Discover the Top 3 Marijuana Stocks to Watch

Table of Contents

1. Introduction
2. The Growing Marijuana Industry
3. California's Legalization of Marijuana
4. Overview of Marijuana Company of America (MCOA)
5. The Potential of MCOA in the Canadian Market
6. Analysis of Cannabis Biosciences Inc. (CBIS)
7. Weed Maps and the Success of CBIS
8. KSHB: The Preferred Packaging Provider in the Industry
9. Investing in KSHB and Its Potential for Growth
10. Conclusion

Introduction

In recent years, the marijuana industry has experienced significant growth, fueled by the increasing legalization of recreational and medical cannabis. California, in particular, has been at the forefront of this movement, with a plan to make recreational marijuana legal by January 1, 2018. As a result, there has been a surge in interest and investment in marijuana stocks. This article aims to provide an overview of three marijuana companies that Show promise in this evolving industry. We will discuss Marijuana Company of America (MCOA), Cannabis Biosciences Inc. (CBIS), and KushCo Holdings (KSHB), highlighting their potential for growth and the factors that make them attractive investment options.

The Growing Marijuana Industry

The marijuana industry has experienced remarkable growth in recent years, driven by changing public opinion and the legalization of marijuana in various states. The expansion is not limited to the United States, as countries like Canada are also moving towards legalizing recreational marijuana on a national level. This evolving landscape presents investors with an exciting opportunity to enter a market with high growth potential.

California's Legalization of Marijuana

California plays a significant role in the marijuana industry due to its sizeable economy and forthcoming legalization of recreational marijuana. The legalization of marijuana in the state is set to take effect on January 1, 2018, which has sparked a considerable increase in interest from investors. As a result, marijuana stocks are expected to experience a surge in value as the market continues to expand.

Overview of Marijuana Company of America (MCOA)

Marijuana Company of America, also known as MCOA, is a California-Based company that engages in medical marijuana production. Additionally, MCOA operates a subsidiary called HempSmart, which focuses on clothing and accessories made from hemp. With a market capitalization of $51.94 million, MCOA stands out among its competitors. They also have their sights set on the Canadian market, with plans to collaborate with a company called Space Cowboys.

The Current price of MCOA shares is $0.025, making it an affordable option for investors. Considering past performance, where shares reached as high as $0.20, a price target of $0.10 is reasonable. By investing in MCOA, investors have the potential to quadruple their profits, especially if they enter the market at an opportune time.

The Potential of MCOA in the Canadian Market

While MCOA primarily operates in California, they understand the importance of expanding into the Canadian market. Marijuana legalization in Canada has garnered significant Attention, as it presents a massive opportunity for companies in the cannabis industry to access a new, larger market. MCOA's collaboration with Space Cowboys positions them well to make the most of this potential expansion.

Analysis of Cannabis Biosciences Inc. (CBIS)

Cannabis Biosciences Inc., known as CBIS, is another California-based company that operates in the marijuana industry. As a subsidiary of WeedMaps, CBIS has gained recognition for its pharmaceutical products derived from cannabis, specifically for treating cancer and HIV. With a market capitalization of $76.92 million, CBIS is a significant player in the industry. They have substantial acreage in California and Nevada, with Nevada already benefiting from the legalization of recreational marijuana.

CBIS currently trades at $0.03 per share, making it an enticing investment option. Considering its previous high of $0.18, a conservative price target of $0.10 is realistic. By purchasing CBIS shares, investors have the potential to double their investment.

Weed Maps and the Success of CBIS

WeedMaps, a popular smartphone app, provides users with information regarding the availability of marijuana in their vicinity. As a subsidiary of WeedMaps, CBIS benefits from the exposure and recognition generated by this app. Additionally, WeedMaps contributes to CBIS's success by connecting users with dispensaries and ensuring a seamless experience for marijuana consumers.

KSHB: The Preferred Packaging Provider in the Industry

KSHB, also known as KushCo Holdings, is based in Santa Ana, California. While KSHB does not focus on marijuana production, it specializes in packaging solutions for the industry. As the preferred packaging provider, KSHB aims to become a mainstream and sole packaging provider, catering to various products ranging from edibles to traditional marijuana products. With a market capitalization of $111 million, KSHB has established itself as a major player in the industry.

Shares of KSHB are currently priced at $1.90, making it a penny stock with significant growth potential. A conservative price target of $4.00 is projected, offering investors a return of 100% on their investment. This makes KSHB an attractive option for investors seeking reasonable profits with relatively lower risk.

Investing in KSHB and Its Potential for Growth

KSHB's focus on packaging solutions for the marijuana industry presents a unique investment opportunity. As the industry continues to grow, the demand for specialized packaging will inevitably increase. By investing in KSHB, investors can participate in the industry's growth while minimizing their exposure to the uncertainties of marijuana cultivation and product development.

Conclusion

The marijuana industry's rapid growth presents investors with numerous opportunities to capitalize on this emerging market. Companies like MCOA, CBIS, and KSHB show promise and have the potential to generate significant returns for investors. With California's upcoming legalization of recreational marijuana and the potential for nationwide legalization in Canada, investing in these companies at the right time could yield substantial profits. However, it is crucial for investors to conduct thorough research and make informed decisions based on their risk tolerance and investment goals.

Highlights

• The marijuana industry is experiencing significant growth due to changing public opinion and legalization efforts.
• California's forthcoming legalization of recreational marijuana on January 1, 2018, has attracted substantial interest from investors.
• Marijuana Company of America (MCOA) operates in the medical marijuana sector and has plans to expand its presence in the Canadian market.
• Cannabis Biosciences Inc. (CBIS) specializes in cannabis-based medicines for cancer and HIV treatment and stands to benefit from its affiliation with WeedMaps.
• KSHB, or KushCo Holdings, focuses on packaging solutions for the marijuana industry and presents a unique investment opportunity.
• Investors must carefully evaluate the risks and potential returns before making investment decisions in the marijuana industry.

FAQ

Q: Is investing in marijuana stocks a wise decision? A: Investing in marijuana stocks can be a lucrative opportunity due to the industry's growth potential. However, it is crucial for investors to conduct thorough research and carefully assess the risks associated with this evolving market.

Q: What factors should I consider before investing in marijuana stocks? A: Before investing in marijuana stocks, it is essential to evaluate factors such as the company's financial health, market position, potential for growth, and regulatory environment. Additionally, staying informed about industry trends and developments can help make informed investment decisions.

Q: What are the risks associated with investing in marijuana stocks? A: Investing in marijuana stocks comes with certain risks, including regulatory uncertainties, market volatility, and competition. The industry is subject to changing legislation, which can significantly impact the performance of marijuana stocks.

Q: Should I invest in small-cap or large-cap marijuana stocks? A: Investing in either small-cap or large-cap marijuana stocks depends on your risk tolerance and investment goals. Small-cap stocks often have higher growth potential but also carry more significant risks. Large-cap stocks, on the other hand, may offer stability and a proven track record but potentially lower returns.