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We've talked before about the "vaping crisis" – a kind of lung syndrome sickening and, in some cases, killing, users of vaporized cannabis and nicotine.
So far, it seems that illicit, black market products are making people sick, but the crisis is beginning to weigh on the legal market.
But, just as nature abhors a vacuum, markets don't much care for 'em, either.
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Earlier this year, I took the big step of calling Canopy Growth Corp. the "Microsoft of Cannabis."
I wasn't just trying to make waves – there's a good reason I said that. Canopy is making the moves it needs to make to be one of the most (if not the most) successful cannabis companies in the world.
These folks are not shy about their global ambitions.
And it turns out I'm not the only one who thinks so.
See, Canopy's price has been depressed since the summer – it's been happening with the whole cannabis sector, as we've seen.
But one trader – who I happen to think is onto something big – believes the stock turnaround could come in the next two weeks.
And this trader has put $35,524 of their hard-earned capital on the line to back up that belief.
Personally, I think it's a really smart move. And I believe it can tell us a lot about Canopy's immediate future, the future of the marijuana sector, and – best of all – how we can make some money there.
Take a look… Full Story
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Last month, when we talked about the $4 trillion potential of a fully realized global cannabis market, we saw how world governments have been trying for more than 100 years to stamp out the illicit drug trade.
Results have been mixed to poor, to put it mildly.
It seems for every victory, like the 1993 downfall of Colombian drug lord Pablo Escobar, there are two defeats, like the vast state resources used to keep 451,000 non-violent drug offenders in U.S. prisons or the low-level drug violence that's killed an estimated 115,000 people in Mexico since 2006.
That's one of the reasons why, across North America, there's a growing socio-political consensus that the war on drugs has been an expensive failure.
That "growing consensus" gets a whole lot broader when it comes to marijuana prohibition.
According to Gallup, support for cannabis legalization in the United States runs steady at 66% right now. That's up 30% since 2005.
But despite all the progress of the last 10 years, there still exists a thriving, persistently lucrative illegal market for marijuana – even in jurisdictions where it's completely legal. And because the march to full federal legalization is basically inevitable, that black market is doing more than anything else right now to hinder the growth of the legal cannabis sector.
I'll show you what I mean in a minute, because I really want to tell you about one fully legitimate company I know of that's aiming to outcompete the criminal sector – on price, no less.
This could be big… Full Story
This could be big... Full Story
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What could be better than buying some stock, kicking back, and getting "a little something extra" every quarter from management after a good run?
Ordinarily, cash dividends are great. They can be the main reason to even buy shares.
But with the notable exception of the "marijuana REIT," Innovative Industrial Properties, the cannabis industry is a little different.
In cannabis right now, a dividend could conceivably be a red flag.
When you own part of a cannabis company, you own a piece of an industry that's set to grow faster than any other industry has for generations.
But that claim doesn't come with a cash payout… yet.
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The cannabis sector is experiencing extensive growth all over the world right now. The future looks even better, as consumers – particularly in North American recreational markets – are set to fork over $57 billion a year for their cannabis by 2027, according to Arcview Research.
But as bright and lucrative as the future prospects of marijuana are, there's no getting around the fact that right now is a pretty tough time to be a cannabis investor.
Consider that the $782 million ETF Managers Tierra XP Alternative Harvest ETF – the richest cannabis-heavy exchange-traded fund bought and sold in the United States – is down some 16.5% for the year.
Now, marijuana stocks are all affected to one degree or another by the domestic and international stressors pushing down stocks across the board, but it seems like all sorts of challenges have cropped up for an industry with such explosive potential.
So I'll tell you what I told folks at the recent National Institute for Cannabis Investors retreat that just wrapped up in Las Vegas: what's causing the trouble – and most importantly, when we can expect the juicy gains to start up again… Full Story
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We're at the first annual National Institute for Cannabis Investors retreat in Las Vegas. It's been a lot of fun, of course (and you can learn how to get in on it here). But it's also been extremely productive – informative, too.
The retreat floor is packed with NICI Members, cannabis industry exhibitors, CEOs, and insiders. There's a lot of competition for attention, and everyone's doing the kind of networking you'd find in, say, Silicon Valley.
It's not a stretch to say Las Vegas is the perfect place to spot the next big marijuana investing opportunity. It's been a great opportunity to get on a first-name basis with cannabis company founders.
I've managed to carve out some time to meet with some of these very folks – and get a feel for their plans to leverage the explosive growth the American and global marijuana industry is experiencing right now.
To impress me, they'll have to convince me of just one thing… Full Story
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California and Nevada are southwestern next-door neighbors of course, and both are big legal "adult use" cannabis markets.
But for now, that's where the similarities end.
We've talked before about the botched job of patchwork cannabis regulations holding back California's multibillion-dollar potential; we've talked about one company that could send revenue there surging 50%, too.
Happily, the Golden State is straightening up its act and should reap massive "catch-up" benefits in relatively short order.
The Silver State, on the other hand, did regulation and taxation right (read that as "comprehensively" and "lower than California") the first time around, and as such, marijuana sales there are expected to soar 690%, from $103 million in 2017 to $814 million by 2025.
For my money, this makes Nevada the most important cannabis market in the world. This is no hunch, either; two transactions over the past few weeks have basically borne out my statement and validated the extreme value in the Nevada market.
This is something investors will want to get in on, and for now, it's easy to do… Full Story
This is something investors will want to get in on, and for now, it's easy to do... Full Story
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Even if you're not a cannabis investor, you've likely heard of the so-called "vaping crisis."
So far, no reputable, licensed cartridge or "e-device" manufacturers' products have been
linked to the epidemic and instead, the attention is on illicit "bootleg" cartridges. And now,
one marijuana company has made a move to not only protect itself, but also its market
share and consumers.
Here's why this is so exciting...
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Last week, The New York Times ran an editorial piece with the headline, "Do We Really Want a Microsoft of Marijuana?"
The author of the report, Christopher Caldwell, opines that the SAFE Banking Act would disproportionately help giant operators at the expense of smaller companies. That, in turn, would usher in a dystopian future in which multinational businesses develop new flavors and products to turn America's children into a nation of potheads.
I read a lot of wrongheaded news and misinformation pieces about cannabis, but this one may be the winner in terms of getting things wrong.
In barely 1,000 words, the author makes three points that need addressing.
The first is the overall theme. We absolutely want a Microsoft of marijuana!
We want one as investors, as consumers, and as supporters of the industry. Microsoft has its flaws, but overall, a lot of people have benefited from the success of the tech company. We can partially thank Microsoft for reliable computer operating systems, sophisticated spreadsheets, and cheap cloud computing that allows us to share our ideas in real time all over the world.
Do we want a company with the resources to improve the accuracy and speed of cannabis testing, one that can grow more precise strains for medical patients, and one that can perfect security and seed-to-sale tracking?
I want those things. So do you.
And he doesn't know it yet, but so does Mr. Caldwell. Here's why… Full Story
And he doesn't know it yet, but so does Mr. Caldwell. Here's why... Full Story
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Innovative Industrial Properties is one of my original cannabis recommendations. It's one of my favorites, too – and not just because it's given folks a chance at more than 200% in peak gains, either.
I like innovative because of its increasing yield and its totally unique position in the cannabis sector. It doesn't touch the plant, which frees it from the heaviest regulatory baggage, but as a real estate investment trust, it provides the real estate needed for cannabis companies to do business.
In fact, Innovative buys the cannabis facilities from the companies that build them and leases those facilities back at a handsome premium. Innovative collects rents in excess of market rates, and the companies get the cash they need to grow their cannabis business.
But since last we spoke about it, IIPR shares are down by about 35%.
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