Five Of The Most Promising Publicly Traded Marijuana Stocks

Five Of The Most Promising Publicly Traded Marijuana Stocks

The opinion of many in the industry is that the performance of many marijuana stocks was less positive than expected so far in 2018. Despite this fact, the interest among investors in these stocks is still on the rise.

The reason for this interest is simple to discern. Marijuana stocks possess more potential for growth than most vehicles for investment available to the market.

The following is a quick rundown of five publicly traded marijuana companies for investors in the United States and Canada to consider.

Abattis Bioceuticals Corp

Abattis Bioceuticals is headquartered in Vancouver, B.C. and provides growers with essentials like consulting services, extraction equipment, and cultivation systems. The company was able to raise more than $3 million dollars in 2018 and used a portion of this money to fund a spree of acquisitions. In recent months, Abattis Bioceuticals has acquired fertilizer formulas, a controlling interest in a testing lab for marijuana, and a sizable stake in a company that processes payments.

Novus Acquisition & Development

Novus is a consulting firm that bases its operations in Miami and provides clients that use cannabis as an alternative medical treatment with a savings plan to lessen the cost of treatments.

Clients of Novus pay less than $20 a month to receive substantial discounts on the cost of filling their marijuana prescriptions. A month ago, Novus announced that its Medplan benefits network is immediately available in all states where marijuana use for medical conditions is allowable.

Novus has also hired TKO Organics to grow and dispense the marijuana to be used by Novus clients.

Cannabis Sativa Inc.

Cannabis Sativa is a maker of products and has recently purchased the Kush firm. Kush concentrates its efforts on marijuana research. The former Governor of New Mexico, Gary Johnson, has been tabbed to be the President and Chief Executive Officer of the company that is now formed as a result of the merger.

Products from Cannabis Sativa are marketed under the name ‘hi’ and the company’s ‘hi lozenges’ are a favorite among customers.

United Cannabis Corp.

United Cannabis has been providing consulting services for companies in the medical marijuana industry since California prescriptions for medical marijuana first became legal in 1999. UC is currently looking to obtain a patent for an extra strength marijuana tablet that the company has produced.

The firm, which is based in Denver, has also obtained a consulting job with the government of Jamaica. The nation is currently deliberating over the pros and cons of decriminalization of marijuana in the country.

Greengro Technologies

Greengro is located in Anaheim, California and was able to raise $875,000 through a private placement in March. The company also purchased Vertical Hydrogarden and reopened the retail location in the month of March. The move is the first of a proposed plan to open a chain of stores.

Greengro is also currently involved in the process of a multi-stage acquisition of a construction company that will be used for future expansion.

Final Thoughts

So far this year, the wildest expectations of some who may have viewed marijuana stocks as a fast track to tremendous wealth have not been realized. However, the five companies listed above, as well as many others in the industry, have shown the performance and possess the growth potential to suggest that the optimism remaining among investors is justified.

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Penny Stock Trading Apps

Penny Stock Trading Apps

You’ve decided to try your hand at penny stocks. You know the risks and have (hopefully) practiced with trading “papers.” And now you’re looking for a platform for trading.

Many investors today have moved to trading via apps rather than looking to traditional brokers as in days past. Many conventional brokers now even offer their own apps to make trading easier. And apps like Robinhood that allow trading without being connected to a broker are becoming more and more common.

Unfortunately, due to the lack of regulation and extremely high-risk nature of penny stocks, many brokers blacklist them, so finding a platform to buy or sell penny stocks can be challenging.

And those brokers that do allow investors to trade penny stocks usually charge extra fees for the service.
As of today, only apps offered by traditional brokers allow for trading these highly volatile stocks. Apps that offer free trades, like Robinhood, haven’t jumped on the penny stock bandwagon yet.

Below is a list of brokers that offer investors the ability to trade penny stocks.

• TD Ameritrade
• Fidelity
• Charles Schwab
• Interactive Brokers
• Ally
• Trade Station
• E*Trade

You should evaluate each broker carefully before deciding which is best suited to your needs. Some of them offer fees based on the dollar amount of the trade, and others offer flat fees per trade. Some will charge premium rates or apply extra fees to penny stocks. You may even decide that you need a separate broker for your penny stock trades than your other investments in order to get the best possible rates.

Whatever you decide, remember the stock market is speculative and volatile, and investing in penny stocks compounds your risk exponentially.

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How to Invest in Environmentally Friendly Companies

How to Invest in Environmentally Friendly Companies

Investing in environmentally friendly companies is a great way to plan for the future and support businesses that have values in which you believe. You will get the satisfaction that comes with standing up for your values as you create the foundation for future returns, and you will know you are on the right track. For many new investors, though, the problem is that they don’t know where to start. If you can relate to that problem and need some guidance, the following information will help you move in the right direction.

Find Green Companies

Your first goal is to find green companies that have enough potential to make them worth considering. Green companies are ones that operate with the needs and future of the environment in mind, and some examples include companies that recycle most of their products, companies that use renewable energy, and companies that take other steps to reduce their carbon footprint. You can search online for green companies or speak with someone at your local chamber of commerce. Make a list of companies in which you are interested.

Do Your Research

Once you have a few companies in mind as potential investment opportunities, you still have a lot of research to do. Jumping too fast can cause you to make costly mistakes that will harm your progress and decrease your returns. Plenty of online resources provide stock data for almost every publicly traded company that you might discover. Remember, it’s normal for stocks to go up and down on a daily or weekly basis. You want to look at long-term trends to get an idea of what you can expect in the future. When you are first getting started, never invest more than you are willing to lose.

Don’t Be Afraid to Get Advice

You can read all of the resources on the planet, but nothing comes close to getting real-time advice from experienced experts. Use your network to connect with people who might have a little more experience than you and ask for some advice. Getting a mentor to give you a second opinion on your investment decisions can save you a lot of time and money. Make sure you are always willing to listen with an open mind if you want to get the most from expert advice. This allows you to reduce the learning curve and enjoy the rewards much sooner.

Final Thoughts

Investing for the first time can seem like a confusing and complex process, but it doesn’t need to be. Following a few tips and keeping your goals in sight is the key to building lasting success. The information you have learned in this guide will help you choose some green companies with stocks that match your goals.

As long as you research and strive always to grow your knowledge, you will have no trouble buying winning stocks of which anyone would be proud. Keeping your eye on your long-term vision and dedicating yourself to making consistent progress will help you achieve your objectives in no time.

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Best ETFs for Retirement Planning

Best ETFs for Retirement Planning

Exchange-traded funds (ETFs) have emerged as a popular investment option for retirement planning. An ETF pools money from many individuals and invests it according to the fund’s stated investment objective.

Shares of ETFs trade on exchanges, much like individual stocks. The low expense ratios of ETFs are attractive to investors, as they allow investors to keep more of their earnings. ETF shares may be held in individual retirement accounts (IRAs) making them perfect for those saving for the future.

SPDR S&P 500 ETF (SPY)

The SPDR S&P 500 ETF is a classic example of a passively managed, indexed ETF. In fact, launched in 1993, SPY was the first ETF introduced in the United States. This ETF seeks to replicate the performance of the S&P 500 index, which is a common gauge of the U.S. large-cap equity market.

SPY is a very common choice for retirement planning funds. Although there have been major market events and short-term volatility, the S&P 500 has generally increased over the past few decades, making SPY a great choice for the long-term investment horizon of retirement savers.

Vanguard Total Bond Market ETF (BND)

Many savers who are at or nearing retirement look to the bond market for the relative safety it provides as compared to the stock market. For bond investors, the Vanguard Total Bond Market ETF (BND) may be the right choice.

BND provides exposure to the U.S. market for investment-grade bonds. The high quality of the bonds in which this fund invests reduces credit risk, providing safety to retirement savers. Aside from the preservation of capital provided by bonds, many retirees also enjoy the interest income that bond funds such as this one provide.

iShares Core Dividend Growth ETF (DGRO)

Retirement savers with a need for income but an appetite for a little more risk than that presented by bonds may be interested in a fund that provides access to stocks with prospects for dividend income.

The iShares Core Dividend Growth ETF (DGRO) takes the concept of a dividend stock fund one step further by seeking out stocks that not only have a good dividend history, but those that have increased their dividends over time. Increasing dividend income can really help out retirement savers who are no stranger to the insidious effect of inflation on their portfolio.

iShares Core Moderate Allocation ETF (AOM)

Retirement savers who need a balanced approach to risk in their portfolio can gain instant diversification among stocks and bonds by selecting a balanced fund such as the iShares Core Moderate Allocation ETF (AOM).

AOM seeks to provide the stability and income of bonds while also giving access to the growth potential of stocks by splitting its target allocation right down the middle between equities and fixed income. It’s a truly balanced approach – perfect for those needing to limit risk, but not at the expense of growth.

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One Month of Acorns

One Month of Acorns

I opened an account with Acorns one month ago. Here’s how it went and what I think so far.

Sign up was super easy. The app is very user-friendly and easy to use, even for my low-tech brain. I entered some personal info, linked a card, and turned on round-ups so the app could round-up my debit-card purchases and deposit the change into my investing account. It prompted me to enter another card, but linking a credit card and paying interest on my round-ups was an obvious no-no.

The app chose a risk-tolerance profile for me based on the answers to my questions, but I had the option to change it to whatever I wanted. The available options are conservative, moderately conservative, moderate, moderately aggressive, and aggressive.

I was able to decide if I wanted to make regular deposits or if I only wanted to use the round-up feature. For this first month, I used round-ups only, and my current portfolio value is $25.58 with $25.41 invested.
With no effort, no decisions, and no real feel to my pocketbook, I managed to invest over $25 in just one month.

Not enough to retire on, but it’s a start and not bad for my first investment.

After I signed up, I was prompted to invite friends. The app promised that for each friend who signed up Acorns would deposit $5 in my account and another $5 in my friend’s account. There was a hiccup here, however, and neither my friend nor I got our credits. I submitted an email and a very helpful Acorns associate helped me with the matter.

Unfortunately, I still haven’t seen the credit (and neither has my friend), but I’ve been assured it’s being handled…we’ll see what happens.

I also tried out the Found Money feature. Acorns has partnered with over 200 companies who will deposit money in your investment account when you use your linked card to make purchases with said companies. The fine print, however, is that for most of these companies, you have to go into your Acorns app, then use their links to the companies in order for it to work. I missed out on some serious cash from Airbnb this way, but I did learn my lesson. I ordered some flowers by following the link to 1-800-Flowers, and I now have $10 in Found Money pending.

Apparently, it can take 60-120 days for the money to actually get into my account – but $10 is $10.

I love that Acorns offers gift cards. I know what I’ll be asking my parents for this Christmas.

Overall, I think it’s a great platform. I’ll be keeping my account open and round-ups on for the foreseeable future.

Hopefully, I can get the referral credit straightened out, but at this point, I’m not too hopeful.

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The ABCs of Precious Metals

The ABCs of Precious Metals

There are many reasons why a diversified portfolio should include some precious metals. Gold, Silver, and Platinum, while highly volatile commodities, can help provide a hedge against rising inflation.

There are numerous ways to buy into precious metals, including commodity ETFs, bullion, futures, common stocks, certificates, etc.

Let’s break down each of the three and discuss what they have to offer.

Gold

Gold has been used as a currency for centuries. It has some applications in the dentistry and electronics industries and is widely used in the jewelry industry. It does not rust or corrode, so it maintains its properties indefinitely. In these ways, gold is stable. However, as a commodity, the value of gold fluctuates according to supply, demand and the overall economy. Gold tends to become extremely attractive to investors in times of economic or political upheaval, which can drive its price up and down quickly depending on fear levels.

Silver

Silver has a variety of applications in the tech, industrial, and healthcare industries. As such, it is always in demand. Due to its thermal and electrical conducting properties, silver becomes more and more important as society becomes more technologically advanced. It is used to make batteries, cell phones, etc. Even though silver has more practical uses than gold, compared to gold, silver is relatively inexpensive.

This graph from macrotrends depicts the ratio between gold and silver prices since 1915.

Gold to Silver Ratio – 100 Year Historical Chart

Platinum

Platinum is much rarer than gold, and therefore typically fetches a higher price. Of course, in times of instability when investors tend to bulk up on gold, sending the price up, this can change. Like silver, platinum has a variety of industrial applications. The automotive and jewelry industries make up the largest consumers of platinum, but it is also used in chemical and petroleum refineries and in computers. Most of the world’s platinum comes from Russia and South Africa, so instability in those regions and political relationships can affect platinum prices as well.

Before you decide which of these metals to invest in, be sure to do your homework. You should also consider which form your investment will take. Look at what makes the most sense according to your investment strategy and best meets your needs and financial goals.

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