be_ixf;ym_202105 d_06; ct_50

Select Page

Cannabis Rally Alert: 1 Overlooked Stock to Buy Now

Cannabis Rally Alert: 1 Overlooked Stock to Buy Now

Story Highlights

  • A bombshell earnings report prompted one cannabis stock to rally 44%.
  • But investors overlooking a hidden detail are putting their money behind the wrong name.
  • Anthony Planas reveals why the Street got the story wrong — and how you can profit from it.

Don’t blink … cannabis stocks are ripping higher.

In case you missed it, pot stocks are shaking off close to a yearlong bear market.

And one company in particular incited the sector’s rally: OrganiGram Holdings Inc. (Nasdaq: OGI).

The Canadian producer posted earnings that bulldozed investors’ expectations. That’s because its revenue shot up roughly 50% since last quarter.

Shares of OrganiGram closed 44% higher on January 15. But the gains didn’t stop there.

The Horizons Marijuana Life Sciences Index ETF (Toronto: HMMJ), an exchange-traded fund (ETF) with top North American cannabis holdings, rallied 6.5% on the day.

This was enough to lift other beaten-down names:

But the hype-fueled rally should raise questions in investors’ minds: What actually caused the rally? And is it too late to get in?

In this week’s Marijuana Market Update, I answer those exact questions. I tell you exactly what OrganiGram’s earnings mean — and which specific company is the best buy in the sector right now. (Hint: It isn’t OrganiGram.)

Profit From Wall Street’s Knee-Jerk Reaction

Wall Street is still overlooking one of the best-kept secrets in the cannabis sector.

This company saw revenue grow 337% since it went public last year. And unlike its peers, it’s in the black with positive earnings.

But this is only the start for this tiny Ontario-based company. That’s because, with the launch of Cannabis 2.0 in Canada, its products and services will be in huge demand.

We just released this recommendation to Front Line Profits readers.

Front Line Profits is a cutting-edge research service that works to uncover the greatest small-cap stock opportunities across a number of different industries, including pot.

With Front Line Profits, you’ll never be left in the dark when it comes to the next big stock play.

Click here to find out more!

Good investing,

Anthony Planas

Internal Analyst, Banyan Hill Publishing

Newsletter Sign Up




“Paul, your investment research has been a godsend. Our portfolio was just a tad over two million dollars. I paid my daughter's legal fees, my wife's medical expenses, helped my wife's stepmother with home repairs, loaned our son money for real estate. I also bought two used vehicles, one for our daughter and one for our eldest grandson. All told, these expenses added up to well over a quarter million dollars. I am happy to report that we have profits left over!”

- Taylor M.

"You have done once again!! You are reminding me of the GREAT Joe DiMaggio with your consistent hitting!! You knocked this one out of the park!"

- Keith S.

“Loving this. Should have started a long time ago.”

- Jay

Share This