Top Three Best Performing Cannabis Stocks Over The Past Year

stock market

CALIFORNIA: SECFilings.com, a financial news and information portal offering free real time public company filing alerts, announces the publication of an article covering the top three best performing stock of the past year. Companies discussed are AXIM Biotechnologies (OTCQB: AXIM), Supreme Pharmaceuticals, and American Cannabis. #1: AXIM Biotech (+2,445.61%) AXIM Biotechnologies Inc. (OTCQB: AXIM) is focused on developing Read the full article…

Cannabis Industry Expects to Become the Next Biggest Market

Who wants to get involved in the legal cannabis business?

NEW YORK: After historical elections earlier this month, other states may be reconsidering their stance on legalization of Cannabis for medical or recreational use. Currently, there are gaps among states concerning cannabis legalization reform and the difficulties for both the government and the businesses involved as 20 percent of Americans can now lawfully use Cannabis. Read the full article…

Merrill Lynch Is Bullish On Marijuana

Carefully researched, it was an interesting peek at how heavy hitters on Wall Street are starting to view the expanding industry

NEW YORK: The investment arm of Bank of America, Merrill Lynch, sent out a 45 page equity report last week focused on prospects related to marijuana. Carefully researched, it was an interesting peek at how heavy hitters on Wall Street are starting to view the expanding industry. The document is not publicly available. It was leaked to Read the full article…

Buying Legal-Marijuana Stocks: Just Say No?

Despite the lack of liquidity, investors are curious about investing in cannabis.

DISTRICT OF COLUMBIA:  Marijuana legalization in multiple states has ushered in a variety of companies and funds that are selling shares. But should you invest? Marijuana-related securities have arrived in the form of over-the-counter or penny stocks and special funds for accredited or high-net-worth investors. Some investors have been playing this market for several years Read the full article…

Delusional Confidence? A Report From The Marijuana Investor Summit

All were convinced that the ongoing legalization of marijuana has created an opportunity for people with a high tolerance for risk to make a killing.

COLORADO: “When we want to raise capital,” Dooma Wendschuh, the thirty-eight-year-old co-founder of a cannabis company called ebbu, said, “I go up to someone and say, ‘Would you like to invest in my company? Here’s how it will work. One: you may go to prison for making this investment. Two: I may go to prison, and Read the full article…

MJX Marijuana Index To Feature NYSE Distribution With 3 Unique Tickers

The legalized marijuana business is likely to hit $10 billion in 2015 alone.

CALIFORNIA: MJX Marijuana Index has been acquired by MJX Ventures, through a new partnership with Interactive Data, a global leader in asset valuations, data, and index management.  According to press releases, MJX Marijuana Index will now feature three unique NYSE tickers with distribution on NYSE’s index system. Combined with robust third-party data feeds provided by Interactive Read the full article…

Growlife Halted; Marijuana Penny Stocks Doomed

SEC had finally gotten off their butt and was suspending trading in this stock while they investigate the company’s stock trades “because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT’s common stock.”

NEW YORK:  I warned you. Over and over, frankly, and consider this yet another warning. Stay away from hyped-up penny stocks, which so far this year has meant specifically staying away from the marijuana-weed-pot penny stocks, most of which even at this moment, are still up many hundreds of percent in the last year. Most Read the full article…

Bloom Off Of Pot Stocks On Wall Street

marijuana mania continues to fade as investors realize there's more smoke than fire at many companies, which show "pot-tential" but little actual revenue.

NEW YORK: Wall Street seems to be losing its appetite for pot. Marijuana stocks were high flyers — so to speak — after Colorado and Washington states legalized pot sales and several other states announced they may legalize sales or decriminalize possession. Shares in about 20 marijuana-related companies began soaring, with some gaining more than 500% Read the full article…

The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High

The average daily volume of about 10,900 shares has been light this year, but someone is buying the stock and the $117 it closed at on Friday makes Mackay the world’s first pot stock billionaire thanks to his 15.7 million shares in CannaVest.

NEVADA:  You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire. Mackay’s holdings in CannaVest, which bills itself as the world’s leading hemp-based investment company, are valued at Read the full article…

Temper Your Excitement For Pot Stocks

“If it’s legalized in a number of states, there certainly is a large potential for companies in this industry, whether you agree with it or not,” said Brian Bruce, chief executive and chief investment officer of Hillcrest Asset Management LLC in Dallas. “If suddenly you have 10 states where it’s legal, there’s good revenue potential there.”

NEW YORK:  It was only a matter of time before this subject came up: What types of investment opportunities does the fledgling legalized marijuana industry offer? Whatever your position is on legalized marijuana, there’s no question that this is an industry that’s got many people seeing huge dollar signs for the future. In 2012, Washington Read the full article…