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Alan Brochstein, CFA
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Alan Brochstein, CFA has worked in the securities industry since 1986, primarily with the responsibility for managing investments in institutional environments until he founded AB Analytical Services in 2007 in order to provide independent research and consulting to registered investment... More
My company:
420 Investor
  • 420 Investor, The Premier Information Source For Cannabis Investors, To Launch 17 comments
    Sep 15, 2013 3:03 PM | about stocks: AVTC, CANV, CBIS, GRNH, GWPH, HEMP, MDBX, MJNA, AGTK, NVLX, PHOT, CANN, REFG, TRTC

    If you are like me and think that the rapidly changing regulatory landscape and public opinion about marijuana will unleash tremendous investment opportunities, then you want to understand the players, the challenges they face and the potential rewards to those who invest. This is why I am launching 420 Investor, with the goal of being the premier information source for those looking to capitalize on the "Green Rush". As the wild action of 2013 has shown, the road may be bumpy. My ambition is to provide unbiased information and insightful analysis to help investors navigate the inevitable volatility. Our focus will be not only on those companies that are currently trading in the public market but also private companies that are blazing trails.

    Why 420

    My journey to becoming the "Cannabis Financial Analyst" hasn't been so obvious. Those familiar with my work since February, a period during which I have published several articles on Seeking Alpha, may think that I am anti-cannabis, but nothing could be further from the truth. While it's been over two decades since I have enjoyed it, I have long been a supporter of full legalization of marijuana. In fact, before I had even experimented in college, I publicly supported legalization as a card-carrying member of the Libertarian Party as a 15-year old in 1980 who volunteered in the Presidential campaign. More recently, I have gained an appreciation for the potential medical benefits of cannabis that I think creates significant opportunities to help sick people as well as serve as a catalyst for economic growth. At 420 Investor, we will focus on companies that can benefit from recreational or medical cannabis.

    When I looked at the publicly-traded stocks in February, I observed many signs of a bubble. With the continuing adoption of medical marijuana (now 20 states) and legalization approved by the voters of Washington and Colorado, it's no wonder that investors have embraced the publicly-traded stocks. Wall Street hasn't yet gotten aboard, as only one stock (G.W. Pharma) has received any sort of coverage by analysts. While a few people, like me, have shared their views publicly, the vast majority of information has come from either press releases or paid research, neither of which is particularly objective. Further, almost all of the publicly-traded stocks trade OTC, with many not fully reporting. In other words, there is a void of information, and much of it is conflicted. 420 Investor will help you "see through the smoke".

    I believe that I am the first "Cannabis Financial Analyst", and I am uniquely qualified for this role. I first invested as a teenager in 1978 and entered the securities industry in 1986 after graduating from college, spending eight years in NYC on Wall Street. After managing billions of dollars in bond investments, I made the transition to stocks professionally in 2000 and was a partner at a firm that managed more than $500mm on behalf of individuals and institutions until I started my own independent advisory in 2007. I earned the designation of Chartered Financial Analyst in 1997 and have fulfilled the continuing education requirements for each of the past 15 years. As an independent analyst, I have developed a strong reputation with my institutional clients, my readers on Seeking Alpha and the subscribers to my newsletters for generating well-researched ideas. At InvestByModel, which provides individuals with two separate model portfolios that they can replicate in their own accounts and avoid an expensive middleman, the 5+ year track record has been nothing short of stellar. More importantly, from early in my career, when at the age of 23 I took a huge personal risk and turned in my boss after uncovering his illegal activities, I have constantly adhered to the highest ethical standards. You can count on me to provide objective analysis in a completely transparent manner. 420 Investor will be fully funded by subscribers, and everything we do with the service is for their benefit. Well, we may take advertisements like this:

    (click to enlarge)

    Kidding aside, independent and objective analysis is what 420 Investor is all about. But, it's about a lot more than just that, as I expect that subscribers will enjoy both the interaction with other members of our community as well as access to industry leaders who will be providing exclusive interviews and even participating in live events. So, why 420 Investor? High quality, unbiased information, all aimed at helping our members to best capitalize on the many opportunities that will present themselves to Green Rush investors in the years to come.

    Join us at

    I hope that you will consider joining our community as we seek to capitalize on this budding industry. We are offering an introductory trial for just $4.20 for two weeks (Code = "Mary"), and you can lock in a full year at about $4.20 per week ($220). We also offer monthly access for $22. With membership, you will get access to the following:

    • Breaking news sent to your email or text
    • Opinion and analysis shared exclusively or at least initially at 420 Investor
    • Direct access through private message, anonymously if you desire
    • Participation in the community through comments and chat
    • Access through live over-the-internet events to industry leaders from the public and private sector.
    • Buy and Sell recommendations, fully supported with analysis

    I look forward to your participation! Click here to check it out.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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Comments (17)
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  • Sparkt_99
    , contributor
    Comments (693) | Send Message
    I'm in like Flynn!
    15 Sep 2013, 05:24 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » Thanks, you are the guy who taught me the meaning of "420-friendly"...
    15 Sep 2013, 06:19 PM Reply Like
  • sheldond
    , contributor
    Comments (1024) | Send Message
    That's really a great and marketable idea. I also like the demographic that might be interested. Nice website.


    16 Sep 2013, 09:21 AM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » Thanks. Never in a hundred years would I have imagined...
    16 Sep 2013, 03:33 PM Reply Like
  • oldorv
    , contributor
    Comments (399) | Send Message
    I've been trying to register but so far can't get further than the
    Name, Email, Password page. I just get a notice of 'technical difficulties.' Haven't gotten to checkout page yet...i'll try later or tomorrow again...
    17 Sep 2013, 03:46 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » I talked to them and can't figure out what the issue is. I will send you a private message so that you can contact my partner directly, as they can help you with that better than me.
    17 Sep 2013, 04:19 PM Reply Like
  • 420leaks
    , contributor
    Comment (1) | Send Message
    I like the idea of


    Are you going to be warning people about the potential penny stock scams in this as well?
    18 Sep 2013, 04:04 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » Well, that's probably easier than finding the good deals, no? Saving people money is just as helpful as identifying potential winners too.
    18 Sep 2013, 04:18 PM Reply Like
  • ageofconan
    , contributor
    Comments (87) | Send Message
    Alan- is there a phone app available yet for 420? Im having some trouble with the site from my phone. Not sure why or if its the site causing it.
    25 Sep 2013, 12:26 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » I don't know about that. I suggest that you contact Marketfy for technical questions.


    Phone Support
    Monday - Friday: 6:00am - 9:00pm ET


    Email Support
    25 Sep 2013, 02:51 PM Reply Like
  • ageofconan
    , contributor
    Comments (87) | Send Message
    I signed my name before i signed in. Sorry for the redundancy.
    25 Sep 2013, 12:27 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » Please note that the price is now $36 (since 12/1)
    13 Jan, 02:18 PM Reply Like
  • JRB007
    , contributor
    Comment (1) | Send Message
    Hello Alan, I want to sign up - is the price still $36.
    I heard there is a discount code ????
    Where do i sign up ..


    1 Feb, 01:37 PM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7509) | Send Message
    Author’s reply » The price increased to $42 on 1/20. I don't expect the price to increase again - it was always the plan to get to that level as we gained a base of subscribers.
    1 Feb, 03:37 PM Reply Like
  • WarEagleRaider
    , contributor
    Comment (1) | Send Message
    Alan what do you think about Myhi the newest company in the medical business
    18 Mar, 06:33 PM Reply Like
  • Kmcleod
    , contributor
    Comments (2) | Send Message
    IMO WarEagle, MYHI is a great buy at the price it is right now. From my understanding this company is very similar to CANN, but with more assets.
    19 Mar, 07:54 PM Reply Like
  • Kmcleod
    , contributor
    Comments (2) | Send Message
    New informational Press Release from Mountain High Acquisitions, Inc ($MYHI) this morning. Mountain High holds an option to purchase nine (9) acres of land common known as the "Isabelle Property" located at 10452 Isabelle Road, Lafayette, Colorado 80026.

    21 Mar, 10:30 AM Reply Like
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