 Weed stocks to watch now: mergers + earnings winners ✔️ The plays I love to take advantage of... ✔️ What to prepare for as the marijuana sector heats up... ✔️ The big catalyst moving marijuana stocks... Sponsored Content Hey, Tim here.
Mergers and acquisitions are the big catalysts for the top marijuana stocks to watch in June...
The Tilray, Inc. (NASDAQ: TLRY) and Aphria Inc. merger completed in early May. That created the largest marijuana company by revenue.
And The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) shareholders are due to vote on the proposed merger with Canopy Growth Corporation (NASDAQ: CGC) later this month...
Now two other companies with merger news made this month's watchlist.
So what does all this mean for the overall sector?
I'll watch and see...
But as companies in the sector continue to grow, we could see more mergers...
The bigger cash-rich companies will likely continue to buy out smaller ones.
And that can mean more news catalysts for prepared traders to take advantage of.
So study up now. Be ready for any news or rumors that could spark the entire sector.
Remember that marijuana stocks tend to move as a whole…
One stock moving on big news can create trading opportunities and sympathy plays in the entire sector.
We've seen it happen in the past. And although history doesn't repeat itself exactly... Sponsored Content  If you want our ultimate penny stock education…
Have you considered applying for Tim Sykes' Millionaire Trading Challenge?
(There are current openings for the 2021 team)
So if you'd like... It often rhymes.
And I love to take advantage of sympathy plays.
So even though the big names in marijuana didn't make my list this month, I'll be watching them as the sector leaders.
Get your game plan ready...
Learn from the marijuana stocks on my watchlist. Understand how they move on merger news, earnings, and management changes.
STUDY HARD!
— Tim
Your Thursday Reads The Best Crypto Penny Stocks to Watch Now Feeling priced out of the crypto craze? You're not alone. But the hype in bitcoin and other cryptocurrencies could offer sympathy plays in these low-priced stocks. Get my crypto penny stocks watchlist and prepare for all the action! Find Out Which Deadly Trading Sin Could be Killing Your Account >> You're probably making a huge trading mistake right now… And you need to fix it ASAP. Top Biotech Penny Stocks to Watch Biotechs are sketchy stocks that run on BS press releases and hype. But they present great opportunities for prepared traders to capitalize. I update this watchlist every Wednesday. See my list of the top biotech penny stocks each week and learn more about my process.
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