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These three marijuana stocks are rising in popularity

KushCo Holdings, Curaleaf Holdings and Acreage Holdings are beloved by the momentum crowd, but not by professional investors

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By Nigam Arora

Marijuana canisters made by KushCo Holdings.

Marijuana has a bright future, but making money in marijuana is not as simple as buying a few stocks.

That is due to absurd valuations, short squeezes, pump-and-dump schemes and the prevalence of the momo (momentum) crowd in marijuana stocks. The momo crowd buys marijuana stocks because they are going up — this is not a good reason for prudent investors to buy marijuana stocks.

For those serious about making money in marijuana, there is a better tool. The tool is segmented money flows.

Since I wrote “How to potentially become a marijuana millionaire, albeit carefully,” a lot of money has been made in marijuana stocks by following money flows and ignoring company earnings. The Arora Report’s track record of success in marijuana stocks is easily verifiable. Let’s examine the current money flows with the help of a chart to help marijuana investors.

Read: Canopy Growth co-CEO reveals top priorities for world’s largest legal marijuana company

Chart

Please click here for a chart showing segmented money flows in 17 popular marijuana stocks. Please note the following:

• The popularity of individual marijuana stocks rise and falls. Moreover, new stocks become available for trading. For this reason The Arora Report periodically makes changes to the marijuana stocks that are included in the list of money flows.

• The three new stocks added are KushCo Holdings /zigman2/quotes/209165034/delayed KSHB -3.11% , Curaleaf Holdings /zigman2/quotes/205334348/delayed CURLF +2.24% and Acreage Holdings /zigman2/quotes/205165963/delayed ACRGF -2.11% . Smart money flows are negative in all three of them. However, momo crowd money flows are extremely positive in Acreage Holdings and Curaleaf Holdings. The short squeeze flows are also very positive in those two stocks.

• During the California gold rush, many gold miners went bankrupt but the merchants who supplied picks and shovels prospered. KushCo Holdings is supplying packaging, bottles and other ancillary items to the marijuana industry. Perhaps there will be a repeat of what happened during the California gold rush. For this reason, KushCo has been included in cannabis-related stocks in the list.

• Momo crowd money flows are positive in KushCo, but smart money flows are negative.

• As the chart shows, momo crowd money flows are positive in Canopy Growth /zigman2/quotes/200603886/composite CGC -3.19% . Please see “If you buy only one marijuana stock, this should be it.”

• As the chart shows, momo crowd money flows are extremely positive in Cronos /zigman2/quotes/206842762/composite CRON -8.80% and Tilray /zigman2/quotes/209129655/composite TLRY +0.76% .

• In contrast, smart money flows are mildly negative in Aphria /zigman2/quotes/207425803/composite APHA -2.61% , Canopy Growth and Cronos.

• A producer of organic marijuana, Green Organic Dutchman Holdings /zigman2/quotes/204266798/delayed TGODF -11.80% , has been removed from the list.

• As the chart shows, momo crowd money flows are positive in Aphria, Liberty Health /zigman2/quotes/204270480/delayed LHSIF +6.90% , MedMen /zigman2/quotes/201940908/delayed MMNFF -1.42% and New Age Beverages /zigman2/quotes/200595917/composite NBEV +3.85% . Please see “What to do now if you own, or want to buy, marijuana stocks.”

• Momo crowd money flows are positive in GW Pharmaceuticals /zigman2/quotes/209686240/composite GWPH +2.00% , Scotts Miracle-Gro /zigman2/quotes/200553749/composite SMG +0.10% and Constellation Brands /zigman2/quotes/207737284/composite STZ -1.36% . Smart money flows in these stocks are negative.

• Both smart money flows and momo crowd flows are positive in Corbus Pharmaceuticals Holdings /zigman2/quotes/201549545/composite CRBP +5.93% .

• Momo crowd flows are negative in Craft Brew Alliance /zigman2/quotes/209915231/composite BREW 0.0000% .

• Smart money flows in Aurora Cannabis /zigman2/quotes/210559470/composite ACB -11.85% are negative, but momo crowd money flows are positive.

• Momo crowd money flows are positive in marijuana ETF /zigman2/quotes/204332491/composite MJ -2.09% , but smart money flows are negative.

/zigman2/quotes/209165034/delayed
US : U.S.: OTC
$ 1.56
-0.05 -3.11%
Volume: 348,479
Nov. 15, 2019 1:34p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$173.93 million
Rev. per Employee
$339,343
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/zigman2/quotes/205334348/delayed
US : U.S.: OTC
$ 5.48
+0.12 +2.24%
Volume: 279,265
Nov. 15, 2019 1:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.39 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205165963/delayed
US : U.S.: OTC
$ 4.18
-0.09 -2.11%
Volume: 229,015
Nov. 15, 2019 1:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.07 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200603886/composite
US : U.S.: NYSE
$ 15.34
-0.50 -3.19%
Volume: 6.31M
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$6.44 billion
Rev. per Employee
$115,039
loading...
/zigman2/quotes/206842762/composite
US : U.S.: Nasdaq
$ 6.22
-0.60 -8.80%
Volume: 11.14M
Nov. 15, 2019 1:50p
P/E Ratio
14.08
Dividend Yield
N/A
Market Cap
$2.48 billion
Rev. per Employee
$55,248
loading...
/zigman2/quotes/209129655/composite
US : U.S.: Nasdaq
$ 19.96
+0.15 +0.76%
Volume: 1.50M
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.04 billion
Rev. per Employee
$62,689
loading...
/zigman2/quotes/207425803/composite
US : U.S.: NYSE
$ 4.30
-0.11 -2.61%
Volume: 2.27M
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.12 billion
Rev. per Employee
$147,410
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/zigman2/quotes/204266798/delayed
US : U.S.: OTC
$ 0.56
-0.07 -11.80%
Volume: 1.42M
Nov. 15, 2019 1:34p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$192.56 million
Rev. per Employee
$8,428
loading...
/zigman2/quotes/204270480/delayed
US : U.S.: OTC
$ 0.35
+0.02 +6.90%
Volume: 364,615
Nov. 15, 2019 1:32p
P/E Ratio
26.93
Dividend Yield
N/A
Market Cap
$119.72 million
Rev. per Employee
$71,336
loading...
/zigman2/quotes/201940908/delayed
US : U.S.: OTC
$ 1.01
-0.01 -1.42%
Volume: 508,178
Nov. 15, 2019 1:32p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$169.08 million
Rev. per Employee
$49,729
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/zigman2/quotes/200595917/composite
US : U.S.: Nasdaq
$ 2.30
+0.09 +3.85%
Volume: 944,654
Nov. 15, 2019 1:48p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$194.63 million
Rev. per Employee
$304,998
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/zigman2/quotes/209686240/composite
US : U.S.: Nasdaq
$ 108.13
+2.12 +2.00%
Volume: 418,268
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.41 billion
Rev. per Employee
$20,686
loading...
/zigman2/quotes/200553749/composite
US : U.S.: NYSE
$ 106.68
+0.11 +0.10%
Volume: 127,970
Nov. 15, 2019 1:49p
P/E Ratio
13.09
Dividend Yield
2.17%
Market Cap
$5.92 billion
Rev. per Employee
$532,058
loading...
/zigman2/quotes/207737284/composite
US : U.S.: NYSE
$ 180.38
-2.48 -1.36%
Volume: 893,138
Nov. 15, 2019 1:49p
P/E Ratio
46.74
Dividend Yield
1.66%
Market Cap
$34.83 billion
Rev. per Employee
$842,260
loading...
/zigman2/quotes/201549545/composite
US : U.S.: Nasdaq
$ 4.56
+0.25 +5.93%
Volume: 524,313
Nov. 15, 2019 1:40p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$277.45 million
Rev. per Employee
$62,627
loading...
/zigman2/quotes/209915231/composite
US : U.S.: Nasdaq
$ 16.40
0.0000 0.0000%
Volume: 832,879
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$317.86 million
Rev. per Employee
$310,054
loading...
/zigman2/quotes/210559470/composite
US : U.S.: NYSE
$ 2.90
-0.39 -11.85%
Volume: 36.00M
Nov. 15, 2019 1:50p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.65 billion
Rev. per Employee
$94,401
loading...
/zigman2/quotes/204332491/composite
US : U.S.: NYSE Arca
$ 16.83
-0.36 -2.09%
Volume: 861,047
Nov. 15, 2019 1:49p
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