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Hello Visitor,
Hempy Holidays from Invest In MJ #IMJ
There has been a lot of excitement in the Canadian medical marijuana industry lately, many of the company share prices have risen as a result of the recent Liberal Party election win and Justin Trudeau's pro stance on marijuana legalization in Canada. We will be sharing out thoughts on this election outcome and what it means for the licensed producers in Canada in the coming weeks and year ahead.
The chart below shows the Marijuana Index Canada and it's performance over the last six months, we can clearly see a rise going into the elections and the recent drop after the Liberal Party win. Looking at the share price performance over the last month, the rise and fall of this index will give us clues and investment opportunities in the US market as we head into the United States election in 2016.
We expect a similar rise in cannabis related stock price (US and Canada) by the spring of next year, then a retreat into the summer followed by another rise by the end of 2016. We will explain our thoughts behind the stock price movements for next year in an upcoming special report.
As we approach the new year, 2016 will be an exciting time for many of the US listed stocks. If marijuana legalization becomes a hot topic of debate, then we can expect a significant rise in many of the companies share price. We at Invest In MJ, will be providing more coverage on the sector and the companies involved over the coming months. Here is a chart on how the MJ sector in the U.S. has performed over the last six months.
Latest Company News in the Cannabis Industry
DigiPath (DIGP) Earns Mention in "Bullish" Bank of America Merrill Lynch Research Report on Cannabis Investment Opportunities
PharmaCan Announces In The Zone Produce Ltd. Receives Approval for MMPR License Amendment From Health Canada
Nutritional High Announces Warrant Extensions, Option Issuances and Debenture Agreement Amendment
Marijuana Derivative Reduces Seizures in Children and Young Adults with Treatment-Resistant Epilepsy
Mettrum Announces Closing of $7 Million Credit Facility With Farm Credit Canada
OrganiGram Announces Closing of Financing and 70% Sales Growth
Cannabis Science Releases Cannabinoid-Formulated Capsule Product Line in California; Initial Capsule Formulations Released Are CBD, Indica, and Sativa
Health Canada Issues a Sales License to Aurora Cannabis Inc.
Wahgoshig First Nation Announces Unique Community Partnership Investment With DelShen Therapeutics
PharmaCan Notified of Update on the Closing of Sale of Shares of Peace Naturals
Purple Haze Properties LLC Announce New Jimi Hendrix Themed Licenses With Zippo, California Finest And E-Njoint Vaporizers
The company is in a unique position of being a leader for hemp based CBD products.
What makes the company unique... it produces and sells a product that is 100% legal in the United States and can be sold all throughout America, unlike marijuana which can only be sold in states which have approved it for medical or recreational use. The company has had significant sales in 2015 and they expect a growth rate of several hundred percent in 2016. The stock price is currently trading less than 1 x sales and the upside potential for investors can be rewarding in 2016, take a few minutes to ready why.
If you want to stay informed on the latest company news and press releases, visit IMJ News Wire, where the latest news from MarketWired and PRNewswire is published daily in real time.
Watch The Best MJ Related Videos on our Community Video Channels.
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