The MarketWatch News Department was not involved in the creation of this content.
Apr 26, 2021 (Marijuana Stocks via COMTEX) —
This Week Watching Cannabis Stocks In The Market
To start the last week of April some of the best marijuana stocks to buy are showing some upward momentum in the market. While the month of April has delivered substantial losses to most of the top marijuana stocks to buy in the cannabis sector there could be a turnaround in momentum this week. In 2021 there are some general events that could become major catalysts for top cannabis stocks to see gains in the market.
For one The SAFE Banking Act has made its way to Senate and could be the jump-start the sector needs to start climbing in the market. In addition, more states continue to legalize recreational cannabis expanding the market with the addition of these cannabis sales to market. In 2020 most leading cannabis companies showed substantial growth in revenue and expanded their presence with additional dispensaries.
As the market continues to grow so do the chances of cannabis stocks producing gains in the market. Building a marijuana stock list before May is a good way to see potential gains in the sector. Currently, most marijuana stocks are trading near their lowest market values in 2021. One area that is known for market volatility but also has produced the most gains in 2021 is marijuana penny stocks.
Investing Cannabis Penny Stocks In 2021
…
Original Author Link click here to read complete story..
The MarketWatch News Department was not involved in the creation of this content.
Apr 26, 2021 (Marijuana Stocks via COMTEX) —
This Week Watching Cannabis Stocks In The Market
To start the last week of April some of the best marijuana stocks to buy are showing some upward momentum in the market. While the month of April has delivered substantial losses to most of the top marijuana stocks to buy in the cannabis sector there could be a turnaround in momentum this week. In 2021 there are some general events that could become major catalysts for top cannabis stocks to see gains in the market.
For one The SAFE Banking Act has made its way to Senate and could be the jump-start the sector needs to start climbing in the market. In addition, more states continue to legalize recreational cannabis expanding the market with the addition of these cannabis sales to market. In 2020 most leading cannabis companies showed substantial growth in revenue and expanded their presence with additional dispensaries.
As the market continues to grow so do the chances of cannabis stocks producing gains in the market. Building a marijuana stock list before May is a good way to see potential gains in the sector. Currently, most marijuana stocks are trading near their lowest market values in 2021. One area that is known for market volatility but also has produced the most gains in 2021 is marijuana penny stocks.
Investing Cannabis Penny Stocks In 2021
…
