Buy Weed

In the wake of Colorado and Washington legalizing Marijuana for recreational use you're out-dated and crazy if you think there's no money or future for the Cannabis Industry. You're also crazy to ignore Peyton Manning telling us he's benefited from legal Pot Business and an Alaskan News reporter quitting on air with a hint at her conversion to the Weed business. To show you all what I mean when I say this blog is the New Generation of Finance I'm going to write a short report on 3 cannabis stocks that could work for any investor and their strategy. Whether you're a day trader, swing trader, or equity investor these stocks will work for you.
Consistency- If you're looking for a consistent stock that could earn you a healthy profit I would look towards a business with a product, service, and outlet for their business. MedBox (MDBX) is a great example of this kind of company because they make automated dispensing solutions for medications, including marijuana. So if it makes you feel any better their sole business is not cannabis alone. They also have the largest capitalization of all cannabis linked stocks with a $1.2 billion capitalization and does not file with the SEC. Below is a chart which shows a cycle of slow slow sell offs lasting months with the strongest support of any instrument I've ever seen and it looks as if this is what happens year after year.

Volatility- If you're interested in some action on a weekly basis I would look towards GW Pharma (GWPRF), one of the few cannabis stocks that trades on a major exchange (Nasdaq). This company is based in the UK and is biotech. They develop cannabinoid medications primarily for multiple sclerosis and cancer. They too have one of the largest market caps at $930 million. The daily chart below shows me this stock has been supported and respected in the markets. Since its IPO it has not turned around and has only elevated.

At closer examination on the 60 min chart below we clearly see the fun part of this story. The pair creates predictable and trade-able GAPS!! This might seem scary but you must look at the bigger picture. An uptrend since inception.

Value- Our value cannabis stock of the day is a company by the name of mCig (MCIG). They create an interesting product which is a $10 mini-vaporizer for dry Cannabis or Cannabis Wax. The best part about this company is that they didn't release their first generation of products until October of this year and from the daily chart below we clearly see how the markets have responded. In my opinion this stock is an excellent value. The company is just getting started, has a good product that it actually sells, its stock price exploded but is giving investors an opportunity to jump in where we see the price come back to its long term resistance level that seems to be acting as support. From these levels you're looking at growth that could be passed down to the generation Y's in your family.