The following article outlines stocks that are currently under $5/share that have made some significant increases in the last 3 months. While many cannabis stocks have had their ups and downs since the beginning of January these stocks have had a steady climb.
While the stock market can sometimes not be forgiving and quite volatile, I believe these stocks might be worth keeping your eye on and/or possibly worth the investment.
In my last article I outlined more expensive stocks including Chronos, Cannopy, Aphria, Cannimed & Aurora which have stocks that range from roughly $10-$36/share which have undoubtedly provided investors a handsome return even if you invested only 2 month prior.
The stock numbers in this article are in no particular order and based on the date of this articles publication however you can and idea on their upward trends in the last few months in addition to recent increases.
1. Harvest One Cannabis Inc. (HVST)
Harvest One is a company focused on both recreational and medical marijuana. It is one of the few companies globally with the capacity to commercially cultivate and sell medicinal grade marijuana in a federally regulated government.
Currently the lowest priced stock in my list hovering around $1.92. This stock has risen from $0.66 cents in the last 3 months with a 70% increase in just the month of January 2018.
On January 17th this stock was at $1.56 and only 5 days later is at $1.92.
2. Invictus MD (IMH)
Invictus was founded in 2014 and is comitted to providing high-quality medical marijuana. All licensed producers operate under the Access to Cannabis for Medical Purposes Regulations (ACMPR) with over 250 acres of production capacity. Invictus is looking to targeting a yield of 76,000 kgs of cannabis and expanding their facilities to 520,000 square feet in 2019.
This stock has seen a stead climb from $1.28 to $2.35 in the last 3 months.
In the last 5 days this stock has rise from $2.16 to $2.35.
3. Namaste Technologies (N)
Namaste Technologies began as an international cannabis eCommerce company operating 32 sites in 20 countries and offering the largest range of brand name vaporizers and smoking hardware products on the market.
This stock has skyrocketed from only $0.22 cents to $3.39 in the last 3 months and has risen from $2.90 to $3.33 in just the last 5 days.
4. WeedMD (WMD)
WeedMD is a licensed prod