We continue to suggest to invest in this sector.
We hope everyone benefited from our idea to profit since Aug 2018.
We hope everyone benefited from our idea to profit since Aug 2018.
Meanwhile, another multi billion dollar investment was made in the Cannabis sector by none other than the maker of Marlboro cigarettes.
The reason beer markers, cigarette makers and pharmaceutical giants are investing multi billion dollars into Cannabis companies because Cannabis products will get more and more exciting and take away business from all these 3 sectors for years to come.
In the months ahead, we can expect full legalization in USA, after which, Cannabis stocks will continue to rise and outshine all other sectors including tech.
Even top research analysts are getting on the same bandwagon of investing in Cannabis which can no longer be ignored, as we explained in our original thesis in Aug 2018.
According to latest market research, the global market for Cannabis is in tens of billions dollars. with expected Compound Annual Growth Rate of 30% pa.
Global recreational cannabis market projected to reach $32 billion by 2022
Below you will find performance of select 5 Cannabis top stocks.
No discussion in Cannabis is complete without discussing Tilray shares which was the first Cannabis stock to be listed in the USA.
It went as high as USD 300.00.
All are solid companies, however because sales are just starting and investors book profits, hence there is significant volatility in the names.
With volatility, comes profits (or losses). Hence, keeping stop losses is very important part of investing to prevent erosion of capital.
One can endeavor to buy low and sell high, but in the months and years to come, all these stocks will trade at significantly higher prices as more buyers become aware.
One must have them as a part of a portfolio and also have a long term view on this very exciting new sector.
These are not recommendations to invest hence you may do your own due diligence using this as a guide.
If anyone needs any further guidance, please feel free to reach out via email under Contact Us on top right hand side.
| Company Name | Price July 19, 2018 | Price Aug 27, 2018 | Price 16 Jan 2019 | % from Inception |
| Tilray | 29.77 | 65.2 | 82.88 | 178% |
| Price 26 Feb 2018 | Price Aug 27, 2018 | Price 16 Jan 2019 | ||
| Cronos Group | 9.4 | 9.88 | 13.05 | 39% |
| Price 15 Jan 2018 | Price Aug 27, 2018 | Price 16 Jan 2019 | ||
| Aurora Cannabis | 10.77 | 6.68 | 7 | -35% |
| Price 9 Sep 2018 | Price Aug 27, 2018 | Price 16 Jan 2019 | ||
| Charlotte's Web | 10.93 | 12.58 | 15% | |
| Price 15 Jan 2018 | Price Aug 27, 2018 | Price 16 Jan 2019 | ||
| New Age Beverage | 3.92 | 1.48 | 7.09 | 81% |
| All prices in USD | ||||
| All stocks listed in US | ||||
Some notable reference sites:
https://www.bnnbloomberg.ca/marijuana
https://www.benzinga.com/markets/cannabis/19/01/12973483/pot-stocks-etfs-top-news-and-data-from-the-cannabis-industry-this-we
https://finance.yahoo.com/u/yahoo-finance/watchlists/420_stocks
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