Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Three pots of pot bloom with potential upward trend


After he had been on stage with considerable fanfare a few years ago, much of the hype around Cannabis shares has a tacit way, and the stock prices have largely followed. Here we examine three profitable and cheap cannabis shares that offer investors long-term value and potential upward movements: Turning Point Brands (TPB), Aurora Cannabis (ACB) and Jazz Pharmaceuticals (Jazz).

Cannabis was illegal for decades and sees the light of the day after the deregulation in the United States, Canada, Australia and Europe has been captured in the past ten years. Cannabi shares, also known as Pot shares, understandably have emerged to increase the enormous pent-up demand for cannabis products. Regardless of whether it is medical, industrial or leisure workers, the cannabis market is now a commercial unit that is monetized in the USA and Canada.

In the United States, the cannabis market has cooled down after an initial thrust after legalization. The Advisorshares Pure Us Cannabis ETF (MJUS), the US Cannabis shares, were traded in early 2021 with over $ 50 per share, but were now traded for only $ 2.68. Tilray Brands (Trry), one of the earliest and most traded, publicly traded cannabi companies that are traded for over $ 145 per share at the end of 2018, but today it costs less than one dollar. It is difficult to understand how bad many of these pure cannabi shares played.

Tilray (Tlry) against S&P 500 (spy)
Tilray (Tlry) against S&P 500 (spy)

While it was difficult to invest in the industry, the industry still has potential – Freizeitmarihuana is legal in 24 US states (Plus Washington DC), while medical marijuana in 39 is legal (it is important to note that the Federal Government is still classified as a medicine as a medicine). Grand View research predicts that the global legal cannabis market will grow to 102 billion US dollars by 2030, which is suitable for an impressive 25.5% CAGR.

For investors who are still interested in the industry and get to the room, the good news is that the sector has matured, and there are many innovative opportunities to invest in IT instead of speculating about questionable stocks with little profit.

Turning Point Brands (TPB) is an interesting way to enter the cannabis room. It is not a pure cannabis company, it sells zigzag rolling papers and is part of the industry. It is also included in the Global Cannabis Stock Index from New Cannabis Ventures.

Leave a Reply

Your email address will not be published. Required fields are marked *