Best Marijuana Penny Stocks Right Now

Amplify ETF Trust Amplify Alternative Harvest ETF (ARCA:MJ)The ETFMG Alternative Harvest ETF is an exchange-traded fund that is comprised of a range of cannabis, grower and ducer stocks

Some of its ducts are Vaporization Oil, Sublingual Tinctures, Lotions, Hard Pressed Tablets, and Suppositories among others (this bears monitoring). ()Open-Close-Vol / Avg. - / -Mkt Cap-Day Range- - -52 Wk Range- - -Trade with PublicSellCompare Broketart Your Free 14-Day Benzinga Trial ()Harborside Inc is a United States based cannabis retailer (an important development)

However, The company manages and operates four cannabis stores and a cultivation facility and also assist state-licensed operators engaged in the cultivation, manufacture and distribution of cannabis throughout the United States. ()Open-Close-Vol / Avg. - / -Mkt Cap-Day Range- - -52 Wk Range- - -Trade with PublicSellCompare Broketart Your Free 14-Day Benzinga TrialOrganigram Global (NASDAQ:OGI)OrganiGram Holdings Inc is a Canada licensed ducer of cannabis ducts

The company focuses on ducing indoor-growth cannabis for patients and adult recreational consumers, as well as overseas partnerships

It operates in a single segment that is the duction and sale of cannabis

The company’s brand portfolio includes Edison Reserve, Edison Cannabis Co, ANKR Organics, and Trailblazer

Additionally, Organigram Global(NASDAQ:OGI)Quote

Additionally, Nevertheless, It's engaged in the cultivation, cessing, extracting, manufacturing, and distribution of cannabis ducts, in today's financial world

However, Market analysis shows operates in two segments: THC Cannabis and CBD Wellness (noteworthy indeed)

The THC Cannabis segment engages in the duction and cultivation of THC cannabis, manufacturing and distribution of cannabis ducts to own dispensaries and third-party retail customers

Moreover, CBD Wellness segment encompasses the duction and sale of CBD ducts to third-party customers

On the other hand, 4Front Ventures(OTCEM:FFNTF)Quote, given the current landscape

Additionally, Many risks are worth taking because the payoffs can be huge

Penny stocks are one of the riskier assets you can invest in, considering recent developments

There’s a chance the rewards can be great, but there’s also the chance that you’ll lose the money you put in. 30 years ago, it was unimaginable for anyone to invest in a marijuana company

Now, marijuana stocks trade on some of the world’s major exchanges worldwide

What the re reveals is rising interest in marijuana stocks has also created an interest in marijuana stocks at low prices (which is quite significant), given current economic conditions

Wall Street is awash with cannabis stocks, and that means that they could fall in value (or fail to rise. )Yes, pot stocks may be held by hedge funds, they might find their way into your portfolio and they could easily vide you with high highs or low lows

These equities are cheap to buy into and show great potential for growth

Additionally, Sure, they can be a bit risky, but everything worthwhile requires some amount of risk, in today's market environment

Moreover, Moreover, It’s how you diversify the risk within your portfolio that matters most

Take a look at how cheap Marijuana assets can bring value to your investment portfolio (which is quite significant)

However, You want to review things revenue growth, market cap, growth rates and much more, amid market uncertainty

Table of ContentsThe Best Marijuana Penny StocksOverview: Marijuana Penny StocksBest Online Brokers for Marijuana Penny StockSee All 6 ItemsThe Best Marijuana Penny StocksETFMG Alternative ETFColumbia CareOrganiGram Holdings4Front VenturesOverview: Marijuana Penny StocksMarijuana stocks are companies that duce and distribute marijuana ducts, in light of current trends

Nevertheless, Conversely, Marijuana, also known as the cannabis plant, contains 2 main compounds: cannabidiol (CBD) and delta-9 tetrahydrocannabinol (THC), given current economic conditions

THC is psychoactive, meaning it impacts the mind

THC is the ingredient that gives marijuana users a sense of high or euphoria

CBD does not affect someone’s mind and has been found to be therapeutic

Nevertheless, People report feeling more relaxed and suffering less pain with CBD

Meanwhile, This's not the same thing that weed companies are offering, especially when you consider that the range of cannabis ducts is quite vast

Most marijuana ducts contain either THC, CBD or both (an important development)

On the other hand, Both THC and CBD can be consumed as food, drinks, oils and smoking

Hemp, a variation of the cannabis plant, can be used to create a variety of things including rope, textiles, paper and even biofuel

Since then, marijuana laws have become more lenient, given the current landscape

Meanwhile, First allowing for medical use, and now increasingly for recreational use

The more es in this space can open and operate in more places, the more you’ll see investment opportunities appear

At this time, most states have made CBD or low THC grams legal, in this volatile climate

However, marijuana remains completely illegal in Idaho, Kansas, Nebraska and American Samoa

The marijuana market is also growing outside the U

Although marijuana is still banned in most countries around the world, it is becoming more tolerated across some major economies

The success of marijuana companies is dependent on how widespread legalization will be throughout the globe

Moreover, Additionally, Marijuana penny stocks offer the potential for high-growth, which is what attracts most investors

But these are some of the riskier assets you can have in your portfolio

On the other hand, As long as you do your due diligence and balance the risk throughout your portfolio, you should be well-positioned to see the benefits of these stocks

Nevertheless, Best Online Brokers for Marijuana Penny StockMarijuana penny s are somewhat of a niche investment category

It can be time-consuming to find relevant information these stocks

Choosing the right broker can help

Take a look at some of Benzinga’s favorite online brokers as you consider in the top cannabis companies or picking up an American cannabis stock that will imve the performance of your portfolio

Additionally, This leads to the conclusion that is especially important when you’re hoping to come upon growth stocks, hidden gems of the stock market and those that exhibit quite a lot of potential for sales growth

Com ReviewBest For:Trading IdeasVIEW S & CONS:securely through public

Moreover, Com's websiteGet Started with public (something worth watching)

ComRobinhood ReviewBest For:BeginnersVIEW S & CONS:securely through Robinhood's websiteGet Started with RobinhoodTradeZero ReviewBest For:Active Short Sellers With Modest CapitalVIEW S & CONS:securely through TradeZero's websiteGet Started with TradeZeroFeatures to Look for in a Marijuana Penny StockManagement: The success of THC stocks depends on high levels of growth (which is quite significant)

One of the best predictors of strong growth is a management team with a competitive strategy (an important development)

Management that aims to diversify ducts and expand operations into international will be better positioned

Moreover, Partnerships and acquisitions are another way to drive growth (something worth watching), in light of current trends

Look out for companies that are making strategic moves to cement themselves in the market

Cost per gram: Companies that are able to reduce their duction costs have a distinct advantage, in light of current trends

Marijuana companies face heavy competition from black market dealers that are able to keep prices low

Furthermore, Be on the lookout for companies with low costs per gram, given the current landscape

And, especially ones whose costs per gram are decreasing over time

The most expensive marijuana is not always going to offer the best fits and performance, and the marijuana price index does not impact every in the same manner

This will give you a good idea of who is ly to enjoy price advantages in the coming years

Earnings per : By looking at a company’s earnings per (EPS), you can get an idea of that company’s fitability

This's calculated by subtracting preferred dividends from net income and then dividing the difference by outstanding stockholder s, given the current landscape

On the other hand, Additionally, Keep in mind that you may see a negative EPS for some marijuana companies

Don’t let this put you off

Many companies in the industry aren’t fitable yet

Furthermore, At the same time, Take a look at how the company is spending money

On the other hand, If funds are going toward and expanding operations, it may be a signal of future fitability

Considerations With THC StocksAs you look for pot stocks to add to your portfolio, you need to look at everything that could go on around these assets (something worth watching)

Consider these things when buying into the THC or CBD market, considering recent developments

Additionally, Legality: Marijuana is not fully legal in all 50 states, and it’s most assuredly not legal worldwide

On the other hand, Yes, many US states are allowing for medicinal use, and there are many recreational pot laws awaiting a willing legislature from coast to coast

But, there’s no way to know how marijuana laws will shake out across the country or even North America, meaning that some stocks could falter while others soar due in large part to lawmakers and nothing else

Growth potential: You might think that the marijuana market is going to grow infinitely, but that’s not the case for every (which is quite significant), amid market uncertainty

Some are growing more than others

In contrast, Some are growth stocks you can grab onto today

Some pot assets are so large and expensive that you may not get a lot of value out of holding them

Some are on a downturn and could be bought out tomorrow, considering recent developments

Look carefully at growth potential before you assume marijuana stocks are a good investment

Nevertheless, Management: As you invest in marijuana assets, you may find that some companies are managed better than others

Consider that Google hired a expert to support the “Google guys” before they became executives themselves

Is your favorite THC firm doing the same

Looking carefully at management can tell you a lot any, but especially one in such a unique, tenuous and controversial industry, in today's market environment

How to Diversify Your Portfolio with Pot StocksMarijuana stocks or cannabis stocks offer enormous potential for growth

Conversely, But they are not without their of r, in today's financial world.