By Michael A. Robinson, Defense + Tech Specialist, Money Morning • @Robinson_STI - • Print | Email
Spotting future big-name players in an emerging industry is what can make private investing so extraordinarily lucrative.
Which is why today, Michael wanted to share what he’s learned over the last three decades and apply it to private investing in one of the most exciting sectors in the market today: marijuana…
By Greg Miller, Director of Cannabis Investing Research, Money Morning - • Print | Email
Our Greg Miller’s bringing you the latest update on Canopy Growth following CEO Bruce Linton’s firing last week.
Not only is a shakeup in management common in startup companies, but it’s actually welcome so that the firm can reach its next level of success.
In fact, Greg’s going to show you three ways you can reap the most profits from this stock that you’ll want to keep in your portfolio for a long time…
By Greg Miller, Director of Cannabis Investing Research, Money Morning - • Print | Email
When it comes to being successful in business or investing, one simple trick is following the example of successful CEOs.
By Greg Miller, Director of Cannabis Investing Research, Money Morning - • Print | Email
Early last month I wrote about how Illinois is primed to become the "Marijuana Mecca of the Midwest," and it seems that we're not the only ones who know about it.
Now that shareholders have approved the landmark agreement for Acreage Holdings Inc. to be acquired by Canadian giant Canopy Growth Corp., Acreage is on the move.
After the deal closed on Thursday, Acreage CEO Kevin Murphy gave an interview at the Players Technology Summit in San Francisco in which he hinted at a number of "head-turner" acquisitions that the company has in the works.
While he was careful not to spill any specifics, he did make one thing clear.
Illinois, which last month became the first state to approve the sale of adult-use cannabis through legislation, will feature prominently in Acreage's plans. When asked about the coming market, Murphy said: "We have designs on going very deep and very broad in that state."
It will be especially interesting to see whether the company makes any moves to benefit from the potential for districts to opt in on "social consumption lounges" – something we thought might happen in Las Vegas, but it will be much more likely in Illinois.
However, when Acreage tries to enter "The Land of Lincoln," it's going to encounter a buzz saw.
We're tracking a couple companies in our portfolios who are already in the state, and they're going to give Acreage more than a hard time.
Let's take a look at some of the companies Acreage is going up against...
By Money Morning News Team, Money Morning - • Print | Email
2019 is a massive year for CBD.
By Jamie Dlugosch, Guest Writer, Money Morning - • Print | Email
When it comes to technical stock trading, it can take a long time before you finally see the “full picture.”
There are often tiny details hiding in the charts. But once you see them, the profit opportunity becomes clear.
Many investors can stare at charts and never see the picture within a picture.
But those with a well-trained eye see something entirely different.
For example take a look at this chart of popular cannabis stocks…
By Greg Miller, Director of Cannabis Investing Research, Money Morning - • Print | Email
It’s been a long time coming, but the once-powerful voices that demonized and prohibited marijuana are starting to look more like the fringe, on the wrong side of history.
Research and experience are revealing that this little plant boasts an impressively long list of benefits that go beyond just equities and wealth.
Even though that’s a big part of it, there’s so much more to the “Devil’s Lettuce”…
By Greg Miller, Director of Cannabis Investing Research, Money Morning - • Print | Email
Capital is flooding into the U.S. marijuana industry.
In 2019, more than $7 billion has been invested in both public and private companies. That's nearly twice the amount at this time last year.
More impressively, U.S. cannabis companies have managed to raise this tidy sum at a significant disadvantage, with their hands essentially tied behind their backs.
Just imagine what they might do on a playing field level with other companies in, say, semiconductors or financials…
Faced with that prospect, estimates and projections like "the U.S. marijuana market could be worth $77 billion by 2022" start to look almost ridiculously conservative.
By D.R. Barton, Jr., Technical Trading Specialist, Money Morning • @DRBarton_Stocks - • Print | Email
Technical analysis is the study of human psychology, which is represented in the form of price action on a chart. You analyze the stock itself.
Technical analysts look for repeatable patterns and indications that can predict future price movements. Since human psychology and emotions will always be a factor in stock markets, the study of historical price movements of a stock relays the fear and greed associated with that stock.
Let's look at two technical tools that I use often – which is to say, every day the markets are open.
The first shows the movement of price in a group of stocks relative to each other. The second is a broadly watched tool that shows us both the long-term trend of a stock and important areas of support and resistance.
By Money Morning News Team, Money Morning - • Print | Email
As the cannabis market is heating up, Money Morning has 68 billion reasons for why retail investors absolutely need to invest in cannabis stocks.
We’re talking a whopping 307% increase in cannabis market sales over the next five years.
Do not miss out on this lucrative opportunity.
