The best marijuana stocks to invest in for 2020 might actually be a surprise to some investors watching cannabis stocks. In the past year pot stocks on your December 2020 watchlist have been delivering gains for shareholders since the March crash. In fact, the American cannabis industry is going into 2021 with strong revenue growth and more expansion opportunities in states that are establishing legalization. Currently, there are 9 MSOs with market caps above $1 billion and more IPOs coming in 2021. Along with a surge of newly public companies is also the increasing mergers and acquisitions that are taking place this year and into 2021. In many cases, companies like TerrAscend Corp. (TRSSF Stock Report) and Trulieve Cannabis Corp. (TCNNF Stock Report) are entering the state by way of these M&As as a fast way to establish their presence in emerging markets.
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MSOs Vs Ancillary Marijuana Stocks To Buy
Although in many cases these MSOs have seen substantial gains in the market this year, there is another area that is performing well for investors. In general, ancillary marijuana stocks are companies that offer services to the cannabis industry but are not directly related to touching the cannabis plant. Currently, this type of cannabis company has seen substantial gains this year and, in most cases, more gains than some leading…
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The best marijuana stocks to invest in for 2020 might actually be a surprise to some investors watching cannabis stocks. In the past year pot stocks on your December 2020 watchlist have been delivering gains for shareholders since the March crash. In fact, the American cannabis industry is going into 2021 with strong revenue growth and more expansion opportunities in states that are establishing legalization. Currently, there are 9 MSOs with market caps above $1 billion and more IPOs coming in 2021. Along with a surge of newly public companies is also the increasing mergers and acquisitions that are taking place this year and into 2021. In many cases, companies like TerrAscend Corp. (TRSSF Stock Report) and Trulieve Cannabis Corp. (TCNNF Stock Report) are entering the state by way of these M&As as a fast way to establish their presence in emerging markets.
[Read More]
MSOs Vs Ancillary Marijuana Stocks To Buy
Although in many cases these MSOs have seen substantial gains in the market this year, there is another area that is performing well for investors. In general, ancillary marijuana stocks are companies that offer services to the cannabis industry but are not directly related to touching the cannabis plant. Currently, this type of cannabis company has seen substantial gains this year and, in most cases, more gains than some leading…
