Good News for Tiny Growers

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street.

This week was remarkable for the smaller cannabis stocks on my radar. While Hexo Corp. (NASDAQ:HEXO) had largely been written off, investors proved this week that they’ll happily accumulate the stock above $1.

That’s where the company managed to price a substantial 33-million-share offering. It’s not fantastic, but it demonstrates that this is where bargain hunters will emerge.

There is demand for HEXO at this level. And that should frighten the short sellers a little.

Likewise, relatively obscure GrowGeneration Corp. (NASDAQ: GRWG) reported record revenue and was rewarded. There’s no cannabis recession here, evidently.

And even little PharmaCielo Ltd. (OTC:PCLOF) is aggressively looking for additional acreage to satisfy global demand for its medicinal extracts. It is only $0.50 now but I see great things ahead.

Exclusive  Beware of Panic Attacks

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

There’s a little whiplash on Wall Street as investors struggle to reconcile record-breaking asset prices with all our hard-won experience of how markets should work. Decades of statistics say stocks normally suffer in a recession. Money simply stops flowing across the corporate landscape, leaving executives staring at the consequences of decisions made under better circumstances. Thanks to the pandemic, at least 30 million Americans are living on restricted budgets and whole sectors of t

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE