New Website Lets You Follow the Business Of Pot
Empty Lighthouse is a reader-supported site. This article may contain affiliate links to Amazon and other sites. We earn a commission on purchases made through these links.
Technical420 has launched an online research platform designed for companies in the cannabis industry.
The website, Technical420.com, is designed to provide users with updated and reliable analysis on companies that are reporting to SEC in some capacity.
What separates Technical420 from the rest of the competition, according to the company, is the amount of information they provide completely for free.
Additionally, in an effort to avoid any conflicts of interest, Technical420 institutes a company policy that restricts employees from investing in companies under Technical420's coverage.
Technical420 has developed their own proprietary analytics program that merges Technical, Fundamental and Momentum data to yield the most comprehensive, all-inclusive analysis possible.
To obtain this raw data faster than you would find elsewhere, Technical420 utilizes a specialty terminal service provided by Thomson Reuters that sends real time company quotes, news and financials.
The site offers its proprietary analysis on a subscription basis. The Basic package provides subscribers with updated company ratings, which ranks companies based off of their proprietary analysis.
The Advanced package gives subscribers access to their premium feed, which is constantly updated every day and highlights investment opportunities.
The Premium package offers subscribers Technical420's company specific research reports, in-depth company analysis, email alerts and access to their analysts through a priority messaging system.
Technical420 was founded by Michael Berger, a former analyst at Raymond James Financial Inc.
Michael Berger developed this idea while working for the Equity Capital Markets Department, where he would act as intermediary between the Research Analysts and Financial Advisors.
After fielding hundreds of calls from Financial Advisors asking for information on companies in the cannabis industry, Michael recognized the need for a service that provides updated company information and analysis.