4 Top Marijuana Penny Stocks
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1. Auxly Cannabis Group (CBWTF)
A common difficulty in forecasting future price movements for top marijuana penny stocks is separating hype from reality.
While almost every sector player advertises significant upside potential, most undercapitalized firms fail to deliver the goods.
2. MPX Bioceutical (MPXEF)
A common stereotype about legal-cannabis advocates is that they have ulterior motives for their product evangelism.
Although that could be the case, one thing is undeniable: many, if not most top marijuana penny stocks focus on botany’s medicinal aspect.
3. Supreme Cannabis Company (SPRWF)
When Canada became the first G7 nation to approve recreational weed in October 2018, it actually forged the path forward for marijuana startups. As a result, the lion’s share of marijuana penny stocks is based in Canada.
A prime example is Supreme Cannabis Company (OTCMKTS:SPRWF). Supreme Cannabis, whose 7ACRES brand of medical-grade cannabis started life as a father seeking alternative therapies for his daughter.
4. Cannabis Science (CBIS)
Cannabis Science (OTCMKTS:CBIS) is easily one of the most speculative among top marijuana penny stocks. Immediately, you can tell that through either its ridiculously low share price, or its sub-$100 million market capitalization.
Another giveaway is Cannabis Science’s bold declaration to provide innovative therapies for unmet medical needs, including cancer. As the old saying goes, extraordinary claims require extraordinary evidence.
But this is also where CBIS stock becomes interesting. Management claims that cannabis use dates back thousands of years, making it one of the most tried-and-true medicines.
