As we head into the last trading week of January top marijuana stocks could have another breakout week in the market. In reality, most cannabis stocks have delivered substantial gains since the start of 2021. Currently, investors are looking for the best pot stocks to invest in right now. But with the market reaching new highs and marijuana stocks trading near their highest valuations, is now the time to start a position? Although there could be an opportunity to invest in the cannabis industry at lower entry points, many analysts predict top pot stocks could continue gaining momentum.
At the present time, analysts are predicting the U.S cannabis market could see sales of $24 billion in 2021. Considering last year’s estimates are between $15-$16 billion in 2020 substantial growth in the U.S. is expected for this year. In essence, this could stimulate revenue growth for the best marijuana companies in the U.S. Most have already shown strong revenue growth in 2020 if this continues into 2021 top marijuana stocks could potentially continue building momentum. As new markets emerge like the recreational market in Arizona and New Jersey the best-positioned cannabis companies will wreak the benefits.
Currently, these cannabis stocks could continue to perform in the market adding to the substantial gains the cannabis sector has…
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As we head into the last trading week of January top marijuana stocks could have another breakout week in the market. In reality, most cannabis stocks have delivered substantial gains since the start of 2021. Currently, investors are looking for the best pot stocks to invest in right now. But with the market reaching new highs and marijuana stocks trading near their highest valuations, is now the time to start a position? Although there could be an opportunity to invest in the cannabis industry at lower entry points, many analysts predict top pot stocks could continue gaining momentum.
At the present time, analysts are predicting the U.S cannabis market could see sales of $24 billion in 2021. Considering last year’s estimates are between $15-$16 billion in 2020 substantial growth in the U.S. is expected for this year. In essence, this could stimulate revenue growth for the best marijuana companies in the U.S. Most have already shown strong revenue growth in 2020 if this continues into 2021 top marijuana stocks could potentially continue building momentum. As new markets emerge like the recreational market in Arizona and New Jersey the best-positioned cannabis companies will wreak the benefits.
Currently, these cannabis stocks could continue to perform in the market adding to the substantial gains the cannabis sector has…