What’s The Best Marijuana Penny Stocks to Watch in 2018?
If you’re looking for the best pot penny stocks, you’ll love this list. Effective November of 2016 these stocks became very volatile as there were many voting to legalize marijuana in certain states including Nevada, California, Arizona, Florida, Maine, Arkansas, North Dakota, Montana, and Massachusetts.
Cannabis Penny Stocks 2018
While many of the companies in the marijuana sector have doubled and tripled in their pricing, there are also many that wound up to be financial train wrecks that were destined to a long term failure. Many people that are new in trading are spending upward of $500 only to find that they have made a terrible investment.
Struggling to survive and crippled in debt, they have little revenue in which to support the operation. From defunct mining companies that chose to add the word “cannabis” to the name in order to cash in on such a craze, many haven’t learned that this isn’t going to change things. The end result is the same, if you put the stocks in the same lot, they’re still going to fail and someone is going to get caught holding the “hot potato”. Once legislation passes, share prices begin to sharply drop.
1. Cara Therapeutics Inc. (NASDAQ: CARA)
In 2004 this company was founded in Shelton Connecticut. At its clinical stage, the biopharmaceutical company has developed many products that target the peripheral nervous system. I.V. CR845, the lead product for Cara, is in Phase III clinical trials. These are designed to treat postoperative pain in adults. This pain is in the acute pain stage. The company is also working in the development of lead molecules that are to selectively modulate the peripheral CB receptors while not targeting the CNS cannabinoid receptors. The most advanced form of the CB compound is the CR701. This is the current stage of preclinical development for the treatment of neuropathic as well as inflammatory pain.
The largest benefit of this is the development of the marijuana based analgesics as they work toward the CB2 receptors. The analysts are overly confident that in spite of the fact that the stocks have dropped, they will make a strong comeback. They began with a target price of $20.33 and the current price is $5.97.
2. Aurora Cannabis In Com NPV (OTCMKTS: ACBFF)
Based in Vancouver, this company is engaged in both cultivations as well as harvesting and the selling medical marijuana in the country of Canada. Using water from Canadian Rocky Mountains it brings the cannabis plants to harvest in a 55,200-foot facility.
Offering high-quality medical cannabis the company is pricing the products at $8 per gram strain and at $5 per gram composite for patients. It boasts free shipping anywhere in Canada and the stock has grown over 90 percent since the start of the year.
3. The canopy of Growth Corp. Com NPV (OTCMKTS: TWMJF)
The Canopy of Growth and Corporation, formerly called Tweed Marijuana Inc., is by and far a large producer of all medical cannabis in the country of Canada that is marketed under the Tweed and the Bedrocan brands. With over half-a-million square feet of greenhouses indoors, this company acquired Bedrocan Cannabis Corporation in 2015 for about $58 million. As of current, the price grew 37.81 percent.
Cannabis Penny Stocks
4. Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE)
This pharmaceutical company was founded in 2007 and focuses on the development and commercializing synthetic cannabinoid therapeutics that are created and developed for transdermal delivery. Two of the candidates are the ZYN002 AND THE ZYN001 forms. ZYN002 is a synthetic cannabidiol (CBD). The permeation enhanced gel for the transdermal delivery has designed the product to be delivered with only once or twice per day dosing.
The ZYN001 form enables the transdermal delivery via a patch. It is used on the arm, the back or the thigh. It’s being studied for treating conditions like fibromyalgia and peripheral neuropathy. Stock pricing has moderately grown this year and it’s risen 6.45 percent as of date. Current’ price is $10.23 and the target price is $30.25.
5. American Cannabis Company Inc (OTCMKTS: AMMJ)
Incorporated in 2001, this company offers solutions for cannabis businesses in both the United States and Canada. There are two main components of the company operations: The advisory and consulting component and the sale of the products and the equipment for the clients in the cannabis industry.
Offering consulting services such as commercial cannabis business planning services and the license applications as well as the cultivation and the building of the consulting. This includes cannabis regulatory compliance and compliance audits as well as the business growth strategies and monitoring services. Additionally, the company offers up products and equipment like Satchel, SoHum, and Living Soil as well as High-Density, Racking System and lastly, The Cultivation Cube.
Marijuana Industry Penny Stocks 2017
6. Cannabis Sativa Inc (OTCMKTS: CBDS)
Based out of Nevada, and in operation for around 12 years, this company just recently went public. Engaged in the development and the promotional work of natural cannabis products, they have both licenses for medical strains of cannabis like NZT and a lozenge that delivers the cannabis as well as a trauma cream.
Regardless of whether you’re buying Canna Securities or stock will be dependent on the prospects of the cannabis business. Canna Securities (NASDAQ: CSAX) has stood out clearly as a stock of marijuana that appears to have no solid prospects. With their focus no directly on the marijuana itself, it’s a sure win.
CSA or Canna Security American was created in the year 2009 in order to meet the growing needs of the evolving medical industry from a legal standpoint of compliance. It offers a security aspect. CSA is instrumental in development of the legal cannabis market in Colorado. They worked on the committee for rulemaking and with the Department of Revenue and they helped formulate the regulations in the state of Colorado.
From the inception, they’ve specialized in the engineering of the custom security and to ensure that they are in full compliance with all of the federal and state regulations as well as the local laws. They offer security solutions to all of the cannabis businesses including armed, unarmed guards as well as armored transport. This also includes alarms, door access systems, and video surveillance. It includes security systems and all state licensing consulting.
With services to over 130 clients in over 500 facilities in 14 states where marijuana states CSA is now achieving a 100 percent approval in licensing and rating as well as their consultants. As regulations change they are able to adjust quickly and effectively as more states implement and regulate the dispensary models. They are able to leverage their expertise in compliance with the various security codes and standards as well as the guidelines to offer clients the most innovative and cost-effective security.
As the national leading security firm, they know what the risks are and what to anticipate. They can tailor their services to ensure that there is maximum loss prevention and everything is in legal compliance. We’ve positioned ourselves in the market as a brand name leader in cannabis security industry.
Nutrafuels (NASDAQ:NTFU). NutraFuels is a United States manufacturer that is located out of Coconut Creek in Florida. With a facility that has been inspected and it’s also been approved by the department of agriculture in Florida, they are FDA registered and they have a 3rd Party cGMP certification. All of the staff are trained and certified in the cGMP requirements.
NutraFuels are all manufactured with the highest quality standards and all of the industry protocols. Their portfolio of companies includes none other than industry CBD Leader Hemp Genix and the Skin Care Manufacturer leaders NF skin. They also include Oral Pro Nutra Spray and Nutra Pro Shot as well as many others. Nutra Fuels has led the industry in the manufacturer of CBD oral sprays and other liquid CBD products.
Manufacturing Penny Stocks
1. Decriminalizing and regulating marijuana will reduce minors' exposure to the drug and other, harder narcotics. For years teenagers have found it easier to get their hands on marijuana, than it is for them to get a bottle of alcohol. And that is simply because alcohol is regulated, readily available and as a result, not profitable for your local drug dealer to sell. Marijuana however, is profitable and is a great Segway for the dealer into pushing the, likely impressionable, teen into something harder, addictive and very profitable for him.
Another point, while we're on the topic of regulation, is that the dealer in this scenario could be selling something dangerous like synthetic marijuana, or even marijuana laced with something and the buyer, potentially someone in need of relief from an ailment, could be none-the-wiser and be doing a great deal of damage to their health.
4. The medicinal benefits of marijuana. The plant has actually been used ever since its potential was realized around 2900 BC by Chinese Emperor Fu Hsi. He said that the plant contained both Yin and Yang. 200 years later Shen Nung, said to be the Father of Chinese medicine, noted the healing benefits of marijuana. It has since been used the world over to treat a wide array of ailments.
It wasn't really until the 20th century that all of a sudden marijuana became the evil plant that lead to insanity and certain death, a la 'Reefer Madness' (cringe). Regardless once again, its potential is being recognized and, with the advances in science that we now have at our disposal, there is more potential for medical marijuana than ever.
CBD Manufacturing Penny Stocks 2018
Part III of III in this series of articles on Ponzi schemes will examine a real world, ongoing scam, the con man behind it and a few of the hundreds of investors victimized by his criminal enterprise, Millennium III Corporation.
History: At an early age, Gregg Scott Luce was falsely led to believe that his Maine based blood line was directly connected to the storied Time-Life Henry Luce legacy. It's unclear whether this fallacy was instilled within him by personal dementia or a collective familial dementia. Luce fled his highly dysfunctional family at age nineteen and began trafficking in marijuana. Within a five year period, petty trafficking grew to major distribution: cargo planeloads of product, much of it brought in directly from Jamaica.
Ten years into this venture, Luce realized that a much greater profit margin was to be realized in trafficking cocaine. It was the early 1980's and cocaine was a popular and accepted recreational drug amongst the establishment. There wasn't the stigma attached to the narcotic that exists today. Luce was driven to the quick fix by impatience, an entrepreneurial spirit, ruthless and boundless ambition, and an insatiable craving for the recognition, cash and cache that had eluded his family for the better part of a generation as it strived, futilely, to identify itself with the gilded Time-Life Luce lineage.
Sociopathology, single minded focus and indifference to the body count in his wake, both literally and figuratively speaking, allowed Luce to establish a port of entry distribution hub in Seattle, Washington, and rapidly dominate the unclaimed US Northwest territory. Coming from a family of commercial fishermen, Luce was well versed in nautical maps. The Pacific Northwest's unsettled, remote coastline allowed inconspicuous ingress and egress of transport planes from Colombia. Luce leased a pier and houseboats off Lake Washington, hosting cocaine fueled parties frequented by prominent area artists, business leaders, attorneys, politicos and bankers.
Within a five year period of time, the distribution network extended north to Canada and as far Southwest as Aspen, Colorado, where his cartel's administrative team oversaw operations. The growing business invested in a Nascar race team. Product was transported to merch drop points in trailers used to ferry cars and pit equipment from city to city.
As with most narco-centric businesses, Luce's venture operated on borrowed time. When the DEA and Feds broke up the drug ring, all senior personnel, save for one individual, escaped. The captured operative refused to turn state's evidence, permitting his associates to quietly seek out other business opportunities. Luce took a two year hiatus lying low and pored over recent economic trends. It was the early nineties and the Nasdaq bubble had begun to gestate. Silicon Valley, Boston, Austin and Seattle were the new Wild West. Greed and green were in the air. In the fast paced world of new media startups, the "cocktail napkin to boardroom" paradigm ruled, as did drugs, violence, treachery, and legal manipulation: otherwise known as Twenty-First Century corporate best practices. Easy deals were the currency of success; futures contracts and penny stocks were the new blow. The careful vetting of business plans demurred to the haste of being first to market with a given product . Venture capitalists indiscriminately showered IT neophytes and veterans alike with more seed money than most could realistically hope to match in profits. Boom-bust high tech gold fever was in full force. Luce couldn't have scripted a better entree into legit business.
Ponzi Scheme: Thus marked Gregg Luce's emergence from the organized crime of drug trafficking to the organized crime of Wall Street. The founding of Millennium III Corp. (MIII) commemorated Luce's introduction to Fortune 500 society at the VC cotillion. In order to fly under the radar of SEC regulations and regulators, the newly minted CEO of MIII, a broadband media streaming company, limited his initial investor pool to thirty-five non-accredited shareholders. He later violated the SEC Rule 505 exemption provision with inclusion of an additional ten investors. Rather than issue shares to investors, Luce issued "convertible note loan agreements": an instrument convertible to either buybacks or shares in MIII at maturation. Luce took his tortured business model a step further, arguing the corporation maintained a non-profitable trust that secured investor monies. In this and subsequent cons, Luce argued, with poetic license, that the initial corporate form would somehow morph into a "bank", thereby ensuring the liquidity of MIII's capital funds and the security of investor monies.
Like a parasite seeking out a host body, Luce would not only insinuate himself into the business lives of his marks but their personal lives, as well. The key to his con -- and that of many confidence men -- was to appropriate the professional and social networks of his victims in order to feed his scam. If one investor dries up, another in the network is primed and can be approached.
As a consequence of his relationship with Luce, the marketer was losing credibility, standing and relationships within the tight knit naturopathic community. Further fomenting discord was Luce's volcanic temper. He had a history of violent outbursts, lashing out at those that would question him, particularly minorities and women. Not exactly consistent with the New Age humanist perspective. Luce's true character was revealed when his temper flared. Despite the grave liability he presented his host, the businessman was so taken in by the scam artist's charisma that he was in denial.
The marketer's good friend, another prominent businessman in Los Angeles's homeopathic community, was not so enamored by Luce or deluded by his charisma. In fact, when introduced to the con man at a Hollywood Hills party, he found his pitch too good to be true and Googled Luce's name on his Blackberry: up popped my name with a warning to prospective Millennium III investors. He called my office the following day, sharing his concern for his friend's well being. It took repeated sit downs and patient conversations with the marketer, armed with documentation I provided him, to objectively layout Luce's history and machinations. Even with hard, tangible facts in front of him, the marketer remained incorrigible. It took a second round of documents and direct correspondence from my desk to the marketer's in order to shake him free from the con man's Svengali-like choke hold on his reasoning capacity. The marketer kicked Luce to the curb.
In the past five years, Luce has successfully mounted three separate financial scams, even being so brazen as to threaten law suits against investors who severed ties with him after realizing they had been swindled. Consistent with all successful con men, Luce has a keen eye for identifying a need in his mark, then convincing the mark that he is uniquely positioned to satisfy that need --despite lacking the intent, ability or desire to deliver on his promises.
Luce is beginning to unravel and grow ineffectual. The con man has become entangled in his own web of deceit. Unable to keep his lies straight, he contradicts and exposes himself at every turn. His temper, misogyny and racism have surfaced repeatedly as the intensifying scrutiny of law enforcement, bilked investors, lawyers and accountants attenuates stress by directing klieg lights on his various Ponzi schemes.
Con men are often difficult to apprehend, because they are not driven by monetary gain, alone. They are sustained in large part by the adrenalin rush experienced moving in for the kill, gutting then hanging their prey to bleed out. Luce is particularly skewed in this respect, often forfeiting the big score in order to slink away and mount another scam in another state. Stealing just enough cash to continue the ruse, but not so much bounty that criminal or civil suits are filed as a matter of course.