Tag: Cannabis Stock Trades

7 Canadian Cannabis Stocks that Could Soar

Posted on by The INO.com Team

Analysis originally distributed on January 24, 2018 By: Michael Vodicka of Cannabis Stock Trades

There are fewer things that can send a stock soaring like a buyout. And right now - I see a wave of buyouts ready to pop off in the cannabis sector - and I want to show you how you can profit.

When one company buys another company - shares of the company being bought usually surge higher.

Let me give you a recent example.

On January 18, Celgene Corp. (CELG) announced it would buy Juno Therapeutics (JUNO), a promising young biotech for $85 per share - a 91% premium to its share price at the time of the announcement.

That sent shares of JUNO soaring 91% in just seven days - giving JUNO shareholders a big gain in a very short amount of time.

LL

Today - I see a big wave of buyouts coming down the pike in the cannabis sector and I believe it is creating another awesome opportunity for big profits. Continue reading "7 Canadian Cannabis Stocks that Could Soar" →

North American Cannabis Index Jumps 86% in 2017

Posted on by The INO.com Team

Analysis originally distributed on January 3, 2018 By: Michael Vodicka of Cannabis Stock Trades

2017 turned out to be a great year for cannabis stocks - particularly if you knew which stocks to buy.

The North American Cannabis Index was up 86% in 2017.

North American Marijuana Index

Canadian stocks were on fire - the Canadian Cannabis Index was up 160% in 2017.

Canadian Marijuana Index

Most improved award goes to US cannabis stocks - they were steadily falling for most of the year - down 40% on the year in late October.

Then in early November, a major rally kicked in and US cannabis stocks rallied hard - with the US cannabis index jumping more than 100% from the 52-week low. Continue reading "North American Cannabis Index Jumps 86% in 2017" →

2 Profit Triggers Could Send This Stock Soaring In 2018

Posted on by The INO.com Team

Analysis originally distributed on Decemberber 20, 2017 By: Michael Vodicka of Cannabis Stock Trades

Last week I shared a list of 6 cannabis stocks I expect to profit from the legalization of recreational cannabis in California.

This week I am going to take a deeper dive into one of my favorite stocks from the list.

  • This is a good stock to profit from California
  • It's also a broad play on the US cannabis sector
  • Third-quarter sales were up 86% from last year
  • Shares just spiked into a 52-week high
  • I see plenty more gains ahead.

GrowGeneration (OTC:GRWG) is a US cannabis company headquartered in Denver, Colorado.

Shares are traded in US, OTC markets under the ticker symbol GRWG.

GrowGeneration owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 13 stores, which includes 9 locations in Colorado, 2 locations in California, 1 in Las Vegas and 1 location in Seattle.

GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Continue reading "2 Profit Triggers Could Send This Stock Soaring In 2018" →

6 Cannabis Stocks Set to Surge from California's Rec Market

Posted on by The INO.com Team

Analysis originally distributed on December 13, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis stocks have a huge event directly on the horizon. In fact, it's the most important event of the last 12 months and I expect it to send a certain group of cannabis stocks soaring.

On January 1 California will become the latest - and largest US state - to legalize recreational cannabis.

This is easily the most important event in the cannabis sector in the last 12 months. And I expect it to be a huge catalyst for cannabis stocks for two reasons.

1. Billions In New Sales:

California is already the largest cannabis market in the world - by a long shot. Its legal and illegal cannabis market did around $8 billion in sales in 2016 - with 75% of that from illegal sales. Recreational is expected to quickly chip into illegal sales and grow into a $4 billion annual market within a few years, from basically $0 today. That is a potential revenue and profit windfall for cannabis companies ready to capitalize. I expect this to be a strong tailwind for US cannabis stocks in general and particularly ones operating in California's high -growth market.

California's Legal Cannabis Market
Continue reading "6 Cannabis Stocks Set to Surge from California's Rec Market" →

Cannabis Oils Leader Delivers 80% Revenue Growth

Posted on by The INO.com Team

Analysis originally distributed on October 25, 2017 By: Michael Vodicka of Cannabis Stock Trades

Cannabis oils is one of the fastest growing sub-industries in the cannabis sector.

According to a recent Health Canada report, the cannabis oil sector grew more than 871% between April 2016 and March 2017.

The reason for that incredible growth is simple - health benefits. Vaping or placing a few drops of cannabis oil under the tongue doesn't irritate the lungs like smoking cannabis.

Looking forward, this is still the beginning of the trend. Oil should continue to capture market share from dried cannabis for many years.

This migration to oils is creating a great investment opportunity.

In Canada, only a small group of licensed producers have a second license to manufacture and sell oils.

That's why I'm excited to share an undercover Canadian cannabis company. Continue reading "Cannabis Oils Leader Delivers 80% Revenue Growth" →