The industry of cannabis investing is still budding, but it’s already booming brightly. With so many companies and voices joining in on the industry, it might be hard to pick one to invest your hard-earned cash in. I’m here to provide you with three excellent choices that have been making waves this year. These are my favorite three so far of the year, so maybe something will pop up later on in the year. With good investing practices, these three pot stock picks hold a great deal of promise.
Based out of Vancouver, Canada, TransCanna is seeing astounding success in 2019. They’ve recently purchased a 196,000 square foot facility that will help the continued growth of the business. Included in the purchase was an acreage grab just shy of six acres. This purchase shows the significant growth that investors can expect to see from TransCanna moving ahead.
The TransCanna stocks have been steadily rising throughout 2019, with plenty of affordable investment options. TransCanna reports 18,159,104 total shares withstanding on their website as of January 31st. Stock analysts consider TransCanna to be highly volatile, leaving skilled investors plenty of room to be rewarded.
CannaOne is another company that has been seeing an impressive amount of success. Earlier this March, CannaOne signed a contract with Manna Health to launch the first CBD marketplace in Mexico. Also based out of Vancouver, Canada, CannaOne’s operations extend across north and central America. This far-reaching growth is constantly continuing, and with operations extending into Mexico thanks to this contract, investors can expect great things in the coming years.
CannaOne’s stocks took a bit of a hit through March but have been looking bullish since the announcement of the Manna Health deal. Stock in CannaOne is also a fraction of the price of TransCanna’s, which may be the deciding factor in your investment. The company was founded just recently in 2016 and has its eyes set on continuing growth. I’d suggest investing in CannaOne before the deal with Manna Health starts drawing more eyes and raising prices so you can find excellent rewards in the coming years.
SpeakEasy was founded by the Geen family behind the Sun-Rype Ltd company, which is an excellent thing for investors. Their 290-acre facility is in the Golden Mile of British Columbia, which they hope to utilize to grow the highest quality of cannabis on the market currently. They’ve got the experience and resources on their side, and investors can expect to see these things combine into an amazing cannabis investing opportunity.
SpeakEasy has stayed bullish for most of 2019 and shows no signs of stopping. Like with TransCanna and CannaOne, SpeakEasy’s recent business deals show a great deal of promise for investors. More than that, we can expect to see their considerable experience in these markets to show through for a reliable option for investors.
And those are my three choices for undervalued pot stocks in 2019! I can’t see you going wrong with any of these three for the near future. Whether something new will show face through 2019 can’t be said yet, but until then, you can expect wonderful things from these three budding companies.