5 U.S. Cannabis Stocks To Watch In 2019

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. 

The United States cannabis industry is one of the most exciting growth opportunities available for investors and we have been closely monitoring this burgeoning market. During the last year, the industry has recorded significant growth and the companies levered to this market have benefited from this growth.

2018 was a banner year for the United States cannabis industry and we expect 2019 to be even more significant. Today, we have highlighted five companies that have been capitalizing on this burgeoning opportunity and that are well positioned for growth from here.

Liberty Health Sciences: An Undervalued Execution Story

Liberty Health Sciences (LHS.CN) (LHSIF) is one of the most underappreciated growth opportunities and this is a company that investors should be watching. Liberty Health has significant catalysts for growth and is in the middle of a major expansion in Florida. The company is also capitalizing on the Ohio medical cannabis market.

The Florida medical marijuana market represents a massive opportunity, Liberty Health is athorized to open up to 30 dispensaries in the state. Currently, the company operates seven dispensaries and six delivery hubs and expects to open another seven dispensaries by the end of February.

In late 2018, Liberty Health opened several new dispensary locations and we expect fundamentals to significantly improve over the course of 2019. The company operates a state-of-the-art cultivation facility in central Florida that is in the middle of a major expansion. Once construction is complete, Liberty Health will be Florida’s largest cannabis producer and this is an important aspect of the story. The company will have the capacity to support its dispensary locations in Florida and we are bullish on the growth prospects going forward.

In December, negative reports were issued on Aphria (APHA.TO) (APHA) and this put considerable pressure on the company. Since the weakness was not based on fundamentals this created an opportunity for investors to look at a high-quality cannabis company with massive growth potential. When compared to its peers, Liberty Health is trading at a significant discount and this is an opportunity that investors should be watching.

Plus Products: A Leading Cannabis Edibles Company

Plus Products (PLUS.CN)(PLSPF) is a leading cannabis edibles manufacturer in California that has been executing flawlessly on a major expansion. Demand for smokeless cannabis products continues to increase and Plus Products has been a beneficiary of this trend. The company’s products are carried by leading dispensary chains across California and by delivery service companies such as Eaze.

1 2 3 4
View single page >> |

Disclosure: This report was authored by and is property of Technical420. All information and data relied upon in drafting this report is publicly available. The author believes and considers its ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.