: EAPH, MCIG, XXII

The 3 Top Marijuana Penny Stocks to Watch September 2018

By Money Morning News Team, Money Morning • September 5, 2018

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Your email address will not be published.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

With the legal cannabis "gold rush," underway, investors are looking for theĀ top marijuana penny stocks to watchĀ in September 2018.

You see, North American legal marijuana sales topped $10 billion in 2017, and those figures are expected to jump another 145% by 2021.

Now, there are risks involved withĀ pot penny stocks, so you should limit your investments to those with the kind of strong financial backing that can generate real returns.

That's why we've identified three marijuana stocks set to give shareholders real profits. In fact, one of ourĀ marijuana penny stocks to watchĀ is set to gain over 300%...

Top Marijuana Penny Stocks to Watch Now, No. 3: Easton Pharmaceuticals Inc.

Easton Pharmaceuticals Inc.Ā (OTCMKTS: EAPH) is known for producing a successful motion-sickness product called Nauseasol as well as an anti-aging wrinkle cream called Skin Renou HA.

And it's now expanding into the legal cannabis market. According a report from Benzinga, Easton is in the midst of concluding a $1.3 million deal with the Alliance Group, a Canada-based cannabis company.

The No. 1 Secret Every Cannabis Millionaire Knows: This secret - and the shocking prediction in this free video - could make you at least $1 million richer in 2018. To learn how to download the comprehensive list and analysis of today's four hottest marijuana stocks, go here now...

It has advanced $575,000 to Alliance, and the terms give Easton a 30% stake in 135 acres for marijuana cultivation and production.

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
Easton will be entitled to half of Alliance's revenue from other businesses until revenue can be generated by its portion of cultivated land.

It remains unclear whether Easton will use the marijuana for its own products or plans to sell it to other companies.Ā However, Canada's plans to fully legalize marijuana by Oct. 17 should create significant demand from the company's stake.

Over the past year, EAPH stock has traded between $0.01 and $0.03 per share. You can currently pick up shares in this company at $0.02.

The next company on ourĀ pot stocks to watchĀ list is creating a solution for marijuana advertising in a North American legal cannabis sector that is worth $10 billion...

Top Marijuana Penny Stocks to Watch Now, No. 2: MCig Inc.Ā 

MCig Inc.Ā (OTCMKTS: MCIG) is a Las Vegas--based full-service marijuana company. It specializes in marijuana consulting, construction services, supplies, CBD products, and vaporizers.

In an effort to expand its revenue from cannabis, Mcig is now developing an online ad network...

Last October, MCig announced the launch of eHESIVE, a new online cannabis ad network offering advertisers and publishers a venue to target marijuana users.

This is significant for legal cannabis companies...

You see, legal marijuana companies aren't permitted to advertise on Google or Facebook Inc. (Nasdaq: FB).

And since Facebook boasts more than 2 billion monthly active users and more than 77% of worldwide internet searches are made on Google, this leaves cannabis companies essentially unable to reach new customers.

The eHESIVE platform will allow marijuana companies to place ads on its network to reach new clients. And the company is very optimistic on the platform's profit potential.

A 2017,Ā MarijuanaStocks.comĀ report says the MCig is developing its market share "early in the game." This is setting up MCig for a substation advertising and valuation potential.

Over the past 52 weeks, MCig has traded between $0.14 and $0.39. Shares are currently trading at $0.33.

As the eHESIVE network and its reach grow, the company's share price is likely to surge over the next 12 months.

This is great news for mCig, but our top pick amongĀ cannabis stocks to watchĀ is expected to generate even higher returns.

In fact, investors could see a 363% return on this top pot stock...

Join the conversation. Click here to jump to comments…

Login
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Jaya
Jaya
4 years ago

Would like to know the Marijuna stocks still have a growth potential and rewards

0
Reply


Latest News

June 3, 2023 • By Garrett Baldwin

Postcards - Do This Whenever You See Buffett Buy OXY

June 2, 2023 • By Nick Black

Market Roundup: Digital Assets to Watch for the Weekend of June 2

June 2, 2023 • By Shah Gilani

earnings
How to Profit on a "Bankruptcy Wave" Hitting Markets Hard
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 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 Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

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 or Share My Personal Information

wpDiscuz