Big Cannabis took a step back this week as investors ponder the ultimate future of the largest cultivators. In a world where Aurora Cannabis Inc. (NYSE:ACB) needs to sell $125 million in stock to survive, size is clearly not the key to success.
But on my end of the industry, we’re having a lot of fun. Two of the stocks in my IPO Edge portfolio are still ringing triple-digit-percentage bells.
While I normally keep those stocks secret to reserve the best opportunities for subscribers, I’m going to brag a little today. The elite have already gotten a taste. Now it’s your turn to take a look.
Juva Life Inc. (OTC:JUVAF) is tiny, not even a fraction of the size of ACB or the other giants. We were here at $0.75. You can do that math yourself.
The allure is that unlike the giants, JUVAF has a blue-sky future ahead of it. The business model goes a lot deeper than simply growing a lot of plant product.
Management has learned from the giants’ mistakes. They aren’t trying to become a $10 billion unicorn on their own. But if they get an acquisition offer for $2 billion down the road, shareholders will cheer.
And while HempFusion Wellness Inc. (TSX:CBD.U) is only available in Canada, those who caught the opening-day shares a few weeks ago are already applauding. This isn’t cannabis. It isn’t even growing hemp.
We’re here for value-added consumer products enhanced with hemp derivatives. That’s the true “Cannabis 2.0” story Wall Street was promised years ago.
If you’re tired of generic cultivators, go small. And when I think of great things in small packages, IPO Edge is the place.
This content is for paid subscribers only. To gain access subscribe to one of our…
It is hard to find a seasoned investor who doesn’t believe the stock market is…
No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…
The Options Industry Council is a resource used to educate investors about the benefits and…
The put-call parity is the relationship that exists between put and call prices of the…
“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…