Now That Cannabis Is Legal in Canada, Marijuana Stocks Have to Prove Themselves

Adult recreational marijuana use is now legal in Canada. While Canadian cannabis stocks have hogged much of the spot light in the lead up to October 17, 2018, they now have to prove they’re worth the hype and sky high valuations. Not all weed stocks are created equal, some have better long-term potential than others. And there’s some great, smaller cannabis stocks many investors have overlooked. They key is knowing where to look and how to evaluate their potential.

Marijuana Stocks to Watch

Most analysts think recreational marijuana use will become legal in Europe in the next few years. New Zealand will hold a referendum by 2020 on whether or not to legalize adult-use marijuana. Meanwhile, Germany, Italy, The Netherlands, South Africa, and Mexico could also legalize cannabis in the coming years. Then there’s the U.S., the world’s biggest economy; recreational- use marijuana could be legal south of the border within five years.

The question is, which weed stocks are best prepared to take advantage of not just the Canadian market, but the global markets?

The marijuana sector is very crowded and investors have been piling into every cannabis stock they can find for fear of missing out on the next big thing. The biggest players in the cannabis sector include familiar names such as Smith Falls, Ontario–based Canopy Growth Corp (TSX: WEED NYSE: CGC), The Scotts Miracle-Gro Co. (NYSE: SMG), Aurora Cannabis Inc. (TSX: ACB), Aphria Inc. (TSX: APH), CanniMed Therapeutics Inc. (TSX: CMED), and Tilray, Inc. (NASDAQ: TLRY).

There are lots of smaller players in the weed sector too, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), Liberty Health Sciences Inc. (CSE: LHS), Hexo Corp. (TSX: HEXO), and Pyxus International Inc. (NYSE: PYX).

Then there are companies like Australis Capital (TSX: AUSA), which target the U.S. marijuana market. Recreational weed might only be legal in nine states and Washington D.C. and medicinal marijuana is legal in 31 states, but the tides are changing.

Then there’s MariMed Inc. (OTCMKTS: MRMD), an overlooked full-service provider for weed companies. If MariMed was around during the gold rush in the 1800s, it would sell shovels. Instead, it’s here now, and taking advantage of the new gold rush. It specializes in securing and operating facilities, cultivation and production, layouts, designs, merchandising, sales, and financial planning.

These are just a few of the different marijuana stocks that are out there right now. There are dozens and dozens of others. Some have great long-term potential, many don’t. The more you know how to read charts, financials, and industry trends, the better equipped you are to be a confident, profitable trader.

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As Canada’s leading and oldest provider of stock market trading courses, the instructors are Learn-To-Trade.com can show you how to read charts, teach you about financials, cycles, commodities, futures, foreign markets, stock index trading, cryptocurrencies, blockchain technology, and forex trading. They’ll also teach you about risk management and capital preservation.

At Learn-To-Trade.com we also understand that no two investors are alike, that’s why we provide a unique, Lifetime Membership that allows you to re-attend any part of the program as often as you’d like.

To learn more about Learn-To-Trade.com’s stock market trading course, contact us at 416-510-5560 or by e-mail at info@learn-to-trade.com.

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George Karpouzis is the co-founder of Learn-to-Trade and has been personally providing education and mentoring to over 3000 members since 1999. George has been trading in the stocks, options, futures and forex markets using technical analysis since 1986. With the help of advancements in trading technology the Learn To Trade program is now accessible worldwide. His background and passion for teaching brings an invaluable asset to our members. George is constantly striving to improve the program content and develop new strategic relationships for the benefit of the members. Add me to your G+

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I wanted to let you know that I had taken your course in the fall of 2013. I took your advice and used demo accounts for the last quarter of 2013. I switched to real money trading account in the Near Year, when I finally felt comfortable. Following the lessons taught to me by you (don’t jump on a moving train, peaks and valleys, EMA..etc), I wanted to let you know that I have been successful beyond my own expectations. Thank you very much – taking the Learn-to-Trade course was, by far, the best decision I made in my business career.

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I took your course in 2008 and loved it. Since then I have been using what I learned at Learn-to-Trade to nicely supplement my pension income. Wanting a carefree type of trading, I have for the most part just sold options and made a monthly income which is a nice addition to my pension. I know I never would have made this kind of trading income without Learn-to-Trade. Thank you!

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Hi George, I just wanted to thank you again for the amazing work on the tutorials especially Options trading.   Prior to joining, I had underestimated the quality of the trainings but they certainly far exceeded my expectations. Only I wish I’d found you 5-10 years ago!
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