CGC

Canopy Growth Corp

Marijuana Industry

Trump's New Drug Price Rule Is a Boon to Cannabis Stocks

The U.S. Department of Health & Human Services (HHS) just finalized its rules requiring pharmaceutical companies to list drug prices in their TV ads this summer.

It's a huge catalyst for cannabis stocks going toe to toe with Big Pharma.

One cannabis stock in particular is already expecting more than 200% sales growth this year, but its gains from this new executive order could be unheard of.

Read more here...

Trading Strategies

The Dollar Value of the U.S. Weed Market Is Already Huge

The marijuana market as a whole is a lot like the Grand Canyon – it looks fantastic up close, but from a distance, it's absolutely breathtaking.

Last year, total marijuana sales – legal and black market – in the United States topped $86 billion. In 2018, all across the country, nearly 49 million people spent an average of $1,755 each on marijuana.

The thing is, some $68 billion of that was from totally illegal black market sales.

But that still leaves us with around $18 billion in legal transactions. For comparison, that's about the size of the U.S. urgent care healthcare segment in 2018.

So the "$68 billion question," as it were, is how quickly that "legal gap" will close and start putting mega-profits in pot stock investors' pockets.

The short answer: much faster than anyone out there is predicting. Bringing illicit sales into the legal "light" doesn't require convincing new customers to try something new; no new consumption habits need to be formed.

It's a well-established market, full of folks just waiting to fork over their money.

And they will fork it over by the truckload...

Trading Strategies

Time to Buy the "Microsoft of Weed"

You got rich from Cisco Systems Inc. and JDS Uniphase. You bought shares in the first public incarnation of Dell. You had positions in companies like SDL and Netscape and made a bundle when those companies sold.

There were dozens of outstanding stocks that turned ordinary investors into millionaires or even billionaires. You owned 'em, and you're one of 'em.

Still, there was one that got away… the decade's most successful tech company – one that dominated the market for years as far back as the 1980s.

I mean Microsoft Corp., of course.

No matter how well you did during the PC and technology boom, you'd have done much better if you'd had some Microsoft in your portfolio all the while.

Well, the cannabis sector of 2019 today looks much like that 1990s tech boom.

And this one company is starting to look a lot like Microsoft...