AbbVie (NYSE: ABBV) is a $135 billion market cap biotech, making it a “Big Pharma” player. Despite its mammoth size, can this blue-chip drug maker generate outsized growth? Or is AbbVie’s best days behind it? The question takes on added urgency, as the overall stock market gyrates amid growing headline… Read More
Forecasts
At first glance, cannabis company KushCo Holdings (OTC: KSHB) is a pleasant surprise. KushCo appears to be a real business, with growing revenue, and isn’t a penny stock. These qualities help distinguish the company from many marijuana stocks, which are shaky ventures built on hype. KushCo also… Read More
The marijuana industry is in the midst of a classic bubble, reminiscent of the dot.com boom (and bust) of the late 1990s. To be sure, “canna-business” represents one of the greatest investment opportunities you’ll see in your lifetime and certain marijuana stocks offer the potential for exponential gains. However, investors… Read More
The exploding marijuana industry is rife with indirect plays that could be safer bets on growth because they’re involved in non-cannabis niches as well. One such stock is Psychemedics (NSDQ: PMD), a drug-testing firm. Unlike many direct marijuana opportunities, this firm is generating real revenue and profits. The question is… Read More
The marijuana boom is one of the greatest investment frenzies we’ve seen since the dot.com bubble of the late 1990s. Will the “green rush” end the same way, with pain for investors? You can make a lot of money in cannabis, as long as you remain prudent in your stock… Read More
Some of the best marijuana stocks are indirect plays on the industry. If pot goes bust, these firms can still rely on other core operations. GreenGro Technologies (OTC: GRNH) is an indirect marijuana play getting investor attention these days. It’s the sort of company we call “cannabis adjacent.” These are… Read More
Medicine Man Technologies (OTC: MDCL) belongs to a fast-growing marijuana industry niche: consulting and infrastructure services. Medicine Man is not a marijuana producer. The chattering class on Wall Street is infatuated with cannabis stocks. But with Medicine Man, we must raise several caveats. Not only is this a marijuana play,… Read More
The marijuana “green rush” is one of the biggest investment opportunities you can find. But you need to be selective. In this article, we scrutinize AmeriCann (OTC: ACAN) and its prospects for 2019. AmeriCann is a penny stock that has no real revenue or earnings, and plenty of debt. As… Read More
The marijuana market is growing exponentially but compared to its long-term potential, “canna-business” remains in its infancy, akin to the computer industry in the 1980s. Imagine having been able to invest in Apple (NSDQ: AAPL) during its formative years in the go-go Eighties, when visionary founder and Chief Executive Steven… Read More
Marijuana has come a long way from the hackneyed comedy sketches of Cheech & Chong. The escalating legalization of marijuana has given rise to cannabis dispensaries, where marijuana products are sold over the counter just like the products you can buy at your friendly neighborhood CVS. Cannabis dispensaries are local… Read More