Today, I want to take a look at a small-cap cannabis company: Liberty Health Sciences Inc. (Over-the-Counter: LHSIF).
Frank left a comment on our YouTube channel:
Liberty Health Sciences
Tremendous market.
Thanks for the suggestion, Frank! I think you might be on to something.
First, for some background on Liberty Health…
About Liberty Health Sciences
Liberty Health produces and distributes medical cannabis strictly in Florida.
It operates about 26 dispensaries in the state, the most recent of which opened in Jacksonville Beach in July:
It’s in the process of adding another location in Fort Walton Beach, along Florida’s Gulf Coast:
Liberty Health’s dispensaries are scattered from Miami to Tallahassee.
And its offerings are robust:
- Zentient — a CBD and THC product that spans topicals, vapes and oral solutions.
- Pretty Pistil — billed as a “sophisticated cannabis experience.”
- Mary’s Medicinals — a transdermal patch that patients wear.
- Papa’s Herb — its “regular” medical cannabis product.
- And many more.
It’s always a Full House with Papa. New all-in-one vaporizers drop next week ? pic.twitter.com/JYgSwv4vcA
— Liberty Health Sciences (@LibertyHSInc) October 10, 2020
And now for the financials…
Liberty Health Sciences’ Stock
The fiscal year 2020 was good for Liberty Health:
But my concern over the stock comes as the bout of great financial news for the company didn’t translate into a jump in share price.
Since hitting a low of $0.27 in March, the stock has only jumped about 40%.
And when the news came out in June, the stock hardly moved:
June: Great Fiscal Year Didn’t Move the Stock Price
But one thing I have noticed in the last few days is that Liberty Health shares have started to climb.
Be sure to watch today’s Marijuana Market Update to find out what this means for Liberty Health’s stock.
Cannabis Stock Watchlist
In case you missed it, I added a new stock to my Cannabis Watchlist this week.
It’s a traditional tobacco company that just entered the cannabis market.
And I think it has the ability to beat the market by three times over the next 12 months.
It has solid, uptrending momentum along with high quality and growth potential.
You can find out more right here.
Again, my team and I love the feedback we’re getting on our YouTube channel and through email!
Feel free to send comments, questions and stocks you want us to examine to feedback@dev.moneyandmarkets.com — or leave a comment on YouTube!
Where to Find Us
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Coming up this week, we’ll have more on The Bull & The Bear podcast and our Money & Markets Week Ahead, so stay tuned.
For instance, we just posted a new video to our playlist, The Bull & The Bear:
Until next time…
Safe trading,
Matt Clark
Research Analyst, Money & Markets
Matt Clark is the research analyst for Money & Markets. He’s the host of our podcast, The Bull & The Bear, as well as the Marijuana Market Update. Before joining the team, he spent 25 years as an investigative journalist and editor — covering everything from politics to business.
