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Cannabis sales are surging . . .
With American companies reporting triple-digit sales growth.
Top “pot stocks” are reporting huge sales growth rates of 106% . . . 134% . . . and even 157%!
One undiscovered cannabis stock expects to grow 855% over four years. And the stock
is getting ready to go public in 2021.
Go here to claim Pre-IPO shares today.
Most blue-chip stocks in the S&P 500 reported earnings in January or February.
However, America’s legal cannabis stocks typically release results in March.
Let’s take a look at the blockbuster results from three stocks . . .
Green Thumb Industries (OTC: GTBIF)
Green Thumb is a leading cannabis company based in Chicago. The company quickly
adapted its medical operations in that state to the recreational market.
The company is now operating 97 retail locations in 12 markets. And it’s experiencing
hyper growth in the last year:
- 157% jump in sales from a year earlier
- 546% increase “cash earnings” – also known as EBITDA
- $15 million in net income – beating Wall Street estimates
Trulieve has taken a focused approach in the state of Florida. It cultivates and produces
its own products – and sells them through its branded stores in Florida.
The company plans to expand in California, Massachusetts, Connecticut, Pennsylvania
and West Virginia. Here are the company’s latest full-year results:
- 106% surge in sales
- 99% increase in “cash earnings” – also known as EBITDA
- $63 million in net income
TerrAscend is a multi-state operator with cannabis facilities in Pennsylvania, New
Jersey and California. Plus, the company operates in Canada.
The company just released year-end financial results:
- 134% jump in sales
- $60 million in “cash earnings” – versus a $27 million loss
- $16.9 million in net income
These publicly traded pot stocks are seeing huge increases in sales.
The entire U.S. market saw $17.5 billion in cannabis sales last year – a 46%
increase.
That’s just the start . . .
New Frontier Data estimates that U.S. sales will grow to $41.5 billion my 2025. And
longer-term estimates suggest the industry will reach $100 billion.
Most “pot stocks” have already seen share prices surge 300% . . . 500% . . . or even
over 1,000%.
However, one undiscovered Nevada cannabis company is ramping up and growing
quickly. And the stock price hasn’t moved an inch.
That’s because this stock is currently PRIVATE.
The company is currently completing a Pre-IPO at just $1 per share. And they plan to
go public later this year.
Today you could claim private Pre-IPO shares.
My estimates suggest that the stock price could surge as much as 448% – AFTER the IPO.
Go here for urgent Pre-IPO details.
Yours in Wealth,
Ian Wyatt