USMJ PURA and KALY Signal Bullish; Motley Fool Reports Cannabis Stocks A Buy
March 24 2020 - 10:34AM
InvestorsHub NewsWire
USMJ PURA and KALY Signal Bullish;
Motley Fool Reports Cannabis Stocks A Buy
March 24,
2020 -- InvestorsHub NewsWire -- via NextBigTicker
-- Stock Technical Analysis (www.stockta.com) reported North American Cannabis
Holdings, Inc. (USOTC:
USMJ), Puration, Inc. (USOTC:
PURA), and Kali-Extracts (USOTC:
KALY) all reporting Bullish of Very Bullish
today.
The Coronavirus has many people at home
with anxiety on the rise and cannabis sales are
up.
Multiple reports are out on dramatic CBD
and Marijuana sales spikes.
Motley Fool published a report today on
3 Reasons Cannabis Stocks Are A Buy Right Now:
1. Demand remains high; 2. Valuations Are dirt cheap, and 3. The
long-term opportunity is still
huge.
Motley Fool highlights the promise of cash
rich, larger companies. However, don’t over look the
nimbleness of smaller companies to take advantage of situations
like the Coronavirus driven demand for cannabis products. It
also takes less opportunity to move the needle for a smaller
company. PURA, USMJ and KALY and other small cannabis sector
companies could be the first ones to have positive PPS
reactions.
Cannabis stocks have struggled over the
last year as the promising but more sober reality of the cannabis
sector opportunity has replaced the initial exuberance that came
with recreational legalization in Canada in 2018. Oddly, a
global crisis could be the catalyst that triggers a cannabis sector
resurgence.
PURA and USMJ have already reported
increased sales. It’s worth doing your research and finding a
list of other micro-cap cannabis companies that could also
benefit. Now could be the time to buy beleaguered stocks in
the micro-cap cannabis sector and potentially benefit from a PPS
jump triggered by increased sales coming out the Corona
Crisis.
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