MJ Stocks Analysis

[nopancakemix]

Remember November and December 2013
For those lucky enough to get into the MJ market prior to Jan 1, 2014, you probably remember how awful the market was prior to the explosion. Most of the MJ stocks were at multi-year lows in November and December of 2013. In fact it was so bad the leading cannabis market "analyst" made the call to get out of MJ stocks until after the new year.

Unfortunately, that call ended up being a disaster, causing the lost opportunity of a lifetime for those who took the advice to stay out of the MJ market prior to Jan 2014.

Today we may have the same deal setting up. The 2 months leading up to Washington's legalization have been horrendous for the MJ markets, dropping most MJ equities by 50-90%.

I'm not saying a spike is inevitable and history tells us the MJ market is likely to keep falling for the rest of the year as it has done for the past few years, but for those who believe in the potential of this industry, now is as good as a time than any to start buying.

Disclosure
I have been setting up a new position in VAPE between 2.7-4.5 and added to my ERBB position at .029-.034. I am long MJNA, VAPE, ERBB, LATF, SKTO and TRTC.