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Marijuana Stocks

Marijuana Industry

The Upcoming Massive Wave of M&A Activity Means This Stock Is a Buy

By , Money Morning - • Print | Email

This year we're expecting a massive amount of merger and acquisition activity across the board.

All growing industries will deliver a lot of deal-making, with companies either making acquisitions to follow through on growth plans, or being bought by a bigger player.

Strategic acquisitions this year will also address the fact that investors want results now. When acquisitions close, that puts revenue on the balance sheets that companies previously did not have.

Cannabis is no exception.

Just take a look at Gaby Inc., a California-based consumer packaged goods company that takes a unique approach to cannabis and hemp-infused products.

Thanks to several key acquisitions, it grew revenue by a whopping 2,000% in a year, from 289,092 Canadian dollars for the month ended Sept. 30, 2018, to CA$6.2 million for the month ended Sept. 30, 2019.

Now it's time to spot the "next Gaby"…

So, today, we're going to walk you through our 2020 M&A predictions and hand you a top pick to help you take advantage of this year's lucrative cannabis M&A frenzy… Full Story

So, today, we're going to walk you through our 2020 M&A predictions and hand you a top pick to help you take advantage of this year's lucrative cannabis M&A frenzy...

Marijuana Industry

These 10 Athletes Will Give CBD Stocks a Jolt in 2020

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

You can't turn on your TV or computer without finding a new professional athlete extolling the benefits of CBD these days.

It's a flashing sign of just how big this industry will become.

In fact, the National Institute for Cannabis Investors (NICI) predicts the CBD market will be worth roughly $20 billion by 2014.

No wonder so many professional athletes are turning to CBD to alleviate the physical (and mental) symptoms of performing at the world's highest levels.

Here are the 10 professional athletes I'm keeping the closest eye on in 2020.

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Marijuana Stocks

This Conservative State Will Boost Marijuana Stocks in 2020

By , Money Morning - • Print | Email

In an unlikely turn of events, one of the most conservative marijuana states in the nation could boost marijuana stocks in 2020 with its push to fully legalize cannabis.

We’re talking about Virginia – a state that has had some of the biggest restrictions on marijuana in the country.

And, today, we’re going to show you why Virginia has a good chance of pushing marijuana stocks even further with its efforts to legalize recreational cannabis.

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Marijuana Stocks

The 6 Best-Selling Marijuana States in 2020

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

The Executive Director for the National Institute for Cannabis Investors, Greg Miller, says marijuana could explode into a $300 billion global industry if marijuana were to be federally legalized.

In fact, the six best-selling marijuana states in 2020 emphasize just how big the marijuana industry is becoming.

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Marijuana Stocks

Congress Just Created a Massive Buy Signal for U.S. Cannabis Stocks

By , Money Morning - • Print | Email

The U.S. House of Representatives Judiciary Committee approved a bill in late-November 2019 that, if passed, would remove cannabis as a Schedule I substance under the Controlled Substances Act.

Now, the bill is headed to the House of Representatives, where it has the potential opportunity to fully pass.

This is excellent news for the best U.S. cannabis stocks.

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Marijuana Industry

This Company Gives You a Piece of the Next Cannabis Profit Hot Spot

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

When we held the First Annual NICI Retreat in Las Vegas, we knew Sin City was going to be tough to beat. But turns out the next "hot spot" for a cannabis retreat could be… Massachusetts.

It might be surprising that's the state catching our eye – but consider the latest cannabis sales data…

From Nov. 20, 2018, to Nov. 20, 2019, nearly $400 million worth of cannabis was sold in Massachusetts. That's very impressive, for a few reasons…

First, at the end of November, there were only 36 recreational dispensaries open in the state. There's not even a single recreational dispensary currently open in Boston.

Compare that to Colorado. When legal recreational sales went live there, it generated $300 million with 306 retailers licensed in 2014.

Nevada's recreational sales reached $434 million in its first year of adult-use legalization, but it also had 61 licensed retailers.

So, Massachusetts' $400 million in sales is very significant for cannabis profits.

Sales are really going to kick into overdrive in 2020. Fortunately for us (if you've been following along), we already own one of the best cannabis companies operating in Massachusetts… Full Story

Sales are really going to kick into overdrive in 2020. Fortunately for us (if you've been following along), we already own one of the best cannabis companies operating in Massachusetts... Full Story

Marijuana Stocks

2 of the Best Cannabis Stocks to Buy Under $10

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

By 2025, the cannabis market is expected to soar by 380% to $66.3 billion, according to Grandview Research.

Beyond that, Money Morning Director of Cannabis Investing Research Greg Miller called 2019 one of the biggest years for the best cannabis stocks yet in the United States.

And he was absolutely right.

Now, there are THC and CBD oils, lotions, edibles, medicines, and more skyrocketing in popularity and pushing marijuana stocks at the forefront of investors’ attention.

So, right now is the perfect time to check out the best cannabis stocks to buy.

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Marijuana Industry

How to Invest in Marijuana Stocks | Money Morning

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

Thirty-two states (and Washington, D.C.) have legalized marijuana in one way or another.

Throughout 2020, the number of states legalizing marijuana could grow by another 10.

This is yet another buy signal for the best marijuana stocks out there.

Grandview Research says the legal marijuana market will soar 380% from $13.8 billion to $66.3 billion by 2025.

Now is the time to stake your claim in the next phase of the green gold rush.

That's why we've created five tips on how to invest in marijuana stocks successfully.

Check out our guide on how to buy cannabis stocks and cash in on this rapidly growing, multibillion, industry...

Marijuana industry

If You Want to Start Investing in Marijuana Stocks, Begin Here

By , Money Morning - • Print | Email

If you want to get started investing in marijuana stocks, we have the perfect company for you today.

This is an ideal cannabis stock for newcomers.

It's traded on a major exchange, is profitable, and pays investors a dividend.

Today, we'll give you a rundown of why this is an excellent cannabis stock as well as why its unique business model is so effective.

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