Have you asked us a question recently? Your answer may be right here.
I want to start by thanking you for being an integral part of the National Institute for Cannabis Investors. The community we are building is truly amazing, and that’s why I’m always excited to hear what you have to say.
We are on a ground-floor opportunity in cannabis investing, but I know it’s easy to get overwhelmed and not know where to start if you’re new to all of this.
That’s what a lot of folks are telling me in the comments on our Cannabis Profits Daily reports, and because you are a founding member of the National Institute for Cannabis Investors, I want your voice to be heard.
Now, I have to remind you that I can’t offer any personalized investing advice.
But I am here to help you understand the industry – and how you can use our services to your financial advantage.
Cannabis Investing 101
Rebecca H. would like to know, “How do I buy stocks?”
Greg: A question doesn’t get much more straightforward than that, Rebecca, and I thank you for asking it. At the Institute we’ve been overwhelmed by the number of our members who are so interested in cannabis investing that their first cannabis stock will be their first stock of any kind! We couldn’t be happier to help so many people begin their path to a lifetime of successful stock investing.
To buy stocks, you need a brokerage account with some money in it. Back in the day, opening a brokerage account was something of a hassle, but today you can open and fund an account in just a few minutes over the internet or even with an app. It’s like applying for a credit card or renting a car. In fact, signing up for a brokerage account is almost as easy as signing up to be part of the National Institute for Cannabis Investors.
This may be the only time in history you can get in for just pennies a share – and watch your chump change potentially transform into tens of thousands of dollars. Just one of these marijuana IPOs can have enough profit potential to turn you into a millionaire… virtually overnight. Just click here for the details.
We have a list of brokerages firms which many of our members like to use here. Then, whether you want to trade a stock we’ve recommended at the Institute, a cannabis stock you’ve researched yourself with the help of the NICILytics Database, or a non-cannabis stock, you simply put in the ticker symbol and follow the on-screen instructions from your broker.
Cannabis Stocks Uplisting to the NYSE
Michael J. just asked, “Hexo stock went from being listed on OTC markets to the NYSE American market. What does this mean for me, and do I have to anything?
Greg: Great question, Michael. This was good news for Hexo Corp. (NYSEMKT: HEXO, TSX: HEXO). An uplisting to a more prestigious exchange can provide more legitimacy to a company in Wall Street’s eyes, and it can also broaden Hexo’s exposure to U.S retail investors and even institutional investors. So what it means for you first of all is that you’ve got a stock with more people looking at it. That’s good news. It also means that when you go to sell the stock you may get better “execution” on your trade. That is, the price you receive for your shares will be closer to the quoted price. The best news of all is that you don’t have to do anything. When you go to sell your stock, no one will even know you bought it over the counter before the uplisting. In fact, your brokerage account should already have changed your portfolio to reflect the new stock symbol, but the number of shares and the price at which you bought them stays the same.
Here’s What’s Happening with Caliva
Barbara W. wants to know, “Is Caliva going to be a public company?”
Answer: Thanks for the question, Barbara. I was excited to see that Joe Montana was involved with a $75 million investment round in the cannabis firm Caliva. With that money, Caliva plans to expand and grow its current operations, which include a farm, retail store, distribution center, and delivery service. Currently, this company is just getting started and isn’t likely to IPO anytime soon. According to CrunchBase, Caliva has only had two funding rounds: a seed-funding round in 2018 and a Series A round (the Montana investment). Companies normally have several funding rounds because they need money for expansion, marketing, and acquisitions. For instance, Uber had a Series G funding round back in 2016, and they aren’t expected to go public until later this year or next. As Caliva matures, we will keep you informed with any updates or possibilities of an IPO. This industry is changing so fast that maybe with an acquisition or two we could see Caliva in the IPO market sooner than I think!
Banking & Cannabis
Keith recently asked, “Do you think any banks will be added to the portfolio in the near future?”
Greg: Hi Keith, right now, most banks aren’t willing to take on cannabis companies as clients. There’s a few, and I think they will be rewarded with long-term profits. In the Cannabis Investor’s Report portfolio we’re looking for companies which have a more direct exposure to the cannabis industry than even the most cannabis-friendly bank is likely to have, so including a bank is unlikely. However, for those people who are looking for bank investments, lifetime members of The Cannabis IPO Insider receive a special report which includes one bank which is getting over 15% of its non-interest revenue from cannabis companies despite around only 2% of their deposits and loans being associated with cannabis.
I’d like to thank you all for taking the time to comment, share your thoughts, and ask questions when we publish reports.
It truly makes the National Institute for Cannabis Investors something special.
Executive Director, National Institute for Cannabis Investor
P.S. Recently, our team of analysts handed down their trade instructions for our next runaway pot stock recommendations. And I’m inviting you to join them now before the gains really start rolling in. The NICI team believes that these stocks could rapidly become our next double- or even triple-digit winners practically overnight. Think about that for a second. That would be ten times your initial investment on each trade. You just have to click here to learn more about this rare opportunity.
22 responses to “You Asked About Cannabis, We Answered”
February 01 2019