Marijuana stocks have started getting main stream attention. You can see “experts” on TV talking about them on their financial news stations. Is it all just hype? The truth is many marijuana penny stocks are scams or desperate companies who lack the proper funding to ever compete with the big boys. It is already almost 2020 and we still have people that wonder if there are any legit pot stocks.
Over the last five years, marijuana stocks have seen enormous growth. Every year more legislation is being passed giving people access to both medical and recreational use of Marijuana and Cannabis related products. The medical marijuana industry is expected to reach over 55 billion by 2025 some experts are estimating that California will add an addition 5 billion to its economy because of their decision to legalize the recreational use of the plant. By 2025 it is estimated that the weed industry will create an additional 500,000 jobs. There will be a lot of money made in marijuana stocks. There will also be a lot of money lost if you choose the wrong company at the wrong time.
As I am sure you can imagine smart investors are looking to take advantage of the future explosion in the industry. Our focus is to stay ahead of the game and be able to provide our subscribers with the most current and relevant Cannabis news as well as top-notch marijuana stocks alerts! First here are two stocks we are currently watching.
Top 3 marijuana penny Stocks to buy in 2020
Ticker Symbol: ACCR
Access-Power, Inc. This is one of the rare stocks to make the leap from grey to pink. The CEO sent out a PR that he is working on becoming current and has developed a CBD product that he is in the process of marketing. This stock has a very small float. Marijuana Stocks with small floats have a history of huge increases. We have watched stocks like DCGD and others go from under .01 to over $1 in just a few short months. This stock is a high risk high reward stock.
Ticker Symbol: AVXL
The Anavex Life Sciences Corp. (AVXL) stock is getting a boost from company news and technical signals on the charts. The company has been granted a new treatment patent for Alzheimer’s disease. This patent is for the long term and could remain valid until 2037. Stock markets love this kind of news of any long-term success. That is why the AVXL stock is also getting much attention from traders and investors. This is another stock that you might like to include in your portfolio and buy it near the technical support levels, when the stock moves up with higher volumes. It looks like a good buy under $2.50 for a sell around $2.85.
Ticker Symbol: CGC Canopy Growth Corp.
CGC hit a 52 week low and has seemed to bounce. This is a stock we expect to do well over the next year leading into the 2020 election. This is a stock that is fun to trade options on. Last April I was a week early on my short. I shorted the CGC at 48 and made the mistake of not buying my option puts far enough out. The end result was a loss of 60k as the stock went to $51 a share. The timing was a week off. The stock fell from $51 to $13 a share and would have made millions instead of losing 60k on it.
Some of the most frequently asked questions we get are:
What are the best marijuana stocks to buy in for 2019 and 2020?
Because the marijuana industry is still a relatively new industry some of the best marijuana stocks to buy are new companies that haven’t hit the mainstream newswires yet. This is good for you because it allows you to purchase these stocks before the crowd for a cheap price per a share. Our newsletter and text alerts are specifically in place to help get the word out on these new companies. Make sure you sign up so you can stay ahead of the average investor.
What have been the top marijuana penny stocks in the sector the last several years?
There have been some stocks that have seen major growth over the last few years. Some of the most popular stocks have been MJNA, POTN, CANV, VAPE,GWPH,CANN, and TRTC. Some of the more popular ones lately are TLRY,CGC,NBEV,CRON. If you look below you will see more stocks listed.
Are weed stocks something good to buy now and hold long term?
That depends on what investment strategy fits you. Some people like buying penny stocks to swing trade and others are looking more for long-term holds. Find out which investment style fits you best.
Are both Hemp stocks and Cannabis stocks worth looking at?
The legalization of Cannabis for recreational use will also lift restrictions when it comes to hemp related products. Hemp was a ton of different uses. So savvy investors will be looking to make money in both the hemp and marijuana market.
Will marijuana companies have to use a crypto-currency like bitcoin?
There has been some speculation that companies will use cryptocurrency similar to bitcoin in order to accept payments for their products. Since state laws don’t necessarily match federal laws this is a precaution a lot of companies may take.
Where can I find an updated watchlist for marijuana stocks?
We provide our email and text subscribers with updated watchlist and alerts, so they are never left in the dark.
Can I invest in Canadian marijuana stocks?
Some of the biggest stock gainers in the last few years have been Canadian marijuana stocks. Most popular brokers and trading platforms like Etrade, Scottrade, and TD Ameritrade allow you to trade Canadians stocks.
There is a ton of excitement surrounding the industry. Pot Stocks should be a booming industry for a long time! Below we have some useful information that we will keep updating regularly. You can sign up for our email alerts by visiting our homepage. We specialize in penny stocks, oil stocks, solar stocks and bitcoin stocks.
Make sure you sign up for our free text stock alerts by texting “ateam” to 94253 with your mobile device.
The United States is starting to completely green! Every year more and more states are legalizing marijuana.
2019 is expected to be a huge year for pot stocks because you have heavy populated states like California that are not legalizing marijuana.
List of marijuana penny stocks that either have done business in California or their business is currently in California. This list includes stocks that have mentioned Marijuana or Hemp related products. A lot of these are marijuana penny stocks so they may not be fully reporting.
ACOL- Acology Inc
ADVT- Advantis Corporation
AVOP- AV1 Group, Inc.
CBIS- Cannabis Science Inc.
CNBX-Cannabics Pharmaceuticals Inc.
EMBR- Embarr Downs, Inc.
EXMT- Anything Technologies Media Inc.
FFRMF- Future Farm Technologies Inc.
GRCU- Green Cures & Botanical Distribution Inc.
GRNH- GreenGro Technologies, Inc.
HPNN- Hop-on, Inc.
HSCC- Homeland Security Corp.
ICBU- IMD Companies, Inc.
IMTV- Imagination TV, Inc.
ITNS- ITonis, Inc.
KGET- Kleangas Energy Technologies, Inc.
KSHB- KUSH BOTTLES INC
LVVV- KUSH BOTTLES INC
MCIG- mCig, Inc.
MCOA- Marijuana Company of America, Inc.
MJNA-Medical Marijuana, Inc.
MYDX- MyDx, Inc.
MYHI- Mountain High Acquisitions Corp.
NMUS- Nemus Bioscience, Inc.
PNTV- Players Network (THE)
PURA- Puration Inc.
RIGH- RightSmile, Inc.
SGDH-SGD Holdings, Ltd.
SGMD- Sugarmade, Inc.
SIPC-Sipp Industries, Inc.
TGIFF- Friday Night Inc.
TRTC- Terra Tech Corp.
USEI- US Energy Initiatives Corporation, Inc.
VAPE- Vape Holdings, Inc.
VAPI- Vapir Enterprises Inc.
VAPR- VaporBrands International, Inc.
VDRM- ViaDerma, Inc.
VTMB- Vitamin Blue Inc
WDRP- Wanderport Corp
WTCG- W Technologies, Inc.
XSNX- XsunX, Inc.
XTRM- Extreme Biodiesel, Inc.
2019 figures also to be a very hot market for marijuana stocks in Canada. So we have put together a list of some of the Marijuana stocks that are located there.
ABcann Global (TSXV:ABCN) OTC #ABCCF
Alliance Growers (CSE:ACG) OTC #ALGWF
Aphria (TSX:APH) OTC #APHQF
Canadian Bioceutical (CSE:BCC) OTC #CBICF
Cannabix Technologies (CSE:BLO) OTC #BLOCF
CanniMed Therapeutics (TSX:CMED) OTC #CMMDF
CannTrust (CSE:TRST) no OTC found
DOJA Cannabis (CSE:DOJA) OTC #DJACF
Emerald Health Botanicals (TSXV:EMH) OTC #TBQBF
Emblem (TSXV:EMC) OTC #EMMBF
Friday Night (CSE:TGIF) OTC #VPGDF
Future Farm Technologies (CSE:FFT) OTC #FFRMF
Global Cannabis Application (CSE:APP) OTC #FUAPF
Global Hemp (CSE:GHG) OTC #GBHPF
Golden Leaf Holdings (CSE:GLH) OTC #GLDFF
Harvest One Cannabis (TSXV:HVST) OTC #HVST
High Hampton Holdings (CSE:HC) no OTC found
iAnthus (CSE:IAN) OTC #ITHUF
InMed Pharmaceuticals (CSE:IN) OTC #IMLFF
International Cannabis (TSXV:ICC) OTC #ICCLF
Isodiol International (CSE:ISOL) OTC #ISOLF
Lexaria Bioscience (CSE:LXX) OTC #LXRP
Lotus Ventures (CSE:J) no OTC found
Liberty Health Sciences (CSE:LHS) OTC #LHSIF
Liberty Leaf (CSE:LIB) OTC #LIBFF
Marapharm Ventures (CSE:MDM) OTC #MRPHF
Maricann (CSE:MARI) OTC #MRRCF
Matica Enterprises (CSE:MMJ) LOTC #MQPXF
MedReleaf (TSX:LEAF) OTC #MEDFF
MYM Nutraceuticals (CSE:MYM) OTC #MYMMF
Naturally Splendid (TSXV:NSP) OTC #NSPDF
Newstrike (TSXV:HIP) no OTC found
Nutritional High (CSE:EAT) OTC #SPLIF
OrganiGram (TSXV:OGI) OTC #ORGMF
PUF Ventures (CSE:PUF) OTC #PUFXF
Quadron Capital Corporation (CSE:QCC) NO OTC found
Radient Technologies (TSXV:RTI) NO OTC found
Scythian Biosciences (TSXV:SCYB) OTC #SCCYF
Supreme Pharmaceuticals Inc. (CSE: SL) OTC #SPRWF
TerrAscend (CSE:TER) No OTC Found
Tetra Bio-Pharma (CSE:TBP) OTC #TBPMF
THC Biomed (CSE:THC) OTC #THCBF
Tinley Beverage (CSE:TNY) OTC #QRSRF
Valens GroWorks (CSE:VGW) OTC #MYMSF
Veritas Pharma (CSE:VRT) OTC #VRTHF
Vodis Pharmaceuticals (CSE:VP) OTC #VDQSF
WeedMD (TSXV:WMD) OTC #WDDMF
Wildflower Marijuana (CSE:SUN) OTC #WLDMF
Marijuana Penny Stocks
Marijuana penny stocks are companies that are still start up level companies. Most marijuana penny stock companies still rely on unorthodox financing. That means they are subject to a lot of pump and dumps.
If anyone searches about the hottest penny stock market segment of 2018-19, they’ll find out that marijuana penny stocks are on the topmost listing among all the low-priced stocks. The year 2019 will be marked as the phase of pot stocks and if you are looking for investment in any marijuana stocks for your watchlist, there will be many companies for you to consider while designing your own list.
What are marijuana penny stocks?
Marijuana penny stocks belong to the beginner companies or the small-segment companies having a presence in legal marijuana industry. It might be associated with marijuana segment in any way: cultivation, marketing, stocking, retailing, medical-usage, transportation, and many other streams.
After Canada legalized marijuana for recreational and medical use, many US states came up with the concept of legalization of pot for growing the state economy. Many companies were associated with the weed boom by getting associated with the industry in any way. The expansion of many development companies mounting with the pot segment has given a fair chance for their growth. There are some great price moves seen in the marijuana stocks that give an opportunity to the investors to expand their investment portfolio.
With the rapid expansion and the massive price movements, there is a lot of pump-and-dump action associated with the marijuana sector which gives an option to rethink about the choices to make. The skillful traders make it a point to select the most trusted companies for trading in weed stocks.
Marijuana market growth
The marijuana industry is expected to become the hottest segment within a few years. It is still the most prominent segment and many new companies are thinking about the ways to get inside it in some or the other way. For example, the companies marketing carbonated drinks are including marijuana content in their drinks and making their new products trendy as per the present trend.
Many states have permitted recreational marijuana and the places like California, which have been a great spot of weed markets, have been given a legal signal for the purchase of weed. The market has become huge and people are coming to CA for enjoying the green weed in different forms. The impact of legalization of weed in Canada has also made a large impact on the US marijuana industry. Gold, natural gas and other lucrative stocks appear nowhere in terms of the pot companies. The size of the marijuana industry is going much beyond the expectation of the shareholders.
Benefits of investing in marijuana penny stocks
Stock investments are best to be made in the sector which is expected to have huge growth potential. Check out the news on regular basis and find out the stocks which can actually give you profits in the long run. The excitement levels should be high for the industry you’re choosing to invest in and marijuana stocks are among those fascinating stocks for the investors at present.
The second thing is to look out for the companies which are benefiting from the hottest sectors in which the trading is done in huge amounts. The marijuana industry is trendy and the investors are looking forward to their investments in the sector to attain profits in high number.
Finding the best marijuana penny stocks
Marijuana penny stocks are looked by many potential investors and there are a few strategies to follow to find out the most promising penny stocks in the pot segment:
Make your watchlist for the marijuana stocks to grab
Your first aim should be to create your own watchlist and find out the stocks which can fetch you high-profits in the coming future. Check out the volatility of the stocks as the stocks with no price changes will have low chances of getting the required results. It is important to see the number of stocks being traded every day. The buying and selling numbers should move smoothly which mean that you should be able to make any transactions without any limits.
Look out for charts and technical readings
There are many platforms to research for the stocks and the trader must be aware of these locations to put their cash away from the risk. ‘It is all in the charts’ and you need to understand that they are the best indicators to get the price variations, trends and technical analysis of the stocks.
There are no strong fundamentals involved in penny marijuana stocks and they are hyped beyond limits. You have to remember that you don’t ride into the general predictions or news about the stocks. The actual data has to be collected to get the real earnings, financing, regulatory and contracts of the marijuana companies you’ll deal with. It will give you a fair review of the companies in which you are thinking to invest.
Trade hot stocks and grab profits
The stocks you are trading in need to be quite famous. If people are talking about them on forums, news or blogs; and the charts appear clean, go for those options. These hypes don’t last forever. So, be a good buyer as well as a smart seller of the stocks.
Track your watchlist
Your watchlist should be handy and easily analyzed whenever you want. Subscribe to any good alerting applications and get regular updates on the stocks on your watchlist. You will get real-time updates and get an idea about onboarding on the profit trend.
Marijuana penny stocks provide endless opportunities for the investors looking forward to investing in the trending pot sector. There are some huge fortunes expected to be made and lost in weed stocks in the upcoming years.
You need to follow the right track of the hype and remain open in choosing the profitable moves to get higher profits. Research is the key to get profits in stocks and the traders need to make sure that they go through the newsfeeds, charts, and watchlists to give the propitious returns over your investments.