The final week of the year for cannabis stocks was a positive one. With all three of NICI’s exclusive indexes trending upward, it should give cannabis investors plenty of optimism to start 2019.

Call it the “Santa Claus Bounce.”

Or call it an overdue correction for the best-positioned industry in all of investing.

Or call it a bump from some positive legislative development both domestically (the legalization of industrial hemp through the presidential signing of the 2018 Farm Bill) and internationally (Israel opening up to cannabis exporting and Southeast Asia seeing its first nationwide medical marijuana legalization).

However you want to slice it, the final week of the year for cannabis stocks was a positive one and should give us all optimism on this, the first full trading day of what is going to be an exciting and fast-paced 2019. It was a good week across the board, as well – the S&P 500 Index showed one of its best weeks in months, with a 6.62% increase from December 24 through the end of New Year’s Eve trading.

That said, two of our three proprietary indexes here at the National Institute for Cannabis Investors – the NICI 50 and the NICI Wellness Index – significantly outperformed the S&P. The third of our exclusive metrics – The NICI U.S. Index – wasn’t far behind either.

And trading on Monday suggested the positivity wasn’t wearing off quickly.

Let’s take a look at the Institute’s indexes and who some of the big winners heading into 2019 are…

Best-Performing NICI Index Gained Nearly 10% in Year’s Last Week, Going Into 2019 with a Bang

As a quick reminder about our three indexes, one of our first goals when forming the Institute was to pick the industry-best metrics to track the cannabis stocks trading publicly on the New York Stock Exchange, Nasdaq, Toronto Stock Exchange, Canadian Securities Exchange, and on U.S. over-the-counter (OTC) markets.

My research team and I realized that we needed to build our own from the studs up. So we created the NICI 50 Index to include the largest 50 publicly traded firms by market capitalization, the NICI Wellness Index for cannabis companies primarily focused on deriving pharmaceuticals or health-related products for the human endocannabinoid system, and the NICI U.S. Cannabis Index that is composed of only domestic stocks.

Again, the last few days of trading were strong.

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NICI Wellness was up 8.9%. The biggest mover of that category – and cannabis, in general – for the week was Axim Biotechnologies. It put up a 40.98% gain in just four trading sessions.

The NICI 50 was up 7.6%, with its best individual win coming from Golden Leaf Holdings LTD. It was up 35% between December 24 and the close of trading on December 31.

The U.S. Index was respectable in its own right, with a 4.78% pushed by Marimed Inc.

Now, before you run out to buy any of the three stocks I just mentioned, I would give you a word of caution. None of these are particularly highly rated in our exclusive NICILytics ratings system, and two of the three are penny stocks known for some pretty volatile swings.

But, more importantly about all three indexes was that several other top performers – those with the second or third largest gains in the last week of 2018 – are among the best companies in the industry.

In fact, three of these stocks are already cornerstone picks in our members-exclusive Cannabis Investor’s Report portfolio. And they have a lot of room to run from here.

And, as I hinted early, the three indexes started off strong today as well.

More than three-quarters of the way through the first 2019 trading day, each was up by at least 6.2% for the session.

So what drove these positive gains on which many have been waiting? It’s actually not simply one factor…

Legislation, Rationality Driving Hot Cannabis Stock Gains to Start 2019

A good bit of the latest rebound – one that I think should extend for quite a while here to open 2019 – was a matter of inevitability. When stocks in other industries tanked in parts of November and early December, there was plenty of collateral damage. Even the better-positioned industries and some great companies temporarily got dinged as a result.

The snap-back was inevitable. And things will look even better as some political duels come to a conclusion – and they will – and as the most pro-cannabis U.S. Congress in the history of the republic comes into power.

Remember, we left off the end of the legislative session with no fewer than 70 cannabis reform measures active in Congress, and many of them were bipartisan. President Donald Trump, now freed from legal cannabis’ biggest opponent in former Attorney General Jeff Session, has already signed the 2018 Farm Bill that included industrial hemp legalization and said he would sign another prominent piece of cannabis legislation giving states the right to choose its level of legality for themselves (the STATES Act) once it gets to his desk.

This continuing momentum will push our indexes far more than they were during the final days of 2018, by comparison.

Now, I also just mentioned the Farm Bill. That retailers nationwide now have clear guidance that they can sell hemp-based CBD products – ones with none of the psychoactive properties from the cannabis plant (THC) – will be a boon for companies already in that space or gearing up to enter it.

Yet other stocks were helped collaterally from news of the most recent mergers and acquisitions, or mere attempts, as well as some pretty widespread rumors that some strong cannabis companies were considering uplisting on to more notable and more liquid stock exchanges early this year. I’ll get more into that in my latest alert for Cannabis Investor’s Report members this week.

All told, we’re starting 2019 in a bit of a sweet spot as cannabis investors.

Thanks for being an important part of the National Institute for Cannabis Investors,

Greg Miller
Executive Director, National Institute for Cannabis Investors

P.S.: Over the years, the team here at NICI has noticed a trend. If you want to beat Wall Street, if you want to trade like America’s elite, you need to have this one invaluable tool in your arsenal. Not only does it help you cut through the market noise, it also helps pinpoint the most lucrative profit opportunities in the game. And if you click here we can show you how you can get this powerful investing tool at your fingertips.


Comments

30 responses to “Cannabis Stocks End 2018, Start First Day of 2019 on a Hot Run”

  1. I just purchased membership in the investors group and i made a mistake with 2yr. subscription checked when I meant to only do 1 year at $39 (not $79). Can you change that and refund the difference….thank you

  2. Hello again Greg what’s the story behind Emerald Health selling 4 million shares to 1 Canadian investor? How does that affect the current shareholders like myself and others? Does that mean our shares are now devalued?

  3. How can I become a bigger investor when I can’t get the 1950.00 bucks for the IPO’s on a card ? …. very frustrating

  4. Greg,
    Hello, my name is Steven. I’ve ben trying to get someone at NICI to give me a straight forward answer about where I can find the list of cannabis companies that comprise the 3 proprietary indexes, NICI 50, US CANNABIS and the NICI WELLNESS index. I understand that these are proprietary, but everyone I’ve emailed or spoke with at NICI keeps telling me it’s out of the scope. So, you can understand the frustration, if I’m to invest based off this info it should be available to evaluate. Please feel free to email me back, Thank you

    Steven

  5. How much does it cost to get info from the NICI 50?? I joined for $39 the first day this program was offered but feel I’m not getting all the info you promised as part of joining & becoming a founding member for this price. Thanks for your response….

  6. How will you help be able to provide me the ability to purchase any or all of your IPO recommendations?

    Thank you for your time.

    Ted Coy III

  7. I have a TD Ameritrade account and a fidelity brokerage account that allows me to make trades internationally. I just joined IPO Insider for one year. Will these accounts allow me to participate in the 3 upcoming IPOs?

  8. Hello, looking forward to some very profitable stock advice, I have 3 girls, that we need to build college accounts for. Thank You, Darrin

  9. I’m very confused. I get lots of advice online and I don’t know who they are. Is Casey part of you? Bill Bonner? Are you and the summit the same? I have gotten 3 kits in the mail. I joined for about $40 and then $79. I just want to be told the best stocks to buy. I don’t want lots of extra info. I’m totally new at this but I have a disabled son and I’m supposed to have a million dollar trust fund for him and I don’t and I’m 81 yrs old.

  10. I have recieved my NICI founding members material today in the mail.
    I am extremely excited over the prospects going into the new year.
    Thank you for allowing and giving regular folks like me this opportunity.
    I admit, I got a bit misty eyed when I went through the material in the packet.
    I watched bitcoin go go go. And had no funds to participate in the growth. Years later I finally have a little to play with. Now, with this new gold rush starting to take off. I am grateful for this adventure and all that it entails… The Lord sure does work in mysterious ways… Thank You

  11. Hello
    I would like to see the stocks that make up your money indexes. How come they are not fully disclosed?

    Thank you

  12. Please include a paragraph summarizing your message for each article so the busy person can get your message in an efficient way. Thanks.

  13. As a cannabis investor it was interesting to know of the three proprietary indexes you watch. . Can you assist in advising me how to find out about up-and -coming cannabis IPO`s . I believe there are20 or so coming to the market in the next 6 weeks and would like to study their details. Many thanks, NK

  14. Can you please make your IPO recommendations easier to locate? Also, how do I access the reports that followed after my initial sign-up? I am a life long member. Hope these challenges are overcome before the next wave hits.
    Happy new year all from the great white north!

  15. I am new to investing in stocks I have done my DD my concern is do I need to of capital to start this new journey.

  16. If I have a $100K portfolio, what percentage should I have for the cannabis market and of that how much for existing stocks, how much for Jo’s. I feel I would be rated as an average to above average risk taker.

  17. I do not seem to be getting info like I should. The only stock that I have been recommended are the first four. I receive a lot of promotions but am confused if I have to join again to receive names of more stock to buy.

  18. Hi, Where can I find a listing of all the stocks you are suggesting
    with their opening price and current day price. Thanks, Merle

  19. The MJ etf is the first and only American Cannabis ETF. There are 2 other Canadian EFTs but I haven’t invested or found a way to get into those. but starting with the MJ etf is pretty easy.

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