A new year is arriving and marijuana stocks have been giving cannabis investors a phenomenal return on their investment. In 2020 the cannabis sector has performed well under current economic and market constraints and continues gaining in the market. In fact, top cannabis stocks like Green Thumb Industries Inc. (GTBIF Stock Report) continue to make new highs on a daily basis as it climbs in the market. In addition, Green Thumb has also had record revenue in its latest Q3 2020 financials. For the most part, many U.S. cannabis companies have displayed similar market trends. At the present time, the U.S. cannabis market looks like it could continue growing next year. In fact, many leading marijuana companies have given guidance that shows a further increase in revenue for 2021.
With this in mind finding the right marijuana stock for your portfolio has recently become more difficult with pot stocks reaching recent highs in the market. Currently, at these recent price levels, some pot stocks to watch could still be considered a good value. In fact, many analysts believe most stock prices will only continue higher in 2021. But because of the market volatility that cannabis stocks have displayed in the past cannabis investors are cautious moving forward.
How Will Cannabis Stocks Perform In 2021?
Some analysts say 2020 is the beginning of…
Original Author Link click here to read complete story..
A new year is arriving and marijuana stocks have been giving cannabis investors a phenomenal return on their investment. In 2020 the cannabis sector has performed well under current economic and market constraints and continues gaining in the market. In fact, top cannabis stocks like Green Thumb Industries Inc. (GTBIF Stock Report) continue to make new highs on a daily basis as it climbs in the market. In addition, Green Thumb has also had record revenue in its latest Q3 2020 financials. For the most part, many U.S. cannabis companies have displayed similar market trends. At the present time, the U.S. cannabis market looks like it could continue growing next year. In fact, many leading marijuana companies have given guidance that shows a further increase in revenue for 2021.
With this in mind finding the right marijuana stock for your portfolio has recently become more difficult with pot stocks reaching recent highs in the market. Currently, at these recent price levels, some pot stocks to watch could still be considered a good value. In fact, many analysts believe most stock prices will only continue higher in 2021. But because of the market volatility that cannabis stocks have displayed in the past cannabis investors are cautious moving forward.
How Will Cannabis Stocks Perform In 2021?
Some analysts say 2020 is the beginning of…
