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Are You Thinking About Investing In Marijuana Industry Stocks?

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marijuana stock stocks marketShould You Buy Stocks In The Emerging Marijuana Industry?

Marijuana stocks have been around since I started this blog in 2010. Many companies have come and gone. Some have changed their name, some have remained the same. But things have changed a lot since 2010 in the marijuana stock world, especially this week when the world got it’s first taste of what legal marijuana sales looks like.

As is the case in almost every sector of the marijuana world, the game changed for marijuana stocks after Colorado started selling legal recreational marijuana. A lot of media outlets pointed out that marijuana stocks surged this last week as interest rose along side rising marijuana sales in Colorado. The stock prices aren’t staggering, but they have improved no doubt.

I have received more questions about marijuana stocks this week than I ever have before from readers. People want to know which stocks are ‘good’ and which ones are ‘bad’. To be perfectly upfront and honest, I don’t own any stock, marijuana company stock or otherwise. So take my advice for what you will.

I may not know much about stock, but I know A LOT about the companies that are offering them. I haven’t seen anything that is impressive enough for me to pull out my hard earned money and invest it with any of these companies. That’s not to say that I never will, or for that matter I’m not even saying I’m right in my investment strategies.

What I’m saying is that I have an above average knowledge of the marijuana consumer, the marijuana industry, and where things are headed, and I’d rather invest my money in dabs right now than marijuana stocks. But I’m willing to open this up for discussion and debate, and I challenge anyone out there to persuade me to purchase marijuana stocks. It can be the companies themselves, people that have already purchased marijuana stocks, or anyone else that feels like I’m missing the boat.

I have $1,000 set aside right now, I challenge people to convince me, the biggest skeptic of marijuana stocks on the planet right now, to invest that money into a marijuana company owning stock. If someone is successful in persuading me, I will absolutely post an article about why I chose to invest, and with which company. Until then, invest wisely, and know that I haven’t purchased a single stock due to the fact that the companies I’ve seen selling stock don’t have a solid business model and/or their company is mostly smoke and mirrors in my opinion. Yes this is the gold rush of our generation, but a lot of people got ripped off during the gold rush. Make sure to remember that when you are considering investing in the industry.

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  • Looking forward to the follow up to this post, and if you can find a worthwhile company to invest in :D

    • I will definitely let people know!

      • Guest

        You guys should check out Alan Brochstein at 420Investor (on Marketfy). if your’re buying stocks you need to at least check it out. He is the “CANNABIS FINANCIAL ANALYST”. Very enligting!!

        • Norman Gates

          … 420INVESTOR.COM seems to have a conflict of interest with the success of naturopathic cancer therapeutics …

  • Deborah Plumeria Brown Bohne

    If It Were Me, I’d invest in hemp!

  • rob

    If i was to invest in this would i be braking uk law

    • Klim

      You should be able to buy GWPH without a problem

  • lee

    There will be plenty of versatile investment opportunities in the near future in the marijuana industry. If I were to invest right now I would probably invest in a company that has their hands in a few of the services, products and agricultural aspects. The manufacturing of equipment, the grow, the retail, the employment, education, bi-products….. not to mention the packaging, advertising, holy shit a whole new list of investments that will be profitable for a while. But with all good things some greedy industry ying yang with political backing will ruin that too…..but that’s years away. For now,.. I’m getting me some of this cash cow.

  • Investing in Cannabis Hemp can be much more interesting and profitable http://www.wiseworldmanagement.com

  • closet smoker

    I am a relative newcomer to stock trading and own some cannabis industry stocks. The stocks in question are all micro cap stocks traded on the oc or pink sheets. Very volitle high risk stocks. If you invest, do it with funds you can live without. The only two fully reporting companys right now are PHOT and TRTC. I own PHOT, it is up over 300% since I purchased it.

  • mikegino

    Yo Johnny, I have been researching & investing in pot stocks since July 2011. Many people are finally realizing that this going to be a massive growth industry for years to come. You need to interview Alan Brochstein from http://www.420Investor.com as he is on top of this sector.

    • Norman Gates

      … Lots of tickers and the Director lets this purge 800k until ultimately the ship goes down. Just look at that DirectTV trade and ask yourself why they didn’t set an exit at $50/share like any short-term novice would. Anyone who values this guys advice is obviously uninformed! …

  • Choom Gang
  • Mark Fane

    Using technical analysis, fundamental research, and risk management, Cannabis stocks are incorporated in my trading system. Currently four rate my BUY recommendation PHOT, GRNH, GWPH, TRTC. Three are grow related, and one small Pharma. Using trailing stop loss orders, take profits on large up moves, but keep a core position if bullish, always. Example: sold 30k of GRNH .108(+145%) and 15k PHOT @ .2155(+121%) and still own both for about free. “Being bullish, and not being long does not make sense” to quote another. When I get my sell signal, I drop them quick. best advice: Find an advisor to work with.

  • Wildman

    Mediswipe is a very good Company to invest in ,they had a very good week . They gained more than any other cannabis stock in the sector .Hippa complaint ,Banking, mobile apps,and a very dedicated CEO also they have a Dr.Jayme Canton who reports to governments ,Large cooperation’s and sits on the board of 800Commerce here is the website http://www.mediswipe.com/ read all about them

  • tofarmer

    I own Mediswipe stock right now ,just like anyother stock it has it’s up’s and down’s .It is HIPPA complaint and has banking also, mix this in 800commerce and it very well rounded stock

  • tofarmer

    I own Mediswipe stock right now ,just like anyother stock it has it’s up’s and down’s .It is HIPPA complaint and has banking also, mix this in 800commerce and it very well rounded stock

  • Norman Gates

    Medical Marijuana Inc. (OTC: MJNA) does not own any direct THC bussiness. Red Dice Holdings/Medical Marijuana Inc. is a licensing deal only. 

    Watch this video for some information on how licensing works.
    https://www.youtube.com/watch?v=6ZLJtf8JrzY&feature=youtube_gdata_player

    A licensing agreement grants a manufacturer the right to develop, market and sell approved products (typically leveraging a company’s brand name, logo(s), mark(s) and/or licensable assets) to approved retailers in return for payment — typically a royalty and guarantee based on wholesale sales as specified in the license agreement. 

    Typically, Licensing royalties represent 10% of wholesale sales (5% of retail sales) and are paid to licensors on a quarterly basis. 

    Medical Marijuana, Inc. (OTC Pink:MJNA) is pleased to inform shareholders and the general public that HempMedsPX™ — a corporate portfolio company of Medical Marijuana, Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc. — represented CBD Simple by PhytoSPHERE Systems — a CannaVest Corp. brand — at the 2013 High Times Cannabis Cup competition in Amsterdam and accepted the Cannabis Cup award for Highest CBD Concentrate. This international judging event featured entries by the most prominent growers, breeders and producers of cannabis and cannabis products worldwide. HempMedsPX™ also represented the winner of the 2013 Seattle High Times Cannabis Cup and 2013 Michigan Medical Marijuana Conference “Green Cup” contests for Highest (hemp) CBD Concentrate.

  • Dennis Coyle

    Still to come in 2014 Washington. Next year California, Oregon & Alaska with dozens more to pass new laws. Fed & Sec policy will change there is no going back now. The green rush has begun. TRTC could be one of the first publicly traded companies to grow. What will happen when thats announced? One word, parabolic. There is so much news that still needs to be reported! I know this industry and the businesses in it. I have been studying this for 36 months. Everyone has a hobby and mine is investing into the future. A pop yes. Okay so Waves of investors will buy in at many times over the next 36 months. Next massive event to take place is Banks and Credit Card companies able to finally do transactions with dispensaries! By then Washington will have laws implemented for the recreational program. News after that will be the Fed changes policy. They remove Marijuana off the Schedule 1 drug list (next to Crystal meth, Cocaine and Heroin) It would have been changed 30 years ago. But DEA agent over through the courts decision. I dont care what anyone says at anytime Obama could change the policy. Later in 2014 California will finally add more laws for recreational use. In 2015 New York, and many other states will come on board. This time next year when Colorado reports HUNDREDS of MILLIONS in Tax Revenue states will all hop on board. Our country needs the tax dollars more then ever. There is no going back now, the government CANNOT control it if they wanted to. All in all the next 36 months will have massive news to keep the sector flying with hundreds of thousands of investors getting in on the “Green Rush” Tony my timing was off last year with TRTC. Glad I started more positions and loaded up at the BOTTOM .07 and .08ts not the future it’s the present time. Colorado is History next to Uruguay being the first country to legalize and control it. You know what’s funny? You know how many people in the world want to go to Amaterdam to smoke? Well Colorado is the new Amsterdam. I said $100,0000,000 tax dollars for the state. But I think I am underestimating the industry by 10X. So yes this time next year Colorado reports $100,000,000-$1,000,000,000 in tax revenue. More states will follow year after year. Thousands of investors will invest in the industry and you my friend bought at $.10 hold till $1.00 add along the way up. TRTC growing fresh produce 365 days a year in multiple green house locations around the country. Looking to obtain an Industrial Hemp License in NJ and a Medical Marijuana License in Nevada. Fed & SEC law will change and TRTC could be one of the first publicly traded companies to grow Marijuana. Either way this company will become a massive corporation with Edible Garden produce. Holding for another 24 months or longer. TRTC is actively pursuing a license to grow in multiple states! It’s not about the growing equipment. There’s no money and selling equipment. With a 1 acre growing facility year-round they will do $30 million

    TRTC will be the industries leader. They have 4 growing operations in 3 states. Florida, Indiana, New Jersey x2. They have contracts with retailers such as BJs, Fairway and Shoprite. Many more major retail partners will come in 2014 and 2015. The edible garden national expansion plan will be identical to the marijuana growing.

    Right now TRTC is focusing on growing Edible Garden Hydrponic Brand around the country. They are working hard to get a Marijuana License. Once Fed and Sec laws change. TRTC will become a leader in the growing business.

    Good luck to all in the worlds biggest emerging industry.

    GO LONG TRTC

  • Michael Scott Peterson

    I think if there’s anything to invest in its the banking aspect of it. Because regular banks like Chase and Wells Fargo aren’t trying to take the risk. So I’d say pot your money into cannabis banking

  • I invest my money in the Marijuana stock which three different company offer the stock it’s going to be a winner people.

    • Lucy

      What’s the name of it Benny?

  • Bill T

    Most of these pot stocks are trading for less the 3 cent a share. For $300 you can buy shares in every pot stock out there. You only need one to succeed. Very minimum risk for very high potential return considering I have pissed away more then $300 in a single night on strippers.

    Pot stocks are so cheap right now, you don’t need to figure out which is a “good” one. Buy them all…. one of them will be good one. There are only about 10 to 20 of them. Drop about $30 to $50 on each on of them. Very few penny stocks make it big… but the one that does yields returns so large that you forget about the money you lost.

    Repeat… They are trading for less then 3 cents a share. Buy them all.

    • Adalberto Torres

      Where do they sell them

  • Ziyal Ochs

    Hi, I have never had any stock, but I am very curious about it. Especially when I get the chance to invest in hemp!!! My focus would probably be on companies that use hemp to make day-to-day items…. Hemp; the new oil industry? Well it would make my heart jump. For now I would just like to know a little more about the mentioned companies.

    Also I live in Denmark, so can’t be an “illegal” company for me either :(

    Imagine this…. A little girl dreaming of living in Kalli some day! She grows up and finds out she is sick. Marijuanna helps her, but it is illegal where she lives. She decides to invest in her medication and makes half a million! Now she can move to her dream place and be legal at the the same time ;)

  • painkills2

    The company with the best consumer product (and ad) will corner the market.
    Like, Sativa Monster Energy Drinks (Budberry, Green Ganja, and Gold Nugget flavors).

    • Norman Gates

      … No advertising to kids even NORML is against that not to mention Monster drinks and Redbull recently had a congressional hearing about targeting the youth on c-span. I am not saying I am against flavors and candies, but I think that it has to be done in a mature manner at this point in history …

      • painkills2

        I looked into the future, thinking that some low-grade marijuana drinks might have the same advertising equality as beer, wine, alcohol, sugar and caffeine. I just don’t see how you can keep kids from seeing all kinds of advertisements, especially on the internet. You could argue that direct-advertising to kids should be curtailed, but what exactly does that mean? Will commercials need a rating system now?

        • Norman Gates

          … Consumers need to avoid predatory packaging aimed at our children like I said I am all for flavors and such, but the products should be marketed to a more mature demographic in my opinion. I know cannabis is safe, but as a community I think we should learn from the mistakes of other industries and make them raise their standards …

          • painkills2

            You’re right, of course, cannabis should rise above the status quo (while, at the same time, questioning that same status quo)…

          • Al Wolf

            you may want to learn more yet. imo everyone from birth to death should be allowed to consume some form of cannabis.

          • Norman Gates

            … I agree which is why I invest in MJNA who like to say, “It’s About Getting Healthy Not Getting High.” If you have an endocannabinoid system then you require cannabinoids to run efficiently. Just like a cigarette shop needs cigarettes to run effectively …

        • dee bag

          marijuana should be treated like tobacco as far as advertising goes.

          • painkills2

            Smoking marijuana, sure, but what about edibles? What’s wrong with a commercial for a cannabis bakery? (Did you see the Saturday Night Live skit with this? Hilarious.)

          • dee bag

            haven’t seen it yet, will have to check it out, hehe. IMO marketing and advertising of marijuana (smoked or eaten) shouldn’t be allowed. Everyone gets on me about mentioning “the children”, but they are sponges that don’t need to see 18 years of commercials about chocolate weed brownies. just my 2 cents.

          • painkills2

            Children see a lot of commercials for products that are unhealthy and dangerous. I wonder how familiar your average American kid would be with names like Miller and Coors, or Coke and Pepsi, or even Pfizer. And, Lucky Charms may be magically delicious, but you might as well feed your child spoonfuls of table sugar. Do kids these days even watch TV commercials? Or are they seeing all the uncensored ads on the internet?

          • cmiller

            If TV and Internet were around back when alcohol was illegal, the same thing would have been said. Not saying you are wrong, maybe you think alcohol shouldn’t be advertised as well (you are absolutely entitled to your opinion), but if it does become legal around the country, then it will eventually become just like alcohol in every way in my opinion.

  • wimteedee

    All I know is spreading it across the board at these low price stocks is not a bad Idea. Last week I took $500 and did this, I am almost $15,000 richer this week, I am not trying to convince anyone, get it while you can, this latest stock flair up won’t last long, they usually don’t, until the next state goes legal

    • Lucy

      Wimteedee, which stock did u purchase?

    • Matthew Wimer

      I just decided to join stocks, what is the best number to call to start buying across the board right now?

  • Scott

    I have invested $900 to date in three marijuana penny stocks. I have profited at the time of this post, over 5k on my investment. MJNA, ERBB, HEMP, respectively have yielded huge gains.

  • Jayman

    November of 2012 I opened an account on ameritrade. They gave me free trades for 60 days. I bought like $5 and $10 worth of 10 marijuana stocks. First of the year a buddy of mine told me about another one that was making nice gains already in 2014 (Phot) – So I bought $200 of it. 2 days ago, the Phot was worth $400 – One of my $5 stocks GRNH was worth $25. So I sold half the Phot and bought $50 more of GRNH. Yesterday the GRNH was worth $250. I sold all of it then put all but my original $ into appx 8 different pot stocks. As of today all investments are green for appx $1500 profit and all my original money back in pocket. Free Rolling from here, I’ll let them all ride. Eventually all the states will legalize it and several of these stocks will shoot to the moon.

    Look at what GRNH did. It was .04 eight days ago. It went over $1 today and now sits at .80 – If you had bought $100 just 8 days ago, it would be worth $2,000 – This is just the tip of the iceberg, wait and see what happens if California legalizes it. Then more states to follow. So don’t think you missed the boat. Get in now and just watch what happens over the next 5 years.

    BTW – the Phot I sold half of is now tripled worth $600. Should of waited another day :)

  • Daniel

    PHOT and ERBB ater a couple I got into 2 weeks ago and made thousands. Took some profit from each. Checking out LATF and FITX

  • Daniel

    PHOT and ERBB ater a couple I got into 2 weeks ago and made thousands. Took some profit from each. Checking out LATF and FITX

  • keithb

    Did some weekend digging into the marijuana stocks….

    Looking on Etrade at the past 10 year history of these stocks, it’s clearly obvious that most used to be ridiculously inflated.
    Medbox in the year 2001, after reverse stock splits, would have been trading at $211,000 a share.
    vs. the peak of $90 a few days ago, would be a 2300 to 1 decrease ratio.

    RFMK in 2002, would have been around $35,000 a share
    vs. the avg price of .001 a share, would be a 35Million to 1 decrease ratio.

    CBIS in 1998, would have been around $51,000 a share.
    vs. a price of .12 a share, would be a 425000 to 1 decrease ratio

    Were these classic pump and dump stock scams back in the day?
    Or did they just tank because the public thought marijuana would never become legal?

    Check out Growlife, ticker symbol (PHOT)
    website growlifeinc.com
    The farthest back I found was 2004.
    It first came out at only $14 a share.
    vs. todays price of .25, this is only a 56 to 1 decrease.

    Instead of a pump and dump, could it have just been poor initial marketing for the stock, or like Facebook, a wrong starting price point for the stock? Or maybe lack of faith that Marijuana would be a 56 to 1 long shot to one day become legal?PHOT is not only a legit company but to me looks like one of the only marijuana stocks with potential to possibly invest in for the long run.
    Disclosure: I currently own shares of PHOT, and RFMK

  • keithb

    Did some weekend digging into the marijuana stocks….

    Looking on Etrade at the past 10 year history of these stocks, it’s clearly obvious that most used to be ridiculously inflated.
    Medbox in the year 2001, after reverse stock splits, would have been trading at $211,000 a share.
    vs. the peak of $90 a few days ago, would be a 2300 to 1 decrease ratio.

    RFMK in 2002, would have been around $35,000 a share
    vs. the avg price of .001 a share, would be a 35Million to 1 decrease ratio.

    CBIS in 1998, would have been around $51,000 a share.
    vs. a price of .12 a share, would be a 425000 to 1 decrease ratio

    Were these classic pump and dump stock scams back in the day?
    Or did they just tank because the public thought marijuana would never become legal?

    Check out Growlife, ticker symbol (PHOT)
    website growlifeinc.com
    The farthest back I found was 2004.
    It first came out at only $14 a share.
    vs. todays price of .25, this is only a 56 to 1 decrease.

    Instead of a pump and dump, could it have just been poor initial marketing for the stock, or like Facebook, a wrong starting price point for the stock? Or maybe lack of faith that Marijuana would be a 56 to 1 long shot to one day become legal?PHOT is not only a legit company but to me looks like one of the only marijuana stocks with potential to possibly invest in for the long run.
    Disclosure: I currently own shares of PHOT, and RFMK

  • Bryan Leigh

    WTII…Water Technologies, Inc. Announces First Orders for the Company’s Custom Air Cooling Products for Licensed and Approved Medical Marijuana Grow Operations in Arizona GR8 Water Enters the Medical Marijuana Equipment Market and Ships a Custom Commercial Cooling Unit

  • This was a great thread, I have other ticker symbols (companies) to consider. Ive made $1,400+ profit (on penny stock!) in a few days on the 5 stocks I choose, based on the Huffington posts articles and other research. My intent is holding for 5 years. Im buying 3000 shares of each and will get more. The thing is that the Federal Government CAN seize these investments, that is the only risk I see here. These stocks are the next oil boom, the next Apple, the next Gold run….ya know ITS huge tax money for the each State, income for the schools, takes the drug money out of the Cartels hands, decriminalizing (freeing up the prisons for real offenders) & ending prohibition….

    • Harold

      .Look at TRTC,MJNA,CANV, PHOT, ….

    • Gees

      I agree and if the Feds change the banking rules which I expect them to do in the next year. These stocks will take off. Keep an eye in cbis, fitx, hemp, erbb and ICbu.

      • I have CBIS its in Colorado after all, and they are partnering with MDBX. The bigger hopefuls and so far running well are HEMP, PHOT, MJNA, GRNH. Im not so sure and just got a few shares of CBDS, and thoughts about them specifically? I think ERBB is iffy but I got inot them big anyway so cheap nothing to loose much…
        FITX: Creative Edge Nutrition, Inc. (CENergy) is a publicly traded company now under the symbol FITX

        ICBU on search says it is flat and dipped 40% down

        Here is a screen shot from Jan of all the related stocks.

        Anyone have any insight i really like feedback.

        dipping nearly 40% from the open, it recovered and ended the session mostly flat, three cents in the red
        Read more at http://www.wnd.com/market-overview/#70zx9SWTW4ZTa4AM.99
        dipping nearly 40% from the open, it recovered and ended the session mostly flat, three cents in the red
        Read more at http://www.wnd.com/market-overview/#70zx9SWTW4ZTa4AM.99

  • juan

    U blog sucks,u dont know what u talking about,weed stocks are here to staythe only thing u do is just talk about how bad this sector is,guess what in the last week i made over 80 grand un profit,about that can u do better than that, stop talking ,u dont even make sense,

    • virginia

      Im not sure you make sense the information tells you to take it or leave it and your just saying that you made 80 grand and didn’t prove it . its in the pudding , either invest or don’t its your choice.

    • Harold

      I made 40k aswell ….Look at TRTC,MJNA,CANV, PHOT, ….

      • Gees

        I haven’t made that much but I did make 250 in last week.

    • cmiller

      trading is not investing idiot.

  • Bill Conway Sr.

    Maybe Juan should learn to spell before he disrespects your blog?I dunno!

  • VIN Devilskyvin Wu

    give him a break, he is medicated, so am I.. lol

  • Daniel

    A couple of new marijuana penny stocks I came across that on many listings ICBU and EXMT. Any one out their familiar with these companies?

    • Gees

      These two stocks have strong buy ratings.

  • Daniel

    I meant are not on many stock list

  • Richard S. Bank

    Do you know any stock symbols?

    • harold

      mjna,trtc,phot,grnh , cbis,canv are the leaderrs

  • TD1000

    I bought stock in Altria, which is one of the major cigarette manufacturers. I thought that once the states started approving the sale of medical marijuana this stock would go through the roof. Cigarette sales are down due to the decline in consumer sales I thought that now the major cigarette companies would jump on board as they have the land and cultivating equipment to produce “Greens”. I don’t understand my stock is just going down, down! What seemed like a no brainer to me just isn’t panning out. Can anyone out there explain to me why the cigarette companies are not taking advantage of the opportunities that are rapidly becoming available?

    • George

      Because they make cigarettes not weed.. its not even close to the same process and most of them are not located in states that allow them to grow pot. Obviously with states making pot legal significantly less people will buy cigarettes because who the fuck would smoke bogies when they could be smoking the ganja

  • Michele

    I want to start invest in stocks, not any stocks weed stocks… but I need some learning to do first. Someone here can give me some homework? Thank you. Peace!!!!!!11

  • think about it

    1 reason to invest…profit… we know these some of these company will make a lot of It .. its nature… living creatures will fill any gap they can to survive…. economics works the same way.. if there is profit to be made… it will be made… and as marijuana is the most popular crop cash crop in the world, there is a huge demand, and we have an untapped market, we know some company’s are about to become big time… and there stocks will skyrocket…. we just need to math out the good picks and how much to invest were.. and when to cash out when ready.
    We know, that a bunch of marijuana stocks are going to be coming out and sky rocketing… we know a bunch of baby company’s are about to grow up fast… we need to find the areas and company’s likely to hold it together and have good or explosive growth. we know we have an untapped market that will prove very popular… sales will be abound…. company’s that grow quickly and there stocks with them will be plentiful… now just math out what stocks are likely to do best and diversify for protection and opportunity

  • MrKevinSD

    I’ve been investing in Marijuana stocks for over a year. I have made some insane gains. We are at the beginning of a new commodity – The Marijuana Commodities market. This billion dollar industry is going mainstream. The opportunity for profit is insane!
    http://www.theganjaguru.com