Alert! Pot ETF Set To Soar!

May 2, 2019
By Vlad Karpel

RoboStreet – May 2, 2019

Billion Dollar Deals in Cannabis Making Headlines

One word is all it takes from Fed Chairman Jerome Powell to trigger a hissy fit in the stock market. In his post-FOMC interview, Powell used the word “transitory” to describe interest rate policy going forward, which disappointed investors looking for language that would point to a future cut in interest rates. It’s hard to argue with Powell given the strong 3.2% GDP print for the first quarter and the latest ADP report showing U.S. firms hired 275,000 workers in April, the most in nine months.

Bond yields nudged higher, the 10-yr T-Note yield rising to 2.53% and the dollar rallied to within 1.0% of a 2-year high. First quarter earnings are also coming in above consensus. With over half of the S&P 500 companies reporting, 78% are beating earnings estimates and 59% are beating revenue estimates according to FactSet. As the reporting period winds down, what was expected to be negative growth of -3.9% for Q1 is now looking like composite earnings will come in at around +1.0%.

While earnings season is the focus of investor attention given how many of the leading stocks gapped higher or lower on their numbers, there is a parade of mega-million and billion-dollar deals getting inked in the cannabis industry as big money swarms into a space where the prospect of huge profits from medical and recreational use have captured widespread interest from both deep-pocket public and private money.


 “I’m investing my own money in each and every stock as my AI platform identifies.”

And remember we’re not talking about day-trading here.  I’m looking for 50-100% gains inside of the next 3 months, so my weekly updates are timely enough for you to act.

Click Here – To See Where I Put My RoboInvestor Money


Within the past month, Canopy Growth struck a tentative deal with Acreage Holdings, the large U.S. based producer of cannabis for $3.4 billion. Curleaf Holdings announced it will acquire Cura Partners in an all-stock deal valued at $950 million. Harvest Health and Recreation stated it would buy Verano Holdings for $850 million in an all-stock deal and Cresco Labs is buying pot distribution company Origin House for $850 million. All in all, over $6 billion in merger and acquisitions have been announced.

For investors, getting solid research and data from the cannabis companies is difficult and with so many moving parts in the nascent sector, it’s easy to get confused about which companies make for the best investments. One way to capture the broad-based interest in the space is by owning the only publicly traded Exchange Trade Fund (ETF) – the ETFMG Alternative Harvest ETF (MJ) where a team of fund managers has a real-time pulse on the cannabis business.

Shares of MJ trade on the NYSE and have a market capitalization of $1.25 billion and trades about 500K shares per day. There are 38 total positions within the fund and below are the top ten holdings and their respective percentage of assets.

Until there is a well-defined road map of which companies stand to dominate the market, it might be best to cast a wider net over the sector where those people closely tied to the industry can steer investor capital into the most promising stocks. One thing for sure is that all the money pouring in and extensive deal-making is exciting from the standpoint that the investment proposition is gaining credibility.

Already well-established credibility is with my AI-driven investing service RoboInvestor where after a year from when it was launched, the service has provided winning trades on closed positions 92.98% of the time. Of the 57 trades opened and closed, 53 have posted gains. A $100,000 account is averaging just over 4.86% per trade or $728 in hard dollars and demonstrates just how well a platform built around artificial intelligence can deliver consistent and strong results.

As the market approaches the summer months, the investing landscape typically becomes more difficult to navigate. Having the power of a custom-tailored AI platform that is back-tested going back to 1993 provides an intense set of criteria that is constantly being updated to eliminate risk and add potential to each and every trade. I take great pride in having constructed this proprietary AI program and am even more proud of the results it generates to RoboInvestor subscribers.

Take the time to sign up today as a RoboInvestor and come alongside hundreds of other subscribers that have seen their investment capital work overtime for consistent and steady wealth creation. I believe it will be one of the best financial decisions you will ever make and I put my money behind my conviction in every trade, every day.


 “I’m investing my own money in each and every stock as my AI platform identifies.”

And remember we’re not talking about day-trading here.  I’m looking for 50-100% gains inside of the next 3 months, so my weekly updates are timely enough for you to act.

Click Here – To See Where I Put My RoboInvestor Money

*Please note: RoboStreet is part of your free subscription service. It is not included in any paid Tradespoon subscription service. Vlad Karpel only trades his own personal money in paid subscription services.  If you are a paid subscriber, please review your Premium Member Picks, ActiveTrader, MonthlyTrader, or RoboInvestor recommendations. If you are interested in receiving Vlad’s personal picks, please click here.


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