Marijuana risk Penny pot stocks

Only a year ago, we saw the majority of pot stocks in the industry rise alongside the whole of the market. It seems as though the most recent volatility has all but shifted that notion. The current state of pot stocks seems to remain highly volatile, but it does look like the industry is on its way to maturing. Currently, pot stocks are still very much in their infancy. This means that the rampant price swings are quite common amongst the whole of the market.

As the industry continues to mature, the hopes are that the high level of volatility can begin to stabilize. For now, it seems as though small and mid-cap pot stocks may be the choice for many. This is due to the fact that they often operate independently of the industry overall. Of course, they are still heavily correlated with the rest of the market, but this correlation is dwindling as the market reaches its impending future success.

An International Pot Stock Makes Big Moves

AgraFlora Organics (AGRA) (AGFAF) is one of the leading growth-oriented and diversified pot stocks working out of the international marijuana industry. The company currently operates an indoor cultivation facility based out of London, ON. Additionally, they have stated that they are a joint venture partner with Propagation Services Canada for a large scale of 2.2 million square foot greenhouse facility.

The company is currently working on a 51,000 square foot facility which they will utilize for the manufacturing of edibles in Winnipeg, Manitoba. For some time now, the company has been successful at creating shareholder value as well as pursuing many different opportunities in the marijuana stock market.

The company recently announced that they have received a new purchase order from Gateway Newstands for their product known as Whole Hemp Health organic lip balm. The company has created this lip balm to beat out the differing climate conditions that would equal non-healthy lips. With this lip balm, the company is able to use their 100 percent Canadian organic cannabis sativa oil as well as other extracts. The purchase order should see the product reaching as many as 200 Canadian stores. These stores are based in highly trafficked areas which will mean more notoriety for AgraFlora Organics overall.

A Big Pot Stock to Watch Right Now

Canopy Growth Corp. (CGC) is one of the leaders in the cannabis industry. The company released its financials recently which saw its stock shoot down by around 15%. While this is not the greatest news, it does look like the company could be considered a value buy at this point.

There are many other factors to consider when investing in this pot stock, but they do remain one of the leaders in the industry for now. This may change moving forward if they continue to see a losing streak like they have in the past few months. For now, they remain a key pot stock to watch and maybe just to watch at the current point in time.

make money marijuana stocks

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Agraflora Organics International Inc. (CSE: AGRA) (OTC: AGFAF), Midam is being paid $25,000 per month by Agraflora Organics International Inc. (CSE: AGRA) (OTC: AGFAF) for 6 months during a period of coverage from May 6, 2019 to November 6, 2019. We may buy or sell additional shares of (CSE: AGRA) (OTC: AGFAF) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Agraflora Organics International Inc. (CSE: AGRA) (OTC: AGFAF). For Full Disclaimer Click Here 


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