Marijuana Stocks

Marijuana Stocks – Industry financials and news (below).

EMBR
0.00
0.00 (-20.00%)
EXMT
0.00
0.00 (-4.08%)
FFRMF
0.06
-0.01 (-11.29%)
GRCU
0.00
+0.00 (+4.35%)
HPNN
0.00
0.00 (-9.09%)
ICBU
0.01
0.00 (-16.54%)
IMTV
0.00
0.00 (0.00%)
ITNS
0.00
0.00 (-10.00%)
KGET
0.00
0.00 (0.00%)
KSHB
1.23
-0.06 (-4.65%)
LVVV
0.01
0.00 (-5.91%)
MCOA
0.01
0.00 (-6.97%)
MYDX
0.00
0.00 (0.00%)
MYHI
0.03
+0.01 (+22.13%)
PURA
0.02
+0.00 (+3.53%)
RIGH
0.00
+0.00 (+25.00%)
SGDH
0.04
0.00 (0.00%)
SGMD
0.00
0.00 (-28.95%)
TGIFF
0.08
+0.00 (+1.21%)
USEI
0.00
0.00 (-19.27%)
VAPE
0.00
0.00 (0.00%)
VDRM
0.02
0.00 (-5.71%)
VTMB
0.00
0.00 (-9.09%)
WDRP
0.01
0.00 (-7.58%)
WTCG
0.51
-0.01 (-1.92%)
XSNX
0.45
-0.10 (-18.15%)
XTRM
0.01
0.00 (0.00%)
APH
67.72
-0.74 (-1.08%)
ACB
8.09
-0.82 (-9.20%)
BCC
66.22
+1.00 (+1.53%)
TRST
7.55
+0.02 (+0.27%)
TLRY
17.19
-2.57 (-13.01%)
GHG
13.04
+0.09 (+0.69%)
ISOL
0.06
0.00 (0.00%)
LEAF
9.05
+0.06 (+0.67%)
NSP
86.80
+0.34 (+0.39%)
EAT
68.11
-0.27 (-0.39%)
OGI
2.77
-0.28 (-9.18%)
TER
130.43
-2.63 (-1.98%)
THC
52.39
+0.20 (+0.38%)
SUN
32.97
+0.03 (+0.09%)
ATTBF
0.02
0.00 (-3.93%)
BLPG
0.02
+0.00 (+14.67%)
CBDS
0.83
+0.05 (+6.41%)
CGRW
0.19
+0.00 (+0.11%)
CGRA
0.01
0.00 (-5.52%)
DIGP
0.05
+0.00 (+0.20%)
EDXC
0.14
-0.01 (-3.61%)
CANN
0.87
-0.02 (-2.25%)
GRNH
0.02
0.00 (-13.95%)
GRWC
1.13
0.00 (0.00%)
HEMP
0.01
0.00 (-4.85%)
INQD
0.01
0.00 (-6.72%)
PLPL
0.00
0.00 (-12.00%)
RMHB
0.04
+0.00 (+1.53%)
SMG
250.21
+1.22 (+0.49%)
SRNA
0.07
0.00 (-4.23%)
TRTC
0.28
0.00 (-1.75%)
TURV
0.23
-0.01 (-6.08%)
ADC
67.66
-0.23 (-0.34%)
ANAS
0.07
+0.00 (+5.36%)
ERBB
0.01
0.00 (-5.17%)
ARNA
64.76
-1.53 (-2.31%)
CNBX
0.25
0.00 (0.00%)
CBCA
0.15
0.00 (0.00%)
FITX
0.00
0.00 (-25.00%)
CVSI
0.49
-0.01 (-2.30%)
DEWM
0.00
0.00 (-10.00%)
DSCR
0.01
+0.00 (+32.94%)
EAPH
0.00
+0.00 (+17.65%)
GERS
0.14
-0.01 (-6.67%)
GBLX
0.05
0.00 (-7.39%)
PHOT
0.16
+0.00 (+0.43%)
LATF
0.00
+0.00 (+11.11%)
MDCN
0.00
+0.00 (+26.32%)
MJNA
0.05
0.00 (-8.18%)
MNTR
0.16
+0.00 (+0.38%)
NCAP
0.00
+0.00 (+300.00%)
NGBL
0.00
+0.00 (+20.00%)
NDEV
0.08
0.00 (-3.72%)
PUGE
0.00
0.00 (-6.90%)
SIPC
0.01
0.00 (-5.33%)
STEV
0.00
0.00 (-4.00%)
VPOR
0.00
+0.00 (+11.11%)
VAPR
0.02
0.00 (-6.15%)
ALGWF
0.00
0.00 (0.00%)
BLOZF
1.15
-0.02 (-1.67%)
CGC
27.64
-1.35 (-4.66%)
CRON
8.17
-0.71 (-8.00%)
EMHTF
0.21
-0.02 (-9.27%)
FUAPF
0.18
0.00 (-0.27%)
GLDFF
0.05
+0.00 (+0.57%)
HRVOF
0.09
-0.01 (-7.86%)
ITHUF
0.23
-0.01 (-3.89%)
LTTSF
0.12
-0.01 (-6.93%)
MMJFF
0.04
0.00 (-9.43%)
MYMMF
0.12
+0.00 (+1.59%)
AGFAF
0.03
0.00 (-0.34%)
RDDTF
0.08
0.00 (-4.47%)
SOLCF
3.75
-0.09 (-2.34%)
SPRWF
0.31
-0.01 (-3.00%)
TBPMF
0.14
0.00 (-2.65%)
TNYBF
0.31
0.00 (-0.29%)
VRTHF
0.11
0.00 (0.00%)
VDQSF
0.08
0.00 (0.00%)
WDDMF
0.25
-0.01 (-4.76%)
CARA
28.36
-0.83 (-2.84%)
GWPRF
18.14
+0.97 (+5.65%)
VPRB
0.06
+0.00 (+3.45%)
ZYNE
4.06
-0.22 (-5.14%)
OPMZ
0.00
0.00 (0.00%)
XXII
3.48
-0.13 (-3.60%)
FTPM
0.00
+0.00 (+11.11%)
ABBV
108.25
+0.71 (+0.66%)
ACCA
0.02
0.00 (-5.00%)
RSSFF
0.04
+0.00 (+12.18%)
AGTK
0.02
+0.00 (+11.11%)
AMMJ
0.20
-0.03 (-11.75%)
ACAN
1.30
+0.09 (+7.44%)
APPB
0.06
-0.19 (-76.00%)
ASBFY
33.82
-0.29 (-0.85%)
AXIM
0.65
0.00 (-0.75%)
BE
24.11
-0.73 (-2.94%)
CPMD
0.24
0.00 (-0.62%)
CLSH
0.22
0.00 (0.00%)
CODI
25.36
+0.41 (+1.64%)
CRBP
1.75
-0.09 (-4.89%)
DPWW
0.05
-0.01 (-9.01%)
ETST
0.03
0.00 (-12.02%)
SEED
15.45
-1.18 (-7.10%)
FUTL
0.00
0.00 (-11.11%)
GBHPF
0.04
0.00 (-8.45%)
GRSO
0.00
0.00 (-14.29%)
GRWG
52.35
-1.67 (-3.09%)
GWPH
217.77
-0.16 (-0.07%)
HLSPY
0.51
-0.05 (-8.27%)
HMPQ
0.01
0.00 (-1.89%)
IGC
1.62
-0.09 (-5.26%)
IIPR
191.11
+2.12 (+1.12%)
NTEC
4.04
-0.22 (-5.16%)
GENE
4.21
-0.36 (-7.88%)
KAYS
0.44
+0.00 (+1.11%)
LBUY
0.15
0.00 (-2.84%)
MGWFF
0.06
+0.00 (+4.36%)
MRMD
0.71
-0.02 (-2.08%)
MBII
1.82
-0.05 (-2.67%)
MSRT
0.02
0.00 (-1.79%)
MJNE
0.56
+0.05 (+8.82%)
MPX
16.76
+0.31 (+1.88%)
NSPDF
0.05
0.00 (-3.78%)
NTRR
0.01
0.00 (0.00%)
USMJ
0.00
0.00 (-6.67%)
NUVG
0.06
-0.01 (-14.29%)
OWCP
0.01
0.00 (-13.13%)
VIDA
0.00
0.00 (0.00%)
PNPL
0.50
0.00 (0.00%)
PRRE
0.08
+0.01 (+13.60%)
PMD
6.93
-0.14 (-1.98%)
RSPI
0.04
+0.00 (+5.21%)
WDLF
0.01
0.00 (-8.02%)
VFF
11.53
-1.28 (-9.99%)
ZDPY
0.63
-0.02 (-3.06%)
APHA
13.95
-2.33 (-14.31%)
ACNNF
0.10
+0.00 (+0.10%)
SARSF
0.03
0.00 (0.00%)
CRXPF
0.06
-0.01 (-8.37%)
ELLXF
0.15
0.00 (0.00%)
6924.T
1,534.00
+18.00 (+1.19%)
YCBD
3.67
-0.18 (-4.68%)
NXTTF
0.21
-0.01 (-4.02%)
NRXCF
0.14
0.00 (0.00%)
SPLIF
0.02
0.00 (-2.45%)
RVVTF
0.40
-0.01 (-1.28%)
Last updated: April 13, 2021 @ 10:50:14
Symbol Company Last
Price
Change % Chg Volume Market Cap
EMBR PNK
Embarr Downs, Inc.
0.00 0.00 -20.00% 76,000 4,299
EXMT PNK
Anything Technologies Media, Inc.
Telecom Services
0.00 0.00 -4.08% 8,292,999 178,153
FFRMF PNK
Future Farm Technologies Inc.
Farm Products
0.06 -0.01 -11.29% 180,421 9,394,715
GRCU PNK
Green Cures & Botanical Distribution Inc.
Drug Manufacturers - Specialty & Generic
0.00 +0.00 +4.35% 6,700,807 5,064,768
HPNN PNK
Hop-On Inc.
Communication Equipment
0.00 0.00 -9.09% 37,747,216 27,557,786
ICBU PNK
iMD Companies, Inc.
0.01 0.00 -16.54% 66,152,914 601,211
IMTV PNK
Imagination TV, Inc.
0.00 0.00 0.00% 2,784,999 1,221
ITNS PNK
Itonis, Inc.
0.00 0.00 -10.00% 1,648,366 224,874
KGET PNK
CaliPharms, Inc.
0.00 0.00 0.00% 42,781,213 802,594
KSHB PNK
KushCo Holdings, Inc.
Packaging & Containers
1.23 -0.06 -4.65% 726,614 170,463,248
LVVV PNK
Livewire Ergogenics, Inc.
Drug Manufacturers - Specialty & Generic
0.01 0.00 -5.91% 7,311,866 13,128,147
MCOA PNK
Marijuana Company of America, Inc.
0.01 0.00 -6.97% 46,263,866 15,779,263
MYDX PNK
MyDx, Inc.
0.00 0.00 0.00% 123,065,124 2,950,630
MYHI PNK
Mountain High Acquisitions Corp.
Drug Manufacturers - Specialty & Generic
0.03 +0.01 +22.13% 790,987 10,992,445
PURA PNK
Puration, Inc.
Pollution & Treatment Controls
0.02 +0.00 +3.53% 5,815,896 17,024,942
RIGH PNK
Bud Genius, Inc.
0.00 +0.00 +25.00% 21,665,433 158,565
SGDH PNK
SGD Holdings, Ltd.
0.04 0.00 0.00% 23,700 34,202,028
SGMD PNK
Sugarmade, Inc.
0.00 0.00 -28.95% 211,209,129 11,170,143
TGIFF PNK
1933 Industries Inc.
Drug Manufacturers - Specialty & Generic
0.08 +0.00 +1.21% 237,945 26,419,984
USEI PNK
U.S. Energy Initiatives Corporation Inc.
0.00 0.00 -19.27% 275,713,024 239,965
VAPE PNK
Vape Holdings, Inc.
0.00 0.00 0.00% 176,433 1,000,000
VDRM PNK
ViaDerma, Inc.
0.02 0.00 -5.71% 10,762,448 83,766
VTMB PNK
Vitamin Blue, Inc.
Leisure
0.00 0.00 -9.09% 50,000 470,043
WDRP PNK
Wanderport Corporation
Food Distribution
0.01 0.00 -7.58% 678,082 20,666
WTCG PNK
W Technologies, Inc.
0.51 -0.01 -1.92% 35,863 1,711,060
XSNX PNK
NovAccess Global Inc.
0.45 -0.10 -18.15% 115 5,735,496
XTRM PNK
Extreme Biodiesel, Inc.
0.01 0.00 0.00% 1,668,231 652,279
APH NYQ
Amphenol Corporation
Electronic Components
67.72 -0.74 -1.08% 3,053,347 40,588,455,936
ACB NYQ
Aurora Cannabis Inc.
Drug Manufacturers - Specialty & Generic
8.09 -0.82 -9.20% 11,274,936 1,595,234,816
BCC NYQ
Boise Cascade Company
Lumber & Wood Production
66.22 +1.00 +1.53% 323,296 2,604,452,608
TRST NMS
TrustCo Bank Corp NY
Banks - Regional - US
7.55 +0.02 +0.27% 150,563 728,133,376
TLRY NMS
Tilray, Inc.
Drug Manufacturers - Specialty & Generic
17.19 -2.57 -13.01% 27,251,661 2,952,520,192
GHG NYQ
GreenTree Hospitality Group Ltd.
Lodging
13.04 +0.09 +0.69% 9,458 1,332,414,208
ISOL PNK
1mage Software, Inc.
Software - Application
0.06 0.00 0.00% 1,000 165,128
LEAF NYQ
Leaf Group Ltd.
Internet Content & Information
9.05 +0.06 +0.67% 827,322 325,770,144
NSP NYQ
Insperity, Inc.
Staffing & Outsourcing Services
86.80 +0.34 +0.39% 121,627 3,316,862,464
EAT NYQ
Brinker International, Inc.
Restaurants
68.11 -0.27 -0.39% 745,846 3,096,287,488
OGI NMS
OrganiGram Holdings Inc.
Drug Manufacturers - Specialty & Generic
2.77 -0.28 -9.18% 17,621,166 823,379,712
TER NMS
Teradyne, Inc.
Semiconductor Equipment & Materials
130.43 -2.63 -1.98% 1,612,237 21,725,071,360
THC NYQ
Tenet Healthcare Corporation
Medical Care
52.39 +0.20 +0.38% 663,363 5,578,015,744
SUN NYQ
Sunoco LP
Oil & Gas Refining & Marketing
32.97 +0.03 +0.09% 207,715 3,288,905,728
ATTBF PNK
Abattis Bioceuticals Corp.
Drug Manufacturers - Specialty & Generic
0.02 0.00 -3.93% 342,421 10,511,688
BLPG PNK
Blue Line Protection Group, Inc.
Security & Protection Services
0.02 +0.00 +14.67% 20,420,152 176,806
CBDS PNK
Cannabis Sativa, Inc.
Drug Manufacturers - Specialty & Generic
0.83 +0.05 +6.41% 88,289 22,532,424
CGRW PNK
CannaGrow Holdings, Inc
Business Services
0.19 +0.00 +0.11% 15,649 19,242,060
CGRA PNK
CGrowth Capital, Inc.
Oil & Gas E&P
0.01 0.00 -5.52% 380,200 66,752
DIGP PNK
DigiPath, Inc.
0.05 +0.00 +0.20% 22,019 3,203,270
EDXC PNK
CBD Unlimited, Inc.
Drug Manufacturers - Specialty & Generic
0.14 -0.01 -3.61% 480,993 30,840,486
CANN PNK
General Cannabis Corp
Security & Protection Services
0.87 -0.02 -2.25% 128,166 54,067,456
GRNH PNK
GreenGro Technologies, Inc.
Industrial Distribution
0.02 0.00 -13.95% 7,035,623 10,835,080
GRWC PNK
Grow Capital, Inc.
1.13 0.00 0.00% 2,111 28,049,990
HEMP PNK
Hemp, Inc
Farm Products
0.01 0.00 -4.85% 51,466,168 29,557,880
INQD PNK
Indoor Harvest Corp.
0.01 0.00 -6.72% 14,275,722 20,764,548
PLPL PNK
Plandaí Biotechnology, Inc.
Biotechnology
0.00 0.00 -12.00% 136,991,627 236,874
RMHB PNK
Rocky Mountain High Brands, Inc.
0.04 +0.00 +1.53% 37,815 11,545,860
SMG NYQ
The Scotts Miracle-Gro Company
Agricultural Inputs
250.21 +1.22 +0.49% 295,638 13,937,473,536
SRNA PNK
Surna Inc.
Farm & Construction Equipment
0.07 0.00 -4.23% 554,451 16,083,837
TRTC PNK
Terra Tech Corp.
Farm & Construction Equipment
0.28 0.00 -1.75% 763,536 64,891,120
TURV PNK
Two Rivers Water & Farming Company
Farm & Construction Equipment
0.23 -0.01 -6.08% 193,313 20,052,112
ADC NYQ
Agree Realty Corporation
REIT - Retail
67.66 -0.23 -0.34% 364,892 4,301,349,376
ANAS PNK
Alternaturals, Inc.
Drug Manufacturers - Specialty & Generic
0.07 +0.00 +5.36% 74,784 1,616,453
ERBB PNK
American Green, Inc.
Drug Manufacturers - Specialty & Generic
0.01 0.00 -5.17% 10,361,751 245,340,144
ARNA NMS
Arena Pharmaceuticals, Inc.
Biotechnology
64.76 -1.53 -2.31% 364,290 3,907,268,864
CNBX PNK
Cannabics Pharmaceuticals Inc.
Biotechnology
0.25 0.00 0.00% 206,433 33,809,500
CBCA PNK
Crown Baus Capital Corp.
Conglomerates
0.15 0.00 0.00% 200 60,291,004
FITX PNK
Creative Edge Nutrition, Inc.
Drug Manufacturers - Specialty & Generic
0.00 0.00 -25.00% 2,545,382 426,375
CVSI PNK
CV Sciences, Inc.
Drug Manufacturers - Specialty & Generic
0.49 -0.01 -2.30% 274,541 52,077,032
DEWM PNK
Dewmar International BMC, Inc.
Marketing Services
0.00 0.00 -10.00% 3,719,604 1,538,243
DSCR PNK
Discovery Minerals Ltd.
Industrial Metals & Minerals
0.01 +0.00 +32.94% 345,979,771 56,352,088
EAPH PNK
Easton Pharmaceuticals Inc.
Drug Manufacturers - Specialty & Generic
0.00 +0.00 +17.65% 1,587,043 135,882
GERS PNK
GreenShift Corporation
Waste Management
0.14 -0.01 -6.67% 4,000 72,559,200
GBLX PNK
GB Sciences, Inc.
Biotechnology
0.05 0.00 -7.39% 375,827 15,996,894
PHOT PNK
GrowLife, Inc.
Industrial Distribution
0.16 +0.00 +0.43% 99,674 7,355,749
LATF PNK
Latteno Food Corp.
Packaged Foods
0.00 +0.00 +11.11% 40,383,732 2,065,130
MDCN PNK
Medican Enterprises, Inc.
Drug Manufacturers - Specialty & Generic
0.00 +0.00 +26.32% 543,056,776 13,479
MJNA PNK
Medical Marijuana, Inc.
0.05 0.00 -8.18% 17,708,095 56,487,788
MNTR PNK
Mentor Capital, Inc.
Capital Markets
0.16 +0.00 +0.38% 38,617 3,642,432
NCAP PNK
Northsight Capital, Inc.
0.00 +0.00 +300.00% 2,000 59,502
NGBL PNK
Notis Global, Inc.
Drug Manufacturers - Specialty & Generic
0.00 +0.00 +20.00% 27,118,840 3,000,000
NDEV PNK
Novus Acquisition & Development Corp.
Insurance - Diversified
0.08 0.00 -3.72% 12,027 8,219,702
PUGE PNK
Puget Technologies, Inc.
0.00 0.00 -6.90% 27,229,894 12,813,471
SIPC PNK
Sipp Industries, Inc.
Business Services
0.01 0.00 -5.33% 1,451,772 759,227
STEV PNK
Stevia Corp.
Farm Products
0.00 0.00 -4.00% 1,079,653 4,004,434
VPOR PNK
Vapor Group, Inc.
Tobacco
0.00 +0.00 +11.11% 85,954,256 3,551,650
VAPR PNK
VaporBrands International, Inc.
Tobacco
0.02 0.00 -6.15% 719,670 0
ALGWF PNK
Alliance Growers Corp.
Drug Manufacturers - Specialty & Generic
0.00 0.00 0.00% 1,500 13,124
BLOZF PNK
Cannabix Technologies Inc.
Medical Devices
1.15 -0.02 -1.67% 145,802 129,544,032
CGC NMS
Canopy Growth Corporation
Drug Manufacturers - Specialty & Generic
27.64 -1.35 -4.66% 3,371,964 10,528,545,792
CRON NMS
Cronos Group Inc.
Drug Manufacturers - Specialty & Generic
8.17 -0.71 -8.00% 3,788,367 2,930,865,152
EMHTF PNK
Emerald Health Therapeutics, Inc.
Drug Manufacturers - Specialty & Generic
0.21 -0.02 -9.27% 226,704 42,936,984
FUAPF PNK
Global Cannabis Applications Corp.
Health Information Services
0.18 0.00 -0.27% 134,143 30,364,634
GLDFF PNK
Golden Leaf Holdings Ltd.
Drug Manufacturers - Specialty & Generic
0.05 +0.00 +0.57% 1,333,748 45,943,428
HRVOF PNK
Harvest One Cannabis Inc.
Drug Manufacturers - Specialty & Generic
0.09 -0.01 -7.86% 54,156 23,150,398
ITHUF PNK
iAnthus Capital Holdings, Inc.
Drug Manufacturers - Specialty & Generic
0.23 -0.01 -3.89% 494,754 39,406,364
LTTSF PNK
Lotus Ventures Inc.
Conglomerates
0.12 -0.01 -6.93% 1,000 10,329,589
MMJFF PNK
Matica Enterprises Inc.
Drug Manufacturers - Specialty & Generic
0.04 0.00 -9.43% 2,699 10,334,834
MYMMF PNK
MYM Nutraceuticals Inc.
Biotechnology
0.12 +0.00 +1.59% 404,941 27,431,294
AGFAF PNK
AgraFlora Organics International Inc.
Drug Manufacturers - Specialty & Generic
0.03 0.00 -0.34% 2,750,387 41,385,900
RDDTF PNK
Radient Technologies Inc.
Pollution & Treatment Controls
0.08 0.00 -4.47% 29,187 32,302,384
SOLCF PNK
SOL Global Investments Corp.
Drug Manufacturers - Specialty & Generic
3.75 -0.09 -2.34% 151,768 206,836,496
SPRWF PNK
The Supreme Cannabis Company, Inc.
Drug Manufacturers - Specialty & Generic
0.31 -0.01 -3.00% 4,164,200 226,869,472
TBPMF PNK
Tetra Bio-Pharma Inc.
Biotechnology
0.14 0.00 -2.65% 277,869 52,771,656
TNYBF PNK
The Tinley Beverage Company Inc.
Beverages - Wineries & Distilleries
0.31 0.00 -0.29% 33,021 35,776,388
VRTHF PNK
Veritas Pharma Inc.
Drug Manufacturers - Specialty & Generic
0.11 0.00 0.00% 4,060 1,761,433
VDQSF PNK
Gnomestar Craft Inc.
Industrial Distribution
0.08 0.00 0.00% 10 5,093,196
WDDMF PNK
WeedMD Inc.
Drug Manufacturers - Specialty & Generic
0.25 -0.01 -4.76% 214,070 60,757,040
CARA NMS
Cara Therapeutics, Inc.
Biotechnology
28.36 -0.83 -2.84% 1,107,665 1,455,903,232
GWPRF PNK
GW Pharmaceuticals plc
Drug Manufacturers - Major
18.14 +0.97 +5.65% 1,387 6,864,303,104
VPRB PNK
VPR Brands, LP
Tobacco
0.06 +0.00 +3.45% 52,935 5,259,396
ZYNE NMS
Zynerba Pharmaceuticals, Inc.
Biotechnology
4.06 -0.22 -5.14% 1,688,906 167,481,088
OPMZ PNK
1PM Industries, Inc.
0.00 0.00 0.00% 21,783,134 112,682
XXII ASE
22nd Century Group, Inc.
Biotechnology
3.48 -0.13 -3.60% 1,541,435 530,345,056
FTPM PNK
420 Property Management, Inc.
0.00 +0.00 +11.11% 1,386,333 495,556
ABBV NYQ
AbbVie Inc.
108.25 +0.71 +0.66% 5,508,875 191,042,846,720
ACCA PNK
Acacia Diversified Holdings, Inc.
0.02 0.00 -5.00% 199,064 1,031,382
RSSFF PNK
Affinor Growers Inc.
Farm Products
0.04 +0.00 +12.18% 16,305 8,139,297
AGTK PNK
Agritek Holdings, Inc.
0.02 +0.00 +11.11% 150,776 1,277,298
AMMJ PNK
American Cannabis Company, Inc.
0.20 -0.03 -11.75% 378,703 14,834,673
ACAN PNK
AmeriCann, Inc.
1.30 +0.09 +7.44% 43,033 30,805,188
APPB PNK
Applied Biosciences Corp.
Drug Manufacturers - Specialty & Generic
0.06 -0.19 -76.00% 2,767 846,060
ASBFY PNK
Associated British Foods plc
Packaged Foods
33.82 -0.29 -0.85% 4,274 26,776,373,248
AXIM PNK
AXIM Biotechnologies, Inc.
0.65 0.00 -0.75% 74,829 80,752,064
BE NYQ
Bloom Energy Corporation
Utilities - Independent Power Producers
24.11 -0.73 -2.94% 1,892,132 4,145,401,088
CPMD PNK
CannaPharmaRX, Inc.
Conglomerates
0.24 0.00 -0.62% 44,019 10,237,056
CLSH PNK
CLS Holdings USA, Inc.
0.22 0.00 0.00% 225,108 27,845,620
CODI NYQ
Compass Diversified
25.36 +0.41 +1.64% 149,115 1,645,864,064
CRBP NMS
Corbus Pharmaceuticals Holdings, Inc.
Biotechnology
1.75 -0.09 -4.89% 2,966,020 218,807,744
DPWW PNK
Diego Pellicer Worldwide, Inc.
0.05 -0.01 -9.01% 1,045,929 10,120,032
ETST PNK
Earth Science Tech, Inc.
0.03 0.00 -12.02% 194,146 1,461,990
SEED NMS
Origin Agritech Limited
Agricultural Inputs
15.45 -1.18 -7.10% 63,719 87,849,784
FUTL PNK
FutureLand, Corp.
Real Estate Services
0.00 0.00 -11.11% 99,128,603 5,373,007
GBHPF PNK
Global Hemp Group Inc.
Agricultural Inputs
0.04 0.00 -8.45% 206,310 10,698,180
GRSO PNK
Grow Solutions Holdings, Inc.
0.00 0.00 -14.29% 49,818,786 435,417
GRWG NMS
GrowGeneration Corp.
Industrial Distribution
52.35 -1.67 -3.09% 2,520,773 3,060,365,312
GWPH NMS
GW Pharmaceuticals plc
Drug Manufacturers - Major
217.77 -0.16 -0.07% 182,609 6,864,306,688
HLSPY PNK
Heliospectra AB (publ)
Electronic Components
0.51 -0.05 -8.27% 4,153 39,079,972
HMPQ PNK
HempAmericana, Inc
0.01 0.00 -1.89% 5,446,269 254,850
IGC ASE
India Globalization Capital, Inc.
1.62 -0.09 -5.26% 1,109,703 73,493,408
IIPR NYQ
Innovative Industrial Properties, Inc.
191.11 +2.12 +1.12% 135,372 4,572,555,264
NTEC NMS
Intec Pharma Ltd
Biotechnology
4.04 -0.22 -5.16% 217,784 18,190,424
GENE NMS
Genetic Technologies Limited
Diagnostics & Research
4.21 -0.36 -7.88% 1,136,919 60,406,344
KAYS PNK
Kaya Holdings, Inc.
0.44 +0.00 +1.11% 17,103 6,327,684
LBUY PNK
Leafbuyer Technologies, Inc.
0.15 0.00 -2.84% 99,197 13,642,402
MGWFF PNK
Maple Leaf Green World Inc.
0.06 +0.00 +4.36% 183,661 8,989,583
MRMD PNK
MariMed Inc.
Biotechnology
0.71 -0.02 -2.08% 1,227,689 229,776,416
MBII NMS
Marrone Bio Innovations, Inc.
1.82 -0.05 -2.67% 128,849 315,739,072
MSRT PNK
MassRoots, Inc.
0.02 0.00 -1.79% 856,992 10,861,972
MJNE PNK
MJ Holdings, Inc.
0.56 +0.05 +8.82% 44,124 34,992,916
MPX NYQ
Marine Products Corporation
Recreational Vehicles
16.76 +0.31 +1.88% 19,112 569,737,792
NSPDF PNK
Naturally Splendid Enterprises Ltd.
Biotechnology
0.05 0.00 -3.78% 2,000 10,014,857
NTRR PNK
Neutra Corp.
Biotechnology
0.01 0.00 0.00% 4,375,258 8,024,706
USMJ PNK
North American Cannabis Holdings, Inc.
Drug Manufacturers - Specialty & Generic
0.00 0.00 -6.67% 171,840,003 32,029,060
NUVG PNK
Nuvus Gro Corp.
Scientific & Technical Instruments
0.06 -0.01 -14.29% 3,800 3,342,246
OWCP PNK
OWC Pharmaceutical Research Corp.
Drug Manufacturers - Specialty & Generic
0.01 0.00 -13.13% 5,506,021 4,970,005
VIDA PNK
Vidaroo Corp
Pay TV
0.00 0.00 0.00% 46,600 60,710
PNPL PNK
Pineapple, Inc.
Business Services
0.50 0.00 0.00% 50 47,563,700
PRRE PNK
Praetorian Property, Inc.
0.08 +0.01 +13.60% 360 143,527,952
PMD NMS
Psychemedics Corporation
Diagnostics & Research
6.93 -0.14 -1.98% 23,694 38,367,876
RSPI PNK
RespireRx Pharmaceuticals Inc.
Biotechnology
0.04 +0.00 +5.21% 279,858 2,479,292
WDLF PNK
Social Life Network, Inc.
0.01 0.00 -8.02% 142,159,962 110,794,168
VFF NMS
Village Farms International, Inc.
Farm Products
11.53 -1.28 -9.99% 1,891,157 913,468,864
ZDPY PNK
Zoned Properties, Inc.
0.63 -0.02 -3.06% 7,967 7,650,359
APHA NMS
Aphria Inc.
Drug Manufacturers - Specialty & Generic
13.95 -2.33 -14.31% 26,887,357 4,398,811,648
ACNNF PNK
AusCann Group Holdings Ltd
Drug Manufacturers - Specialty & Generic
0.10 +0.00 +0.10% 26,000 32,797,872
SARSF PNK
Canada House Wellness Group Inc.
Industrial Distribution
0.03 0.00 0.00% 242,540 6,451,709
CRXPF PNK
Vert Infrastructure Ltd.
Real Estate Services
0.06 -0.01 -8.37% 4,550 677,646
ELLXF PNK
Elixinol Global Limited
Drug Manufacturers - Specialty & Generic
0.15 0.00 0.00% 75,960 43,360,220
6924.T JPX
Iwasaki Electric Co., Ltd.
1,534.00 +18.00 +1.19% 4,400 11,638,887,424
YCBD ASE
cbdMD, Inc.
3.67 -0.18 -4.68% 304,364 204,182,656
NXTTF PNK
Namaste Technologies Inc.
Specialty Retail
0.21 -0.01 -4.02% 619,417 86,861,360
NRXCF PNK
NeutriSci International Inc.
Drug Manufacturers - Specialty & Generic
0.14 0.00 0.00% 10,520 23,055,692
SPLIF PNK
Nutritional High International Inc.
Drug Manufacturers - Specialty & Generic
0.02 0.00 -2.45% 1,022,776 15,704,209
RVVTF PNK
Revive Therapeutics Ltd.
Biotechnology
0.40 -0.01 -1.28% 1,093,358 103,868,840
Last updated: April 13, 2021 @ 10:50:14

Market News - April 13, 2021

More States Consider Legalizing Recreational Use of Marijuana. Pot Stocks Are Gaining.

More than a dozen states could consider recreational pot legalization this year, as New Jersey and Virginia move forward.

Hot ETF Stories This Year: #2 Marijuana

Marijuana ETFs are burning up the performance charts.

Past marijuana use won't automatically disqualify Biden's White House staff: report

President Joe Biden's administration is issuing new guidelines Friday meant to address a hurdle tied to recreational marijuana that it faced as it aims to quickly fill key White House positions, said an NBC News report citing unnamed officials. The White House on a case-by-case basis will waive a requirement that potential appointees be eligible for a "Top Secret" clearance, and the waiver only would be granted to those who have used marijuana to a limited degree and who are in positions that don't ultimately require a security clearance, the report said.

This Marijuana Stock Is Now ‘Too Expensive,’ Analyst Says

Jefferies' Owen Bennett lowered his rating on Canopy Growth to Underperform from Hold, though he upped his price target to $23.03 from $21.10.

4 Top Stock Trades for Tuesday: MJ, NWL, CIIC, BNGO

We’re getting a very tight trading range this week, with the S&P 500 keeping the damage limited but also not allowing much upside traction. Will stocks resolve higher or lower in the upcoming holiday-shortened week? We’ll know soon enough. With all of that in mind, let’s look at some top stock trades in the meantime. Top Stock Trades for Tuesday No. 1: MJ ETF (MJ) Click to EnlargeSource: Chart courtesy of TrendSpider The cannabis trade has been volatile this week, with major gains and major losses taking place. That has created a bumpy ride for the ETFMG Alternative Harvest ETF (NYSEARCA:MJ). For several days, it looked like the ETF was going to hold up over the 200-week and 10-day moving averages. However, it’s struggling to hold above those marks now, as well as the 161.8% extension.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A move back above the 161.8% could open the door back to $30-plus. Above the current high, and the 261.8% extension is possible up near $36. 7 Must-Own Stocks in February If the MJ ETF moves below Friday’s low, a dip to $20 is possible — with the 10-week and 50-day moving averages in play below that. Top Stock Trades for Tuesday No. 2: Newell Brands (NWL) Click to EnlargeSource: Chart courtesy of TrendSpider Newell Brands (NASDAQ:NWL) isn’t trading well on earnings, down almost more than 7% on Friday. The stock made a very clear attempt to reclaim the 200-week moving average, but failed to do so. That leaves it vulnerable to lower prices, in my opinion. If shares take out Friday’s low, look for a test of the 10-week and 50-day moving averages. If that fails, a longer-term dip to the 21-week moving average and $21 level could be in order. On the upside, however, look for NWL to reclaim the 200-week moving average, followed by a gap-fill up toward $26. Above puts the recent high near $27 in play, followed by a possible move to the 161.8% extension. Top Stock Trades for Tuesday No. 3: CIIC Merger (CIIC) Click to EnlargeSource: Chart courtesy of TrendSpider CIIC Merger (NASDAQ:CIIC) has been an interesting one lately, as shares consolidate in a tight range. We’re getting multiple inside days in row, as the 50-day moving average and downtrend resistance (blue line) continue to keep a lid on CIIC stock. A move over these marks puts $30 resistance in play. If CIIC stock can clear $30, it could put the 61.8% retracement of the current range on the table, up near $32.50. Above opens the door to a retest of the highs near $37. The Top 4 Stocks to Buy to Play Space Race 2.0 On the downside, though, a break of the 10-week moving average could put the $25 to $25.50 area in play. Top Trades for Tuesday No. 4: Bionano Genomics (BNGO) Click to EnlargeSource: Chart courtesy of TrendSpider Bionano Genomics (NASDAQ:BNGO) is ripping higher on Friday, finishing 17% higher on the day. The move thrust shares over $12.50 resistance and at least temporarily sent the stock to new highs. Learn to spot these types of patterns. The stock has been strong for several months, then gave us a sharp pull to the 10-day moving average — the first setup we like for a bounce. We got the initial bounce, but it was followed mostly by sideways consolidation, which is just fine. Traders could have played the bounce and bailed during consolidation if they so chose. However, the stock continued to ride the 10-day moving average, which shows that bulls are engaged and accumulating on the dip. When the stock went weekly-up over $12.70, traders were looking for a move back toward the $13.85 high. A few traders surely booked some profit into that zone. If they kept a partial position, they’re likely looking for a move up toward $15 and potentially up to the 161.8% extension near $16.50. On the date of publication, Bret Kenwell did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post 4 Top Stock Trades for Tuesday: MJ, NWL, CIIC, BNGO appeared first on InvestorPlace.

The stock market seems to be a random number generator

What are stocks, especially small-cap stocks, worth these days? No one knows. Which is why discipline will soon return to the market, says Cody Willard.

Aurora Cannabis Stock Is Dropping Again. Blame Earnings, Not Reddit.

The Canadian pot grower reported a bigger net loss than analysts had expected, while sales fell short.

Why stock market is on a ‘highway to the danger zone,’ according to CNBC’s Cramer

Jim Cramer, host of CNBC's “Mad Money,” on his show on Wednesday described markets as on uncertain footing to say the least.

Stock Market Today: Market Simmers, But Marijuana Stocks Blaze On

The major indices finished with mixed results on Tuesday as the stimulus picture starts to crystalize. Cannabis-related stocks were another story.

Here are analysts’ favorite marijuana stocks, which they expect to rise as much as 82% in the next year

Marijuana stocks have surged this year as investors anticipate wider acceptance of legal distribution of recreational products in the U.S. Your best way to ride this wave may be through exchange traded funds. Recent coverage includes efforts by Senate Majority Leader Chuck Schumer to introduce legislation for the federal legalization of marijuana and New York Gov. Andrew Cuomo’s drive toward legalization in his state.

13 Best Hemp Stocks to Buy Now

In this article, we will discuss the 13 best hemp stocks to buy now. If you’re in a hurry, click to skip ahead to the 5 Best Hemp Stocks to Buy Now. Weedmaps define Hemp as “A dioecious plant, which means it can be separated into male and female plants. These plants have served a […]

Stock Market Today: Big Energy, Clean Energy Keep Stocks Aloft

Oil settled near one-year highs Wednesday and clean energy received more attention too, helping to keep most of the major indices rolling.

Tilray's stock surges after being selected to supply cannabis to France's ANSM for experimentation

Shares of Tilray Inc. surged 3.6% in premarket trading Tuesday, after the Canada-based cannabis company said it has been selected by France's National Agency for the Safety of Medicines and Health Products (ANSM) to provide medical cannabis products for experimentation. Tilray said it will supply the medical cannabis, starting in the first quarter of 2021, for the duration of the French experiment, which is expected to last for 18 to 24 months. The cannabis will be exported to France from Tilray's facility in Portugal. "Today's announcement marks another milestone for Tilray as we expand operations in Europe," said Tilray Chief Executive Brendan Kennedy. "We are proud to be able to offer access to a variety of high-quality, pharmaceutical-grade medical cannabis products to the ANSM while supporting patients in need in France." Tilray's stock has soared 193.3% over the past three months through Monday, while the ETFMG Alternative Harvest ETF has rallied 68.5% and the S&P 500 has gained 13.4%.

Aphria's stock soars after reporting surprise profit, giving a boost to merger partner Tilray

The U.S.-listed shares of Aphria Inc. shot up 17% in midday trading Thursday toward a more-than two-year high, after the Canada-based cannabis company reported a surprise fiscal second-quarter adjusted profit and revenue that rose above forecasts, citing strength in its global cannabis and consumer packaged goods businesses. The net loss for the quarter to Nov. 30 widened to C$122.0 million ($96.3 million), or 42 cents a share, from C$8.2 million, or 3 cents a share, in the year-ago period. Excluding non-recurring items, the company swung to EPS of 1 cent from a loss of 19 cents, beating the FactSet consensus for a per-share loss of 3 cents. Revenue rose 33% to C$160.5 million ($126.6 million), above the FactSet consensus of C$153.9 million. Adult-use cannabis revenue rose 149% to C$72.1 million. The average selling price of adult-use cannabis rose to C$4.29 per gram from C$4.15 per gram in the previous quarter, while the average retail selling price of medical cannabis fell to C$6.96 per gram from C$7.38 per gram. Shares of Tilray Inc. jumped 19.4%, as the company and Aphria agreed in December to a merger. The stock, which which is on track for the highest close since November 2018, has soared 98.6% over the past three months while the ETFMG Alternative Harvest ETF has climbed 72.4% and the S&P 500 has gained 9.4%.

'Blue Wave' Lifting These ETFs

With Democrats in control of the House, Senate and White House, some sectors will benefit better than others.

Implications for markets from the Georgia runoff results

Isaac Boltansky, director of policy research at Compass Point Research & Trading, joins Yahoo Finance Live to discuss the winners and losers in different electoral scenarios from the Georgia Senate runoff, as well as the three areas he’s focused on from President-elect Joe Biden’s agenda.

The 7 Best ETFs For Marijuana Bulls To Buy Right Now

Helped by Election Day results in the U.S., marijuana stocks are experiencing a renaissance of late. It’s not yet a replay of 2018, but plenty of cannabis equities and related exchange traded funds will exit 2020 with their best performances in some time. It’s not just optimism surrounding the incoming Biden Administration and how the president-elect can affect marijuana stocks for the better. On Election Day, every state that had a medicinal, recreational or both initiative on the ballot said “yes.” That includes a group of deeply conservative and swing states, indicating attitudes toward legal cannabis are changing and no longer confined to the likes of California, Colorado and Washington. 7 Undervalued Stocks That Could Soar in 2021 With that in mind, here are the 7 best ETFs for marijuana bulls to buy right now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alternative Harvest ETF  (NYSEARCA:MJ) AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS) AdvisorShares Pure Cannabis ETF (NYSEARCA:YOLO) Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Cannabis ETF (NYSEARCA:THCX) Global X Cannabis ETF (NASDAQ:POTX) Cambria Cannabis ETF (CBOE:TOKE) While things are looking up for the U.S. cannabis market, there are still plenty of risky equities in the space, many with small price tags and even more diminutive upside prospects. In other words, stock picking in this arena is difficult, which explains why many investors prefer exchange traded funds. Best ETFs For Marijuana Bulls: Alternative Harvest ETF (MJ) Source: Shutterstock Expense ratio: 0.75% per year, or $75 for a $10,000 investment The Alternative Harvest ETF, the original ETF dedicated to marijuana stocks, is back in style as it recently marked $1 billion in assets under management. That’s a prestigious mark for any ETF, particularly a thematic fund like MJ. Although it’s still saddled with a double-digit year-to-date loss, MJ is proving sensitive to the aforementioned political tailwinds in the U.S., as the ETF now sports a fourth-quarter gain of 40.26%. More recently, MJ got a bit of boost on news of Aphria (NASDAQ:APHA) targeting rival Tilray (NASDAQ:TLRY) for a merger. Those two stocks combine for nearly 17% of MJ’s roster. With 82.1% exposure to the U.S., according to issuer data, MJ should benefit as cannabis laws here liberalize. However investors should scrutinize this exposure because the bulk of the fund’s biggest components aren’t U.S. growers. Rather they’re Canadian firms waiting on their moment south of the border. AdvisorShares Pure US Cannabis ETF (MSOS) Source: Shutterstock Expense ratio: 0.74% per year Speaking of exposure to U.S. growers, also known as multi-state operators (MSOs), the AdvisorShares Pure US Cannabis ETF is the first ETF with an explicit focus on the U.S. weed market. With its September 1 debut MSOS was the only new cannabis ETF to come to market this year, but it has proven investors want MSO allocations, as highlighted by $183.45 million in assets under management. That makes this one of the year’s most successful rookie thematic ETFs. Beyond that superlative, the new fund has confirmed the benefits of its domestic focus, returning 44.3% since inception. Plus, as an actively managed ETF MSOS dodges index constraints, allowing it to feature exposure U.S. growers, most of which trade over-the-counter (OTC). OTC stocks are usually ignored by traditional equity indexes. 7 Undervalued Stocks That Could Soar in 2021 In addition to a 58.4% weight to MSOs, the AdvisorShares ETF features exposure to six other industries, including real estate, financial services and cannabis pharmaceuticals producers. The fund is a solid idea for investors seeking smaller marijuana stock exposure, as mid and small caps combine for 86.8% of the roster. AdvisorShares Pure Cannabis ETF (YOLO) Source: Shutterstock Expense ratio: 0.75% per year The AdvisorShares Pure Cannabis ETF is the older stablemate to the aforementioned MSOS, and like its new counterpart, YOLO is actively managed. In fact, YOLO was the first actively managed weed ETF ever. While active fund managers consistently encounter difficulty beating benchmarks to justify their high fees, YOLO proves active management can and does work in the cannabis space, up 41.77% year-to-date. That performance is good enough to make YOLO one of best-performing marijuana ETFs, and flexibility is one of the reasons behind this fund’s impressive showing. YOLO allocates 61.5% of its weight to domestic marijuana stocks, including many of the OTC names dwelling in MSOS. But YOLO’s exposure to those names is synthetic and comes by way of derivatives. Dan Ahrens manages both MSOS and YOLO and “believes today’s new era can be viewed in similar regard to post-Prohibition, commencing a growing acknowledgement and understanding of cannabis and its uses among a mainstream audience. The industries that comprise the multi-billion dollar cannabis universe represent a new frontier, where proper caution and due diligence must be exercised surrounding its regulations and risks, in seeking attractive long-term cannabis investment opportunities,” according to AdvisorShares. Amplify Seymour Cannabis ETF (CNBS) Source: Shutterstock Expense ratio: 0.75% per year The Amplify Seymour Cannabis ETF is also actively managed, run by Seymour Asset Management’s Tim Seymour, a regular on CNBC’s “Fast Money” program. One benefit of CNBS, made evident by a 34.51% year-to-date gain that far outpaces passive rivals, is an emphasis on purity. This fund doesn’t hold derivative plays or tobacco stocks, only those that derive “80% of the portfolio companies with 50% or more of their revenue from the cannabis and hemp ecosystem,” according to the issuer. The bulk of CNBS’s holdings are retail, pharmaceuticals, cultivation firms or makers of cannabis-infused products or real estate names, as well as providers of agricultural technology or companies engaged in cannabis finance, technology and manufacturers of consumption devices. 7 Undervalued Stocks That Could Soar in 2021 CNBS holds 24 stocks, with $26.78 million in assets under management. The fund debuted in July 2019. Cannabis ETF (THCX) Source: Shutterstock Expense ratio: 0.70% per year The Cannabis ETF is one of the more cost-effective cannabis ETFs and a straightforward approach to the favorable regulatory environment setting up in the U.S., Mexico and other countries. And that much is reflected by fourth-quarter gains of 48% for THCX. “To put the opportunity into perspective, the global cannabis market is estimated to reach $630 billion by 2040 up from $12 billion today,” according to the issuer. THCX holds 29 stocks across eight industries with a median market capitalization of $204.2 million, indicating the fund tilts toward the smaller side of the marijuana stock universe. The fund features some exposure to British equities, but the U.S. and Canada are the markets that will chart the course for THCX. Global X Cannabis ETF (POTX) Source: Shutterstock Expense ratio: 0.50% per year The Global X Cannabis ETF, which tracks the Cannabis Index, has at least one thing in its favor: With annual fees of just 0.50%, it’s almost the least expensive fund in this category. POTX has a concentrated lineup of 18 stocks and, like many of its passive peers in this space, is heavily allocated to Canadian marijuana stocks. That country accounts for over 78% of the fund’s geographic exposure. To that end, POTX levered to growth north of the border and in the medicinal marijuana trade because pharmaceuticals and healthcare facilities combine for 93% of the ETF’s roster. The upside of that is some POTX components do offer investors avenues to growth in the U.S. and there is plenty of growth to be had in the cannabis market. 7 Undervalued Stocks That Could Soar in 2021 “Considering only ten years ago recreational cannabis was illegal in all 50 states, these results present a nationwide push to relax cannabis’ laws,” according to Global X research. “After these initiatives, 33% of the population will have access to legalized cannabis for adult use and 70% of all states have legalized cannabis for medical use.” Cambria Cannabis ETF (TOKE) Source: Shutterstock Expense ratio: 0.42% per year Two big things to like about the Cambria Cannabis ETF. First, it’s actively managed. Second, that annual fee of 0.42% is cheap by the standards of any actively managed fund, and the lowest in the cannabis ETF category. There’s another perk to TOKE being an active fund. It’s area of focus is micro-, mid- and small-cap stocks, groups that lend themselves to benefiting from active management in the marijuana stock landscape. TOKE’s lineup, though concentrated, is diverse at the industry level. Constituents include “companies across a range of market capitalizations that derive a significant portion of revenue from the legal sale, cultivation, production, or provision of cannabis-related products, services, or research,” according to Cambria. Bottom line: TOKE offers value for active management in an asset group where stock picking can be tricky for any investor. On the date of publication, Todd Shriber did not have (either directly or indirectly) any positions in any of the securities mentioned in this article. Todd Shriber has been an InvestorPlace contributor since 2014. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets The post The 7 Best ETFs For Marijuana Bulls To Buy Right Now appeared first on InvestorPlace.

ETFMG Alternative Harvest ETF (MJ®) Exceeds $1 Billion in Assets Under Management

Leading thematic ETF issuer, ETF Managers Group LLC (ETFMG®), announced today that the ETFMG Alternative Harvest ETF, better known as MJ®, has again joined the "billion-dollar club." After less than 3 years of trading on the NYSE, MJ® achieved the impressive milestone of exceeding $1 billion assets under management (AUM) on December 4, 2020.

Why Cannabis Stocks & ETFs Are Soaring

Cannabis stocks and the ETFs have surged lately on hopes of the legalization of marijuana at the federal level under Biden presidency.

Stick With Canopy Growth Stock Below $30

Cannabis stocks have been on fire ever since Election Day 2020, with the ETFMG Alternative Harvest ETF (NASDAQ:MJ) rallying 45% since early November on the idea that a Joe Biden Presidency will pave the path for federal decriminalization and legalization of cannabis in the all important U.S. market. Leading this rally, of course, has been the cannabis industry’s biggest producer, Canopy Growth (NYSE:CGC). CGC stock has surged more than 50% since early November. Source: Shutterstock This optimism is not misplaced. It increasingly appears that the federal legalization of cannabis in the U.S. is a matter of “when”, not “if”. It also increasingly appears that with the right laws in place, legal markets across the globe can and will eventually attract demand away from the black market — and that this legal channel demand will inevitably be rather larger.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Connecting those dots, the global stage is set for the long overdue pot stock boom to finally come to life over the next few years. As it does, CGC stock will stay in rally mode. Here’s a deeper look. Canada Turning a Corner For the last several years, cannabis stocks (right on down to Canopy Growth) have been crushed under the weight of lofty expectations. But now? The tide is turning, and cannabis is about to break through in a big way. 7 Hot Stocks Only Getting Hotter As Winter Approaches Just look to Canada, a country where cannabis market restrictions were eased to form an improved legal framework. That framework is finally pulling demand away from the black market and into the legal market. So what is Canada implementing differently? For starters, they’ve moved retail store openings from a “lottery system” to an “open licensing” model; brought cannabis derivatives, such as edibles and beverages, into the market to meet consumer demand; and slashed the price of legal pot beneath black market street prices. As a result, in the second quarter of 2020, Canada’s legal pot market has now bested its spending in the black market. U.S. Legalization on the Horizon At the same time, U.S. legalization efforts are starting to gain serious momentum. Of the five states with cannabis legalization on the ballot, all five passed it. Even conservative states such as Montana and Arizona have gotten in on the cannabis craze. What’s more, President-elect Joe Biden has signaled that his administration would federally decriminalize cannabis. That’s a significant step towards eventual nationwide legalization. If you’re keeping score, that means Canada’s legal cannabis market is on the cusp of finally coming into its own and the U.S. legal cannabis market is ready to come to life. The stage is set for this struggling industry to shift into hypergrowth, which bodes very well for Canopy Growth stock. Canopy Growth Is an Attractively Positioned Leader Canopy Growth is already the unrivaled leader in the global cannabis market, in terms of market value, sales, product distribution, and production volume. By itself, this early leadership position puts Canopy Growth is a great place to benefit from the rising cannabis tide over the next few years. But Canopy Growth is more than just big. The company also more resources than any other cannabis producer in the world to further extend its dominance. Early on, Canopy Growth leveraged its leadership position to score a huge investment from global alcoholic beverage giant Constellation Brands (NYSE:STZ). Thanks to that big investment, Canopy Growth has more than $1.3 billion in cash and short-term investments on its balance sheet. By comparison, most of Canopy’s peers as so cash strapped that they have major liquidity risks. Thus, Canopy’s big resource advantage means that as the global cannabis market booms over the next few years, Canopy will be able to invest in various emerging growth opportunities while its peers simply try to stay afloat. The result, of course, is that Canopy will be even more dominant player in the cannabis market in five years than the company is today. At the same time, Canopy Growth has taken big steps over the past few years in order to streamline operations, reduce its cost basis, and improve cash flows. This sets the stage for Canopy to be a more profitable producer going forward, meaning that big revenue growth in coming years will flow into big profits, too. Net net, Canopy Growth — and by extension, CGC stock — is attractively positioned to benefit from the coming pot stock boom. Canopy Growth Stock Has Upside Potential The last thing to address here is valuation. My numbers imply that CGC stock is fairly valued around $30 per today. Those numbers assume that the global cannabis market surges to be worth more than $50 billion by the end of the decade, Canopy Growth controls about 10% of that market, and operating margins rise to around 20% (which is roughly where they hover in the alcoholic beverage industry). Those are reasonable assumptions. Indeed, I’d say they are fairly conservative. The global cannabis market could march to $100+ billion in size by 2030. Canopy could control closer to 20% share. Operating margins could pan out around 30%. In other words, my $30 price target on CGC stock should be seen as a conservative price target. If a few things go right for this company, the stock is worth much more than $30. Bottom Line on CGC Stock For years, CGC stock has been a disappointment. That disappointment phase is now coming to a close. What comes next is the hypergrowth phase. During that phase, CGC stock will be a big winner. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.  The New Daily 10X Stock Report: 98.7% Accuracy – Gains Up to 466.78%.  InvestorPlace’s brand-new and highly controversial newsletter is rocking the industry, delivering one breakthrough stock recommendation each and every trading day delivered straight to your inbox. 98.7% Accuracy to Date – Gains Up to 466.78%. Now, for a limited time, you can get in for just $19. Click here to find out how. 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