3 Cannabis Stocks Setting Up For Big Returns

Canada has been leading the global cannabis movement and we have been favorable on this opportunity. The country’s recreational cannabis market will open on October 17th and companies are working tirelessly ahead of this.

Today, we have highlighted three Canadian cannabis companies that are levered to this opportunity and have been taking steps to improve their position in this upcoming market.

Emblem: A Recreational Cannabis Opportunity to Watch

Emblem Appoints Nick Dean as the Company's New CEO

Emblem Corp. (EMC.V) (EMMBF), one of Canada’s leading federally-licensed cannabis producers, is pleased to announce the appointment of Nick Dean as the Company’s new Chief Executive Officer effective no later than January 15, 2018, subject to TSX Venture Exchange approval. Mr. Dean succeeds Gordon H. Fox, who has been with the Company since its inception.

Emblem Corp. Enters Partnership With Canntab Therapeutics To Disrupt $60 Billion Pharma Industry

The cannabis industry continues to be the hottest sector to invest in as Wall Street has become more favorable on investment opportunities within it.

One of the hottest areas in the cannabis industry has been the Canadian licensed medical cannabis producers which continues to see impressive growth as the number of registered patients has increased at double digit percentages on a month-over-month basis.

Trump Tweets Triggering a Canadian Sell Off?

Despite the Dow rallying another 220 points and the Nasdaq ending the day above the 6,000, Canadian cannabis stocks were under pressure.

This pressure accelerated throughout the day and followed this tweet from President Trump, “Canada has made business for our dairy farmers in Wisconsin and other border states very difficult. We will not stand for this. Watch!”