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Colorado’s Top Marijuana Stocks

Bethan Jenkins

June 8th, 2017

News, Top News

If somebody predicted that investors would be anticipating high returns in marijuana stocks just a couple of years ago, most people would have laughed at the idea and shrugged it off. However, this is exactly what is happening and with marijuana policies constantly changing, the outlook for the green market is flourishing. By 2020, marijuana sales are forecast to exceed $13 billion, according to Forbes. As the opportunities to market medical marijuana commodities arise at a rapid rate, public companies in the cannabis field are considering the potential of selling their ”green” merchandise on the stock market.

From plant fertilizers to synthetic THC products, publicly trading companies are taking full advantage of pot stock emergence. What’s more, out of the 29 states that have legalized medical marijuana, Colorado takes the reins in terms of cannabis investments. Profits are being turned over faster than specific strains are producing buds therefore it’s not really surprising that more stocks are being added tot he U.S. Marijuana Index daily.

Marijuana Merges with Colorado’s Rocky Landscape

Legalization for cannabis in Colorado occurred in January 2014, following the passing of the Colorado Amendment 64 on November 6, 2012. Now, six marijuana plants can be legally grown in a private and secure space by adults aged 21 or above. As if that wasn’t enough to make Colorado stand out as a pioneer pot state, ‘potpreneurs’ are popping up everywhere and thanks to legal recreational marijuana sales, over $117 million was accumulated in excise taxes less than two years after recreational marijuana becomes fully legal!

Colorado’s Publicly Trading Marijuana Companies

Since Coloradans voted for the legalization of medical marijuana under Amendment 64 back in 2012, the changes have been nothing but positive. Job growth, increased tax revenue, and a reduction in violent crime reports are just three examples of the ways in which the state has benefited from giving people permission to puff, puff, and pass their home-grown cannabis.

Companies with an interest in pot stocks can prepare for long-term profit potential, witht the following Colorado-based businesses already trading publicly:

  • MassRoots Inc. (MSRT) – Now trading under the stock market ticker, MassRoots is essentially the Facebook of the weed world. Boasting half a million users, the social network allows users to track down medical marijuana dispensaries in various locations, research products, and publish reviews about marijuana concentrates, edibles, strains, etc. Isaac Dietrich is the CEO of MassRoots and he believes that by publicly trading shares of MRST, the brand will attract more investors.
  • Cannabis Science Inc. (CBIS) – Located in Colorado Springs, this biotech company was founded in 2009 by Steve Kubby. The company focuses on phytocannabinoid science to develop methodologies for the treatment of various illnesses. Their latest operational strategy was to test run the effect of cannabis research on the stock market. With their 1-year return standing at 264.14% as of June 6, 2017, CBIS is having a profound impact on pharmaceuticals and biotechnology in the health care industry.
  • The MaryJane Group Inc. (MJMJ) – Perhaps one of the most talked about companies in the pot trading sector, MaryJane Group has its headquarters in Denver. The company has made a name for itself in the “canahospitality” industry since its inception in 2014. Founder Joel Schneider offers a Bud & Breakfast deal in one of six extravagant suites concealed within the walls of a Victorian property in a historic Denver neighborhood. Since the the CannaCamp: Bud+Breakfast Mountain Resort was introduced in June last year, MJMJ is trading quite impressively on the stock market.
  • Two Rivers Water & Farming Company (TURV) – Also based in Denver, this agricultural service offers state-of-the-art growing infrastructure and water, allowing pot growers to yield the best strains. What makes TURV stand out on the stock market is the fact that it transforms irrigated farmland for the growth of crops. This rotational farming technique is proving attractive to investors, with the innovative water business model making it possible to support crop growth in moisture-lacking regions around the southwest.
  • American Cannabis Company Inc. (AMMJ) – Last, but my no means least, is the American Cannabis Company Inc. Also known as Naturewell, this Denver-based cannabis consulting company provides businesses in the cannabis industry with a fully integrated management solution. Also a distributor of ancillary products, AMMJ is reaping the rewards of public trading and recently announced that it has gained its very first retainer client.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Bethan Jenkins

Bethan is a full-time wanderluster, traveler, and digital nomad with 7 years of experience in the freelance writing world. She has mastered the art of beating jet lag and using hammocks as an office for content curation.

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