The best 6 cannabis stocks for 2019
2018 was a massive season for the cannabis market.
The country of California — that the fifth-largest market on earth — formally began the authorized earnings of adult-use cannabis.
The whole state of Canada formally legalized adult-use cannabis.
Mexico started the practice of finishing the prohibition of cannabis.
All across the planet, new legalization laws has been introduced, debated, and passed.
Make no mistake: The momentum supporting the legalization of cannabis is a worldwide one, and 2018 actually served as the launch pad.
Cannabis investors surely made a fortune in 2018, also.
And a few of those that jumped in a couple of decades back — on my recommendation, and in expectation of that which we understood would occur in 2018 — became millionaires.
Obviously, that is not difficult to do if Canadian cannabis stocks like Canopy Growth Corporation (TSX: WEED), Aphria, Inc. (TSX: APH), and OrganiGram (TSX-V: OGI) all delivered profits in excess of 1, 000 percent.
That having been said, those shares are currently “old news.”
The big money is already produced in the Canadian sector, however the U.S. sector is only starting to really heat up.
The U.S. cannabis marketplace in 2019 is similar to the Canadian cannabis marketplace of 2016.
Momentum is building, enormous amounts of funds are moving , and also the political landscape is shifting in a means which will ultimately lead into the full scale legalization of cannabis — on a national level.
While individual nations are the catalyst for excellence at the U.S., in 2019, we are likely to see for the very first time — a true push for legalization on the national level.
This is the end result of a range of things, such as
– The shooting of Attorney General Jeff Sessions, that had been among their most outspoken prohibitionists at Washington.
– The replacement of Representative Pete Sessions, that had been the former chairman of the House Rules Committee and also the individual who chose which bills made it to the House floor. Pete Sessions always did everything in his power to maintain any legalization bill from getting to the ground, where it might be properly debated and voted . However, with Sessions gone, there is currently a lengthy list of localization-related invoices which will eventually be given a fair hearing.
– As a matter of monitoring, Democrats are far in favor of legalization compared to Republicans. With the Democrats currently running the home, expect to see more legalization statements introduced and most with bipartisan support.
– A fresh wave of legalization momentum started in 2018 in several of key countries, such as New York, Illinois, New Mexico, New Jersey, and Connecticut. If these five countries are effective at initiating some type of adult-use cannabis legalization at 2019, it might place more strain on the national authorities to raise the prohibition on cannabis.
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Cannabis: The Millionaire-Maker
Now legalization is set up in Canada, members of the Green Chip Stocks communities have obtained their enormous winnings from the table and also have started to re-allocate that funding to the U.S. marketplace.
While there is still lots of cash to be produced in the Canadian cannabis space, you are only going to have more bang for your dollar at the U.S. cannabis marketplace in 2019. And that is where we are now concentrated.
A number of those U.S. cannabis stocks which we expect to completely crush it in 2019 include but aren’t restricted to:
- Sophisticated Industrial Properties (NYSE: IIPR)
- Curaleaf Holdings (OTCBB: CURLF)
- Liberty Health Sciences (OTCBB: LHSIF)
- iAnthus (OTCBB: ITHUF)
- MariMed (OTCBB: MRMD)
- Acreage Holdings (OTCBB: ACRZF)
And along with the U.S., you will find different opportunities beyond North America.
Elixinol (OTCBB: ELLXF) has a fairly wonderful vulnerability to Australia, also Khiron Life Sciences (OTCBB: KHRNF) is a fantastic alternative in Latin America. The latter is very striking, boasting the president of Mexico, Vicente Fox, on its own board.
Obviously, the cannabis business has been rapidly evolving over the last couple of decades, also 2019 will be no different.
If you are seeking to capitalize on this continuing growth, I strongly advise you to be a part of Green Chip Stocks, in which I send out weekly updates about the cannabis business, in addition to new stock selections.
you might also learn the way I discovered some of my main winners at the space by following this link.
A number of the big winners which we closed out 2018 comprise:
- Aphria, Inc. (TSX: APH) — 1, 174.3% profit
- OrganiGram (TSX-V: OGI) — 1, 185% earnings
- Canopy Growth Corporation (TSX: WEED) — 3, 015.6% earnings
Members of my area that spent just $25 K at Canopy Growth Corporation when I made the recommendation turned that first investment to almost $800, 000.
Dual around $50 K, which was a simple $1.5 million. )
From 1 stock!
This isn’t chump change.
And make no mistake: What we did in Canada cannabis stocks, we are going to perform in U.S. cannabis stocks.