Category: Marijuana penny stocks

How to grab the best marijuana stocks 2019?

Marijuana sector is a high-scope segment at this point because it has many associated companies that have given a huge contribution to the cannabis sector. There are some things to look while making the choice for the best marijuana stocks which can fetch a good amount for you.

  • Decide the marijuana stocks to grab today

Unfortunately, there is no source which can guarantee you to buy the particular weed stocks at the moment. It is entirely up to you to look for the amazing stock options available on the web under $1 value. Make emphasis on the volatility of the stock and if there is no variation in the pricing, it means that the profit potential of the stock is on the lower side. You can also look for the high-volume stocks as the greater number of stocks traded every day will lead to better returns for the investors in the long run. You can control your losses only if you’re able to buy and sell the stocks quickly.

  • Use chart patterns and technical analysis for finding the best chances

Technical analysis is available for every stock on the web. It is the responsibility of the investor to make the stock trade research with carefulness to put your cash at risk. Stocks are all in the charts and the investors need to make sure that they’re fully researching them with due diligence to make the appropriate returns. It is always preferable to check out the clean chart patterns to make the diligent move and get greater odds of success. Your idea about volumes, price variations, and exciting news will make the things simpler for you to think and execute. Marijuana stocks might show a sudden boom in recent times but make sure that you’re making the right move to fetch the promising results.

  • Fundamental analysis for marijuana penny stocks

Marijuana penny stocks don’t have the strongest fundamentals and there are many untrue companies giving fake news and results showing developments. Make sure that the information you’re getting about the stock is from a good source. The company’s announcements regarding new contracts, subsidiary ownership, regulatory issues, and financing are done to increase your odds of success.

  • Grab hot stocks and gain profits

There is no use of buying a marijuana stock when there are no people discussing it. If nobody notices the stock, there will be simply no chance to gain profits from it. Make sure that you’re getting the hot stocks and people should talk about it for the big moves. It is important to buy and sell stocks at the right time. Checking out the right time is important than becoming greedy and selling off the stocks really late. The hype won’t last for eternity and this is the reality of stocks. Once you sell it at a profit, there is no use of checking the prices and repenting that you should have sold it later at a relatively higher price. Whenever you’re getting profits, remain contented and move ahead with a strong investment.

  • Create your own list of stocks

Keep the stock list ready to view on your mobile or laptop application. It is the way to take immediate advantage and a potential victory.

There is a growing trend of marijuana penny stocks to buy in 2019. It is indeed an attractive option and the wave of the legalization of cannabis seems irresistible. In the previous 12 months, there has been a trend of legalization seen for weed in Canada and the US. There is a hope to get the way for the US government to legalize cannabis in every sector for adult-use and medicinal purposes. The news for legalization from Mexico government on October 31, 2018, was a big plus for the cannabis industry. All penny stocks are not worth your investment or time and hence, in the field of cannabis stocks also, you need to be very particular about the stocks to buy.

Here is the list of three best marijuana penny stocks 2019 to own now. These stocks are in trend with the legalization of marijuana and work well for the upcoming three quarters of the year. These top pot stocks on the list could even produce the profits of more than 5 times its present value.

  • Easton Pharmaceuticals (EAPH)

This company is a Toronto based pharma group having specialized designs, development and marketing strategies in the therapeutic healthcare products. The company exists in 1997 and produces various important medications which are helpful in building a strong medical marijuana space. Viorra (topical cream for the treatment of sexual dysfunction), Nauseasol (morning sickness relieving gel), Kenestrin (elbow arthritis treatment), Renou HA (anti-wrinkle cream for delaying the aging process) and XILIVE (early-stage treatment of cancer). The stock price of the company at present is $0.011. The developments and cannabis-licensing will bring the company to a higher level in the upcoming phases. Easton Pharmaceuticals Inc. has updated very recently on the Canadian Dollars 2,600,000 farming contract for building 150 homes outside the Toronto region. The company worked on the acquisition of a Canadian Cannabis company called the Alliance Group.

  • 22nd Century Group Inc. (XXII)

This company is based in New-York and works as a unique pot penny stock owned this year. The company creates the plants having lower nicotine levels with its advanced engineering concepts. There has been an achievement in the company for producing tobacco with 97% lesser level of nicotine content. The product aims at weaning off the drug and give a reduced exposure to the dependent smokers. With the news for the global hemp market to grow at a large scale by 2025, the company will have better trades from the present value of nearing $2 per share. The stock returns could become higher with time.

  • Marijuana Company of America (MCOA)

Marijuana Company of America works in development, manufacturing, and marketing of the cannabinoid consumer products under the hempSMART brand name in the US and Canada. The hemp derived products are wellness products that reduce minor discomfort and relaxes the muscles. The company also provides accounting and bookkeeping services for cannabis companies. MCOA stock sells its products through its websites as well as the affiliate marketing program in offline business. The company has stocks priced at $0.011 and is projected to get better prospects with its innovative ideas.