New Green Leadership

Hilary Kramer

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

The more I crunch the numbers on the ongoing rotation of money through the cannabis industry, the better the middle-term view looks. We might finally be seeing the green light at the end of a long tunnel.

Admittedly, it has been a miserable year. Across the stocks I track, close to $900 million in investor capital has evaporated in the last eight months.

But the group as a whole is now up 6% so far this year as money flows out of the established giants like Canopy Growth Corp. (NYSE:CGC) and Aurora Cannabis Inc. (NYSE:ACB). In fact, ACB has now lost its No. 2 cannabis stock status.

Aphria Corp (NASDAQ:APHA) is now a larger company by market capitalization, as befits its more defensive medicinal orientation. And once-tiny retail distributor Green Thumb Industries Inc. (OTCMKTS:GTBIF) is now bigger than both APHA and ACB put together.

If GTBIF is the future, I think the industry as a whole has turned the corner and will reward investors again. I’m looking forward to that.

We clearly needed a breath of fresh air here. As it is, GTBIF has created almost as much wealth so far this year as leading cultivator CGC has hemorrhaged over the same period.

And if GrowGeneration Corp. (NASDAQ:GRWG) can keep expanding, we’ll have a new giant to contend with one of these days. Reading between the lines, the initial “green gold rush” is over. It is time for a new generation of companies to step up.

Exclusive  Aphria Stumbles

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

What did I tell you? The hottest tech stocks rallied too hard and yesterday they took a big step back. Looking at the charts, Silicon Valley giants have another 15-30% to fall before finding support. Big names like Apple Inc. (NASDAQ:AAPL) and Amazon.com Inc. (NASDAQ:AMZN) will recover, of course. They just need a little time for the corporate reality to catch up with their stock prices. But until then, Wall Street has a real problem. While the Fed’s fre

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