3 Best Penny Potstock Investments for 2020
Our analysts work around the clock to aggregate comprehensive analyses of cannabis penny stocks. They’ve determined the 3 best penny potstock investments for 2020. Which of these stocks should you buy and why?
The cannabis industry has seen numerous challenges as it slowly emerges into a newfound position with the United States as a medicine and as a recreational substance. Cannabis as a commodity is a new market entirely and the timetable to establish a reliable distribution network in Canada was underestimated. The number of brick-and-mortar retail locations in Canada did not meet expectations and contributed to an oversupply of cannabis.
Canadian cannabis companies, who would have performed at a reasonable, profitable level, would have met their revenue guidance if provincial governments were able to fast-track the issuance of recreational cannabis dispensary licenses. Due to the lack of a distribution network in Canada, as well as other bumps from outside influences in the cannabis sector, several Canadian cannabis stocks now trade at less than a dollar.
Our analysts have evaluated the fundamentals and have a special shortlist of 3 cannabis penny stocks that are considered to be undervalued and the best cannabis investing opportunities for the market to come: The Green Organic Dutchman Holdings Ltd. (OTCQX: TGODF), The Supreme Cannabis Company (OTCQX: SPRWF), and Khiron Life Sciences (OTCQB: KHRNF) are our analyst’s top cannabis penny stock picks for 2020.
3 Best Penny Potstock Investments for 2020
The Green Organic Dutchman Holdings Ltd. (OTCQX: TGODF) is a company that cultivates high-quality dried cannabis flower through organic cultivation practices. It is a company that has some of the top cannabis strains on deck and they are all available for purchase online at its official website. The company also has a diverse product line of cannabidiol (CBD) oils and also has a cutting-edge line of cannabis-infused powdered drink mix packets called TGOD INFUSERS™.
The Supreme Cannabis Company (OTCQX: SPRWF) has a reach that spans across several Canadian provinces. The company has a total of 450,000 sq. ft. in facilities that are all fully licensed by Health Canada. It recently completed a 340,000 sq. ft. facility in 2019. Supreme Cannabis has a line of tinctures that are produced at a rate of over 7 million bottles annually.
Khiron Life Sciences Corp. (OTCQB: KHRNF) has a widely-known cannabidiol (CBD) skincare brand called Kuida®. The brand was recently in the news as it was accepted into Spain after it passed approval by regulators. The TSX Venture Exchange answered the company’s request to enter Spain’s skincare market with a “no objection” letter. It is estimated that the skincare market in Spain is worth $1.7 billion.
3 Best Penny Potstock Investments for 2020
About Cannin: Cannabis and Hemp Investment Experts
Market analysts expect the cannabis and hemp industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in cannabis and hemp stocks is now! Are you looking to buy stock in hemp companies or cannabis companies? Interested in emerging penny pot stock companies? Looking for the best Canadian pot company to invest in? Cannin is your trusted resource for information about Cannabis and Hemp stock investment opportunities. Our global team of experts evaluates emerging cannabis stock investing companies. We aggregate hundreds of hours of research and distill it down to make it easy for our investors to understand. We provide tips on the best cannabis and hemp stock investments for 2020. We provide the latest hemp investment news and analysis. Visit our site for cannabis investing news and featured companies, sign up for the free Cannin Chronicle or get a free trial of our smart cannabis and hemp stock algorithm to take the guesswork out of profiting from this exciting industry. Predict the price of cannabis and hemp stocks hours in advance with our machine learning algorithm. Is it too late to invest in marijuana? No! This is the perfect time.
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