Money Morning https://moneymorning.com Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. In fact, we believe this is where the only real fortunes will be made in the months and years to come. Money moves markets. But Money Morning lets you move first. en Tue, 25 Feb 2020 13:22:50 +0000 Tue, 25 Feb 2020 13:22:50 +0000 5 Get In Now to Win the Billion-Dollar Branding Race in Cannabis https://moneymorning.com/2020/02/25/get-in-now-to-win-the-billion-dollar-branding-race-in-cannabis/ For years, cannabis was associated with back-alley deals after dusk. Now it's becoming as commonplace as walking into a convenience store to buy beer.

That's why, as cannabis starts its next phase, branding is going to be incredibly important.

It's going to separate the winners from the wannabes. The cannabis firms that get branding right stand to make early investors a lot of money.

Take Starbucks - the company is an incredible branding machine.

Starbucks has managed to make its name synonymous with coffee. Customers know what to expect when they walk into one of its 30,000 locations around the world. They know what they order is going to taste the same whether the store is in a suburban strip mall or in the lobby of a luxury city hotel. Because the Seattle coffee giant has earned customers' trust through branding.

Incredible branding is also why the company is now worth $92 billion.

For cannabis companies to be known throughout the world, it's critical for them to follow a similar branding model. They need to offer quality and consistency throughout their products and services.

Smart cannabis executives know this and are working on it as we speak.

While there hasn't been enough time for cannabis companies to build brands that have global or even regional recognition yet, it's coming. But there won't just be a "Starbucks of cannabis" - it goes much deeper than that.

There will be companies battling it out to become the "Coca-Cola" of CBD-infused drinks, the "Apple" of must-own cannabis devices, and the "Uber" of marijuana delivery services.

It's these winning cannabis brands that are going to deliver huge windfalls for investors. So here are the upcoming cannabis "brands" we have our eye on now...

A Premier Cannabis Tourist Destination

If a marijuana firm has global ambitions, it needs to be in Sin City.

In fact, if you're visiting Las Vegas and want to check out the local cannabis scene, the unique company we want to talk about today should be the first place you stop.

Aside from having an aerial orb show, an 18-foot outdoor water feature, an LED interactive floor, and interactive laser art, this company strives to provide the best customer service. It's like walking into an Apple store: A knowledgeable staff is there to help you find exactly what you're looking for.

If you want a cannabis product that will help you fall asleep or one that will help you feel relaxed yet alert, a staff member will help you figure out the best products to suit your needs.

Right now, this company only operates in Las Vegas. But if it gets its business model in Sin City right, big things could be on the horizon...

The company we're talking about is Planet 13 Holdings Inc. (OTCMKTS: PLNHF).

Aside from everything we mentioned earlier, Planet 13 is also working on building a coffee shop, a bistro/pizzeria, a customer-facing production facility, and a few more things to draw in a crowd. That's what truly makes Planet 13 much more than just a place to buy cannabis.

In an age when it's hard to get people to visit a physical store, Planet 13 gives even those who are just mildly curious about cannabis a reason to stop by.

Even for those who can't visit the store, this marijuana company has you covered by offering a delivery service.

In Planet 13's most recent earnings report, the company said its "superstore" is drawing over 3,000 visitors per day and generating over $5 million a month in revenue.

For Q1 2019, revenue was $13.8 million, compared to $3.6 million from the same time a year ago. That's an increase of 286%. On top of the revenue jump, Planet 13 is also launching its own CBD brand.

Planet 13 is building an impressive business model in one of the most important marijuana markets in the country. In terms of branding, its main focus is showcasing itself as a premier cannabis tourist destination.

It's a bold branding strategy, but it appears to be working for the firm.

Creating High-End Brands

In 2015, Scott Campbell and Clement Kwan founded Beboe, a company that's taken a different approach when it comes to selling cannabis.

The duo found that when Beboe was launched in 2015, a lot of customers were mainly interested in finding cheap products that could make them really high. However, Campbell and Kwan believed that there was a market for individuals who wanted to experience some of the effects of marijuana but still function in social settings.

This shows smart management and forward-thinking abilities.

Campbell and Kwan identified a need and created a market to fill it rather than waiting for the rest of the industry to catch on. They didn't wait to see what customers thought was best because oftentimes, customers just don't know what they want yet or what could be available to them.

Again, identifying what people will want in the future or what is lacking right now and filling the void is something to look for when it comes to a brand.

With how things have played out, Campbell and Kwan have been awarded for their foresight.

In February 2019, Green Thumb Industries Inc. (OTCMKTS: GTBIF) acquired Beboe for an undisclosed sum. As of May 2, 2019, Green Thumb owned and operated 18 retail stores and had licenses for 77 locations across the United States.

It's also headquartered in Chicago, Ill., a state that legalized recreational marijuana use back in May 2019 and has since become a cannabis haven in the middle of "prohibition territory."

This all means that we're heading full steam into cannabis normalization, which creates bigger profit opportunities than ever before.

Ultimately, we're also going to see high-end department stores begin to carry luxury cannabis products and accessories, much like we have seen retail chains rush to sell CBD products. In fact, Canopy Growth Corp. (NYSE: CGC), or as we call it, the "Microsoft of cannabis," bought vaporizer company Storz & Bickel, which sells $599 vaporizers.

There will be cannabis consumers who want cheap vapes and cheap cannabis, but there will also be those who prefer higher-quality products.

Remember that cannabis is going to be just like any other industry, so there are going to be companies focusing on high-end brands.

It's a market that's ripe for cannabis firms to try to dominate, so watch this space closely.

Creating Product Differentiation

There are a lot of different ways a company can make sure it stands out among the competition.

Interestingly, some cannabis companies are going the same way as food companies and focusing on creating organic products. Just like growing a tomato plant, a farmer can choose to do it organically or using chemicals.

Of course, the problem with growing anything organically is that it can be expensive and can take a lot of time. Also, without treating the plants with chemicals, farmers run the risk of bugs and insects eating their crops.

While chemicals are not environmentally friendly, they're used by some cannabis farmers to grow their plants because they're affordable, widely available, and can increase the growth and THC production of plants.

Ultimately, what a consumer prefers is up to them, and there are cannabis enthusiasts who want an organic offering.

One of the companies focusing on creating organic marijuana products is The Green Organic Dutchman Holdings Ltd. (OTCMKTS: TGODF).

The Green Organic Dutchman, or "TGOD," claims it's the global leader in cultivating premium, certified-organic cannabis. The company does not use synthetic chemicals or pesticides.

The Green Organic Dutchman's products are certified organic by Pro-Cert, and its growing process is certified organic by ECOCERT Canada. Pro-Cert and ECOCERT are two of North America's most recognized organic-certification bodies.

Cannabis Branding & Packaging

Another aspect of cannabis branding is the actual packaging.

Places like California are setting up packaging requirements to try to help prevent children from easily opening cannabis products.

As you may see in the news from time to time, there are instances when pets or young children have consumed cannabis products by accident. This is a challenge that's a little more unique to the cannabis industry, but it's one that all successful cannabis companies will have to figure out.

Once they have the physical requirements needed to make the packaging compliant figured out, cannabis firms will then have to decide how they want to present their labels.

Just like how we talked about high-end cannabis earlier, some companies are creating sophisticated and classic looks for their packaging.

For example, Van der Pop is a Seattle-based luxury cannabis brand that was acquired by Tokyo Smoke in 2017. Since then, it has become a female-focused educational platform, but the Van der Pop website still sells cannabis and cannabis accessories. The company also sells a very fashionable cannabis grinder. If you browse its website, you'll notice that the company places an emphasis on artistic packaging.

Long known for being a cannabis enthusiast, music star Willie Nelson has gone a different route with his Willie's Reserve line. His site offers everything from edibles to glass jars for storing marijuana. He's gone for a more rustic look for his packaging, which fits his image as a country singer.

But in order to be successful, a marijuana company has to be authentic and understand its target audience. If Nelson came out with a product that had a similar type of label as what Van der Pop offers, that wouldn't make sense.

If a company is based around using CBD or cannabis for sports and wellness, it should reflect that in its branding. It shouldn't have bland colors. It should be creating excitement. On the other hand, if a company is promoting its products as something that can help people relax and fall asleep, it shouldn't use vibrant colors.

Identifying the Winners

What's going to help separate you from other cannabis investors is understanding that this is an industry that's exactly like any other.

There are going to be big players and small players, and identifying who is going to make it big will help take your investments to the next level.

By now understanding how branding works, you will have a better chance at finding the next "Starbucks," "Amazon," or "Microsoft" of cannabis companies that's set to make it big.

Keep in mind that not every cannabis company is going to be a winner. But if you find the "Amazon" of marijuana, you're going to have a huge payday.

Plus, you won't want to miss this exciting new opportunity...

You see, we're teaming up with legendary quarterback Joe Montana for the 2020 American Cannabis Summit.

2020 is shaping up to be a landmark year for cannabis markets - and we want you to be able to capitalize on this unprecedented economic phenomenon.

In this extraordinary event, you'll learn the No. 1 trick to spot a winning cannabis IPO...

The biggest investing mistake first-time cannabis investors make...

And the three numbers you absolutely need to check before investing a penny in any cannabis stock.

But remember: Space is limited, and time is running out because this all goes live today, Feb. 25 at 1 p.m. (ET).

Click here to claim your spot now...

Follow Money Morning onFacebook and Twitter.

About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Tue, 25 Feb 2020 10:00:38 +0000 https://moneymorning.com/2020/02/25/get-in-now-to-win-the-billion-dollar-branding-race-in-cannabis/ How You Can Unlock Profit Potential in the Fast-Growing CBD Market https://moneymorning.com/2020/02/23/how-you-can-unlock-profit-potential-in-the-fast-growing-cbd-market/ Editor's Note: The National Institute for Cannabis Investors - The Institute or NICI, for short - is your official source for all things cannabis investing as cannabis continues to be one of the fastest-growing, most profitable opportunities of all time. The Institute's goal is to bring together the smartest minds and most credible experts in the cannabis industry on the same team... as a united front. NICI is the most powerful cannabis-investing tool available to investors to help them achieve their dreams of financial freedom. Here's new analysis from them on one of 2020's best profit opportunities...

Last January, we here at the National Institute for Cannabis Investors told you 2019 would be the "Year of CBD." CBD is short for cannabidiol, and it's one of the primary active compounds found in cannabis plants.

Man, did it deliver...

On March 21, CVS announced that it would sell CBD products in 800 stores throughout eight states.

Then Walgreens announced it would sell CBD creams, patches, and sprays in nearly 1,500 stores in nine states.

Not to be left behind, Rite Aid said in April it would sell CBD lotions and lip balms in more than 200 stores in Washington and Oregon.

That race to get CBD products on the shelves for major pharmacies and health stores really got the ball rolling for other retail outlets...

In May, Sheetz gas stations started selling CBD patches, tinctures, vape pens, pouches, capsules, and pet products in 140 stores throughout Pennsylvania.

And as a sign that CBD is ready for the mainstream, athletes - from U.S. soccer star Megan Rapinoe to former NFL star Rob Gronkowski, to name a few - began signing on as spokespeople for various CBD companies.

The best part of all these developments is that 2019 was just the start for CBD, which is quickly becoming the most profitable niche of the cannabis industry...

By 2024, Arcview Market Research projects CBD sales will surpass $20 billion. That's nearly twice the $10.8 billion that the entire legal North American cannabis industry was worth in 2018.

That's why now is the time to add the top-tier CBD companies to your portfolio. And today, we'll show you where to find them...

Focus on Branding

People use CBD for a variety of reasons, so companies need to make sure their branding is telling a story about what the product will do for a consumer.

In other words - a company needs to clearly brand itself so consumers know what it's all about.

For instance, Charlotte's Web Holdings Inc. (OTCMKTS: CWBHF) offers CBD gummies to help aid in sleep, calmness, and recovery.

The image on the product bottle is very peaceful-looking. It doesn't have vibrant or bright colors, and the design ties in perfectly with the idea that the product could help in aiding a restful night's sleep.

The company uses the same design approach for its "Calm" and "Recovery" gummies.

Lord Jones, another CBD company, takes a different approach. You can quickly tell from their product packaging that the company aims to reach an upscale clientele. It was the first CBD brand available on Sephora.com, and Lord Jones was named one of Fast Company's "Most Innovative Companies of 2019."

Abacus Health Products Inc. (OTCMKTS: ABAHF)'s CBDMedic brand, which Rob Gronkowski is a spokesperson for, has an athletic look and feel.

The company offers topical pain solutions that it says provide natural relief for arthritis, everyday aches and pain, and occasional pulled muscles. It also sells skin care products for eczema, itches and rashes, and face care.

The company takes a very direct approach on its packaging. It has its logo printed and places a big emphasis on clearly stating what the product is designed to do, which easily draws in a potential new customer.

There are a lot of CBD brands to try out there, but CBDMedic shows up front why you should try its products.

Focus on Management

Charlotte's Web provides one of the best lessons about management.

Started by seven brothers, how the company got its name is a heartwarming tale...

A little girl named Charlotte Figi was having 300 seizures a week, and her parents were trying desperately to find anything that could help provide some relief for her. They finally found that CBD oil almost completely stopped their daughter's seizures.

The family then met with the Stanley brothers, who grew a strain of cannabis that was low in THC but high in CBD. That all happened around when Charlotte was five.

At age six, thanks to the CBD oil, Charlotte was down to just two to three seizures a month.

In honor of Charlotte, the Stanley brothers decided to change the name of their company to Charlotte's Web.

This is one of the best stories in the cannabis industry. A family that's working together and has dedicated the company name to a brave little girl.

However, when you have a family-run business, it's fair to question the structure.

Would the company be better off adding someone from the "outside"? What makes one of the family members more qualified at their position than another candidate? Do the family members in key executive positions have the skill sets to take the company to the next level?

Fortunately, the brothers at Charlotte's Web knew their limitations and brought in outside help.

Deanie Elsner was the former President of U.S. Snacks at the Kellogg Co. (NYSE: K), and she became the CEO of Charlotte's Web effective May 15, 2019. For the CBD company, she's bringing 25 years of experience in consumer packaged goods and marketing. She also served in various roles at Kraft Foods.

If you've been following along with some of the new products and packaging changes Charlotte's Web has introduced, you can see that she didn't waste any time making an impact. In fact, the branding of the products we talked about earlier are all under the direction of Elsner.

For the furry members of your family, Charlotte's Web has also relaunched its hemp extracts for dogs. Similar to the gummies for humans, the dog CBD products are designed to help to keep a dog calm, improve cognition, and help with hip and joint issues.

We've talked before about the pet CBD market, and in the long run, it should help give Charlotte's Web an early foothold. Remember that even Martha Stewart is creating a pet CBD line, so that shows you this segment of the CBD market is about to go mainstream.

At the National Institute for Cannabis Investors, we also like seeing individuals with a legal background in key positions at a company. This means they know the ins and outs of the legal system, and that's especially important when running a cannabis business.

Trulieve Cannabis Corp. (OTCMKTS: TCNNF) is perhaps the best example of a company that understands the licensing process from front to back.

CEO Kim Rivers has an extensive background navigating mergers and acquisitions, and she utilized her skill set quickly; she opened the first cannabis dispensary in 19 different municipalities in Florida.

Rivers took a look around at the potential legal roadblocks, then took initiative by fighting the original cap on dispensaries in Florida. In a genius move, she attacked the 2017 law that limited the number of licenses for each operator. That number was set at 35.

Rivers argued that because she already had licenses before the law was established, those shouldn't count towards the cap.

She won.

Now, you may be wondering about how to find out this information. If you go to a company's webpage, it should have information about the executives running a company. It should talk about their backgrounds and their visions for the company.

If that information isn't on their website or easily found, that's a bit of an issue. Indeed, if you're going to invest in a company, then you deserve to know who is running the company.

Focus on Marketing

Marketing right now is tricky in the cannabis industry. Companies can't use traditional platforms to advertise their products, and there are also certain restrictions on social media sites when it comes to advertising cannabis-based products.

But that doesn't mean companies have to just sit around and do nothing.

For example, cbdMD Inc. (NYSEAMERICAN: YCBD) has recruited a long list of athletes to help spread the word about CBD and the company, such as professional beach volleyball player Kerri Walsh Jennings, former NFL wide receiver Steve Smith, Sr., and skateboarder Ryan Shekler, just to name a few.

In terms of other marketing, companies should be investing in email marketing, have a search engine optimization (SEO) strategy, and attend trade shows. Because if they're not, you really have to question how well the firm is going to be able to get the word out about its products.

By attending trade shows, the company can become familiar to its audience. It can win over new customers and attract positive attention.

You can gauge a company's efforts and presence through the company's website and social media accounts or through online searches.

CBD Companies to Watch

Using the information above and looking at the financial health of a company through earnings reports as well as company projections, you have a lot of tools available to you to help you find the best CBD firms to invest in.

While the companies in the list below should not be considered as official recommendations, they can be a guide to help you get started looking for profitable CBD investments:

  • Abacus Health Products Inc. (OTC: ABAHF)
  • Cresco Labs Inc. (OTC: CRLBF)
  • Canopy Growth Corp. (NYSE: CGC)
  • Charlotte's Web Holdings Inc. (OTC: CWBHF)
  • Elixinol Global Limited (OTC: ELLXF)
  • GW Pharmaceuticals Plc. (NASDAQ: GWPH)

Of course, there are plenty of websites that just have lists of CBD stocks. You'll see a ton of different companies, but the problem is, there isn't any kind of rating system or in-depth analysis report to show if the stocks are even worth buying.

A mineral company could say it is getting into the CBD market and, because of that, it makes it on a list of CBD stocks to watch.

That's why we set out to help serious investors get the information they need.

In October 2018, the National Institute for Cannabis Investors launched a proprietary cannabis stock-rating system that currently has over 200 entries.

Not only do we provide ratings from 0 to 5 on the companies in our database, we also have analysis reports with our take on whether a company is worthy of an investment based on its cannabis- and CBD-based revenue sources.

You can find more information about this critical service that we made for investors on our website.

Before you go, there's yet another cannabis opportunity we wanted to share with you that you simply can't miss...

You see, 2020 is shaping up to be a landmark year for cannabis markets - and we want you to be able to capitalize on this unprecedented economic phenomenon.

That's why we teamed up with legendary quarterback Joe Montana and cannabis pioneer Danny Brody for the 2020 American Cannabis Summit.

In this extraordinary event, you'll learn the number-one trick to spot a winning cannabis IPO...

The biggest investing mistake first-time cannabis investors make...

And the three numbers you absolutely need to check before investing a penny in any cannabis stock.

But remember, space is limited.

You're not going to want to miss it, so claim your spot now before it goes live.

About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Sun, 23 Feb 2020 14:00:36 +0000 https://moneymorning.com/2020/02/23/how-you-can-unlock-profit-potential-in-the-fast-growing-cbd-market/ Illinois Is Blazing the Trail for Cannabis Profits from “Prohibition Territory” https://moneymorning.com/2020/02/18/illinois-is-blazing-the-trail-for-cannabis-profits-from-prohibition-territory/ It's been just over a month since Illinois has been legally selling recreational marijuana, and the response has been incredible.

There were reports of five-hour waits across dispensaries in Illinois, with lines stretching around the block.

A good chunk of the cannabis enthusiasts willing to brave the elements were not even from the Prairie State. Out-of-state visitors spent $8.6 million in Illinois in January.

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.

That number is only going up - way up. It all has to do with Illinois' neighbors...

"Illinois has a really strong advantage, being in the middle of prohibition territory," Bethany Gomez, Managing Director of Cannabis Research at Brightfield Group said in a statement.

She's right. 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. 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...

Political Pressure to Legalize Cannabis Is Mounting

Politicians clinging to outdated beliefs in states bordering Illinois will get the message this year that legalization is inevitable.

They'll see new tax dollars that could have been spent in their state, and they will want a piece of it.

Because - as we've talked about before - there is a lot of money being left on the table, money that should be trickling into the legal market.

New Frontier Data, a company with the mission to be the intelligence authority for the cannabis industry, projects that all cannabis sales in North America were $86 billion in 2018.

As a reference, legal sales in the United States in 2018 were $10.8 billion.

That means more than $70 billion in sales were conducted in the black market.

Collectively, legalization will help turn these illicit sales into legal sales, which will boost company revenue, and then be reflected in incredibly higher stock prices.

And because legalization is proceeding despite what even the most conservative politicians say, you'll want to keep your eyes on even the most conservative states, too - especially as we inch closer to the election.

That means Wisconsin, Iowa, Missouri, Indiana, and Kentucky will soon be opening themselves up to the possibility of some form of cannabis legalization.

Politicians can no longer ignore the demand of citizens in such a pivotal year - when so many of them are telling their political representatives what the laws will be through ballot measures. It's happening across the country.

As I've said before, no politician - even in those prohibition states I mentioned above - is bold enough to make a strong stand against legalization.

So what does this mean for you? There are three things to do now:

Keep Your Eyes on the Conservative States: Because legalization is proceeding despite what even the most conservative politicians say, you'll want to watch even the most conservative states, too - especially as we inch closer to the election.

That means Wisconsin, Iowa, Missouri, Indiana, and Kentucky will soon be opening themselves up to the possibility of some form of cannabis legalization. Politicians can no longer ignore the demand of citizens in such a pivotal year - when so many of them are telling their political representatives what the laws will be through ballot measures. It's happening across the country. As I've said before, no politician - even in those prohibition states I mentioned above - is bold enough to make a strong stand against legalization.

Invest in the Companies Breaking into These Markets: Dixie Brands Inc. (OTCMTKS: DXBRF) has been making moves in Oklahoma, Cresco Labs Inc. (OTCMKTS: CRLBF) sold more than 9,000 products on the first day of legal sales in Illinois, and Curaleaf Holdings Inc. (OTCMKTS: CURLF) is making deals to expand operations from 12 to 19 states. Get a piece now, before Wall Street has caught on to the profitability and drives the price higher.

Get the Latest Investing Plan from the American Cannabis Summit: Just in time, Joe Montana and the National Institute for Cannabis Investors have teamed up for the 2020 American Cannabis Summit.

You see, 2020 is shaping up to be a landmark year for cannabis markets - and we want you to be able to capitalize on this unprecedented economic phenomenon.

That's why we teamed up with legendary quarterback Joe Montana and cannabis pioneer Danny Brody for the 2020 American Cannabis Summit.

In this extraordinary event, you'll learn the No. 1 trick to spot a winning cannabis IPO...

... the biggest investing mistake first-time cannabis investors make...

... and the three numbers you absolutely need to check before investing a penny in any cannabis stock.

But remember, space is limited.

Claim your spot now before it goes live. You're not going to want to miss it.

Follow Money Morning onFacebook and Twitter.

About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Tue, 18 Feb 2020 10:00:53 +0000 https://moneymorning.com/2020/02/18/illinois-is-blazing-the-trail-for-cannabis-profits-from-prohibition-territory/ Why These Companies Are Racing to Profit from Oklahoma's Cannabis Market https://moneymorning.com/2020/02/15/why-these-companies-are-racing-to-profit-from-oklahomas-cannabis-market/ 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 Steam Ahead in Oklahoma

A handful of companies you've heard about from me in our daily cannabis profits newsletter have started to stake their claim on Oklahoma.

Last July, cannabis operator Curaleaf Holdings Inc. (OTCMKTS: CURLF) announced it was buying multistate operator GR Companies (doing business as Grassroots Cannabis) to increase Curaleaf's presence to 19 states from 12. When the merger closes, GR will give Curaleaf a dozen licenses and three retail locations in Oklahoma.

Acreage Holdings Inc. (OTCMKTS: ACRGF) has plans to open a retail location in Tulsa, and it has been approved for one grower license in Pocasset.

Dixie Brands Inc. (OTCMKTS: DXBRF), one of the cannabis industry's leading consumer packaged goods companies, and SLANG Worldwide Inc. (OTCMKTS: SLGWF) are also getting in on the action.

SLANG will license its products to Elite Cultivation, which will distribute and sell those products in dispensaries throughout Oklahoma.

Dixie Brands is also partnering with a manufacturer in the state. Dixie expanded its footprint to six states in 2019, when it announced it would enter the rapidly expanding Oklahoma market in November.

Dixie is a big name in cannabis products, with a portfolio of more than 100 cannabis-infused products in 15 categories. It's one we covered in August thanks to its deal with Arizona Beverage Co. to produce and sell iced tea containing THC.

That was a huge one for the cannabis industry - the first instance of a mainstream U.S. consumer products brand making its valuable trademarks available for THC products.

The fact that Dixie is in Oklahoma is huge for both the company and the state's moneymaking potential.

I'll keep you posted on the latest profit opportunities out of Oklahoma and every state. And in case you missed our announcement this week, there's a special event coming you won't want to miss...

Cannabis Laws Being Reformed En Masse

It's hard to deny that the medical, personal, and economic benefits of "America's Green Gold Rush" are appealing to both Republicans and Democrats alike.

Once the feds end cannabis prohibition nationwide, all bets will be off - demand will boost share prices through the roof.

But you can still get in on the ground floor, just in time for what could be the windfall of the century.

You don't want to miss out on this opportunity...

In fact, legendary quarterback Joe Montana says "NOW is the time to invest in cannabis."

Public support is at an all-time high...

Thirty-three states have legalized (with more on the way)...

And $12.8 billion in new wealth has been created from cannabis.

There's no denying it: This market is an unstoppable economic force.

Join us on Tuesday, Feb. 25, as we sit down with legendary quarterback Joe Montana to talk all things cannabis: how to get in, how to pick the RIGHT stocks, and how to avoid the most common investor mistakes.

Space is extremely limited - and this event WILL be at capacity.

Just click here now to join the list of attendees...

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Sat, 15 Feb 2020 10:00:34 +0000 https://moneymorning.com/2020/02/15/why-these-companies-are-racing-to-profit-from-oklahomas-cannabis-market/ Why Colorado State University's New Degree in Cannabis Is a Pivotal Catalyst https://moneymorning.com/2020/02/14/why-colorado-state-universitys-new-degree-in-cannabis-is-a-pivotal-catalyst/ Editor's Note: Secure Your Spot in the 2020 American Cannabis Summit with Special Guest Joe Montana

Famed scientist and TV personality Neil DeGrasse Tyson was once asked to run for president. He replied with an emphatic "no." He said it's not the man or woman at the top that makes the difference. It is the education of the people that changes hearts, minds, and the direction of the laws.


That's why when we saw Colorado State University Pueblo start offering a Bachelor of Science in cannabis, we knew it could be a major catalyst for the whole industry.

This isn't a clever marketing gimmick or novelty either. The degree will require rigorous courses in biology and chemistry.

While it might sound like a small development, it could have sweeping implications.

At the most basic level, it helps bring facts to an uninformed public about the benefits of cannabis in medicine and wellness. Even more importantly, it pours educational resources into the science behind cannabis.

That could accelerate medical breakthroughs using cannabis or even industrial breakthroughs on how best to grow and extract cannabis.

You might wonder why your current doctor does not prescribe cannabis and CBD in particular for treating certain ailments. While the doctor him or herself might believe in it and actually use it secretly at home, they are often stopped from offering it as a solution.

Before cannabis can become more mainstream in medical communities, there needs to be more research and studies on treatment using cannabis. Currently, few research dollars are available because even after all the progress made on the state level, marijuana is still classified as a harmful substance federally.

Therefore, having a class of knowledgeable cannabis advocates graduating college will immediately start to spread that knowledge, organize the public, and elect the right people into office.

Not only that, but graduates will also have the skills necessary to work in the industry, doing research and being able to discuss their work with potential customers, suppliers, and investors.

That's essential to building the workforce that will take the cannabis industry from a scrappy upstart to a legitimate powerhouse. Just look at how universities have been essential to the evolution of the tech sector.

Schools like Stanford, California Polytechnic State University, USC, and others supply so many of the minds behind Silicon Valley's biggest firms. Having some of the world's best technological universities in the region is a major reason tech firms continue to cluster in Silicon Valley. The blueprint is already there for the cannabis sector.

And it could be another way Colorado gains first-mover advantage in the cannabis industry. Not only was it the first state to legalize recreational cannabis use, but it's building the educational infrastructure to supply the industry.

Over the past five years, legal weed sales in Colorado topped $6.5 billion, according to the state's Department of Revenue. Add in taxes, licenses, and fees, and the state's take reached more than $1 billion. And it doesn't stop there, as it creates support jobs, improves public health and safety, and provides more money for further investment in education. As many as 300,000 people are predicted to be a part of the marijuana industry by this year. Arcview Market Research, which follows cannabis industry trends, projects the industry will support 467,000 jobs by 2022.

The more success programs such as CSU Pueblo have, the more programs are likely to be developed. It is a positive feedback loop that will create both the demand and the supply in an industry that is already knocking down barriers and making early adopters big money returns.

It's not too late to claim your stake in this explosive new industry.

Here's exactly how you can do it...

Your All-Inclusive Guide to Cannabis Investing Is Ready

The team at the National Institute for Cannabis Investors has pooled all of its resources to bring you seven different ways to invest in this $10.8 billion industry - along with 10 critical guidelines for setting yourself up to potentially strike it rich. You'll learn how you can start lining your pockets now... with almost no effort. Click here to find out how to secure your copy today.

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Fri, 14 Feb 2020 17:01:10 +0000 https://moneymorning.com/2020/02/14/why-colorado-state-universitys-new-degree-in-cannabis-is-a-pivotal-catalyst/ The Multibillion-Dollar Opportunity That Sports Markets Are Handing CBD Investors https://moneymorning.com/2020/02/13/the-multibillion-dollar-opportunity-that-sports-markets-are-handing-cbd-investors/ As CBD - short for cannabidiol, one of the primary active compounds found in cannabis plants - continues to become a rising force in the cannabis sector, more and more of its widespread applications are being uncovered.

On Sunday, you got insight into one of these uses when we shared Don Yocham's personal account of how CBD has helped him feel stronger and healthier as he deals with the effects of aging on his daily workouts. According to Don, CBD has allowed him to bounce back like when he was younger - or, as he put it, he no longer feels like he "got hit by a Mack truck."

But there's more to this story. Firms are beginning to realize that CBD's tie to athletic recovery goes deeper than just personal consumption.

Athletes, teams, and entire sports leagues stand to benefit from the properties of this incredible compound. And sports medicine and recovery companies are clamoring to create cannabis-infused products to meet this growing demand.

That's why today, we'll show you how the combination of these two powerful industries will create explosive new growth you can profit from. This means nearly endless opportunities for investors...

The Skyrocketing Market Growth of Global CBD

As it stands, the $6.6 billion sports medicine market eclipses the $5.7 billion global CBD market.

However, the CBD market is set to deliver explosive growth over just the next five years - growing to nearly 10 times its current size.

As mind-blowing as that is, the real story lies in the combination of sports recovery and CBD.

The two sectors are realizing the mutually beneficial relationships that can arise from creating CBD-infused products that are marketed toward recovery.

In fact, by 2024, the sports recovery market could be worth $9 billion, a 36% growth from where it is today. And the CBD industry is expected to generate over $20 billion in sales during that same time.

Needless to say, the convergence of these two sectors will create a booming profit opportunity. It's part of the larger cultural shift we've seen around cannabis.

No longer stigmatized, cannabis has become a wellness product for athletes, parents, professionals, and just about every walk of life.

And the flood of athletes who are going to turn to CBD for sports recovery means big things for cannabis companies:

  • An all-new customer base.
  • Entirely new products to sell.
  • Endorsement deals with high-profile athletes who bring more positive attention to the cannabis sector.

CBD producers can leverage the established operations and recognizable brands of sports recovery firms to get an early jump on the emerging market.

Such a combination can create a market of well over $50 billion.

The question is which CBD producers have recognized this opportunity.

CBD Is Joining the Big Leagues

Some well-known producers are making their intentions known by acquiring sports nutrition companies. The largest cannabis company in the world, Canopy Growth Corp. (NYSE: CGC), recently bought a major stake in BioSteel Sports Nutrition.

BioSteel Sports is a sports-beverage firm that focuses on hydration and recovery products for athletes. But this is far more than just your average beverage company.

Its products are used by athletes in the NFL, MLB, and NHL. BioSteel also has an impressive roster of brand ambassadors that includes NHL great Wayne Gretzky and running back sensation Ezekiel Elliott.

With the resources of BioSteel at its disposal, Canopy can create CBD-infused sports drinks. While NFL players aren't allowed to use CBD right now, there's belief that change is coming.

In addition, there are also partnerships being made with top athletes, like the collaboration between Canopy Rivers Inc. (OTCMKTS: CNPOF) and NBA superstar Kevin Durant.

Headed up by Durant and Rich Kleiman, venture capital firm Thirty-Five Ventures is joining the Canopy Rivers strategic advisory board to grow the brand's reach within the sports and entertainment industry.

Bottom line, cannabis and sports used to be at odds with each other, but that tide is changing rapidly. It seems like every week, we see a new development in the growing trend of athletes and other celebrities joining the cannabis industry.

Which brings us to our main point and latest profit opportunity...

Legendary quarterback Joe Montana says "NOW is the time to invest in cannabis."

Public support is at an all-time high. Thirty-three states have legalized (with more on the way)...

And $12.8 billion in new wealth has been created from cannabis. There's no denying it: This market is an unstoppable economic force.

Join us on Tuesday, Feb. 25, as we sit down with legendary quarterback Joe Montana to talk all things cannabis: how to get in, how to pick the RIGHT stocks, and how to avoid the most common investor mistakes.

Space is extremely limited - and this event WILL be at capacity.

Just click here now to join the list of attendees...

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Thu, 13 Feb 2020 10:00:50 +0000 https://moneymorning.com/2020/02/13/the-multibillion-dollar-opportunity-that-sports-markets-are-handing-cbd-investors/ CBD Is More Than a Portfolio Winner – It’s a Health Game Changer https://moneymorning.com/2020/02/09/cbd-is-more-than-a-portfolio-winner-its-a-health-game-changer/ We've been talking a lot about how profitable cannabis legalization can be, but there's more to this growing trend than just making money.

I know because over the past few years, after every workout session or pickup rugby game, I've noticed that I just haven't been bouncing back like when I was younger - back when I used to compete in triathlons and lived in the gym six days a week.

But now, thanks to CBD, all of that has changed. CBD helps keep me active, but it's not the only thing I've noticed.

Just as a brief overview, CBD is a compound of the cannabis plant that can be put into oils and tinctures. It's for those folks looking to use cannabis solely for its medicinal purposes and who don't want to experience a high or psychoactive effects, as they would with marijuana.

So today, I want to share with you my personal journey with CBD and path toward wellness. In the following video, I'll be telling you how CBD has helped me recover faster and lead a more active life as I age. There are a lot of positive benefits here that people of all ages can take advantage of for an overall better quality of life.

Maybe you've had a similar experience? I would love to hear about your CBD experiences, too!

Follow Money Morning onFacebook and Twitter.

About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Sun, 09 Feb 2020 10:00:04 +0000 https://moneymorning.com/2020/02/09/cbd-is-more-than-a-portfolio-winner-its-a-health-game-changer/ These Two Factors Will Be Key to a Thriving Legal Cannabis Market https://moneymorning.com/2020/02/07/these-two-factors-will-be-key-to-a-thriving-legal-cannabis-market/ One of the most exciting upcoming events for investors right now is still the eventual transition of illegal marijuana sales to a legal market.

While some kind of legal marijuana is available to purchase right now throughout most of North America, the majority of cannabis sales are still taking place underground. In 2018, New Frontier Data projected that there was over $86 billion in cannabis sales in North America.

Only $10.8 billion of that was legal, meaning more than $70 billion - or 81% - in sales was conducted in the black market.

That's a lot left on the table that should be trickling into the legal market. That's why legalization is crucial for long-term cannabis investing.

To make a dent in the illegal markets, you need two things. One is education. When more people learn about why it's better to turn to safe, regulated, and legal markets, you send cannabis consumers to legitimate dispensaries instead of dark alleys.

And the second thing that will put billions of dollars into the pockets of legal businesses and push stock prices higher is what I want to talk to you about today...

An Open Letter to Regulators

With about seven out of every eight dollars spent on marijuana in North America going to illegal sources, it's clear that consumers are still turning to the illicit markets for some reason.

I would even go so far as to say that, beyond the traditional distinction between total prohibition, legalization for medical use, and legalization for recreational use, there should be another distinction between broad legalization and legalization that is so restricted that it holds back the industry from becoming anything more than a novelty.

I'm talking about giving cannabis consumers the options they want when legalization rolls out and taxing cannabis products fairly so there is no reason to ever turn to the black market.

For example, medical patients in Florida originally were not allowed to buy smokeable cannabis. If you're terminally ill and find that's the best way to consume medicine, then you should have had the right to do that the minute Florida legalized medical marijuana.

If you wanted to vape in Canada, you should have been able to do that when full legalization went into effect in October 2018.

Fortunately, there are signs regulators and politicians are finally getting the message.

Major Steps in the Right - and Profitable - Direction

For example, in Oklahoma, doctors can prescribe cannabis for any medical reason.

And I think Michigan is setting a good example for other states looking at recreational legalization. Not only is its cannabis excise tax limited to 10%, but its regulators have worked hard to support the industry in its early growth phase.

This is especially important because, according to The Wall Street Journal, politicians in New York are considering taking the initiative on legalization again.

In fact, Gov. Andrew Cuomo (D-NY) has vowed to legalize adult-use cannabis in 2020. When - because it's now only a question of when and not if - New York joins the recreational club, the state is expected to haul in $3 billion in sales.

Obviously, every cannabis investor wants Cuomo to make this happen and add another "green" state to the map.

Outside of Cuomo legalizing cannabis for his state in 2020, voters in New Jersey, Florida, and Arizona are anxious to get to their polling places and put a check next to "Yes" on their ballots for legalizing adult-use cannabis.

In fact, with 32 states approving medical cannabis and 70 cannabis legalization bills already in Congress, full federal legalization could be just around the corner.

And before that happens, you're going to want to claim your stake in this $10.8 billion industry. Learn how with the only comprehensive guide to cannabis profit potential in the world.

Secure your copy of "The 2020 Pot Profits Roadmap" now...

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Fri, 07 Feb 2020 10:00:02 +0000 https://moneymorning.com/2020/02/07/these-two-factors-will-be-key-to-a-thriving-legal-cannabis-market/ The Biggest News Moving Marijuana Stocks This Week https://moneymorning.com/2020/02/03/the-biggest-news-moving-marijuana-stocks-this-week/ The federal government has been slow to move on cannabis, but its hand could be forced this year. That's why we're taking a closer look at our top marijuana stocks each week.

We have a cannabis REIT that's shown signs of life lately - with plenty of room to break out. But first, here's the latest cannabis news to start your day.


While new legalization bills have been introduced in several states, Congress hasn't taken any action yet. Senate Majority Leader Mitch McConnell (R-KY) is firmly against legalized marijuana and has prevented the Senate from bringing a number of federal bills to the floor. But that may inevitably change.

Politico reports that as many as 40 states may have some form of legal cannabis by the end of 2020, creating a byzantine system of state and local laws that don't comply with one another. It will still be illegal to drive across state lines with cannabis due to federal laws. And it will still negatively impact the banking sector that stands to alleviate the ongoing cash pressures of the industry.

Once the impeachment proceedings are drawn to a close and Democratic primary season kicks into full swing, we may see some federal movement on cannabis.

And there's no better state to set the wave in motion than New York...

New York Is Going Green

New York Governor Andrew Cuomo is dead set on legalizing cannabis in 2020. For proof of this, the governor's office released its fiscal year 2021 budget proposal. That budget included a line item for expected tax revenue from adult marijuana sales.

Cuomo has projected that the state will generate $300 million in new revenue from cannabis taxation. However, that rosy figure has prompted immediate criticism that could stifle the debate. In addition, civil rights supporters are concerned that the tax budget doesn't do enough to help the communities most negatively impacted by the war on drugs. A long political battle over how to spend cannabis revenue was precisely what derailed the legalization effort in 2019.

The new proposal does ban alcohol in dispensaries and cannabis-smoking lounges. It also introduces taxation in three ways.

The state would tax cannabis cultivation at $1 per dry weight gram of cannabis flower. It would tax cannabis trim at $0.25 per dry weight gram. It would also tax wet cannabis at $0.14 per gram.

And if perceptions of marijuana continue to shift in this way, we know which cannabis REIT is poised to benefit. This one has a corner on the cannabis market right now...

The Top Cannabis REIT with Room to Rally

The best pure-play cannabis REIT continues to press higher in the face of increased deregulation and legalization efforts. Shares of Innovative Industrial Properties Inc. (NASDAQ: IIPR) popped 5.1% last week despite broader worries about China's coronavirus.

The rally happened just days after the REIT announced plans to sell 2 million shares of common stock. As a result, the firm raised $158.9 million, which it plans to use to purchase new real estate assets. The deal will also allow its bankers to purchase another 300,000 shares in the future.

IIPR has seen its share price jump more than 40% over the last 12 months. But as we explained last week, there is still a long way for this REIT to go with a price target above $120 per share.

No More Guessing with Your Money: The cannabis sector is full of untapped gains... and potential nosedives. Our cannabis IPO experts have taken the guesswork out of the equation - giving only their "best in breed" stock picks. Just click here to see them...

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Mon, 03 Feb 2020 18:12:05 +0000 https://moneymorning.com/2020/02/03/the-biggest-news-moving-marijuana-stocks-this-week/ Why You Should Invest in CBD Oil Penny Stocks https://moneymorning.com/2020/01/31/why-you-should-invest-in-cbd-oil-penny-stocks/ It might be a while before marijuana becomes federally legal. But you don't have to wait to profit from the $20 billion CBD oil industry.

CBD (or cannabidiol) is the perfectly legal, hemp-derived cousin of cannabis. And it's now a federally regulated, billion-dollar market.


The Hemp Business Journal predicts CBD sales will cross into $2 billion territory this year, almost doubling from 2019. And Arcview Market Research forecasts a $20 billion CBD industry by 2024.

It's clear why investors are rushing to invest in CBD oil penny stocks today. That's why we wanted to show you the winners on our CBD oil penny stocks list.

Our top CBD penny stocks to watch have the potential to earn today's investor anywhere from 280% to 910%.

The best penny stocks are likely to soar with the tide if their industry grows significantly.

In fact, the best penny stocks can double - or triple - in price if the Dow just has a good day. For example, Senmiao Technology Ltd. (NASDAQ: AIHS), one of our top penny stocks last year, popped 268% when the Dow hit a record high in November.

So you know the top CBD penny stocks will continue to pop as long as the industry keeps on its 1,000% climb.

Today, we're going to show you some of our favorite CBD oil penny stock investments. But first, here's what you need to know to start investing in CBD.

How to Invest in CBD Oil Penny Stocks

Because CBD is so new, it might still carry some of the stigma associated with cannabis. Part of the reason is that many cannabis stocks are also CBD stocks.

So a lot of investors might be slightly gun-shy about investing here, which could affect the price.

We saw this happen to cannabis stocks all last year. They soared on a wave of hype, then lost around 50% by the end of 2019.

Fortunately, in 2020, the mystery around CBD will have been somewhat uncovered. And while the top CBD penny stocks to buy are still at their lows, investors had better hurry.

So here's how to invest in these top CBD stocks we're about to share with you.

No. 1: Open a Brokerage Account

You'll need this for any investment you make, so you might as well start now. This can be done online, or you can go in person and talk face-to-face.

You may even have a relationship with a broker and not know it. If you already have an IRA or 401(k), you can ask the broker to set up a "cash account" to begin investing.

Choosing a broker, you're going to want to avoid the ones with a high minimum investment. It's not typical of brokers, but be sure to pay attention to whether this is the case.

You'll want your broker to be established and supported by credible research. Without good research, stock traders can get caught up in "pump and dump" schemes where shares are artificially inflated. So make sure your broker has solid data behind their claims.

Once you manage to find a broker, it's time to fund your account.

No. 2: Fund Your Account

You can add money to your account anytime you want, depending on how many CBD penny stocks you want to buy.

Some brokers may have account minimums or charge commission. So ask your broker and be sure how much is actually needed to fund the account. Broker commissions usually don't exceed $10 per transaction.

The next, and most difficult, step would be to find the best CBD oil penny stocks. But we've got you covered. Here's how you can gain up to 910% on CBD stocks.

No. 3: Look for These Top CBD Penny Stocks

CV Sciences Inc. (OTCMKTS: CSVI) is a Las Vegas-based pharmaceutical company with a lot of reach.

Last year, it launched a CBD oil product called Plus CBD. And it was in 3,300 stores by late march.

Like many other penny stocks, CV got a nice jolt from the Farm Bill in 2018 (which legalized hemp transport across state lines). Revenue soared from $20 million to $48 million, about 140% growth.

Since then, it's climbed even higher. CV has managed to raise revenue by 20% in the last 12 months.

You can pick up CV Sciences for just $1 today. Analysts are targeting $3.80 for the year, which would be a 280% return.

Elixinol Global Ltd. (OTCMKTS: ELLXF) is a CBD company based in Australia. It offers a wide range of medical and recreational marijuana products.

But it also sells CBD across North America, Europe, and Asia. And it still has plans to expand this year.

In 2019, Elixinol doubled its production of CBD bottles by adding 20,700 square feet to its Colorado facility. It also raised $50 million from investors, which bought another 23,000 square feet of land.

This company hasn't stopped growing since revenue spiked 121% from 2017 to 2019, going above $39 million.

Elixinol shares go for $0.60 right now. But some analysts are targeting $6.06 in 12 months. That's 910% growth.

MedMen Enterprises Inc. (OTCMKTS: MMNFF) is an American CBD company that sells edibles, extracts, vape oils, topical oils, and more.

Last year, the company made over $64 million from just 37 stores.

MedMen currently has over 1,000 employees, but it's continuing to expand through California, Nevada, Arizona, Florida, and New York.

It also made a key acquisition in 2019, buying PharmaCann for $680 million to expand its medical and CBD market share.

This company's growth is enough to sustain the costs from the buyouts. Revenue soared 230%, from $39 million to $129 million in 2019.

Analysts are looking forward to 67% revenue growth in 2020 and 162% growth over the next two years.

That's why they're targeting $4 from today's share price of $0.41 - a 395% leap - over the next 12 months.

Don't Miss the Next "Big One": Anyone who passed on a little-known tech company in 1997 is haunted by a lost 11,200% windfall, as it went on to be an industry giant. Today, folks who snub the cannabis sector could be tomorrow's cautionary tale. You're not too late to lock in an opportunity on the ground floor, but this window won't stay open long... Click here for the details...

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About Money Morning: Money Morning gives you access to a team of ten 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.To get full access to all Money Morning content, click here.

Disclaimer: © 2020 Money Morning and Money Map Press. 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. 16 W. Madison St. Baltimore, MD, 21201.]]> Fri, 31 Jan 2020 22:02:33 +0000 https://moneymorning.com/2020/01/31/why-you-should-invest-in-cbd-oil-penny-stocks/