Ah yes Friday. The magical day we all know as the beginning of the weekend. It can be relaxing and a good time to catch up on the things that you’re behind in. If you’re anything like this investor, you often times get bored. In other words, you hate it when the market is closed — especially when marijuana stocks are on fire.
Well, that’s the million dollar question. With a growing number of marijuana stocks available to the public, there’s certainly a lot to choose from.
Well, let’s weed the bad ones out, shall we?
1. Axim Biotechnologies (NASDAQOTH:
2. Golden Leaf Holdings (CNSX: GLH)
3. Insys Therapeutics Inc (NASDAQ: INSY)
Insys Therapeutics is a commercial-stage specialty pharmaceutical company with two FDA-approved cannabis-based drugs. Another stock that had promise in 2016 that is turning out to be a dud in 2017. At times this year, marijuana stocks have been inconsistent, but you can’t argue with the results. INSY was trading at 18.54 down to a miserable 8.90. If you look at the one-month chart anywhere on the Internet, it looks similar to what Blockbuster looked like when Netflix came out.
Overall, there are a ton of marijuana stocks to get involved in — too many at times to look through. So it’s important to isolate the bad ones. And the three I mentioned above, are certainly just that.
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