In some countries, marijuana includes as an illegal and forbidden thing. Even though, it the US and around it, people look for the penny stock. It sounds so tempting to play and find one profitable Marijuana penny stock to buy. All this time, marijuana is well-known as the addicting leaves (items) but actually, it has a lot of benefits. People get addicting because they use it without rule and do not the doctor’s prescription.
However, the traders have a different reason why they look marijuana penny stock to watch now. They see there is a good profit inside.
4 Marijuana Penny Stock to buy Special on July and August
Marijuana business had success giving a surprise to many people since in 2015. The business was able to earn almost $1 billion even it broke the threshold in 2016.
Nonetheless, the growth of income kept strong. Well, it happened about 4 or 3 years ago but the people can feel the influence. There are many companies running marijuana penny stocks. Nevertheless, this page only takes 4 companies that still shine up to now:
1. MPX Bioceutical (MPXOF)
This biomedical company operates three brands under the names of Health for Life, namesake MPX, and Salus BioPharma. Recently, this marijuana penny stocks and pot stocks in 2019 makes an affair with the First Growth Holding company from South Africa.
MPXOF success to get cheaper plenty of lands and cheaper employees. Nonetheless, it does not mean the expenses of the budget must keep relevant to other areas. To catch this company, you must monitor MPX because many people want to its share. It is because the stock is always stable, healthy, and amazing in growth.
2. Supreme Cannabis Company (SPRWF)
In October 2018, Canada started to support the cannabis startup and Supreme Cannabis Company got the advantages. The company that produces 7ACRES make it stand out among other the best marijuana penny stocks to buy now. It is because the product has a gold standard with high-quality different types.
SPRWF also runs a B2B strategy to perfect the skill for the long term. The Supreme Cannabis Company stock has a surprising opportunity it can offer a differentiation that most customers want.
3. Auxy Cannabis Group (CBWTF)
In trading penny stocks, many people get difficulty to predict the price estimation for the future. They must separate between the reality and hype where it is not easy. On the other hands, some advertisements come with advertizing its significant potential increase.
Now, you can trust your penny stock trading in Auxy Cannabis Group the energy and mining company. It includes the first cannabis streaming company that access to a supply chain industry without risk.
Even though, CBWTF’s share does not grow well since its missing until more than a half of equity rate. Yeah, it happened in January but the company has made a further step. The company looking for marijuana penny stocks to buy right now goes to the mainstream institutional acceptance. The trade war between the US and China which is heating up gives a fresh win for Auxy.
4. Cannabis Science
Cannabis Science comes as the most speculative stock among cannabis stocks. It has a very low stock price but the company is very innovative to heal cancer. CBIS also states that the product is very credible which has been tested for thousands of years ago. By the way, this stock does not appropriate to conservative investors but it keeps deserving to try.
6 Steps to Invest Marijuana Penny Stocks
You must remember that the character of penny stock is fluctuating and unpredictable. The distance between the blessing and disaster is very thin.