Gambling your hard earned money on sports, poker or the races is not a wise investment. Because the odds are stacked against you. However, investing in betting companies with healthy financials, large market share and upside potential seems the smarter decision. It’s like the phrase “Never buy McDonald’s just buy their stock”. Gambling is not […]
Category Archives: ASX stocks
Is the highest ASX cannabis performer worth the investment during 2020?
Over 2019 Cann Group Ltd (ASX: CAN) plummeted by 82% . In turn, investors sold their shares and CAN appeared to be another speculative cannabis stock. However, CAN surged by 177% in the first three weeks of 2020. Consequently, CAN’s impressive increase makes it the best ASX cannabis stock performer in 2020*. Why has CAN […]
Bearish trend sees cannabis stocks plummet, how will the industry cope in 2020?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. Flashback to 2018 and the cannabis industry was booming with uncontrollable excitement. Penny stocks were surging to record highs. Primarily, because Investors saw the cannabis market as a megatrend with […]
Cannabis market plummets BUT could Ecofibre, after surging 103%, be the holy grail for 2020?
Before I start, I am obliged to remind our viewers that this is not advice only general commentary from my extensive research in this area. The cannabis market is speculative. No doubt about it. You would have heard investors say, “cannabis stocks are too risky, most of them are unprofitable, and promise extraordinary growth”. For […]
2019 EXL stock plummet – perfect time to break into cannabis market ?
Introduction into Hemp Market Hemp. The word in the cannabis market that instantly grabs our attention. So, what is Hemp? Hemp is from the Cannabis Sativa plant. Sativa contains Tetrahydrocannabinol (THC). THC at high concentrations has profound narcotic effects. However, Sativa with low THC (<0.3%) is deemed harmless and is legal to cultivate. The useable […]