Best Marijuana Penny Stocks Under $1 To Watch Before New YearsPosted by On


The Growing Cannabis Industry

As the last trading week of the year kicks off most leading marijuana stocks have continued to see some gains in the market. Currently, market sentiment is off to a positive start in early action with the signing by Trump of a highly anticipated pandemic relief bill. At the present time, most leading cannabis stocks like TerrAscend Corp. (TRSSF Stock Report) have been consolidating at a higher base after reaching new highs in the first week of December. In the U.S. the cannabis industry has managed to thrive in a growing market that has seen 39 states now have some form of legal cannabis. This includes 15 states and the District of Columbia which have established adult recreational use marijuana.

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For the most part revenue growth has been substantial for leading cannabis companies in 2020. In fact, most Americans have said in recent polling that they have increased their cannabis consumption during the pandemic. Although the illicit market still continues to have a substantial portion of the market the convenience of local cannabis dispensaries has brought black market consumers in for 2020. As a result, in recent reporting cannabis sales have grown tremendously. Additionally, many of the top marijuana companies have continued to expand through M&A’s adding to their portfolios of retail locations. But how much higher can these top…

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The Growing Cannabis Industry

As the last trading week of the year kicks off most leading marijuana stocks have continued to see some gains in the market. Currently, market sentiment is off to a positive start in early action with the signing by Trump of a highly anticipated pandemic relief bill. At the present time, most leading cannabis stocks like TerrAscend Corp. (TRSSF Stock Report) have been consolidating at a higher base after reaching new highs in the first week of December. In the U.S. the cannabis industry has managed to thrive in a growing market that has seen 39 states now have some form of legal cannabis. This includes 15 states and the District of Columbia which have established adult recreational use marijuana.

[Read More]

For the most part revenue growth has been substantial for leading cannabis companies in 2020. In fact, most Americans have said in recent polling that they have increased their cannabis consumption during the pandemic. Although the illicit market still continues to have a substantial portion of the market the convenience of local cannabis dispensaries has brought black market consumers in for 2020. As a result, in recent reporting cannabis sales have grown tremendously. Additionally, many of the top marijuana companies have continued to expand through M&A’s adding to their portfolios of retail locations. But how much higher can these top…



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