Best Marijuana Stocks To Buy In May 2021? 2 For Your Watchlist This WeekPosted by On


Observing How The Stock Market Reacts This Week

This week is a busy week in the stock market and could affect top marijuana stocks to buy. During the third week in May, we have significant earnings being reported, new economic data, and the Federal Reserve discussion about inflation concerns. All these can have a heavy impact on market sentiment so there could be some market volatility later on during the week. In recent months the best cannabis stocks to invest in have seen a sharp decline in market value.

As a result, many leading pot stocks are possibly trading at better price points to start an investment. In the US cannabis companies are delivering first-quarter earnings that show how rapidly the American market is scaling. One sector that has delivered tremendous growth for investors is ancillary marijuana stocks. After significant growth in 2020, these pot stocks have continued to perform well for investors in 2021.

In fact, ancillary marijuana stocks have shown much more stability in the market when compared to vertically integrated cannabis stocks. With more states legalizing cannabis, the industry is expanding across the nation rapidly. In the next five years, a recent BDSA forecast predicts global cannabis sales will grow from $21.3 billion in 2020 to $55.9 billion in 2026. This shows significant growth potential for the next few years.

Top Marijuana Stocks For Long Term Investing

Although last week the cannabis sector began to recover this week, we have many…

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Observing How The Stock Market Reacts This Week

This week is a busy week in the stock market and could affect top marijuana stocks to buy. During the third week in May, we have significant earnings being reported, new economic data, and the Federal Reserve discussion about inflation concerns. All these can have a heavy impact on market sentiment so there could be some market volatility later on during the week. In recent months the best cannabis stocks to invest in have seen a sharp decline in market value.

As a result, many leading pot stocks are possibly trading at better price points to start an investment. In the US cannabis companies are delivering first-quarter earnings that show how rapidly the American market is scaling. One sector that has delivered tremendous growth for investors is ancillary marijuana stocks. After significant growth in 2020, these pot stocks have continued to perform well for investors in 2021.

In fact, ancillary marijuana stocks have shown much more stability in the market when compared to vertically integrated cannabis stocks. With more states legalizing cannabis, the industry is expanding across the nation rapidly. In the next five years, a recent BDSA forecast predicts global cannabis sales will grow from $21.3 billion in 2020 to $55.9 billion in 2026. This shows significant growth potential for the next few years.

Top Marijuana Stocks For Long Term Investing

Although last week the cannabis sector began to recover this week, we have many…



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