Which Marijuana Stock Could Be The First to $1 Billion?

There are already several high-performing marijuana stocks on the NASDAQ today, and some investors are already wondering, which will be the first to reach $1 billion in market capitalization?

Over the last couple years the marijuana industry has been growing like a– well– growing like a weed!

According to Forbes Magazine, at the marijuana industry’s current rate of phenomenal growth (even faster than the dot com boom of the 2000s), we can expect to see legal marijuana business sales north of $20 billion by the year 2021 just five years from now.

U.S. public opinion in favor of legal marijuana is more robust than ever and on an upward trend while 29 states have legalized medical marijuana and several of them like California, Colorado, Alaska, and Washington have legalized it for recreational consumption.

As the inevitability of legalized marijuana businesses nationwide becomes more and more apparent, and as marijuana business sales take off into the stratosphere in 2017, there’s already chatter out there about which marijuana business stock will be the first to top a $1 billion valuation.

The Motley Fool, a multimedia financial services company that employs 300 people in Alexandria, Virginia, providing financial and investment advice since 1993, has raised the question and says the five marijuana stocks most likely to hit that big triple comma stock valuation are:

1. GW Pharmaceuticals (NASDAQ:GWPH) – A cannabinoid-based drug developer that currently has the highest market cap by far of any marijuana stock.

2. Corbus Pharmaceuticals (NASDAQ:CRBP) – It’s more of a high-risk, high-reward stock than GW Pharmaceuticals, because if one specific clinical trial for a synthetic oral endocannabinoid-mimetic drug goes its way, Corbus could leap to $1 billion in annual sales with a medical marijuana treatment for cystic fibrosis, which is notoriously difficult to treat.

3. Canopy Growth Corp. (NASDAQOTH:TWMJF) – A Canadian producer and retail seller of medical marijuana products and oils. (Medical marijuana has been legal in Canada since 2001.) Canopy just completed its acquisition of Mettrum Health earlier this year, and got a 472,000 square foot facility for it that includes its current corporate headquarters, plus access to more medical marijuana patients.

4. Aphria (NASDAQOTH:APHQF) – Aphria is one of Canopy’s biggest competitors, and holds the distinction of being one of the most consistently profitable marijuana stocks after reporting five consecutive quarterly profits.

5. Aurora Cannabis (NASDAQOTH:ACBFF) – Aurora Cannabis has been light on profits lately, but only because of an aggressive round of expansion-based spending, which it says will increase its marijuana plant production capacity nearly ninefold, after investing in creating the most technologically advanced automated cannabis-grow facility in the world.

States Are Taking Steps to Encourage Minority Marijuana Entrepreneurs to Enter The Marijuana Industry

States have taken it a step further than legalizing marijuana: some are actually encouraging minority marijuana entrepreneurs to enter the market for legal marijuana sales and start their own marijuana businesses! Could we be living in better times for the cultivation, sale, and us of marijuana?

The kind of healing of old wounds and restitution for past injustices inherent in these policies is incredibly encouraging for the burgeoning legal marijuana industry. This is especially true after decades of drug prohibition laws that were enforced with a disproportionate effect of violence and repression on black and Hispanic communities in the United States.

In the Associated Press report on this welcome development for minority marijuana entrepreneurs, the AP featured a photograph of Andre Shavers and told his story.

Shavers, a black minority marijuana entrepreneur who runs a marijuana delivery business in Oakland California, is a living, personal example of the positive changes that have been set in motion by the ascendancy of the legal marijuana movement in American politics.

He was once sentenced to five years of probation on felony charges after police authorities broke into his house (in an area of Oakland with some of the most heavy-handed police enforcement) and found a quarter ounce of the harmless plant.

Now Oakland and other cities and states with legal marijuana laws presently on the books are making an effort to make amends to minorities for the damage marijuana prohibition has done to their families and communities.

According to statistics gathered by the Federal Bureau of Investigations, African-Americans accounted for 5.6 percent of the Golden State’s population, but made up a disproportionate 16 percent of marijuana arrests in 2015.

Oakland officials have now approved a policy that sets aside half of the city’s marijuana licenses for low-income residents who have been convicted of a marijuana crime or who live in a neighborhood ravaged by the fallout from the heavy handed prohibition enforcement.

In Washington state, where recreational marijuana businesses were legalized by ballot proposition in the 2012 election, Brian Smith, a spokesman for the Washington State Liquor and Cannabis Board, said the board is looking at ways to ensure minorities are well represented among licensees, including the use of targeted outreach to ethnic communities to diversify the licensee pool.

Just about 3 percent of retail marijuana license holders in Washington are African-American, roughly tracking the percentage of the population in the state where 3.5 percent of Washington residents are black. Like California, in 2015 African-Americans made up a disproportionate share- 11 percent- of marijuana arrests.

Florida Marijuana Company Invents Way to Grow Marijuana Faster, Without Soil

marijuana hydroponics

In the context of marijuana growing or not, you may have heard of hydroponic gardening, but a marijuana company in Florida is growing marijuana plants out of thin air in a process called “Aeroponics.”

A local Florida news affiliate is reporting that Tampa Bay is home to an agricultural revolution: growing plants without soil, sand, gravel, liquid, or any other substrate.

Although Aeroponics as a plant growing technique has been around for a while, used to grow lettuce and wheat with the plant suspended in mid air, roots exposed and everything, and nourished and watered with a nutrient rich mist, the St.Petersburg marijuana company has mastered growing the marijuana plant in record time using this technique.

Doug Fyvolent of Solaridy says aeroponics are have resulted in “Growing the plants 10 percent faster.” The marijuana company uses a ten-foot-tall proprietary “CropTower,” which makes good use of space as well, growing upward and not outward. Doug says they got the idea from NASA scientists researching methods of gardening in space and improved on their techniques.

Fyvolent masterminded Solaridy after researching the marijuana industry and learning that having enough space was a major problem for cannabis growers. Fyvolent touts the space-saving, square-footage maximizing benefit of his product:

“It allows you to maximize the square footage you already have, saving you the headaches, costs and time of looking for a bigger warehouse.”

The CropTower comes equipped with special cups that prevents the suspended plants from falling out. The custom design for the waterfall system for keeping the plants hydrated and nourished took two years to develop: “We will pump the water in and it will rain over the roots, then we recycle the water into a tan.”

The CropTower can really maximize square footage for a small marijuana company that grows its own plants. Taking three square feet as an example, a grower should be able to grow about nine cannabis plants on the ground, which should yield around two pounds of viable marijuana plant matter.

Using the CropTower, however, a marijuana company can grow 104 cannabis plants in the same amount of space, yielding around 30 pounds. The way the CropTower works is by keeping the roots of the plants moist. The company says it allows pesticide free growing as well and fewer worries about bugs.

Presently the Solaridy crop tower is being leased for use by cannabis growers in Denver, Colorado but Fyvolent hopes that future changes to marijuana laws in Florida will open the door to using the product in his own state.

Our Very First Actively Managed Marijuana ETF May Be On Its Way

Cannabis Investment

US SEC CLEARS WAY FOR CANNABIS EFTs

On Friday, May 5th, Cambria Investment Management filed an N-1A form with the US Securities and Exchange Commission (SEC) for not just one, but five new ETFs. The diverse basket of proposed funds cover a wide range of industries (real estate, cannabis, robotics and AI), and also include two tax optimized funds – one domestic and one foreign.

The stand-out of the bunch – and the one that is perhaps kicking up the most attention – is the Cambria Marijuana Industry ETF. The proposed fund, if successfully launched by Cambria, will be given the ticker “TOKE.”

Cambria’s Marijuana ETF will track publicly traded companies that support or directly work in the legal production of cannabis, including: companies that legally produce marijuana, those that conduct legal research into its medical or pharmaceutical use, and those that design and manufacture equipment used in the marijuana sector.

While it may be the first cleverly-named marijuana ETF, TOKE is not the first ETF to deal in cannabis-related stocks. The proposed fund will follow on the heels of the first-ever marijuana ETF, the Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ) – which launched at $10.00 per share last month and is now sitting at $9.59. While the fund trades in Canada, American investors have been able to get in on the action via its listing on the OTC.

Horizon’s ETF isn’t alone, either. In February, a filing popped up for a fund called the Emerging AgroSphere ETF. The proposed fund, which comes from New Jersey-based ETF Managers Group, will include companies exclusively in the medical marijuana space and – if approved – will list on the NYSE Arca.

Both HMMJ and the Emerging AgroSphere ETF are passively managed, meaning the indexes they are based on dictate their performance. This means that TOKE has the potential to be the first actively managed ETF in North America. At the time of writing, there is no indication yet as to when the two remaining ETFs might launch.

There is still no telling how well these (hopefully) soon-to-be-launched ETFs will perform in the market, especially considering the fact that HMMJ has declined by about four percent since it began trading. But, at the same time more and more states are legalizing medical cannabis, and – according to Arcview Market Research – sales in the marijuana sector as a whole grew 30 percent in 2016 alone. The industry is also projected to triple in size over the next four years.

Marijuana Goes Mainstream on Ellen

Marijuana goes mainstream on Ellen:

marijuana goes mainstream

Could consuming marijuana get any more mainstream and acceptable than Snoop Dogg playing a game of “Never Have I Ever” on Ellen with Martha Stewart and Anna Kendrick, and holding his “I have” sign up high when Ellen reads from the cue card, “Never have I ever been stoned on a talk show,” to the ensuing laughter of all three ladies as the studio audience cheers?

That might very well be more mainstream than the president of the United States saying “I inhaled,” when asked if he’d ever smoked marijuana, and joking, “That was kind of the point.”


The level of love, approval, and amusement in that Ellen studio late last fall was off the charts!

While not everyone makes the choice to consume marijuana even in the many states where it’s now legal, it’s a clear sign of the times that this beloved show with an average 4 million viewers per episode and the 16th most subscribed YouTube Channel on Earth, portrayed marijuana the way most people feel about it: as something that is harmless and fun.

If you haven’t clicked play on the clip above yet, give it a watch! It’s so good. And you’ll learn a couple things about Martha Stewart that might surprise you as well!

This isn’t the first time the well-mannered and extremely brilliant Martha Stewart (who is 75 years old) has crossed paths with rapper Snoop Dogg, who’s as famous as Willie Nelson is for having a voracious appetite for cannabis. In 2016 New York Magazine chronicled the history of Martha Stewart and Snoop Dogg’s totally adorable if unlikely friendship. The two now have a cooking show together.