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Marijuana Stocks

Marijuana Industry

3 Legal Marijuana Companies to Invest In

By , Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email

The number of legal cannabis companies in America is growing by the day.

It's no surprise.

Everyone wants in on one of the fastest growing industries in U.S. history.

The growth numbers are outrageous.

According to the National Institute for Cannabis Investors, legal marijuana sales totaled $10.8 billion in 2018.

In the next nine years, it's estimated the market could hit a whopping $2.6 trillion in annual sales.

The marijuana companies we'll show you today are the perfect balance of solid fundamentals and huge profit potential.

These are the three top legal marijuana companies to invest in now...

Marijuana Industry

Illinois Is Blazing the Trail for Cannabis Profits from “Prohibition Territory”

By , Director of Cannabis Investing Research, Money Morning - • Print | Email

It's been just over a month since Illinois has been legally selling recreational marijuana, and the response has been incredible.

In fact, in just the first month, Illinois hauled in a total $39.2 million.

That puts the state on pace for $470 million in total sales for 2020.

This all has to do with Illinois' neighbors…

Bordering Wisconsin, Iowa, Missouri, Indiana, and Kentucky, Illinois is in the perfect spot to capture the money people want to spend on legal, tested, and safe products.

It's become an "oasis" in prohibition land.

And it's proof of the profitability of a safe, regulated, market.

And it's proof of the profitability of a safe, regulated market. After the first year of legal recreational sales, it's going to be a wakeup call for the states dragging their feet, which is a huge catalyst for change - and profits...

stocks

2 CBD Stocks That Are Worth Investing In

By , Money Morning - • Print | Email

The CBD market was worth $813 million by the end of 2019, according Statista.

But we here at Money Morning think the market could conservatively grow 146% to $2 billion by the end of 2020.

And a recent forecast made by leading cannabis researchers BDS Analytics and Arcview Market Research projects the market could pull in $20 billion by 2024.

That would represent 2,360% growth from today.

So today, we're going to show you how the CBD industry can grow to a multibillion-dollar market.

And we'll even give you two of the best CBD stocks to buy to get you started.

Read more...

Marijuana Industry

Why These Companies Are Racing to Profit from Oklahoma's Cannabis Market

By , Director of Cannabis Investing Research, Money Morning - • Print | Email

With every U.S. state that goes "green," we see cannabis companies eager to serve these legalized markets.

The latest state to draw cannabis investment is none other than Oklahoma.

Oklahoma is one of the biggest markets in the country when you look at the number of medical cannabis cardholders per resident. It's estimated that nearly 5% of Oklahoma residents have a medical card, with 15.6 cannabis dispensaries per 100,000 residents. That puts it second only to Oregon.

Doctors in Oklahoma are able to prescribe medical cannabis for any condition. As of Jan. 20, the state had 235,786 patients.

Pair such a large market with the growth potential that more liberal laws offer, and you get more and more cannabis companies – like the ones I'll cover today – heading to the Sooner State… Full Story

Pair such a large market with the growth potential that more liberal laws offer, and you get more and more cannabis companies - like the ones I'll cover today - heading to the Sooner State... Full Story

Marijuana Industry

Kentucky Marijuana Legalization Gets a Surprise Boost

By , Money Morning - • Print | Email

Kentucky marijuana legalization has long been a distant possibility, but a shocking new poll from the Foundation for a Healthy Kentucky shows it may not be such a long shot.

The poll's finding show that 90% of Kentuckians favor legalizing marijuana for medical purposes, up from 78% in 2012.

And it couldn't have happened at a better time for legalization efforts...

marijuana industry

4 Stories Moving Weed Stocks Today

By , Money Morning - • Print | Email

The legal cannabis industry could be worth more than $60 billion in the next five years.

And cannabis investors who want a piece of that need to keep four stories on their radar this week.

Today, we're digging into the latest promises of candidates on the campaign trail, upgrades for weed stocks, and a major real estate deal that could foreshadow a wave of deal-making in 2020.

Read more...

Marijuana Industry

The 3 Best Marijuana Stocks on Robinhood

By , Money Morning - • Print | Email

Robinhood's no-fee trading platform has helped it add 3 million users since launching in 2013, making it as popular as major brokers like E-Trade Financial Corp. (NASDAQ: ETFC).

There's just one problem for investors looking for marijuana stocks: Robinhood doesn't let you buy stocks trading on over-the-counter exchanges.

That might limit your options when it comes to buying marijuana stocks on Robinhood, but it doesn't have to limit your profits.

We're going to show you how you can cash in on the cannabis sectors explosive growth with the three best pot stocks on Robinhood.

Read more...

Marijuana Industry

We’re Only Scratching the Surface of the Cannabis Plant’s Power – and Its Profit Potential

By , Director of Cannabis Investing Research, Money Morning - • Print | Email

Cannabis is one powerful plant.

It's a manufacturing machine. It makes a special class of compounds called cannabinoids, producing the most familiar cannabinoid molecules, THC and CBD, in abundance.

Just how many it produces is up for debate, but some researchers estimate that the plant produces over 100 different cannabinoid compounds.

In fact, just recently, researchers discovered two new compounds to add to the list.

These newbies are cousins of THC and CBD.

But as I've learned, add a carbon atom here or an oxygen atom there, and you dramatically change the way the molecule interacts with the human body.

Now, not much is known about the properties of most of these compounds. Even less is known about how they work in combination.

However, each of these compounds – and the possible combinations – represent phenomenal opportunities for medical researchers.

It's a veritable ocean of possibility, with tremendous profit potential lurking just below the surface… Full Story

It's a veritable ocean of possibility, with tremendous profit potential lurking just below the surface... Full Story

Marijuana Industry

3 High-Yield Dividend Marijuana Stocks to Buy in 2020

By , Money Morning - • Print | Email

There are thousands of marijuana stocks trading on major exchanges today.

Hardly any of them pay dividends.

Finding those few high-yield dividend paying marijuana stocks is the best way to invest in the insane growth of this industry, all while collecting safe dividend payments.

The marijuana dividend stocks I'll show you today are the best of both worlds.

Read more...

Marijuana Industry

The 50 Biggest Marijuana Stocks on the Market Today - and One to Buy

By , Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email

If you think it's too late to be investing in marijuana stocks, think again.

According to the National Institute for Cannabis Investors, legal marijuana was a $10.8 billion market in 2018.

But by 2029, it's estimated the market could hit a whopping $2.6 trillion in annual sales.

That's growth of 23,974%.

For the entire industry.

But how do you choose the right marijuana stocks to buy?

There are hundreds of companies, many with tiny valuations, all trying to vie for your investment dollars.

Here are the 50 largest marijuana stocks on the market today...