Cabot Marijuana Investor 421

Time For A Little More Buying One of the many adages about investing in stocks says, “Never sell a dull market short.” The theory, basically, is that if the market isn’t going up or down, it’s likely to go up, given that that’s the trend...
Read More

Cabot Marijuana Investor Update

Today, for a change, I’ll cover the news first, and the investing advice second. In Illinois, marijuana taxes exceeded alcohol taxes in the first three months of 2021. Marijuana tax revenue amounted to $86,537,000 while alcohol taxes brought in $72,281,000. I expect the to...
Read More

Cabot Marijuana Investor 321

Waiting for a Buying Opportunity Let’s start with the good news this week. Fourth quarter results are in for all but one of our companies (Jushi) and they were terrific, showing average revenue growth from the year before of 167%—a number that would be even without...
Read More

Cabot Marijuana Investor 221

“Legal Weed Stocks Dip Despite New Jersey Governor Signing Recreational Cannabis Bill Into Law” That was the headline on one of my news sources yesterday morning, implying that the action of the stocks in light of that legalization event was somehow illogical. But as know...
Read More

Cabot Marijuana Investor Update

As I’ve explained previously, I’ve become increasingly concerned that the blistering advance of the marijuana sector had progressed so far so fast that it was getting increasingly ripe for a correction. But as long as the stocks were advancing, I was happy to fully...
Read More

Cabot Marijuana Investor 121

2021 Kicks Off With a Bang A funny thing happened while I was preparing this issue yesterday. Not funny ha-ha. Funny odd. I was updating my performance tables and noticed that the performance of the Marijuana Index year-to-date was exactly the same as its performance all...
Read More

Cabot Marijuana Investor Update

Part of the marijuana sector’s strength, of course, is because the broad market is also trending higher. But a substantial part comes from the growing realization, especially in wake of last week’s election that promised us a uniformly Democratic federal government, that this will...
Read More

Cabot Marijuana Investor 1220

The Point of Peak Perception? It’s a truism of investing that stocks bottom when the news is terrible and pessimism and fear are the prevailing sentiments—but peak when the news is good and optimism and greed reign. You have only to look back to March a..
Read More