By NAN Business Editor
News Americas, NEW YORK, NY, Fri. Feb. 9, 2018: If ever there was a time to get into the marijuana market, that time is now. If you love weed and use it often, then why not invest in the thing you love? Makes perfect sense, especially with the rise in interest and potential of this market.
And you can do it easily now with stocks that won’t cost an arm or a leg. Here are three stocks to watch and buy:
1: Canadian Cannabis Corp. (CCAN)
This stock had a great day Thursday, jumping from .44 to .89, a 2.03 percent change. Formerly Gold Party Payday, Inc., this early stage Canadian company is engaged in cultivating, marketing and manufacturing medical marijuana products for sale in Canada. The Company focus is to offer approximately 15 different strains of dried marijuana, as well as the constituents necessary to produce edible and elixir products for medicinal use. The Company is also focused to produce chemical variants of products tailored to treatment protocols.
2: Aurora Cannabis Inc., (ACBFF)
This is the stock that most analysts in the field have been touting. The Canadian company, formerly Prescient Mining Corp, is in the business of producing and distributing medical marijuana pursuant to the Access to Cannabis for Medical Purposes Regulations (ACMPR). The Company’s primary business consists of the sale of dried medical cannabis and its principal market is patients who use medical cannabis in Canada. It is involved in the production and sale of medical cannabis, as well as patient counseling and outreach services and its sells dried medical cannabis by direct delivery to patients through physical delivery services, as well as ordering services through the phone and the Company’s online shop and mobile application. This stock has been peaking all year and with revenue of over 11 million for the second quarter of the 2018 fiscal year, it’s a stock to bag now. Especially since its now at 8.69 per stock, a price that is sure to rise again soon.
3: Future Farm Technologies Inc., (FFRMF)
Formerly Arcturus Growthstar Technologies Inc, this Canada-based company is engaged in the business of developing and distributing Agri-Tech Systems and light-emitting diode (LED)-based lighting solutions for both commercial and residential applications. The Company also owns and operates COBGrowlights.com, which caters to both large and small greenhouses and indoor cultivation individuals. It has just invested acquired stakes in five cannabis dispensary licenses in Puerto Rico so it’s the right time to buy. And at .73 cents per stock, it is still very affordable.