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Even in the face of Prohibition, Cannabis Stocks Soar!

Written By Jeff Siegel

Posted March 22, 2017

deaaIf you consume cannabis, you could be killed.

And no, I’m not talking about in some far-away land where women are imprisoned for being raped and child brides are considered status symbols.

I’m talking about right here in the U.S.

According to data recently compiled by the New York Times, since 2010, at least 20 SWAT raids involving suspected cannabis dealers have resulted in fatalities.

As reported in the Washington Post …

The list of fatalities includes small-time dealers and people who sold the occasional joint to a friend, as well as people suspected of dealing in more serious drugs like crack or meth, but who were found to be in possession of only marijuana after the fact. It also includes four police officers who were killed during the raids, intentionally or otherwise.

The deadly raids are a reminder that an activity that’s legal and celebrated in some states — selling weed — can get you killed in others.

When folks ask me why I invest in cannabis, my first response is not, “because it’s incredibly lucrative.” Sure, there’s a ton of money to be made in this space. But I actually got into this because the bottom line is that prohibition is a human rights violation, and there’s been no bigger waste of our blood and treasure than the war on drugs.

With more than $1 trillion spent and millions of innocent people murdered, it is, without a doubt, one of the worst cases of a human rights violations in this country. And that’s why I invest in legal cannabis. Because make no mistake, without this industry being an insanely profitable one, which has helped individual states generate massive amounts of tax revenue, the war on drugs would continue to thrive.

By investing in quality cannabis companies, we are ensuring these operations grow and flourish, which results in making it a hell of a lot harder for prohibitionists to continue this tragedy we know as the war on drugs.

And that, dear reader, is a good thing.

Here’s how our cannabis stocks performed today …

  • Aurora Cannabis (TSX-V: ACB) – Up 0.44%
  • Aphria, Inc. (TSX-V: APH) – Up 1.28%
  • Emblem Corp. (TSX-V: EMC) –  Up 6.51%
  • Emerald Health (TSX-V: EMH) – Up 3.85%
  • Innovative Industrial Properties (NYSE: IIPR) – Up 2%
  • OrganiGram (TSX-V: OGI) – Down 1.39%
  • Canopy Growth Corporation (TSX: WEED) – Down 1.02%

Here’s what we’re buying …

Emerald Health (TSX-V: EMH) – Buying below $1.45

And here’s what we’re watching …