The marijuana industry is in the midst of a classic bubble, reminiscent of the dot.com boom (and bust) of the late 1990s. To be sure, “canna-business” represents one of the greatest investment opportunities you’ll see in your lifetime and certain marijuana stocks offer the potential for exponential gains. However, investors… Read More
Forecasts
The exploding marijuana industry is rife with indirect plays that could be safer bets on growth because they’re involved in non-cannabis niches as well. One such stock is Psychemedics (NSDQ: PMD), a drug-testing firm. Unlike many direct marijuana opportunities, this firm is generating real revenue and profits. The question is… Read More
The marijuana boom is one of the greatest investment frenzies we’ve seen since the dot.com bubble of the late 1990s. Will the “green rush” end the same way, with pain for investors? You can make a lot of money in cannabis, as long as you remain prudent in your stock… Read More
Some of the best marijuana stocks are indirect plays on the industry. If pot goes bust, these firms can still rely on other core operations. GreenGro Technologies (OTC: GRNH) is an indirect marijuana play getting investor attention these days. It’s the sort of company we call “cannabis adjacent.” These are… Read More
Medicine Man Technologies (OTC: MDCL) belongs to a fast-growing marijuana industry niche: consulting and infrastructure services. Medicine Man is not a marijuana producer. The chattering class on Wall Street is infatuated with cannabis stocks. But with Medicine Man, we must raise several caveats. Not only is this a marijuana play,… Read More
The marijuana “green rush” is one of the biggest investment opportunities you can find. But you need to be selective. In this article, we scrutinize AmeriCann (OTC: ACAN) and its prospects for 2019. AmeriCann is a penny stock that has no real revenue or earnings, and plenty of debt. As… Read More
Marijuana has come a long way from the hackneyed comedy sketches of Cheech & Chong. The escalating legalization of marijuana has given rise to cannabis dispensaries, where marijuana products are sold over the counter just like the products you can buy at your friendly neighborhood CVS. Cannabis dispensaries are local… Read More
Time for a snap quiz. Without using Google or peeking, identify the public figure who made this statement: Federal and state laws (should) be changed to no longer make it a crime to possess marijuana for private use. Cue the theme from Jeopardy. Give up? It was President… Read More
Zillow Group (NSDQ: ZG, NSDQ: Z) is the pioneer of online real estate databases. Is this hot Internet stock a smart buy in 2019 or will it cool off with the rest of the housing market? The question occurred to me lately, as I assist my millennial daughter Jennifer in… Read More
The marijuana boom is a genuine investment opportunity, but only if you separate the hype from reality. Problem is, the cannabis “green rush” is generating clouded judgment among investors, especially when it comes to penny stocks. The buzz over marijuana penny stocks reminds me of the gold-crazed miners in the… Read More