Top Marijuana Stocks To Watch For Long-Term Investing in 2021Posted by On


Cannabis Stocks Heading Into February 2021

Marijuana stocks saw some pullback in last week’s trading giving investors a chance to find some top cannabis stocks at lower market value. Currently, the stock market has had some issues with investor restrictions on the popular Robinhood app and some marijuana stocks have been affected.  On Friday, January 29th popular pot stocks like Sundial Growers Inc. (NASDAQ: SNDL) saw buying restrictions during the trading day ultimately hindering how the stock performed that day.

At the present time, Robinhood is seeing the backlash from the restrictions it placed on some stocks and the SEC is investigating the matter. As we head into February most marijuana stocks have established new highs in 2021 during the first 3 weeks of trading in January. Actually, this could be a marker as to where some of these pot stocks could go with better market sentiment.

In reality, cannabis stocks have had substantial upward momentum since the presidential election in November. In addition, most cannabis companies have expanded in 2020 and have begun 2021 growing their presence in key cannabis markets across the U.S. Because of recent expansions most top marijuana companies are expecting increases in revenue during 2021. In essence, this could translate to more gains in the stock market as things progress.

Marijuana Stocks And Market…

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Cannabis Stocks Heading Into February 2021

Marijuana stocks saw some pullback in last week’s trading giving investors a chance to find some top cannabis stocks at lower market value. Currently, the stock market has had some issues with investor restrictions on the popular Robinhood app and some marijuana stocks have been affected.  On Friday, January 29th popular pot stocks like Sundial Growers Inc. (NASDAQ: SNDL) saw buying restrictions during the trading day ultimately hindering how the stock performed that day.

At the present time, Robinhood is seeing the backlash from the restrictions it placed on some stocks and the SEC is investigating the matter. As we head into February most marijuana stocks have established new highs in 2021 during the first 3 weeks of trading in January. Actually, this could be a marker as to where some of these pot stocks could go with better market sentiment.

In reality, cannabis stocks have had substantial upward momentum since the presidential election in November. In addition, most cannabis companies have expanded in 2020 and have begun 2021 growing their presence in key cannabis markets across the U.S. Because of recent expansions most top marijuana companies are expecting increases in revenue during 2021. In essence, this could translate to more gains in the stock market as things progress.

Marijuana Stocks And Market…



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