Cannabis Stock Outlook 2014: Survey Results

These are exciting times!  Colorado will be the first state to allow legal cannabis to adults in just hours.  I decided to survey investors regarding their views on several issues.  The results below are for 77 respondents.  

PHOT took first place with 48% of the vote.  TRTC was a distant 2nd place at 17%, while GWPH was the only other double-digit recipient (13%).  

Investors expect at least one company to uplist next year.

Those who had an opinion overwhelmingly expect MDBX to not meet its guidance of registering with the SEC by the end of Q1.

While many didn't express an opinion, almost half of those surveyed expect that Dixie will separate from MJNA.

Steep Hill Halent announced recently that it expects to IPO in Q1.  Apparently no one cares!

14% of those surveyed believe that GWPH will be acquired.

For those who had an opinion, most thought that Jamen Shively will deliver on his projection to open a high-end cannabis store.

The vast majority of respondents are expecting more legalization approvals this year, with 79% expecting at least 2 additional states.

Almost 2/3 of respondents think that the federal government will legalize domestic production of industrial hemp.

We will be conducting more surveys in the future - please send me a message if you have some topics you would like us to explore.  Also, we surveyed members of 420 Investor separately.  The 2014 Best Stock according to them is a bit different from the results on the non-member survey, as were a few of the other answers.

If you are new to the sector and want to learn more, we offer a free e-book that you can download here.  Happy New Year!

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Guest Post - Vape Pens

I always appreciate when a member wants to share his or her perspective.  In this case, GreenRushColorado takes a look at how vape pens are changing the cannabis scene in Colorado, where he lives:


The Rapid Growth of Vape Pens ...

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TRTC Presentation Slides

Thanks again to Derek Peterson, CEO of Terra Tech (TRTC) for sharing his time with us.  Here is a link to the recording (90 minutes).  Here are the slides from his presentation:



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The Nevada MMJ Opportunity: An Interview with Greg Obbink

Nevada is often mentioned as one of the more attractive opportunities in the medical marijuana space.  Our webinar with Rob Hunt, President of GrowLife Hydroponics (PHOT) earlier this week confirmed this.  For those who missed it, the presentation and Q&A ...

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$MJNA - Thoughts on the SEC Inquiry

MJNA is tanking hard.  Beyond stop-losses being triggered, there are many potential fundamental reasons - weak Q3 results, the CANV dilution, the product safety accusations and the SEC inquiry (as of June 17th and disclosed in August through the OTC disclosure ...

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MJNA: Why I Say Sell

I have followed Medical Marijuana, Inc. (MJNA) closely for 9 months.  It has been a story that has disgusted me as far as the lack of transparency and the poor corporate governance but also one that has offered hope, as ...

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Friday Fraud Find

One of the stocks that I have been warning folks about for several months is AVT, Inc. (AVTC).  So far, I believe that my warnings have been not only helpful but for the right reasons.  Here is the chart:

I ...

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Three Companies Capitalizing on Cannabis Right Now

One thing 2013 has taught cannabis investors is that not all pot stocks are the same.  At 420 Investor, one of our goals is to separate the proverbial flower from the stem as we identify the companies that have potential ...

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Diego Pellicer: Leading the Charge To End Cannabis Prohibition

420 Investor had the great pleasure of hosting Jamen Shively, founder of Diego Pellicer, for two fascinating webinars.  One our four pillars of our service is to bring our subscribers outside experts and industry leaders, and we started at the ...

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MJNA Launches CBD Drops

For all you MJNA fans, I just got an email from HempMedsPx - with a broken link!  Still, one can get to the order site.  Here is the first offering, and it's a Dixie Botanical knock-off, as I had ...

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MCIG: Here is the mCig

Good news:  My mCig just arrived

Bad news:  I really have no idea what to do with it!

Here it how the package looks:

The instructions on the back have misspellings and are missing some letters on the far right ...

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Does Medical Marijuana, Inc. (MJNA) own Dixie Elixirs?

One of the biggest misconceptions in the cannabis investing sector is the belief that Medical Marijuana, Inc. (MJNA) acquired the Colorado-based Dixie Elixirs & Edibles in 2012.  Nothing could be further from the truth.  If you already know this, then there is no need to continue.  But, if you have any question about the relationship between MJNA and Dixie, read on.

First, don't blame yourself if you were confused.  I don't want to accuse MJNA of fooling people on purpose, but there were many times when they blew smoke to obfuscate the reality.  I described this earlier this year in a Seeking Alpha post.   So what's the real deal?

MJNA created a subsidiary called "Red Dice Holdings",  which is 60% owned by MJNA and 40% by Left Bank LLC (dba Dixie Elixirs & Edibles).  MJNA kicked in $1.45mm, while Left Bank contributed the brand (Dixie) and intellectual property.  The deal was described in an OTC Markets disclosure for Q2-2012: 

Sorry that this is crooked, but this is the lame way MJNA was ...

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