5 Cannabis Penny Stocks for Higher Returns


We’re up 46% on our previous three cannabis stock picks from September and I’ve found five more ready to ride the wave of marijuana legislation. In this video, I’ll show you how to find the cannabis penny stocks with the most to gain and what I’m looking for in stocks to buy.

The ‘grow’ rush is on with cannabis stocks jumping since last year. We covered three weed stocks in September ahead of the trend with an average of 46% return to date and one is up 80% on a takeover offer. But those three cannabis companies were multi-billion stocks already huge and with limited upside. When I think of the future of cannabis and the potential growth, I want the penny stocks that could 10X your money.

Legislation is coming that could open the industry up to increased funding, liquidity and a wave of investors. The U.S. House already passed new banking legislation last year that would have opened cannabis up to a boom in funding. It’s the small, penny stock companies that will benefit most from the funding and being able to list on the major stock exchanges.

When I’m looking for cannabis penny stocks, I’m first screening for companies under a billion-dollar market cap and preferably even smaller at $500 million or less. That gives them the room to grow into multi-billion companies. I’m also looking for companies at different stages in the supply chain like cultivation, processing and retail. Finally I look at revenue growth, potential and other financial metrics.

Check out the BevCanna investor presentation and how this white-label, full-service infused beverage company is ready to take advantage of cannabis legalization.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#pennystocks #stocks #stockstowatch

This video was conducted on behalf of BevCanna, and was funded by Gold Standard Media LLC. All research, recommendations and opinion is that of the creator and no content was written or provided to the channel from the company. Sponsorships like these help me provide free research into this and other companies for investors.
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Robert Dunfee


  1. Let's Talk Money! with Joseph Hogue, CFA
    July 14, 2021 at 1:17 pm

    Investing in Penny Stocks but not sure where to start? 💰 Watch this!

  2. Chelsea Jordan
    July 14, 2021 at 1:17 pm

    Where are most of these stock available? Only one or two are available on Webull.

  3. Karen Rushing
    July 14, 2021 at 1:17 pm

    $CATV Attention: $CATV Is Way Undervalued At Current Prices! Name and Ticker Change Imminent! Merger News Imminent! RockStar CEO Michael Feldenkrais and a PowerHouse Team Of Advisors and Staff! Farms In Florida (CBD/Hemp)(Currently Under Expansion), Puerto Rico (Medical Marijuana/Cannabis), Columbia (THC), JV with established Israeli Cannabis Company, In House Cannabis Compliance with icomply cannabis. 4 Revenue Generating Companies Acquired Since First Of Year. $20-$40 Million Expected Revenue For First Year (Conservative), New Products Out and More To Be Announced. Product and Brand Licensing. Bio Mass Buyback Program. Seed To Sale. The List Goes On! Plenty Of DD Available On This One. Just Ask..

  4. Cell m8
    July 14, 2021 at 1:17 pm

    Cannabis horrible dangerous drug?
    Thanks God alcohol is such a super healthy substance, and shout out to the government for keeping it legal so you don’t have to worry about retirement if you are a regular user.

  5. Peter Schultz
    July 14, 2021 at 1:17 pm

    Great video. Gotta say, was pretty shocked not to see HITIF.

    July 14, 2021 at 1:17 pm

    Well this didnt age well

  7. DC Crusin'
    July 14, 2021 at 1:17 pm

    For those asking about High Tide, it only has a 3 year chart and has already gone down to $0.05 last summer. If it goes back down to $0.05 or even $0.10 this summer it could be a good buy. It has not yet shown an upside of $1 which many currently cheaper pot penny stocks exceeded during Canadian rec legalization did only to fall back down below $0.25/share since. Without having demonstrated the ability to go to $1+, High Tide has not yet earned the confidence that other cheaper stocks have concerning what performance can be expected going through USA legalization. Pot penny stocks are an entirely speculative market. The peak during Canadian rec legalization only lasted 3 days. The primary difference is that USA institutional investors can't buy into USA pot stocks until legalization. Mutual funds, trust fund, etc. buying in should sustain a USA legalization pot stock price peak exceeding 3 days, most likely, but the height of the peak is determined by short sellers. They will raise the price and raise the price and raise the price until there are no buyers left. Then they will vanish, abandoning the entire sector and wait for the price to fall back down, so they can cover their sales within 30 days. Nobody who knows what they are doing will be buying during the legalization peak. Among the late coming speculators who have no clue what they are doing, why would High Tide stand out and draw exceptional buying traffic? Nobody is going to know what it is actually worth until 6 months to a year after legalization.

  8. Koby Felton
    July 14, 2021 at 1:17 pm


  9. KennySoQuiet
    July 14, 2021 at 1:17 pm

    I invested in GRSO with the vertical farming technology they are trying to develop

  10. Fuonce Lighting
    July 14, 2021 at 1:17 pm

    If have time,you can take a look at our led grow light, it's also very useful, PPFD can reach 2.9μmol/J

  11. Maxwell Miller
    July 14, 2021 at 1:17 pm

    Marijuana bad! It will make you do horrible thing when you use it. Dont do it! It can even make you go blind, deaf or braindead.

  12. Mac Embree
    July 14, 2021 at 1:17 pm

    I’ve been following cannabis stocks for just over a year now. In my opinion probably the only industry that isn’t massively overvalued. An already existing industry that’s been suppressed and is now being made legitimate for economic reasons. Long overdue.
    The company its I follow the most that I think are probably undervalued (just based on their structure and growth alone) are green thumb industries GTBIF
    Harvest health and recreation HRVSF
    Cresco labs CRBLF
    and curaleaf
    All of these companies are American and all operator in multiple states. I hear no one talking about these massive companies and only hear tilray and canopy . Which is just all around funny. Or sundial. Canadian and American are not the same …

  13. Charlie Escobar
    July 14, 2021 at 1:17 pm

    Look into Sellas Life Sciences (SLS)

  14. Jeff Heer
    July 14, 2021 at 1:17 pm

    MJ has been the inspiration for me to start investing .I missed the Canadian rush but IREALIZED THAT WHEN THE US rolls there will be a large opportunity and then Covid sped up the whole process.

  15. Rigardo The Silver Eyed Lion King
    July 14, 2021 at 1:17 pm

    Mr Joseph what did you think of sunflower SNDL ?

  16. anita boddington
    July 14, 2021 at 1:17 pm

    I am invested in several cannabis stocks and I am not really sure what is keeping other investors from putting their money into these stocks

  17. Crypto Collector
    July 14, 2021 at 1:17 pm

    Was this video sponsored by bevcanna? Cuz I know another youtuber was sponsored by them

  18. Free Love
    July 14, 2021 at 1:17 pm

    Can we get more dividend stocks please, only 4 left in your last three videos who x dividend date hasn’t passed.

  19. India Coon
    July 14, 2021 at 1:17 pm

    Mr Hogue, I just found a stock called AIV, from my research it says the dividend is $4 a year per share, do you have and info on this company? It seems to be a very high dividend

  20. Maher Z
    July 14, 2021 at 1:17 pm

    What are your thoughts on HEXO (NYSE:HEXO) who hold a good market share when it comes to recreational cannabis and pot-infused beverages. Market Cap around 800 mil.

  21. Jason A
    July 14, 2021 at 1:17 pm

    I would take your 30% 40% losses this year and sell off everything. Do not get back into the market this year. I expect between 60% and 70% market drop. I sold off 50% of my portfolio after going down $90,000 in just 2 weeks. My $ out of the market is $ saved.

  22. Richie 1
    July 14, 2021 at 1:17 pm

    GameStop going baby🥰

  23. memecake
    July 14, 2021 at 1:17 pm

    I'm pretty sure there's a scammer or something similar in your comment section using your profile picture and sending people a phone number, might want to check that out

  24. David Gonzalez
    July 14, 2021 at 1:17 pm

    Start selling your own coin via mintme 🙂 I would invest in you

  25. Des Brown
    July 14, 2021 at 1:17 pm

    Joseph great video. I bought ACB long time ago and I am still holding. Need advice…do I sell and take the L and sell or hold. I feel ACB will one day go back one day