Looking for the top marijuana penny pot stocks list for 2020? We provide you with a list of the most popular small cap and large cap stocks and teach you how to trade them.
Do you want a list of marijuana penny stocks? Well, you are in the right place. We provide you a list of the most popular stocks below as well as an in depth video on how to trade them. PLUS, you get entry and exit strategies. We also post our hand picked watch list daily by 9 pm est which looks specifically at stocks to trade the next day! It combines medium to high float stocks between $0.30-$20. If pot stocks are running...expect to see them on our list. Bookmark our daily watch list page and check it daily Here.
Alright, now let's get down to business. If you're thinking about buying marijuana penny stocks...the first thing you should do is check out the ETF of $MJ below. What does the chart tell us? It has been making some higher highs. I am waiting for the sector to breakout before trading it. Be patient and follow the patterns.
If the chart is bullish vs bearish...get excited because it's a good sign it might be time to trade these stocks again. Are we seeing a rounded bottom forming in 2020? We need to see the daily charts and weekly charts breakthrough resistance to get amped up. Keep an eye on this sector, as there is still a lot of opportunity around the corner. There's a quick video on the 5 marijuana penny stocks I am watching currently below. Oh and check out my latest analysis of $MJ here on twitter.
There has been a lot of focus lately on stocks in the cannabis sector... and for a good reason. Stories of shares going from $.20 to $20.00 are not unheard of. So what are the best potstocks?
Marijuana Penny Pot Stocks List
Welcome to our master page on all things Pot stocks. Below is a penny pot stocks list of some of some of the most popular marijuana stocks. It's important to note that the prices will change due to market conditions. Be sure to get accurate quotes from your broker. Also..please trade the charts! Don't trade stocks based on anyone's recommendations. Do your own research first, or higher a professional.
Alright, here's what we do for our members. Below we include a mix of cannabis penny stocks, small caps, and also larger cap marijuana stocks. *Pricing subject to change below. Please pull up the chart in your brokerage account to confirm current pricing, stocks move up and down everyday. Also, please make sure not to trade any stocks on list if you don't know how to trade. Watch our video and take our free trading courses first.
* We are not affiliated with nor endorse any of the companies on the lists below and nothing on this site constitutes a recommendation to buy or sell. Which ones are our favorites from this list? The one's with Bullish CHARTS!! Join our community and get analysis of pot stocks weekly when they are running and get in on our stock alerts!
Further below you'll find a list of high volume penny pot stocks that were heavily traded today. Check this list from time to time to find the highest volume movers.
1. Hottest Penny Pot Stocks
- PLPL: Plandai Biotech - under $0.01
- CBIS: Cannabis Science - under $0.03
- HEMP: Hemp Inc - under $0.05
- MSRT: MassRoots Inc - under $0.05
- VPRB: VPR Brands - under $0.05
- ENRT: Enertopia Corp - under $0.05
- GRNH: GreenGro - under $0.05
- MJNA: Medical Marijuana - under $0.05
- MCIG:- MCIG Inc - under $0.10
- POTN: PotNetwork - under $0.10
- DIGP: Digipath Inc - under $0.15
- VAPI: Vapir Enterprises - under $0.15
- GBLX: GB Sciences - under $0.15
- GRWC: Grow Capital - under $0.25
- MNTR: Mentor Capital - under $0.30
- INSY: Insys Therapeutics - under $0.30
- SRNA: Surna Inc - under $0.40
- EVIO: Evio Inc - under $0.50
- EDXC: Endexx Corp - under $0.50
- CHOOF: Choom Holdings - under $0.50
- CGRW: Cannagrow - under $0.50
- AGTK: Agritek Holdings - under $0.50
- CNAB: United Cannabis - under $0.50
- TURV: Two Rivers Water - under $0.70
- LBUY: LeafBuyer Tech - under $1
- HLSPY: HelioSpectra - under $1
- LXRP: Lexaria Bioscience - under $1
- TRTC: Terra Tech - under $1
- CANN: General Cannabis - under $1
- HLIX: Helix - under $1.50
- ACAN: Americann Inc - under $1.50
- CBDS: Cannabis Sativa - under $1.50
- XXII: 22nd Century Group - under $2
- MMNFF: MedMen - under $3
- TGODF: Green Organic - under $3
- MDCL: Medicine Man - under $3.50
- CVSI: CV Sciences - under $5
- CRBP: Corbus Pharmas - under $7
2. Canadian Pot Stocks
- BLOZF: Cannabix Tech - under $0.50
- NXTTF: Namaste Tech - under $1
- SPRWF: Supreme Cannabis - under $2
- EMHTF: Emerald Health - under $2
- HEXO: Hexo Corp - under $10
- CTST: CannTrust Holdings - under $10
- OGI: Organigram Holdings - under $10
- APHA: Aphria Inc - under $10
- ACB: Aurora Cannabis - under $10
- CRON: Cronos Group - under $20
- CGC: Canopy Growth - under $40
3. Largest Marijuana Stocks
- MJ: Cannabis ETF - under $20
- YOLO: Cannabis ETF - under $25
- ACB: Aurora Cannabis - under $10
- APHA: Aphria Inc - under $10
- KSHB: Kushco - under $10
- GTBIF: Green Thumb - under $15
- TCNNF: Trulieve - under $15
- CRON: Cronos Group - under $20
- ACRGF: Acreage Holdings - under $20
- CWBHF: Charlotte's Web - under $20
- ZYNE: Zynerba - under $20
- CARA: Cara Therapeutics - under $30
- CGC: Canopy Growth - under $50
- TLRY: Tilray Inc - under $50
- MO: Altria Group - under $55
- ARNA: Arena Pharma - under $65
- SMG: Scott's Miracle Grow - under $100
- ABBV: Abbvie Inc- under $100
- IIPR: Innovative Indust. Prop - under $105
- GWPH: GW Pharmaceuticals - under $200
4. Watch Our Video on How to Trade Marijuana Penny Pot Stocks
Penny Pot Stocks List With Course
The world of legalization of medical marijuana has changed everything for marijuana penny stocks! With all of the legislative changes in the last 5 years, its important to check out and stay on top of the top penny stocks.
Make sure to register for our free trading courses below if you want to need more help trading stocks.
We also have two free options courses that will teach you how to trade larger cap pot stocks if you don't want to trade marijuana penny stocks.
States keep legalizing the use of cannabis. As of December 2019, 33 states have legalized medical marijuana and 11 have approved adult recreational use. Illinois recently legalized for January 2020, and Minnesota is coming next for February.
Each governor in NY, VT, New Mexico, PA, RI and our home state of CT supports recreational cannabis use! Most of these states are considering legislation or intend to start the draft process in 2020...
That being said, our team provides you a comprehensive penny pot stocks list on our website. Also included is an in depth video tutorial explaining what to look for and how to trade marijuana stocks. We do our best to try and always help our members and protect their brokerage accounts and not yolo stock trading or end up "bag holding".
The pot stock sector is extremely volatile and is known for pumping and dumping. Guru's on stocktwits and twitter are quick to shout buy this and buy that. Be careful. There's a lot of money to be made and also lost in this industry. We do what the "pumpers" DON'T! We teach you how to trade penny pot stocks safely. Please make sure to watch the videos on this page. You'll thank us later.
You're also probably wondering how we determine the value of a companies stock. Well, to value a stock, we use the price-to-sales ratio (P/S), which compares a company's stock price to its revenues. First, its an indicator of the value placed on each dollar of a company's sales or revenues. Secondly, it's a valuation tool that tells you how much investors are willing to pay per dollar of sales for a stock. To calculate the P/S ratio, we divide the stock price by the company's sales per share. What results is either a low ratio or a high ratio.A low ratio could mean the stock is undervalued. Alternatively, a higher-than-average ratio could indicate that the stock is overvalued. Below are two pot stocks with the lowest 12-month trailing price-to-sales (P/S) ratio.
1. Amyris Inc. ($AMRS)
Market Capitalization ($M): 368.65
12-Month Trailing P/S Ratio: 1.5
Amyris is a biotech company and a leader in the research, development and production of sustainable ingredients for the Health & Wellness industry.
They specialize in engineering yeast to produce different substances such as cannabinoids. Last year, Amyris Inc. announced that it had signed a $300 million deal for cannabinoid development, licensing and commercialization.
The agreement between Amyris and LAVVAN, Inc., a newly-formed company backed by leaders across the pharmaceutical, cannabis, and financial sectors, intends to bring the first fermentation-derived cannabinoid products to market.
With this information in hand, the future looks a bit brighter for Amyris and is one potstock you should consider.
2. Aphria Inc ($APHA)
12-Month Trailing P/S Ratio: 1.7
A proudly Canadian company, Aphria Inc., sold an impressive 8,171 kg of cannabis, 4,491 additional kg's in the wholesale market, and 1,352 for medical use.
Although cannabis stocks have under performed the broader markets, including Aphria, its recent financial performance was impressive.
Furthermore, most of the company's key performance indicators improved as well, which is encouraging.
To put this in perspective, Aphria Inc. posted stronger-than-expected revenue on April 14. In fact, they posted a net revenue of $144.4 million; almost double the amount posted from the same time last year.
And, nearly $15 million more than analysts expectations! I must add that all of the analysts covering Aphria stock maintained a "buy" rating with a target price of $5.30.
3. Fastest Growing Potstocks
We define the fastest-growing potstocks as those with the highest year over year (YOY) sales growth in the last quarter.
Obviously, rising sales numbers mean's that business is growing. And one pot stock that is growing and growing rapidly is Tilray.
In fact, if a pot stock is popping on scanners with a good setup, then we post it to our list of penny stocks.
4. Tilray (NASDAQ: $TLRY)
Market Capitalization ($M): 700.9
Revenue Growth: 202.2%
Tilray was another victim of the global financial meltdown, thanks to COVID-19. TLRY saw it's share price dragged down to $2.43 on March 18.
However, they've since made a shocking recovery, a 205% rise in price to $7.41. Further to that, last month alone, Tilray stock rose 17% compared to a 13% increase in the S&P 500.
Another point to keep in mind is that Tilray will report its first-quarter earnings after the market closes on May 11. Analysts expect Tilray's revenue to rise, and most investors are expecting to see sales more than double to about $51 million!
For the quarter, analysts expect Tilray to report revenue of $50.7 million—7.9% sequential growth from $46.9 million in the fourth quarter of 2019.
Tilray is not just another potstock company but one with their fingers in many pots. For example, Tilray acquired Manitoba Harvest (a hemp food manufacturer) in February 2019.
Since then, the company has spread its seed, making its hemp products available in over 17,000 retail stores across 20 countries. Moving towards the medical cannabis segment, the company sells its products in 15 countries across five continents.
Along the same token, they just introduced a selection of Cannabis 2.0 products, which include edibles, vapes, and beverages.
In edibles, Tilray launched Chowie Wowie and Goodship, while it introduced Canaca and Marley Natural in vapes. Meanwhile, in the beverage category, the company introduced Everie, non-alcoholic CBD-infused beverages, in partnership with Anheuser-Busch InBev and Labatt Breweries of Canada. (Just another reason why Canada is awesome)
What's important to take away is that the expanded product portfolio could drive the company's revenue up even further in years to come.
How to Buy a Potstock?
- Like any other stock, you can buy potstocks through a stockbroker. And, that includes those listed on the major exchanges and in other places like OTC markets. However, investors need to take caution. There is another way to buy penny stocks, and that is through the over-the-counter or OTC market. Check out our best brokerage firms list.
Players in this market include the pink sheet and the Over-the-Counter Bulletin Board companies. Unfortunately for investors, but perhaps fortunately for company owners, pink sheet listed companies are private and have next to no oversight or regulation.
Choosing to go this route is risky. Alternatively, OTC companies follow more stringent roles as they are owned and operated by NASDAQ.
Our online trading courses are designed to teach you how to trade stocks. Make sure to take them so you're properly
1. The Risk of Pot Stocks (And Many Penny Stocks)
The promises of "get rich quick" are tempting, but you need to do your homework first. My first concern is that a lot of marijuana penny stock companies use Form SB-2, which requires minimal information.
As an investor or trader, you have no idea if the house is built on solid footings or quicksand. Without a clear picture of the financials or data, you have no clue if the claims from the company are valid.
Part of the misleading information is because some marijuana penny stocks act as shell companies. These shell companies depend on the hype that drives the value up one day and back down another.
Savvy traders ride the momentum train both direction, scalping in and out of positions. Stock trading is all proper risk management.
Buy the Rumor & Sell the News
There's a very popular saying in the stock market that says buy the rumor and sell the news. This is especially important when trading any symbols off of our penny pot stocks list and even the marijuana sector in general. The marijuana stock sector carries with it a lot of "hype" and news which makes this sector extremely volatile to trade.
It's important to buy at support levels and sell at resistance levels. So, essentially you'd be buying the rumor near support levels and then selling the news near resistance levels. It's important to understand candlestick patterns and charts and not just purchase blindly. We teach you how in our how to trade pot stocks video as well as in our live trading room. Read More There are a lot of "pumpers" in the marijuana penny stocks sector. Many of them pump the heck out of a lot of the stocks on our penny pot stocks lists above. Does this mean that these stocks won't be good long term? Not necessarily but it's important to understand the risks associated with buying penny stocks. It's very risky to just blindly buy and hold marijuana penny stocks long term because they pump and dump a lot. We advise trading them. Buy low at support levels and sell on the news near resistance levels. Ever wonder why marijuana penny stocks dump after the good news hits? It's because traders sold the news. They bought the rumor and sold the news. They bought low and then sold high. It's that simple. Check out our stock sectors list on potential stocks to trade. If you want to make money in the stock market then it's critical understand how to buy and sell stocks. Technical analysis and charting methods are extremely important to learn. Yes, fundamental analysis is important to learn to, especially when researching pot stocks. Medical marijuana penny stocks are also very popular, so make sure to do proper research before investing in them. Charts give you the clues on where to buy and sell though. Candlesticks are the clues left by the fundamentalist traders. Head spinning yet? Then it's time to learn stock trading. The stock market is a battle between the bulls and bears. The bulls try to push price up and bears try to push price down. This tug of war leaves candlesticks. Candlesticks form patterns and these patterns give traders the clues and trading edge needed for when to potentially enter and exit a trade. Our penny pot stocks list video gives you a good overview of what to look for when looking to purchase marijuana penny stocks, however, there's much more to the process. There are a lot of patterns to learn when trading. We wish there was an easier or quicker way to learn but there isn't. You want to make a profit when stock market trading right? Well, then you need to know when to buy low and sell high. You have to know where to buy at support levels and when you should take profits at resistance levels. We have advance video tutorials in our next level stock training video library. Our watch list videos that we do on our YouTube are really helpful on identifying support and resistance levels as well as our courses. We aren't trying to discourage you from buying marijuana stocks by any means. It's a very lucrative industry but we want you to pause first before buying and ask yourself when you should buy and when you should sell. If you don't know how to answer this question then it might be best to not buy because you could very easily lose money with medical marijuana penny stocks. Check out our NASDAQ penny stock list.
Be Aware of the Potstock Pumpers
Marijuana Stocks Patterns Are Key To Learn
There are a lot of "pumpers" in the marijuana penny stocks sector. Many of them pump the heck out of a lot of the stocks on our penny pot stocks lists above. Does this mean that these stocks won't be good long term? Not necessarily but it's important to understand the risks associated with buying penny stocks.
It's very risky to just blindly buy and hold marijuana penny stocks long term because they pump and dump a lot. We advise trading them. Buy low at support levels and sell on the news near resistance levels.
Ever wonder why marijuana penny stocks dump after the good news hits? It's because traders sold the news. They bought the rumor and sold the news. They bought low and then sold high. It's that simple. Check out our stock sectors list on potential stocks to trade.
If you want to make money in the stock market then it's critical understand how to buy and sell stocks. Technical analysis and charting methods are extremely important to learn. Yes, fundamental analysis is important to learn to, especially when researching pot stocks. Medical marijuana penny stocks are also very popular, so make sure to do proper research before investing in them.
Charts give you the clues on where to buy and sell though. Candlesticks are the clues left by the fundamentalist traders. Head spinning yet? Then it's time to learn stock trading.
The stock market is a battle between the bulls and bears. The bulls try to push price up and bears try to push price down. This tug of war leaves candlesticks. Candlesticks form patterns and these patterns give traders the clues and trading edge needed for when to potentially enter and exit a trade.
Our penny pot stocks list video gives you a good overview of what to look for when looking to purchase marijuana penny stocks, however, there's much more to the process. There are a lot of patterns to learn when trading. We wish there was an easier or quicker way to learn but there isn't.
You want to make a profit when stock market trading right? Well, then you need to know when to buy low and sell high. You have to know where to buy at support levels and when you should take profits at resistance levels. We have advance video tutorials in our next level stock training video library.
Our watch list videos that we do on our YouTube are really helpful on identifying support and resistance levels as well as our courses. We aren't trying to discourage you from buying marijuana stocks by any means. It's a very lucrative industry but we want you to pause first before buying and ask yourself when you should buy and when you should sell.
If you don't know how to answer this question then it might be best to not buy because you could very easily lose money with medical marijuana penny stocks. Check out our NASDAQ penny stock list.
List of 5 Breakout Marijuana Penny Pot Stocks to Watch for in 2020
Penny Pot Stocks List & Watch Lists
The Bullish Bears team posts a daily watch list as well as a swing trade watch list several times per week. You'll notice the pages above under "lists". Our day trade watch list consists of low to high float stocks between $0.30-$20.
These stocks are meant to be momentum trades but can also be swing traded if you get the proper entry. Make sure to bookmark our watch list pages and check them daily if you're looking for other stocks to trade than just the ones on our penny pot stocks list.
We also offer trade alert "setups" as well as real-time stock alerts to our community members. Our setups are resistance areas that we are looking for a stock to break out of. We highlight we are looking for and then you decide if you're going to take the trade.
Our real-time trade alerts are focused on options trades on larger cap stocks. Make sure to read our alerts pages above to learn more.
We also post the morning gappers by 9 am each day on our Trade Ideas page. They are a list of the top moving stocks in the pre-market. Many of times they present good intraday moves to scalp and day trade. If you're looking to day trade then Trade Ideas is our favorite scanner to use. Bookmark our swing trade stock watchlists page.
1. Trading Penny Stocks Over Investing
It's important to trade the momentum when trading our penny pot stocks list or penny stocks in general. Again, penny stocks are pumped a lot and most traders day trade them or hold them for a couple days or so and then sell. That's why you'll see many medical marijuana penny stocks pump and dump.
The marijuana penny stocks sector is notorious for this. What goes up must eventually come back down at some point because traders want to take their profits. Unfortunately, many people lose their life savings trading penny stocks or pot stocks because they are looking to become a millionaire off of buying and holding cheap stocks and hoping they skyrocket.
This strategy rarely works and you're better of going to a casino and playing the slot machines. We always advise paper trading for several months and making a few hundred practice trades first before trading cannabis penny stocks or any stocks with real money.
The emotions of trading are very hard and it's important to understand technical analysis and how to trade first before blindly taking any trades. Make sure to bookmark our stock lists page.
2. Be Aware of the Cannabis Hype
Again, we aren't saying not to trade the symbols on our penny pot stocks list, we are saying to be careful. Take the time to learn how to trade. Don't rush the process. There will always be sectors to trade and profit from in the market. The pumping process will more than likely continue to ebb and flow in the marijuana penny stocks sector as well throughout the years.
So, it's smart to take the time now to learn how to trade so that you will have a lifetime skill of being able to trade and profit whenever any sector moves. Don't fall into FOMO.
Speaking of hype, make sure to watch our video on how to make money with bitcoin if you want to learn about another sector that pumps and dumps like medical marijuana penny stocks. We always try our best to give back to the community members within our trading service.
Best Marijuana Penny Stocks to Buy: List of What to Look for
- Large cap stocks with solid company financials
- Penny pot stocks with good fundamentals
- Avoid marijuana penny pot stocks that are being pumped
- Buy low and sell high (support and resistance)
- Only buy if the technical chart setup is ready
Penny pot stocks are a very popular sector to trade but again it's a very volatile sector and you need to be very careful trading this sector. Especially since most of these companies have terrible financials.
Also, there are a lot of chat rooms and pumpers of the cannabis penny stocks sector. The good news is that we aren't stock pumpers. We are teachers that teach how to trade any sector safely.
When the marijuana sector is running we will show you the potential areas of where to buy and sell. We don't call out entries and exits on penny stocks but we will teach you the necessary skills on how to do it yourself. We will also post the best marijuana penny stocks on our watch lists when they are running.
Then, when this sector is running, you'll know what to look for and be able to capitalize when taking a potential trade. This is a very lucrative sector if traded properly.
We create daily watch lists for our members so when medical marijuana penny stocks are running then we will let you know. Make sure to bookmark our watch lists pages above and check them nightly.
Stay tuned, we will keep you updated when the marijuana penny stocks sector moves. In the meantime, come and join our trading community and let us teach you the necessary skills to be ready for when the time comes again. Take our free small caps trading course.
Join Our Community and Learn
We like to consider ourselves the pay it forward community within the stock market and always do our best to give back and help our community members become profitable traders. We teach how to trade the symbols off our penny pot stocks list above as well as how to trade all different types within our community.
You'll learn how to become a very diverse trader if you come and join us. Feel free to ask questions, interact with other members and make yourself at home. Start your 14 day free trial!
1. Our Free Courses Will Help You Trade Them
We can't stress enough how important it is to study and practice a lot, especially if you're new as a trader. The content and the amount of resources that we provide to our members is invaluable.
We have beginners as well as advanced courses available. Our basic courses teach the fundamentals and our advanced courses teach how to take trading to the next level. We teach strategies such as swing trading, options trading and how to trade candlesticks patterns.
Patterns and knowing how to find support and resistance is key when trading. Traders are creatures of habit and pay very close attention to these critical patterns, especially when trading the best marijuana penny stocks.
If you know what patterns to look for then you can really capitalize when the pot sector really starts to move again. Make sure to take our free courses below to be prepared for when the cannabis penny stocks sector pumps again.
When you've taken our courses and feel comfortable then we recommend upgrading to our Next Level training library above. This is where we teach the laser focused trading strategies. This section will take what you've learned in our courses and show you how to take your trading skills to the next level. Potstocks are something I am focused on TRADING this year, and I'm watching for the right buy signs.
*Make sure to check out this penny pot stocks list page when this sector is running with our updated marijuana penny stocks list We recommend you bookmark it for updates often.