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Best Marijuana Stocks to Watch in 2017

Discussion in 'Investing' started by David Smith, Feb 27, 2017.

  1. David Smith

    David Smith Member

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    Marijuana
    Cannabis, also known as marijuana among several other names,a[›] is a preparation of the Cannabis plant intended for use as a psychoactive drug or medicine.The main psychoactive part of cannabis is tetrahydrocannabinol (THC); one of 483 known compounds in the plant,including at least 65 other cannabinoids.Cannabis can be used by smoking, vaporization, within food, or as an extract.

    marijuana.jpg

    Top Marijuana Stocks 2017
    AbbVie Inc. (NYSE: ABBV)
    Aurora Cannabis Inc. (ACB.CN) (OTC: ACBFF)
    Cara Therapeutics Inc. (NASDAQ: CARA)
    INSYS Therapeutics Inc. (NASDAQ: INSY)
    MassRoots Inc (OTCMKTS: MSRT)

    Shares of Cannabis Science (CBIS) have soared more than 870% since the start of October. Meanwhile, Canopy Growth's (TWMJF) increased more than 300% during the same period, transforming the company into a more than $900 million enterprise.

    However, there have also been some disappointments. Arena Pharmaceutical's (ARNA) share price is down more than 25% since October began.A large number of marijuana stocks are penny stocks that are too risky to be considered as much more than a gamble. Just a handful of companies trade on the major stock exchanges, which is important when evaluating these stocks, because liquidity is much lower on the over-the-counter exchanges.marijuana has only been legalized at the state level, the entire industry is susceptible to a downturn. Federal law still classifies cannabis as a Schedule 1 narcotic. President Obama chose not to enforce those laws to full effect. However, the newest occupant of 1600 Pennsylvania Avenue might choose to reverse that decision. This would pose a massive risk to the industry.
    http://www.profitconfidential.com/stocks/3-great-marijuana-stocks-watch-2017/
     
    #1 David Smith, Feb 27, 2017
    Last edited: Feb 27, 2017
    Anny.M likes this.
  2. paulc

    paulc New Member

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    Hopefully the states will stand their ground.. Mass amounts of Taxes are in the legalization.
     
  3. Jrich

    Jrich Well-Known Member

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    Right now our government can't even accomplish constructive goals... Trumps honey do list is backing up farther and farther with every day that passes

    i have absolute confidence that re-enforcement of ignorant prohibition laws will not find a way onto the agenda under this administration

    Durring the campaign trail, I heard Mike Pence speak a few times about the states right to individual legislation.. He didn't actually use the word marijuana , but it definitely fits into that conversation!

    And this Jeff Sessions character?... I don't know much about him, and I'm sure I don't want to... But I'd be willing to bet he's in bed with big pharma... Because nobody with a molecule of common sense could buy the regurgitated verbage that comes out of his mouth when he opens it on this subject!... Not even himself... So his verbal vomit must be spewed to push some agenda

    I've been watching CARA for a while.. I think it's building cause for a good run!... But it's not quite ripe yet
     
  4. Jonathan Wiley

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    Canopy Growth Corporation (TWMJF), MedReleaf (MEDFF), and GW Pharmaceuticals (GWPH) especially appear to have solid potential for gains. Here's why these are three top marijuana stocks to buy this fall.
     
  5. Anny.M

    Anny.M New Member

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    Thanks for sharing
     
  6. Mark22

    Mark22 Member

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    marijuana-related companies such as Canopy Growth Corp (NYSE: CGC), Aurora Cannabis Inc (NYSE: ACB), Cronos Group Inc (NASDAQ: CRON), GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH), OrganiGram Holdings Inc (NASDAQ : OGI), Green Organic Dutchman Holdings Ltd (TSE: TGOD), Curaleaf Holdings Inc (CNSX: CURA), and Tilray Inc (NASDAQ: TLRY) are trending on the stock exchanges. (2020)
     
  7. A55

    A55 Active Member

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    Update 2020

    Surplus of product. Sales well below projection. Every level of industry, production, distribution, retail... Losing money.

    Screenshot_20200802-192518.png
     

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