As Christmas week approaches investors are asking themselves will they see a Santa Claus rally in the market next week? At the present time, the best marijuana stocks in 2020 have shown revenue growth and strong financial performances in their most recent reporting. Since market optimism could continue next week, so does the possibility of more gains in marijuana stocks to watch. But with pot stocks currently trading around YTD highs in the market is now the right time to invest?
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As it stands marijuana stocks might have already priced in most of the legalization gains in these last couple of months. In detail leading, marijuana companies like Green Thumbs Industries Inc. (GTBIF Stock Report) will start the trading week coming off a new high of $23.48 on Friday, December 18th. In essence, the company continues expanding its footprint in the U.S. market and attaching itself to popular private brands in the industry.
At the present time, U.S. marijuana stocks to watch are giving investors an opportunity to invest in one of the fastest emerging growth markets in U.S. history. In fact, in the U.S. cannabis sales in five western states grew over 30% in October adding to the record growth most marijuana companies were reporting for their 3rd quarter results. In addition, analysts are predicting the American cannabis market…
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As Christmas week approaches investors are asking themselves will they see a Santa Claus rally in the market next week? At the present time, the best marijuana stocks in 2020 have shown revenue growth and strong financial performances in their most recent reporting. Since market optimism could continue next week, so does the possibility of more gains in marijuana stocks to watch. But with pot stocks currently trading around YTD highs in the market is now the right time to invest?
[Read More]
As it stands marijuana stocks might have already priced in most of the legalization gains in these last couple of months. In detail leading, marijuana companies like Green Thumbs Industries Inc. (GTBIF Stock Report) will start the trading week coming off a new high of $23.48 on Friday, December 18th. In essence, the company continues expanding its footprint in the U.S. market and attaching itself to popular private brands in the industry.
At the present time, U.S. marijuana stocks to watch are giving investors an opportunity to invest in one of the fastest emerging growth markets in U.S. history. In fact, in the U.S. cannabis sales in five western states grew over 30% in October adding to the record growth most marijuana companies were reporting for their 3rd quarter results. In addition, analysts are predicting the American cannabis market…
