2 Top Marijuana Stocks To Add To Your Watchlist Before Next WeekPosted by On


The MarketWatch News Department was not involved in the creation of this content.

Jul 16, 2021 (Marijuana Stocks via COMTEX) —
The Current Events Affecting Top Cannabis Stocks

To end this week the best marijuana stocks to buy are trading much lower in value. This is partly due to comments from the White House that show a lack of support for the current cannabis reform bill introduced by Chuck Schumer. Specifically, the White House press secretary Psaki reaffirmed Biden’s stance on cannabis. In detail, the president wants to decriminalize cannabis as promised on the campaign trail and slowly change how marijuana is currently scheduled federally.

This stance does not coincide with what lawmakers revealed in congress right now and sent the cannabis sector trading lower to close the week. Relatively speaking, this could be a good opportunity to find the best marijuana stocks to buy at lower market value. In the US leading cannabis companies have been delivering strong earnings to start 2021. In addition, most have given significant upside for their revenue guidance this year.

Although this has not impacted how they trade in the market it does show growth and strength in the cannabis market. For new investors not familiar with pot stocks they are some of the more volatile stocks in the market. After a rally for the first two months, most cannabis stocks have seen a substantial decline in value for more than four months. Although…

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The MarketWatch News Department was not involved in the creation of this content.

Jul 16, 2021 (Marijuana Stocks via COMTEX) —
The Current Events Affecting Top Cannabis Stocks

To end this week the best marijuana stocks to buy are trading much lower in value. This is partly due to comments from the White House that show a lack of support for the current cannabis reform bill introduced by Chuck Schumer. Specifically, the White House press secretary Psaki reaffirmed Biden’s stance on cannabis. In detail, the president wants to decriminalize cannabis as promised on the campaign trail and slowly change how marijuana is currently scheduled federally.

This stance does not coincide with what lawmakers revealed in congress right now and sent the cannabis sector trading lower to close the week. Relatively speaking, this could be a good opportunity to find the best marijuana stocks to buy at lower market value. In the US leading cannabis companies have been delivering strong earnings to start 2021. In addition, most have given significant upside for their revenue guidance this year.

Although this has not impacted how they trade in the market it does show growth and strength in the cannabis market. For new investors not familiar with pot stocks they are some of the more volatile stocks in the market. After a rally for the first two months, most cannabis stocks have seen a substantial decline in value for more than four months. Although…



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