With the increasing number of states that have embraced medical and recreational marijuana sales, it’s easy to assume that investing in cannabis stocks may be the next best step for your portfolio.
The potential for gains with the cannabis industry is vast, especially as more U.S. states move toward the legalization of medical marijuana. These legislative changes may allow for the eventual legalization of recreational marijuana in more than the current 15 states. Until then, it’s still an impressive $17 billion industry that’s headed mainstream.
Enter: Marijuana penny stocks. In its early stage, you’ll find a plethora of stocks that can be purchased at $1 per share. With plenty of risks associated with penny stocks, the cannabis industry is no exception when it comes to manipulation and fraud. However, consider the basis for the industry and the strong business fundamentals that back it, and you’ll find that this industry does have good stocks to invest in.
There are different types of cannabis stocks to explore. First, you have the growers. These will be the cultivators and distributors of the crop. Then, there are the pharmaceutical companies that make cannabinoid drugs, which are booming with products infused with cannabidiol (CBD). Lastly, the suppliers to those who grow the marijuana- ancillary products like hydroponic systems that support the growth and production of cannabis. When you consider purchasing penny stocks in the cannabis industry, you have many different businesses and business models from which to choose and evaluate.
In addition to the inherent risks of unregulated penny stocks, marijuana penny stocks also carry an additional risk for investors because of its dependence upon the surrounding political climates. Because it is still illegal on the federal level, states are responsible for how they conduct and implement their own laws surrounding marijuana as a whole. While states are continuing to move toward acceptance of the plant in different capacities, there’s still difficulty for people in the industry to raise capital for their businesses or even have bank accounts.
What does this mean for the investors? Cannabis stocks and marijuana penny stocks hold their appeal on the brink of a boom in the industry, and now is a great time to get involved and add a few of these stocks to their portfolio.
In addition to the general research that comes with mitigating risks for cannabis stocks, an investor will want to determine what kind of business in the marijuana industry in which they invest. Investing in growers may require looking at their cash flow stance and closely researching their management teams and growth strategy. Looking into companies providing ancillary products may be safer because they aren’t solely reliant upon the income from cannabis sales. Considering cannabis stock investments over the long-term will be more beneficial than looking for a quick turnaround.
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.
The wave of marijuana legalization in the United States gets most of the attention from investors.
But a similar push for legalization is happening around the world.
As of this writing, 34 countries have legalized marijuana for medical use.
Another 8 have either fully or partially legalized marijuana for cannabis legalization.
Here are the 42 nations that currently have some form of marijuana legalization.
By the end of 2020, Politico reports that as many as 40 states may allow some manner of legalized cannabis.
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 still plenty of room to breakout.
Many publicly traded cannabis stocks are now officially trading in penny stock territory.
They are the ones that could rocket higher in 2020.
Here are the five top CBD penny stocks to watch this year...
It might be a while before marijuana becomes federally legal.
But you don't have to wait too long 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.
Our top CBD penny stocks to watch have the potential to earn today's investor anywhere from 280% to 910%.
Federal marijuana legalization will happen eventually.
It's a matter of "when," not "if."
In 2020, nine more states will be voting to legalize cannabis in some form.
If all states pass their initiatives, 40 states will have some form of cannabis legalization.
Already, 33 states have legalized marijuana in some form.
That includes 11 that have legalized recreational use (plus Washington, D.C.).
Nationwide, roughly 66% of Americans favor marijuana legalization at the federal level.
Despite the overwhelming support, federal marijuana legalization still faces several hurdles in the near term.
Here's what's standing in the way, and when we could see the tides turn...
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.
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.
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...
The key to understanding the true potential of any market is demand.
And with the launch of a new cannabis ETF, the demand for cannabis stocks is spreading across the globe.
Set up by Canadian investment asset manager Purpose Investments in partnership with Deutsche Boerse, the Medical Cannabis and Wellness UCITS ETF is the first cannabis exchange-traded fund to be listed on the London Stock Exchange (LSE).
Here's everything you need to know...
With such high expectations, pot stocks had no chance in 2019, especially when you consider the rising risk of recession. Human nature will lock in profits at such moments no matter what the potential.
That all changes in 2020 as we get closer to full legalization of marijuana. Unfortunately, the federal government won't be leading the way to full marijuana legalization.
It will be individual states that bring us to the finish line of legalization. In 2020, nine states will be voting on marijuana legalization.
These will be the next states to legalize marijuana...
Some form of cannabis use has already been legalized in 33 states and the District of Columbia.
That includes 11 states that have fully legalized recreational marijuana.
And the next wave of legalization is just months away.
During the 2020 election, marijuana reform should be on the ballot in another 10 states.
Make no mistake: This is by far the biggest catalyst for cannabis stocks we've ever seen.
We already know that marijuana legalization means more than 170% upside for the best marijuana stocks.
But there are pot stocks out there that pay a hefty dividend as well.
With these dividend stocks, you can collect income while you wait for the price to break out.
The top marijuana dividend stocks to buy right now are a killer combo of growth and income for any investor.
Marijuana stocks may have been hit hard in 2019, but there is no denying the potential of the cannabis sector in the long term.
In fact, no sector in the market offers the same upside as cannabis.
Just look at the growth projections for the industry.
According to Grandview Research, the legal marijuana market is expected to soar from $13.8 billion today to $66.3 billion by 2025.
That's 380% growth for the entire industry.
The National Institute for Cannabis Investors has a new Executive Director, and we couldn't be more excited to introduce him.
But you don't have to take it from me.
Here's Don, in his own words, on how he can help make 2020 your most profitable year yet.
