Top 3 Cannabis Stock Picks – 2023
Top 3 Cannabis Stock Picks – 2023
Make money and learn how to trade stocks and invest in the stock market with everything you need to know about the fastest growing tech, biotech & cannabis stocks & cryptocurrencies to buy & invest in 2023!
VIDEO SUMMARY 📜
Here’s 3 of the best stocks in the industry!
Tilray Brands!
The largest cannabis company in the world and economies of scale should give Tilray an advantage!
The stock is held by 16 hedgefunds which is a lot more than other cannabis stocks like Aurora & Canopy Growth!
Canopy Growth
After growing revenue by 150% over the past 3 years, sales have stalled! However, revenue growth will go crazy if the US legalises cannabis at the federal level! That’s because Canopy has numerous pending acquisitions for US based cannabis companies including Acreage, Wanna & Jetty Extracts!
Jazz
Jazz Pharmaceuticals is a global and fast-growing biopharma business at the heart of the cannabis industry!
Owned by 43 hedgefunds, Jazz is seen as the most trusted way to invest in medicinal cannabis with the industry set to grow from $8b in 2022 to $54b by 2030!
WM Technology
This leading online cannabis marketplace and ecommerce platform once traded at 30x sales but with shares falling 96% after going public during the spac bubble, the stock now trades at just 1x price-to-sales.
That said, there’s 1 large red flag to consider! It’s believed that many of the sellers on WM’s platform may indeed by unlicensed cannabis vendors. If this is true, then upcoming regulatory crackdowns and scrutiny may just take this company out completely!
Disclaimer: All trading involves risk. Only invest money that you can afford to lose and remember that past performance doesn’t guarantee future results. Everything posted by me is for educational purposes only. I am not a financial advisor and this is not financial advice.
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Buy Hexo
Acb is .69 ….you don’t know 💩
Lost all my money on this dumb ass cannabis stock BS. If they making so much money off a single plant then why does it continue to go down?
ACB …. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
you may want to include more american solid mj companies like greenthumb or even msos which includes the better mj stocks. your picks may miss the better part of the next move up. good luck
Trulieve and Greenthumb make more sense to me
Garbage pics sir
I’m going all in on tilray at 3$$$$$
Tilray has no where near the revenue of Trulieve or other us msos. Incredibly ignorant about cannabis stocks.
Patiently waiting
ACB about to run big time!