Looking For Top Marijuana Stocks In June? 3 For Watchlist Next WeekPosted by On


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Jun 06, 2021 (Marijuana Stocks via COMTEX) —
Cannabis Industry Growth And Marijuana Stocks In 2021

Top marijuana stocks in 2021 represent one of the fastest-growing markets in the US. With most US cannabis companies delivering strong financials in the first quarter most expect to see much higher sales revenue this year. In Illinois, adult-use sales have increased 163% from the prior year to $116.4 million. According to a BDSA report, several states are showing record sales in April as demand continues growing in the US.

Unfortunately for cannabis investors, this has not translated into gains in the market in the top cannabis stocks to buy. Since reaching a new high in February the cannabis sector has seen a steep decline in market value that has lasted over 3 months. So far during the first week in June, many leading marijuana stocks to invest in are beginning to show some upside in trading.

In 2021 the one catalyst that has moved the cannabis sector higher is marijuana reform and legalization. Recently lawmakers reintroduced the MORE Act which could be the bill that leads to a new federal policy on cannabis. Undoubtedly this would be a game-changing event for the cannabis industry and could usher in higher levels for marijuana stocks. There are currently some marijuana stocks that could have significant upside with new federal policy established…

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The MarketWatch News Department was not involved in the creation of this content.

Jun 06, 2021 (Marijuana Stocks via COMTEX) —
Cannabis Industry Growth And Marijuana Stocks In 2021

Top marijuana stocks in 2021 represent one of the fastest-growing markets in the US. With most US cannabis companies delivering strong financials in the first quarter most expect to see much higher sales revenue this year. In Illinois, adult-use sales have increased 163% from the prior year to $116.4 million. According to a BDSA report, several states are showing record sales in April as demand continues growing in the US.

Unfortunately for cannabis investors, this has not translated into gains in the market in the top cannabis stocks to buy. Since reaching a new high in February the cannabis sector has seen a steep decline in market value that has lasted over 3 months. So far during the first week in June, many leading marijuana stocks to invest in are beginning to show some upside in trading.

In 2021 the one catalyst that has moved the cannabis sector higher is marijuana reform and legalization. Recently lawmakers reintroduced the MORE Act which could be the bill that leads to a new federal policy on cannabis. Undoubtedly this would be a game-changing event for the cannabis industry and could usher in higher levels for marijuana stocks. There are currently some marijuana stocks that could have significant upside with new federal policy established…



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