5 BEST Marijuana Stocks for HIGH Returns [Ask the Bow-Tie Nation]
5 BEST Marijuana Stocks for HIGH Returns [Ask the Bow-Tie Nation]
My five favorite cannabis stocks and everything you need to know about marijuana investing. Join the Conversation in our Facebook Group https://www.facebook.com/groups/3083628104983203/
I love the conversations we have in the private Facebook group and I’m using it for our first ‘Ask the Bow-Tie Nation’. This is your opportunity to ask the community what it thinks about an investment or idea. We’re starting off with marijuana stocks this week because it’s something everyone has been asking for months.
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Honestly, I haven’t looked at cannabis stocks for about a year. The entire group was trading at such ridiculous prices for a while that I didn’t even want to touch it. There was just too much risk and not enough potential return.
But now that weed stocks have come off their high (yeah, I used a lot of puns in this video 😊) there might be an opportunity to invest. There is no doubt that marijuana companies have a long future ahead. The problem is finding the pioneers that will survive as the industry matures.
Most of these marijuana stocks are very small companies, penny stocks with a market cap less than a couple billion dollars and share prices under $10 each. Their size and a tough competitive environment mean many cannabis stocks won’t make it. That means you need to know how to analyze pot stocks and look into their financials.
I’ll first show you why the industry is such a tough one for companies and what I look for in cannabis stocks. I’ll show you how to analyze the financials and then reveal the five best marijuana stocks to watch right now.
Understand that these penny stocks are going to be extremely volatile. I’ve found some of the best stocks to buy but that doesn’t mean it’s going to be an easy ride. They will rise and fall with the news but should do very well over the long-term. That means you either need to be a short-term investor, profiting from the quick moves, or a long-term investor ready to wait out the tough markets.
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#weedstocks #marijuanastocks #cannabis
I am suffering from the boom and am patiently waiting on them to ditch for HEMP.
U.S over Canada long term. Green Thumb and Curaleaf.
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Aurora 😫
Joseph, thank you for continuing the videos. They help distract me from being so depressed about the present situation.
Hello Joseph. I am in Africa how do I buy these stocks I am a newbie.
Thanks.
We hit recession people will grow their own…no?
any thoughts on planet 13 (PLNHF)?
You should always list what you’re talking about so I can write down and look up after the vid.
APHA is the best. Just look at the financials – only company who is profitable out of main players
Zenabis global inc
I got over 500 shares of Mj. It’s like burning my money.
if anyone of ur followers decided to invest in these stocks when this video came out they doubled up easily by now triples in some cases lol, excellent choices and insight on everything. Thanks for all you do!
I think people should take a look at Canopy Rivers, a venture capital firm specializes in cannabis.
march 16th the stock was at 124. how does it say 195. on his screen shot? how long between posting the video and when it was actually created? ya have to go all the way back to the end of (Beginning) of February to get 195. for STZ
Hi Joseph, Was wondering what your thoughts are on HEMP?
Long term.
I’m bullish on aurora, they pay dividends, they got big robotic farms, they are already set internationally, 2 countries are buying big, south korea and switzerland and now entered the US market! UFC partner up and hemp has 25k products u can make it out of, if they manage to expand on that as well mass producing medicine to combat a lot of illness including corona and make food, car parts, biodiesel, etc etc. It might become the next berkshire stock lol im buying more and more lol i should also look up aphria tnx lol
I bought Aphria as I feel the combination of revenue growth and the very low price/sales ratio makes it look really attractive. I also bought innovative industrial properties as it gives me more predictable/safe entry into the cannabis market, with it being a cannabis focused REIT
ACB. thumbs ups.
I’m soaking in information from this and other videos, you’ve got a new Sub.
They finally have Weed Stocks on the platform I use.. need to have at least 5/10% invested in the Industry.
Looking for 2 Companies..
It’s a Hedge for me also they are doing well for Medicinal use.. don’t want Recreational use but guess that’s a by product.. It’s a Sin stock but if it’s regulated I think that’s better.. also future it’s a growth market.. when it’s legalized..
Can you cover CRESO PHARMA?
I still think it’s too early. We don’t have enough states with legalization, and until the federal government deschedules, there will be a complete disconnect between US cannabis company profits and public funding because of the difficulties in nationwide banking of cannabis company assets. If you invest now, you’re gonna basically be betting on the Canadian market. I don’t think this is not bad, but it’s definitely not a a good long term investment because their market is not going to be anywhere near a fraction of what the US market will be once weed is legalized nationwide. Also, even if the Canadian market does prevail long term, the current cannabis funds haven’t hit a bottom since their inception, and some of them (like MJ) aren’t completely pureplay. The only way I’ll invest in cannabis is if:
1.) Federal descheduling and legalization of recreational weed in all 50 states
2.) A cannabis fund adopts closer to a 60% stake in US companies
3.) A cannabis fund hits a bottom and goes green (pun intended) for a solid month.
And I think these conditions may not be met for another 5-10 years. Until then, I’ll sit on the sidelines.
I invested in HEXO because they just signed a contract to make THC drinks that will hit the shelves in December!
Joe,thanks to you sir I made 650 in profit; with Tonix Phar. And just question did you recommend (ITHUF) as a pot stock?
I love the humor! This made me laugh and kept my attention. Good job.
Too bad you cant invest in moms, we just want freedom from the government, we want it TRULY FREED. Not a fountain of taxes for the government like alcohol and tobacco, minimal regulation. Until that is achieved I don’t think itll be stable enough to solidly invest long term. Just my opinion. peace
I’ve always been interested in buying bonds but haven’t because of confusion. Can you make a video on how to purchase individual bonds and what to look for in purchasing bonds?
Went in on ACB @0.78 LONG its on a slow uptrend
So many of my pot stocks tanked.
NUGS. Cannabis Strategic Ventures
California Based Company
HUGE upside! Great management team!
What do you think about Planet 13?
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It’s hard to say: it’s influence by the black market and would loose due to traditional banking mainstream hassles
Tilray?
I totally agree in some few parts but that wasn’t enough clarity if you don’t mind. How’s the trend looking towards 2021 seeing there’s still a pandemic out there I hope it would affect the stocks like it did this year
I think they going to pop
What about Tilray?
I got 100 stocks of acb (auora) but im new to investing . although everything is low so i hope i make out somewhere
Good morning Mr. Hogue. I would like to start investing in stocks but have no idea how to, where to go or where to start at. Please help. Thanks in advance
PLNHF? The Nordstrom of dispensaries?
what do you think about the CBD kiosk , i seen am offer for investing?
I prefer cannabis ETFs like mj or yolo since they they contain a mix of major and minor companies along with what companies you mentioned.
I never thought water would be bought at the store. Weed will break through in US its a billion dollar industry. Politicians can easily be bought and pass laws.
I made a killing off of $CRON with the news.. then lost 50% of my earnings..
3 of these are still on my watch list, but waiting to see how things play out!
Thank you for covering this topic! 🙏
Semper Fi
Thank you so much for free info I would probably pay a fortune for!
Honestly the black market isn’t cheaper than the clubs. I know, I have bought a lot of weed from different places. What I have experienced is most people buy weed from people who buy from the weed clubs because the weed is much higher quality.
Great video. 2700%!?! Can anyone on the planet tell me why symbol FWDG- Future world (cannabis penny stock) is up 2700% (!!!!) in the last couple weeks?????? I can’t make heads or tails out of its climb and i am FreAkiNg out!!!!
They did a reverse stock split every 12 shares to 1. GET OUT OF ACB‼️‼️‼️