7 Marijuana Penny Stocks To Buy for High ReturnsPosted by On


In the next few years, the global legal marijuana market is expected to grow at a robust pace. As regulatory headwinds wane, the market size is expected to reach $70.6 billion in 2028. This would imply growth at a CAGR of 26.7%. It’s not surprising that investors have started looking at major marijuana stocks like Tilray (NASDAQ:TLRY) with renewed interest. At the same time, marijuana penny stocks provide an opportunity for some high-risk bets.

At a time when penny stocks are on the radar of the Reddit army, marijuana penny stocks can surprise on the upside. Importantly, not all penny stocks are purely speculative. There are dozens of early-stage marijuana companies that seem to have a promising future.

Considering the point that industry tailwinds can possibly sustain beyond the current decade, few marijuana penny stocks are worth considering. This column will talk about seven marijuana penny stocks that can deliver multi-fold returns.

Let’s look at the business factors that make these marijuana penny stocks attractive.

  • Sundial Growers (NASDAQ:SNDL)
  • Hexo Corp (NYSE:HEXO)
  • OrganiGram Holdings (NASDAQ:OGI)
  • Greenlane Holdings (NASDAQ:GNLN)
  • Nextleaf Solutions (OTCMKTS:OILFF)
  • Namaste Technologies (OTCMKTS:NXTTF)
  • The Valens Company (OTCMKTS:VLNCF)

Now, let’s dive in and take a closer look at each one.

Marijuana Penny Stocks to Buy: Sundial Growers (SNDL)

sndl stock Sundial Growers company logo icon on website

Source: Postmodern Studio / Shutterstock.com

At 79 cents, SNDL stock is among the most attractive…

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In the next few years, the global legal marijuana market is expected to grow at a robust pace. As regulatory headwinds wane, the market size is expected to reach $70.6 billion in 2028. This would imply growth at a CAGR of 26.7%. It’s not surprising that investors have started looking at major marijuana stocks like Tilray (NASDAQ:TLRY) with renewed interest. At the same time, marijuana penny stocks provide an opportunity for some high-risk bets.

At a time when penny stocks are on the radar of the Reddit army, marijuana penny stocks can surprise on the upside. Importantly, not all penny stocks are purely speculative. There are dozens of early-stage marijuana companies that seem to have a promising future.

Considering the point that industry tailwinds can possibly sustain beyond the current decade, few marijuana penny stocks are worth considering. This column will talk about seven marijuana penny stocks that can deliver multi-fold returns.

Let’s look at the business factors that make these marijuana penny stocks attractive.

  • Sundial Growers (NASDAQ:SNDL)
  • Hexo Corp (NYSE:HEXO)
  • OrganiGram Holdings (NASDAQ:OGI)
  • Greenlane Holdings (NASDAQ:GNLN)
  • Nextleaf Solutions (OTCMKTS:OILFF)
  • Namaste Technologies (OTCMKTS:NXTTF)
  • The Valens Company (OTCMKTS:VLNCF)

Now, let’s dive in and take a closer look at each one.

Marijuana Penny Stocks to Buy: Sundial Growers (SNDL)

sndl stock Sundial Growers company logo icon on website

Source: Postmodern Studio / Shutterstock.com

At 79 cents, SNDL stock is among the most attractive…



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