The Cheapest American Cannabis Operator Stock
I don't use this blog to discuss cannabis stocks that often, as I prefer to discuss them at New Cannabis Ventures, where I publish a weekly newsletter, or at Seeking Alpha, where I contribute articles and run 420 Investor.
I wrote my third feature article for the upcoming August edition of the 420 Investor Newsletter less than 24 hours ago on Ascend Wellness (AAWH), and, this morning, the company reported that it refinanced its debt. I am so excited, as this has been a big concern of investors. I wish only that the company had waited just a bit so that my subscribers who might be inspired to start a position in AAWH or add to it had an opportunity to get the very low price. Maybe they still will! Here are the last two articles that I shared with them:
You can learn more about the company in my article that I published on Seeking Alpha in late May. The stock has declined a lot since then.
I have written recently here about my increasing bullishness on cannabis stocks. the last of which was on July 1st, when I said that MAYBE the time is now. The market has ticked higher, and I continue to be optimistic. I really like Ascend, but it's not the only stock in my model portfolio that I like. In fact, there are four larger positions.
As I have written before, I offer cannabis investors four different ways to access my thinking. Here they are, ranked by cost:
420 Investor ($719 per year)
The Big Picture ($200 per year)
Articles on Seeking Alpha (free or part of a subscription to the company's service)
New Cannabis Ventures (free)
This stock lifted after this post, but not immediately... I haven't sold a share in my model portfolio. Very cheap...