5 Ways to Play the Hottest Trend in Cannabis
January 29th, 2014
News, Top Story
Written By Alan Brochstein of The 420 Investor.
With the implementation of legal, recreational cannabis in Colorado going smoothly, Washington’s implementation on the way this spring and talk of many other states considering legalization, marijuana stocks have been quite strong this month.
While the entire sector is performing well, one part of the market capturing attention early in the year is vaporization. For those not familiar with this method of consuming cannabis, it involves heating liquid or wax concentrates (or even leaf), but without burning it. Industry think-tank Arcview pointed to the trend in its State of the Legal Marijuana Markets, 2nd Edition report.
There are many benefits to “vaping” compared to smoking, including less waste, fewer health risks, easier concealment and a more potent THC hit. Investors in public stocks can’t yet invest directly in marijuana concentrates, but there are five stocks poised to benefit from the trend toward vaping.
Medical Marijuana, Inc. (OTC: MJNA) sells a product through its subsidiary HempMedsPx, the Brain Dart™, a vape-pen that sells for $30. The company also sells cartridges of hemp oil, HempVĀP™, with a significant concentration of cannabidiol (“CBD”), one of the constituents of marijuana. Customers can buy an empty cartridge that can be filled with concentrates derived from marijuana as well. The hemp oil is manufactured by related company, CannaVest (OTC: CANV).
Medbox (OTC: MDBX) is best known for its vending machine — but, through an acquisition, it entered the vaporization market last year, buying Vaporfection International. The company offers the viVape 2, a tabletop unit which retails for $299, and it will be offering the miVape, a portable vaporizer, this summer. The company recently was awarded two patents.
Vape Holdings (OTC: PLPED) is a relatively new company that recently acquired HIVE Ceramics. It offers ceramic nails used in “dabbing” — placing a dab of cannabis on a hot surface and inhaling the heated product — as an alternative to titanium or quartz. The company intends to offer “cutting-edge technology” for vaporization of cannabis concentrates, including vaporizers, ceramic elements, dry herb chambers and tooling and manufacturing services. In early February, the symbol will change to “VAPE”.
Seattle-based Mcig (OTC: MCIG) recently launched its second-generation vape-pen that sells for just $10. The device lends itself well to travel and inconspicuous consumption. The new mCig device vaporizes dry leaf and wax but also will soon offer the option of liquid concentrate vaporization. The company also announced an acquisition of Vapolution, which sells a higher-end tabletop unit for $175-250 as well as a portable unit for $210, rounding out its product set, and it will soon launch a new product that it hasn’t yet fully disclosed, the “Vita”.
Disclosure: 420 Investor has a long position in its paper portfolio in MCIG
As the public cannabis industry evolves and policy continues to change, you can continue to profit in the public markets by staying up to date with Alan Brochstein’s 420 Investor, a private newsletter and community made up of the industry’s top investors.
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 CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.