Best sub penny stocks to buy

Five states including California will vote on whether to legalize recreational marijuana next month, and Arkansas and Florida will vote on whether to legalize marijuana for medical purposes, which could boost stocks in the sector. Legalization in Florida was narrowly defeated in The stocks below are just three of the 23 constituents that form the North American Marijuana Index.

These companies already have racked up market-beating gains , which will continue next month and beyond if marijuana legalization is successful.

Keep a close eye on these stocks, and be ready to buy on dips as volatile markets continue through the end of this month. All eyes will be on California. A vote to legalize there will provide strong momentum for the other six states' legalization initiatives.

Florida is the third most populated state, with 6. Successful votes in these states could lead to upsets in Arizona and Massachusetts that have encountered push-back from anti-legalization groups. The other states with marijuana legalization on their ballots are Maine and Nevada.

In partnership with rapper Snoop Dogg's Leafs brand, Canopy Growth is ready to roll out three new strains of marijuana across Canada by the end of the month. That is exciting news for the recreational marijuana user in Canada, but what does it mean for the company's earnings? Aurora Cannabis achieved two major milestones in the past 30 days that one would expect of a young growth stock. This milestone reflects "remarkably rapid operational and commercial progress," Chief Executive Terry Booth said.

This offering makes Aurora Cannabis one of the best capitalized companies in the cannabis sector, Booth said. We talk with an industry expert about the outlook of the marijuana industry.

Shares of these three companies were big winners following the election last month and have the best long-term growth prospects.

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These marijuana stocks are ready for huge growth, particularly if November is a successful month for legalization. Let's look at the the three stocks.

Sub Penny Stocks – Aim High Profits

First, the company's shares were moved to the Toronto Stock Exchange's Venture Exchange. Canopy Growth TWMJF CGC: Toronto Snoop Dogg's endorsement would give Canopy Growth an edge against its Canadian peers once recreational markets become available.

This advantage would become especially pronounced once Canadian marijuana producers start looking to recreational markets in the U. GW Pharmaceuticals GWPH The company is based in the U. GW Pharmaceuticals has been in the news this year because of its cannabis-based treatment for epilepsy , Epidiolex. The treatment uses the non-psychoactive chemical found in marijuana, cannabidiol, to reduce the number of seizures in patients with Dravet syndrome and Lennox-Gastaut syndrome.

The company plans to file Epidiolex for Food and Drug Administration approval to treat the epileptic syndromes early next year with expectations of launching the drug by the end of or early These syndromes are difficult to treat so the company's success here might open the door for it to be one of the premiere makers of epilepsy drug treatments.

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You are using an outdated browser. Please upgrade your browser to improve your experience. Jim Cramer's Best Stocks for Most Recent Trade Alert. Subscribe Access insights and guidance from our Wall Street pros. Find the product that's right for you. Oct 26, 9: Prev 0 of 3 Next. Mar 1, 2: Here Is Why These 3 Marijuana Stocks Haven't Even Started to Peak Shares of these three companies were big winners following the election last month and have the best long-term growth prospects.

Dec 2, 9: Oct 13, 3: Amazon Is Bringing One of Its Most Important Businesses to This 'Awesome' Emerging Market.

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