Tag Archives: Marijuana stocks

Top penny stocks to watch in March

Top Penny stocks to watch in March 2018

by Sumedha Rewar

Here are some of the top penny stocks to watch in March. If you are looking to buy penny stocks make sure you take the time to do your research on the company. Penny stocks are risky. Sometimes they lack the volume or liquidity to invest large sums of money in them. They have the ability to go up huge or go down fast.

Top Blockchain Stock: BKPPF Block One Capital

This potential juggernaut has been busy!

  • They have acquired 40% Finzat Block LLC.  a Mortage blockchain company which will help streamline and digitize the United States Mortage market.
  • They have acquired 90% of TG12 Ventures a cryptocurrency mining operation which expects to have 1,000 miners operational by the end of this month
  • They have acquired 40% of OMAAT LTD. dba CUIPO a company that helps with conservation efforts and Rainforest Preservation.

Top marijuana stock: MJNE- Mj Holdings Inc.

MJ holdings is a marijuana penny stock that has been flying under the radar. It has a tiny float of under 700 million shares according to OTCmarkets.com It also has the majority of the outstanding shares restricted and owned by insiders. MJNE was up as high as $8.50 a share in 2018. They just launched a new website. Right now the stock doesn’t have a lot of volume. If volume picks up first resistance is at $3 on the chart.  One of the most popular and most followed cannabis stock investors has given MJNE a price target of over $10 a share.

MJNE marijuana-stock


Lexington Biosciences is in the process of getting FDA approval on their revolutionary personalized cardiovascular health monitoring device the HeartSentry.  Experts predict that in the next two years the personalized home blood pressure monitoring instruments market will exceed 2.6 Billion dollars. Right now in the United States 1 out of every 3 deaths are caused by heart disease and stroke. This company provides the unique opportunity to help save lives while making money.



*Editor’s Note: The author of this article has no position in any of the stocks mentioned nor in any competitor stocks. The opinions expressed are solely her own and do not necessarily represent the opinions of Awesome Penny Stocks.

Share This:

ELED Chart update

Chart update on ELED


First is the chart I posted in the comments a week ago. As we can see the support at the 50-day moving average gave though.


The second chart will show an example of how this drop could have been predicted. As you can see on the second chart there was a decline in volume. When a penny stock comes down to a level of support you want to see buying volume start to increase. Buying volume helps power up the support and brings new money in which builds momentum that can push the stock to the next level of resistance. Once a level of support gives fails it becomes resistance. Likewise, once resistance is broken through it then becomes a level of support.

ELED chart


As far as the future outlook on ELED chart wise a positive sign would be to see a bounce to .02 with double the average daily volume you have seen over the last week. You would most likely hit resistance at .02 get denied once and need to create a triple bottom at .015 range. If the 3rd bounce off of .015 also had an increase in volume you could see a bounce to .03 and test resistance there. On the flip side, If support at .015 doesn’t hold ELED will most likely come down to support at around .01, most experienced traders would load ELED in the .01-..0115 range and then flip it at resistance around the .014-.015 range.

ELED future support



Again this is just my opinion. Everyone should make their own buying and selling decisions.

Share This:

Is Exeled Holdings INC. OTCMKTS ELED being naked shorted?

Is Exeled Holdings INC. (OTCMKTS:ELED) being naked shorted?

In our opinion we don’t believe that it is naked shorted. That usually just happens with commodity ETFs. Naked shorting sucks because there is nothing you can do about it. Market Makers will short a stocks like ELED because of the enormous break out it has already had. Having a market maker or a trader short is much better for investors than having it naked shorted. The reason why is they are more limited in the amount of time they can short. If their shorts don’t cause panic and major sell offs then the shorters will get very nervous. If some major rumors or catalyst come and the stock has built enough legs you will have the potential for a short squeeze.

That is what happened last year another Marijuana stock. The stock started out sub penny and ended up over 25 cents a share. Once you have the float locked up on a penny stock the only real enemy is if there are note holders selling or CEOs either increasing the Authorized shares or doing a reverse split. If either of those happen that is usually when you want to quickly exit the stock. That is why it is important to read the SEC filings. Here is a link to teach you how to do that. https://awesomepennystocks.com/learning-sec-filings/ The only other thing to watch is the Level 2. On the level two you want to learn to be able to tell the difference between someone selling a Note (toxic financing) or someone who is shorting. If MMs(Market Makers) are shorting they will be on both the bid and the ask. I have also put together a short training for reading level 2 at https://awesomepennystocks.com/reading-level-2/. It is always good to learn as much as possible when it comes to penny stocks. There is a lot of money to be made and also a lot to be loss.

As a group I always encourage being completely open with each other. Don’t criticize someone who ask questions even if they appear to be negative. Skepticism is good to have as well. Smart skeptical people help a group out and also help bring in big money investors that are more analytical with their decision making. With that being said there is a huge difference between an educated skeptic and someone that just bashes everything without backing up what they say with something you can read and learn from. In penny stocks there are people that get paid who have fake aliases to both bash stocks and to pump stocks. Each stock will most likely have a few paid promoters/bashers working both sides. I haven’t had a chance to dive in and read ELED sec filings but I would recommend doing it even if you are new. Our SEC Filings free training link shows you how you can search for a company’s SEC Filings.

As far as ELED is concerned shareholders should actually be rooting for the stock to stay in the .014-.02 range for the next 2-5 days. Especially if the great volume keeps up. If you go back in time when it was in the .003-.004 range there were a lot of investors who were scared thinking that it had peaked. What they didn’t realize is the stock was forming a leg. At the .004 range it formed its B leg. This is where the stock developed solid support. It had it’s traders that bought from .0008-.0013 (Where Obi Mbawuike first alerted it) and sold it from .003-.005. So new investors and savvy investors that understood it was developing legs bought at the .004-.005 so this was the new base. You want to see a new base or leg happen from .014-.02 This will allow anyone who is on the fence on whether or not they want sell to get out and take profit. As long as there is enough buying power to absorb the flippers shares and to lock in the short sellers it will develop and that is where magic run number 3 can happen.

If enough shares get locked up from .014-.02 What will happen is there will be a share shortage. Meaning that most of outstanding shares will be owned by people not willing to sell and the remaining shares will be hard to get. These creates a supply and demand surge. If an unfortunate market maker shorted 1 million shares at .015 hoping he could cover at .01 and make 50% from a sell off and the stocks does the opposite and goes up that Market Maker gets stuck in a short squeeze. The Market Maker has to buy back 1 million shares in a limited amount of time, and since they have taken the high risk of shorting a penny stock they usually have to a lot more money (sometimes millions) sitting in their margin that they can’t touch just incase things go bad and they guessed wrong. When a penny stock shorted at .015 quickly goes to .03, short sellers will start covering their shorts which means they will be taking quick losses and buying shares at the .03 to cover. Well when you buy a thinly traded stock fast its price shoots up even higher! When happens this creates a buying frenzy also what we call a blue sky break out. Now the Shorters who didn’t buy back quick enough will have Margin calls coming in. This is where their brokers will automatically start buying shares to cover. Most will also have stop loss kick in which will trigger and you can see penny stocks have unbelievable gains. Now an example of this happening was CYNK Technology. The stock went up 24,000% So investors lucky enough to buy $10,000 in shares when the stock was at the bottom saw their accounts go up as high as 2.4 million dollars! Now short squeezes like CYNK are not typical. That is why you want to actively watch the Level 2 and read SEC filings and learn as much as you can. Congrats to everyone who had already made money on ELED! Congrats to Obi on another 1,000%+ gainer!  

Everything in this article is for entertainment purposes only. We are not financial advisors. This article is just an opinion. Awesomepennystocks.com does not own any shares of ELED. Awesomepennystocks.com has NOT been compensated to talk about ELED.  Please read our Disclaimer here.

Share This:

Marijuana Stocks could explode in 2018

marijuana stocks

Marijuana Stocks

Welcome to our website! We are the most trusted source when it comes to marijuana news as well as marijuana stocks. We are here to help investors keep up to date with the newest market trends in the marijuana penny stocks, cannabis and pot stocks sectors.

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 2020 it is estimated that the weed industry will create an additional 350,000 jobs.

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 the most current and relevant Cannabis news as well as top-notch marijuana stocks alerts!

Some of the most frequently asked questions we get are:

What are the best marijuana stocks to invest in for 2018?

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 mmj 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 weed stocks the last several years?

There have been some pot 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. If you look below you will see more stocks listed.

Is weed stock something good to buy now and hold long term?

That depends on what investment strategy fits you. Some people like buying stocks to swing trade and others are looking more for long-term holds. Find out which investment style fits you best.

Are both Hemp stock and Cannabis stock 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.

In Conclusion

There is a ton of excitement surrounding the industry. 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.

Marijuana Stocks to Watch  March/April

Please read our disclaimer before investing in any stock on our watchlist. We are not giving advice. Everything on this page is for entertainment purposes only. We may buy or sell any of the securities at any time.  Penny Stocks and Marijuana stocks are risky. Make your own buying and selling decisions.

Ticker Symbol: MJNE – MJ Holding, Inc.

According to OTCMarkets.com this marijuana stock has a float of only 668,398 shares which is almost unheard of for a marijuana stock. Looking through some of the SEC filings the company has had some huge revenue years as well. 61.4 million of the 62.6 million O/S is restricted which is usually a really good sign. We are very bullish on this stock right now we own thousands of shares and plan on buying more. They also just launched a new website www.mjholdingsinc.com which looks really good. We also noticed that one of the people that found POTN under .04 before it ran to .95 just mentioned it on Twitter as an under the radar stock with huge potential. Right now MJNE has very little volume if the volume picks up this stock could move up very fast. We try to put marijuana stocks on our watchlist that are under the radar and have not had huge runs yet. This is a high risk and high potential reward stock. Make sure you do your own research.

 Ticker Symbol: POTN – Potnetwork HLDGS

This marijuana stock has a cult-like following. POTN Has solid revenues based on unaudited financials. If they get them audited more people will believe them and there could be an increase in the stock price. The buying volume on this stock has been coming down. We have added it to our watchlist for a possible buy on a sell-off.


October 2017 update.  The United States is starting to completely green! Every year more and more states are legalizing marijuana.


Marijuana states

 2018 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 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 since 2014.

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.
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.

2018 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.


Alliance Growers (CSE:ACG) OTC #ALGWF


Aurora Cannabis (TSX:ACB) OTC #ACBFF

Canadian Bioceutical (CSE:BCC) OTC #CBICF

Cannabix Technologies (CSE:BLO) OTC #BLOCF

CanniMed Therapeutics (TSX:CMED) OTC #CMMDF

CannTrust (CSE:TRST) no OTC found

Canopy Growth (TSX:WEED) OTC #TWMJF

Cronos Group (TSXV:MJN) #PRMCF


Emerald Health Botanicals (TSXV:EMH) OTC #TBQBF


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


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


Matica Enterprises (CSE:MMJ) LOTC #MQPXF


MYM Nutraceuticals (CSE:MYM) OTC #MYMMF

Naturally Splendid (TSXV:NSP) OTC #NSPDF

Newstrike (TSXV:HIP) no OTC found

Nutritional High (CSE:EAT) OTC #SPLIF



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


Tinley Beverage (CSE:TNY) OTC #QRSRF

Valens GroWorks (CSE:VGW) OTC #MYMSF

Veritas Pharma (CSE:VRT) OTC #VRTHF

Vodis Pharmaceuticals (CSE:VP) OTC #VDQSF


Wildflower Marijuana (CSE:SUN) OTC #WLDMF


What are Marijuana Stocks?

Washington, Colorado, Alaska, and Oregon have legitimized the utilization of Marijuana. Overall, Twenty-three states altogether have made the medication lawful for restorative use. This generally new legitimization has permitted many new organizations that have some expertise in the plant to rise. Some of those organizations have opened up to the world and offer another venture specialty: pot stocks.

Any item you can envision has a traded on an open market organization behind it. Soda pops have COKE (COKE) and Pepsi (PEP), beer has Anheuser-Busch (BUD) and Molson Coors (TAP), and tobacco has Phillips Morris (PM) and so forth. Since it is legitimate in numerous regions around the nation, Marijuana additionally has organizations that spend significant time on developing marijuana. At the point when those organizations issue stock, they are considered marijuana stocks.

Cultivators are only one sub-area of this industry. These organizations spend significant time in developing the plants, and subsequent to the gathering, they offer them to merchants who are then in charge of everything else down the line. Be that as it may, those are not by any means the only organizations that represent considerable authority in weed stocks. There are likewise pharmaceutical organizations like Vancouver-based Abattis Bioceuticals Corp and London-based GW Pharmaceuticals (GWPH).

How are Marijuana Stocks Valued?

Keeping in mind the end goal to better comprehend pot stocks’ valuation, we have to know a tad bit about how all stocks are esteemed.

At the point when an organization arrangements to open up to the world about their stock, they will procure a financier. These guarantors, typically colossal venture banks like Goldman Sachs, dissect the organization to decide its value. Starting there, the guarantor will work with the organization administrators to decide a stock price.

Why put resources into marijuana stocks?

You may as of now have a few explanations behind needing to put resources into marijuana stocks, however as a refresher, here are some enormous reasons why speculators are warming up to the pot market.

  • 4 states have endorsed recreational marijuana laws.
  • 24 states have endorsed medicinal marijuana laws.
  • The legitimate marijuana market grew 17% in 2015 to $5.4 billion, as indicated by ArcView Market Research.
  • ArcView gauges the business sector will develop another 25% in 2016 to $6.7 billion.
  • After recreational pot laws went in 2012, Colorado’s weed deals have as of now hit $1 billion every year.
  • And, research into marijuana based pharmaceutical proposes it could offer new would like to individuals experiencing destroying infections, for example, epilepsy.

The weed business sector is extending rapidly as states pass expert pot enactment. Be that as it may, offers of marijuana could truly take off if voters give cannabis proposition an OK in intensely populated states like California. California was at the front line of the restorative cannabis development in the mid-90s and upwards of 1,000 therapeutic weed dispensaries as of now work there.

In Conclusion

For the canny speculator, marijuana stocks can be entirely lucrative. In any case, first, you need to weed out those that are performing inadequately and make an informed supposition on which ones will even now be around and thriving as the laws are extricated. For the individuals who plan to profit from the pot business, yet would like to lessen their danger, there are many ventures identified with the pot business, however, have comes to long ways past.  Marijuana stocks right now happen to be some of the hottest penny stocks investors are putting their money in.

List of Marijuana Stocks below. If you have a stock not on the list please comment with a little information about the stock below.

Share This: