​#PotStocks #WeedStocks #MarijuanaStocks #CannabisStocks #ITHUF #IAN #MPX #PLNHF

Please also watch Top 5 Marijuana Stocks | Best Pot Stocks | Top Cannabis Stocks | Best Weed Stocks Long Term https://youtu.be/eS9uLCDlXMg - iAnthus is #4 on this list.

iAnthus Reports Fiscal Second Quarter 2019 Financial Results
Pro Forma Revenues of $25 million, Maintained Tight Expense Control
* Pro forma revenues for the second quarter were $25.0 million, up 35% sequentially from the prior quarter
* Maintained disciplined approach to operating and capital expense investments without compromising growth
* Announced term sheet for up to $50 million Senior Secured Term Loan financing with Torian Capital
* CBD For Life acquisition closed in June; currently distributed in more than 1,100 retail locations in 46 states
* Opened five new dispensaries in Florida, bringing total to eight as of August 27
Revenue:
* Total pro forma managed revenues of $25.0 million, up 35% from the prior quarter
* Second quarter reported revenues of $19.2 million, which has increased 100% from $9.6 million in the prior quarter (MPX results consolidated as of February 5, 2019)
* Eastern Region revenue increased to $10.2 million, up 143% from the prior quarter
* Western Region revenue increased to $9.0 million, up 67% from the prior quarter
See Tables 1 and 2 below for further detail
Gross Profit
* Adjusted gross margin for the quarter was 52.4%, up from 23.4% in the first quarter
* Adjusted gross profit of $10.1 million, up 347% from $2.2 million in the prior quarter
* Productivity improvements and increased utilization in Arizona, Florida, Massachusetts, Maryland and Nevada attributed to the gross margin improvement in the quarter
EBITDA and Net Income
* Adjusted EBITDA⁷ loss of $4.7 million, compared to an adjusted EBITDA loss of $5.1 million in the prior quarter
* The Company maintained expense discipline in the quarter; General and Administrative expenses increased moderately to $5.7 million in the second quarter from $4.1 million in the prior quarter
* Salaries and Benefit expenses increased to $8.1 million in the second quarter from $6.1 million in the first quarter as the company continues to add employees; The Company’s current employee base is nearly 700
* The Company incurred several acquisition related expenses and other one-time costs totaling $2.4 million; These expenses include advisory, professional, legal, consulting, severance and accounting fees which have been added back to arrive at adjusted EBITDA as these costs are non-recurring and are not part of ongoing operational activities of the Company
* The Company recorded a second quarter net loss of $9.3 million, compared to an adjusted net loss of $16.5 million in the prior quarter
* The change in fair value of financial instruments increased to a gain of $22.8 million in the second quarter, as a result of the revaluations of the derivative component of the Company’s convertible securities
Balance Sheet and Cash Flow
* At June 30, 2019, total assets were $811.0 million, including cash and cash equivalents of $30.5 million, an increase of $642.6 million (or 382%) in total assets from year end 2018
* Current fully dilutive share count of 249.7 million shares which includes 156.1 million common shares, 15.5 million class A shares and 78.1 million dilutive securities
* Capital expenditures totaled $24.6 million in the second quarter, the majority of which (over 80%) was spent on the cultivation and store expansion in Florida
* On August 20th, the Company announced it had entered a term sheet with Torian Capital for up to $50 million in Senior Secured debt financing
Second Quarter Operational Highlights
* Increased production 30% sequentially to 5,300 pounds (dried, cured, fresh frozen) from 4,076 pound in the first quarter
* Yield gains of over 10% in targeted initiatives in Massachusetts, Nevada and Arizona helped drive gross margin improvement
* Increased production footprint in Florida to over 120,000 square feet, including 70,000 square feet in a lower cost, outdoor cultivation environment
* Development of new products and extension of existing MPX lines supporting new product introductions in Arizona and Nevada, as well as new releases planned for the second half of 2019 throughout the iAnthus footprint
* Achieved planned milestones for CBD For Life integration and new products planned for the fourth quarter
* Recruited top talent from established industries to facilitate scale and growth
* First wave of Be. rebranded dispensaries will be converted in the fourth quarter, following the opening of the Brooklyn flagship; all remaining stores will be converted during the first half of 2020

What are the best cannabis (marijuana, weed, pot, MJ) stocks to invest in long term?  Not every cannabis company will survive.  iAnthus was included in my Top 5 Pot Stocks video as a long-term hold: https://youtu.be/eS9uLCDlXMg  Let’s dig in and find out why.

Today, I’d like to share my top 3 personal finance tips to help you achieve your goals. What are your goals in life? Do you want to retire young? Travel the globe? Start your own business? Spend more time with family? Volunteer work? Party like a rock star? What are your goals in life? Do you have a plan to get there? These 3 personal finance tips should help, so let’s get started!

#PersonalFinance #Investing #FinancialFreedom #FinancialIndependence #StockMarket101

​Today, I’d like to share my Top 15 rules to successful stock market investing. Every game has rules, and in order to win and maximize your potential, you need to understand the rules. Each person may have his or her own rules at a micro level, but my top 15 investment rules are focused on the macro level, and they should apply to any long-term investor. The key term is “long-term investor”. There’s no get rich quick method with my approach. Long-term investing takes time, patience, discipline, and well, quite frankly, tolerance to pain. Sure, you need to eliminate all emotion when investing, but that’s much easier said than done. Even successful long-term investors like me cringe when they see huge losses. The difference is we can turn a switch and move on, focusing on what to buy when there’s blood in the streets, focusing on the long term, five, ten, fifteen years from now. I see way too many people aimlessly surfing the Internet on Facebook, Twitter, StockTwits, etc. looking for advice and stock tips, but it’s clear that the majority don’t understand the game, and they don’t have a plan. You need a plan and a set of rules that coincides with your plan. My list should help, so let’s get started!

CLICK HERE TO SEE THE TOP 15 INVESTING RULES 

​What’s up everyone, Mr. Fired Up Wealth here, and today I want to discuss Boeing. Is Boeing a buy right here? There’s no question the stock has been on a tear over the past several years, and the future, at least long term, seems bright; however, recent turmoil has the stock churning and the market fearful, and for good reason. But is Boeing, stock ticker BA, a good investment? Is Boeing’s Stock A Buy Right Now? This Is What You Need To Know!

Boeing investors have had a ton to worry about lately, from the China trade war to 737 MAX crashes. The 737 MAX has been grounded worldwide after a total of 346 people lost their lives in two separate crashes involving the Boeing planes in the past year. Last October 2018, 189 passengers and crew on a 737 Max operated by Lion Air were killed when the aircraft crashed shortly after takeoff from Jakarta, Indonesia. In March this year 2019, 157 people died when an Ethiopian Airlines plane crashed after takeoff from ADD airport. The crashes were triggered by fault sensor software that forced down the nose of the plane into a dive, which the pilots could  it prevent. 

The company continues to extend the timelines for when the aircraft will return to service. To make things worse, Boeing is also delaying development of its new, long-range 777X, twin-aisle jet aircraft, likely because it needs to focus on returning the 737 MAX jet to service. Since the tragic March crash of an Ethiopian Airlines flight, Boeing stock has plunged around 25%, far worse than the Dow over the same time span. 

Standard & Poor's, Moody's and Fitch have all warned they could also lower their credit ratings on Boeing stock, citing the 737 Max grounding. Trouble also remains in other areas, as the Securities and Exchange Commission is reportedly investigating Boeing’s financial disclosures relating to the jet's grounding. The Justice Department, FBI and the Transportation Department inspector general's office also have been looking to see if they provided misleading information about the Boeing 737 Max to regulators and customers. And now the DOJ has subpoenaed records at a North Charleston, S.C., factory where the Boeing 787 Dreamliner is made, amid allegations of poor-quality work.

What else? Last month, the company posted its largest-ever quarterly loss due to the spiraling cost of resolving issues with the MAX, warning it may have to halt production of the grounded jet altogether if regulators around the world do not give clearance for it to fly again soon. Boeing’s earnings per share growth has averaged 45% over the past three years. In Q2, Boeing reported a loss of $5.82 a share, but analysts polled by Zacks came up with earnings of $2.92 a share, down 12% from a year ago, after backing out 737 Max charges. Earlier this year, Boeing said they expect the 737 Max to return to service in Q4, and it will book an after-tax charge of $4.9 billion, or $8.74 a share, in Q2 for estimated potential payments related to the 737 Max's grounding. That follows a $1 billion charge in Q1 related to the 737 Max. In addition, Boeing delivered 38% fewer planes in the first seven months of 2019 than the same period a year earlier, as the grounding and doubts around the future of its best-selling 737 MAX jets hurt operations. Deliveries totaled 258 aircraft in the seven months through July, compared to 417 last year, and trailing far behind the 458 aircraft handed over in the same period by European rival Airbus. The numbers put Boeing on course to lose the crown of world's biggest planemaker, which it has held uninterrupted for seven years.

Okay, so what about good news? Boeing stunned at the Paris Air Show with a massive 200-plane letter of intent from the International Airlines Group, parent of British Airways. The deal, which includes 737 Max jets, is worth $24 billion at list prices. Ethiopian Airlines CEO, whose carrier lost a Boeing 737 Max in a crash, told Bloomberg during the air show that he has "more confidence" in Boeing as the aerospace giant works to fix issues with the plane's automatic flight control system.

If you bought the stock here and didn’t look for 5 years, you’d probably be very happy. With that said, the stock can go lower, and volatility will remain. It’s bad enough that the market has tons of volatility. Boeing has its own mess of problems to sort out. I’m buying here, but only nibbling. I would dollar cost average in case it goes lower. I typically purchase in 4-5 transactions. For example, if I want $10,000 in a specific individual stock, I’ll buy 4 or 5 separate times with $2,000 to $2,500 dollars. Obviously, work the math that’s best for you.

The information provided is for informational purposes only.  It should not be considered legal or financial advice.  You should consult with an attorney or other professional to determine what may be best for your individual needs.

What are the best cannabis (marijuana, weed, pot, MJ) stocks to invest in long term? There is a ton of speculation and risk in the marijuana industry; however, it also has enormous potential upside reward. Many companies in the cannabis industry have opted to "go public," making their shares available for purchase on public stock markets, to raise cash to fuel additional growth. This growth potential is the most compelling reason as to why you would want to invest in this industry. The fact that Canada and several U.S. States have legalized recreational marijuana has drawn tremendous attention from investors recently, but people have been investing in this space for many years. Legalization simply takes it all to another level. Arcview Market Research and BDS Analytics project that Canadian marijuana sales will jump from around $600 million in 2018 to $5.4 billion by 2022. That's a compound annual growth rate of more than 55%. There is so much opportunity in this sector, not just with smokers, but with new ventures such cannabis-infused drinks (both THC and CBD), edibles (such as gummies and chocolate bars), and so much more. 
Germany also legalized medical marijuana in 2017. The country's cannabis market could exceed $1.5 billion by 2022, up from approximately $9 million in 2017. This projected growth makes Germany the fastest-growing marijuana market in the world, even larger than North America in terms of growth. With that said, the United States is still projected to account for around 75% of total cannabis revenue three years from now. I’ve seen projections claiming that the global marijuana market will more than triple from 2018 to the end of 2022. I predict there will be several big winners from this secular growth trend, but the picks you make will be very important. Not every cannabis company will survive. Many will be acquired, and many will simply crash and burn. Let’s dig in and look at my top 5 MJ stocks for the next decade!

If you want to outperform the stock market, you need to focus on secular growth trends and the companies growing within these trends. Outperformance will allow you reinvest your gains into DGI (dividend growth) stocks to accelerate your early retirement. If you are following the F.I.R.E.D. Up Wealth movement (FIRED UP), this is the next step...Phase II, after you have done your homework and educated yourself on the stock market…now it's time for individual stock picks that will help you outperform the market!

Thanks for watching, subscribing, liking, and commenting! Your support means a lot.

​The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.

​5G is a major disrupter and a huge secular growth trend that you need to be a part of. 5G is the next generation of wireless network technology, designed to meet today's growing data demands for the future while also expanding the scope of mobile technology beyond the capabilities of LTE. It will be transformative, fueling innovation across every industry and every aspect of our lives. Over time, 5G technology will revolutionize the way we live, work, and play.  It’s projected there will be over 50 billion connected devices by the end of next year. Analysts expect 5G to deliver 10 to 40 times the current speed of 4G LTE networks. Its lower latency promises to enable new applications, from self-driving vehicles to cloud gaming. Here are a few of the key things 5G promises to do:
1. 10 to 100 times speedier than your typical cellular connection and even faster than anything you can get with a physical fiber-optic cable going into your house. For example, in optimal conditions, you'll be able to download a season's worth of Stranger Things in seconds.
2. Enable mobile HD video, mobile AR and VR, and many other applications benefiting from higher speeds. 
3. 5G will disrupt industries and bring more choices, particularly for home broadband. That’s right, 5G can replace your wired cable internet connection in your home.
4.  5G networks can respond almost in real time with next to zero delay, which enable new applications that respond instantly, especially important when a split-second in reaction time matters. Think self-driving cars, cloud gaming, real-time language translation, remote surgery, augmented reality, smart highways, and smart factories.  Very cool stuff!

Launching 5G will require the biggest overhaul of America’s wireless networks EVER. According to the GSM Association, which represents 800 of the world’s largest mobile operators, it will cost roughly half a trillion dollars to build out the necessary infrastructure!

I have exciting news for my DGI (Dividend Growth Investing) friends.  All 5 stocks discussed today are DGI! Check them out!

If you want to outperform the stock market, you need to focus on secular growth trends and the companies growing within these trends.  Outperformance will allow you reinvest your gains into DGI (dividend growth) stocks to accelerate your early retirement.

If you are following the F.I.R.E.D. Up Wealth movement, this is the next step...Phase II, after you have done your homework and educated yourself on the stock market…now it's time for individual stock picks that will help you outperform the market!  

Thanks for watching, subscribing, liking, and commenting!  Your support means a lot.

The information provided is for informational purposes only.  It should not be considered legal or financial advice.  You should consult with an attorney or other professional to determine what may be best for your individual needs.

Jony Ive, Apple’s chief design officer, is leaving the company, Apple announced. The company’s stock dropped 1% on the news in after-hours trading. John Ive is definitely one of the most important people at Apple, and he was responsible for the industrial design and the look and feel of all major Apple products, including the iPhone and the Mac. Ive had been with Apple for more than 20 years, and this is certainly interesting news for Apple shareholders.

Ive is going to start his own design business, called LoveFrom, along with longtime friend and fellow designer Marc Newson, according to a Financial Times report. Apple will be a client.

Apple certainly has some headwinds, and this news today doesn’t help. With that said, they have been more focused on recurring revenues with their service model, and 5G is going to be a major revenue stream in the near future. I’m long Apple, and I believe they will likely outperform over the next 5-10 years, primarily because of 5G. Everyone will need a new phone to use 5G. This will force phone upgrades, which has been one of their major headwinds.