In a year that saw record-breaking volatility, cannabis stocks were standout performers. The rapidly growing marijuana industry is beginning to mature in North America, and investors are finally getting a glimpse of what the green rush is capable of.
As we move into a new year, growth shows little signs of slowing. In 2021, the 10 fastest-growing marijuana stocks are expected to deliver sales growth ranging from 60% on the low end to as much as 176% on the high end. Let’s take a brief look at these rapidly growing pot stocks.
Image source: Getty Images.
1. Jushi Holdings: 176.2% estimated sales growth
Small-cap multistate operator (MSO) Jushi Holdings (OTC:JUSHF) is expected by Wall Street to take the crown as the fastest-growing marijuana stock in 2021. Jushi, which is predominantly focused on the limited license states of Pennsylvania, Virginia, and Illinois, should benefit from new store openings in Virginia, substantial organic growth in Pennsylvania, and limited competition in these three core states. The company has offered sales guidance of $205 million to $255 million this year, but shouldn’t have any trouble coming in closer to the high end of this estimate.
2. Columbia Care:…
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In a year that saw record-breaking volatility, cannabis stocks were standout performers. The rapidly growing marijuana industry is beginning to mature in North America, and investors are finally getting a glimpse of what the green rush is capable of.
As we move into a new year, growth shows little signs of slowing. In 2021, the 10 fastest-growing marijuana stocks are expected to deliver sales growth ranging from 60% on the low end to as much as 176% on the high end. Let’s take a brief look at these rapidly growing pot stocks.
Image source: Getty Images.
1. Jushi Holdings: 176.2% estimated sales growth
Small-cap multistate operator (MSO) Jushi Holdings (OTC:JUSHF) is expected by Wall Street to take the crown as the fastest-growing marijuana stock in 2021. Jushi, which is predominantly focused on the limited license states of Pennsylvania, Virginia, and Illinois, should benefit from new store openings in Virginia, substantial organic growth in Pennsylvania, and limited competition in these three core states. The company has offered sales guidance of $205 million to $255 million this year, but shouldn’t have any trouble coming in closer to the high end of this estimate.
