Let’s be clear: marijuana stocks are for speculators only.
Even the cheapest marijuana stocks are some of the worst stocks in the market. Marijuana stocks offer ownership positions in companies with limited operating histories and uncertain regulatory situations.
Marijuana stocks are going through a strange phase. They are all the rage because of various law and regulation changes, and increasing acceptance of the drug. There’s no guarantee that this will last.
Marijuana is also a commodity. The only issue for buyers is quality. Once the bad players are weeded out (pun intended), there will be a fight over market share. In commoditized businesses, that results in price wars.
Price wars lead to declining prices, which is not what you want as a stock owner.
That said, if you ignore the “green rush,” you’ll be leaving money on the table. As the marijuana industry gets frothy and approaches a top, let’s take a look at three marijuana stocks that offer a solid combination of growth and value.
What’s In This Guide?
The Cheapest Marijuana Stocks For 2019
If you’re in a hurry, here’s our trio of marijuana growth stocks with appealing value:
- Scotts Miracle-Gro (NYSE: SMG): A diversified traditional agribusiness with a major cannabis component.
- Cronos Group (NSDQ: CRON): Best positioned for growth.
- Canopy Growth (NYSE: CGC): Boasts a major company as an investor. Keep reading and you’ll find out more about the cheapest marijuana stocks and our thoughts on each.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers