Let's talk cannabis stocks. Quite a few good ones to be involved in now and at some really decent prices.
A little background--Mexico legalized medical pot in 2017 and Canada legalized recreational pot in the Fall of 2018. Combine that with a growing U.S. market and you have the makings of the next new bull market. So get yourselves positioned & primed for it now. Recreational usage will be big but medical will have bigger dollars associated with them. Just for numbers sake, Florida alone has 180,000 registered medical users. There are already more sales in legal cannabis than coffee in the U.S.--$8 Billion to $5 Billion in 2017 and will rise to $22 Billion in 2022 as more states get behind it in various ways. The U.S. Safe Banking Act which is going thru legislation now will really make this jump as companies have a legal place to deposit their money and do business.
SPRWF--Supreme Cannabis--high end stuff. Stock is $1.55 today. Good one to get a lot of and hold.
KSHB--Kush Co--cannabis packaging, doing the safety thing which will be really important in states like CA--$6.03 today
CWBHF--Charlotte's Web--medical stock in the CBD market. Already has a good epilepsy drug out. I got in at $15.00 an it is now at $22.03 with a ways to go with its proprietary genetics it owns
CRLBF--Cresco Labs--just bought Origin House [ORHOF--got it at $6 & is being bought out around $10]--is a great move as it gives more sq footage, more edibles, so tons more revenue sources $11.71
CURLF--CuraLeaf--$9.59 today--now has a deal with CVS Drugstores & will be selling lotions & creams--plus bought Eureka which gives a CA footprint
TGODF--Green Organic Dutchman--$3.21--Aurora Cannabis invested in a 17.5% state. Edibles, recreational pot, 49% interest in Jamaica
ZRRRF--Ionic Brands--tough one to buy, but is at .59. Just IPO'd last week. Will be one of the premier vaping companies with concentrates & cartridges--very fast growing. I will hold this one for a while. Bought a lot this morning.
More later. Have stuff on Emerald, Elixinol, iAnthus, Plus Products, Flowr Corp, Cann Trust, Trulieve, Severn Bancorp & Organigram.