2 Things you must know to invest in cannabis stocks

Are You Ready To Get Positive?

Share on facebook
Share on google
Share on twitter
Share on linkedin

2 Things you must know to invest in cannabis stocks

    Before you trade stocks, there are some things you need to know. This article should guide you.

What business are they in?

      Some cannabis companies will deal in either medical or recreational marijuana. Right now, the producers whether large or small in Canada are into medical-cannabis only. A lot of the companies that make money from marijuana do not care about the recreational market. Some like GW Pharmaceuticalshave built a reputation of being more of a drug company than a recreational-cannabis producer.

      When you want to invest in cannabis stock, you should be sure the company you choose is concentrated on Cannabis, and not something else.

How much cannabis are they growing and at what cost?

Another thing you must know or check before investing in marijuana stock is the amount of cannabis they are growing and at what cost.

     In Canada for instance, every cannabis company states its quarterly financial statements of how much pot it has grown and sold. These statistics are very important because they show how much the company can sell and grow.

Investors in the marijuana stock sector should be able to know how much the production of each product costs, and how much it is sold, like in every business. Some marijuana companies use the cost-per-gram metric, which is not a very clear way of disclosing statistics. Others do not disclose at all, while some break their stats down to cash cost-per-gram.

Before investing in marijuana stock, you should decide which company suits you, compare their quarterly changes, know how much input and effort a company is putting in their production, and carefully select from them. Doing this would ensure that you stay on the safe route when you trade marijuana stock.

Positive Stocks Podcast Guests

Guests for the Podcast Include: The Positive Phil Podcast & Videocast Show is accepting guests and we wanted to share it with you. Past guests include Jigar Shah, Founder of Generate Capital, Bill Masters Kayak & 3D Printer Inventor, Sarina Prabasi CEO of WaterAid, JJ Ramberg MSNBC Anchor & CEO of The Good Shop, Wayne Kimmel Venture Capitalists for 76 Capital, MD Jeff Thompson CEO of Gunderson Health Systems and over 450 other ambitious individuals. 80K downloads 2019 YTD You can learn more about the show, check out stats, view past guests and schedule the for the show by following this link. positivephil.com/record-podcast/ Best, Joe Dumar www.podcastconnector.com Bill Masters is an American engineer, inventor, manufacturing entrepreneur, and business advisor and mentor. He is widely known as the father of modern kayaking, but lesser known is he’s also the father of 3D printing, holding the first 3D patent filed with the ...
Learn More

Amarin (AMRN) Gains As Market Dips: What You Should Know

Amarin AMRN closed at 17 35 in the latest trading session marking a 1 46 move from the prior day This move outpaced the S amp P 500 s daily loss of 0 27 Elsewhere the Dow lost 0 41 while the tech heavy Nasdaq added 0 09 Heading into today shares of the biopharmaceutical company ...
Learn More
Loading...
Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Play Video

Listen to the Podcast

CHECK OUT CEO INTERVIEWS

[yourchannel user="Positive Stocks"]
Positive Stocks
Positive Stocks Investor Awareness
About the Author
We Specialize in Covering MicroCap Stocks, Small Cap Stocks & Providing Small Cap Investor Relations / Investor Awareness - CEO Podcast & Video Cast, With Real Time Stock Alerts, Exclusive CEO interviews. Learn more with our Investing Tools, not just for the Small Cap Investor. www.positivestocks.com

Enjoy this blog? Please spread the word :)

%d bloggers like this: