Marijuana stocks have experienced significant gains in December adding to the increasing market value across the cannabis industry. In general cannabis, investors are enjoying a great year for the marijuana industry in terms of growth and legal reform. As more states opt for legalization in the U.S., and federal reform becomes a possibility, cannabis stocks continue upward. Recently top pot stocks to watch like Cresco Labs Inc. (CRLBF Stock Report), and Jushi Holdings Inc. (JUSHF Stock Report) have been holding their current market value building a higher base at current price levels. In reality, the cannabis industry has many marijuana companies showing growth potential for the future. And these pot stocks have drawn renewed interest from investors who are starting to see the cannabis industry’s future growth.
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As it stands the U.S. cannabis industry is predicted to grow to $37 million by 2025 more than double its current legal sales. Since this is ultimately resulting in increased revenue growth in 2020 this could be expected in 2021. In essence, some of the best performing cannabis companies of 2020 are reporting record revenue growth in the latter parts of the year. As a result, cannabis investors are benefitting from the gains most marijuana stocks are delivering in 2020. Given that these gains…
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Marijuana stocks have experienced significant gains in December adding to the increasing market value across the cannabis industry. In general cannabis, investors are enjoying a great year for the marijuana industry in terms of growth and legal reform. As more states opt for legalization in the U.S., and federal reform becomes a possibility, cannabis stocks continue upward. Recently top pot stocks to watch like Cresco Labs Inc. (CRLBF Stock Report), and Jushi Holdings Inc. (JUSHF Stock Report) have been holding their current market value building a higher base at current price levels. In reality, the cannabis industry has many marijuana companies showing growth potential for the future. And these pot stocks have drawn renewed interest from investors who are starting to see the cannabis industry’s future growth.
[Read More]
As it stands the U.S. cannabis industry is predicted to grow to $37 million by 2025 more than double its current legal sales. Since this is ultimately resulting in increased revenue growth in 2020 this could be expected in 2021. In essence, some of the best performing cannabis companies of 2020 are reporting record revenue growth in the latter parts of the year. As a result, cannabis investors are benefitting from the gains most marijuana stocks are delivering in 2020. Given that these gains…