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August 27, 2021 5 min read
This story originally appeared on MarijuanaStocks
Best Marijuana Stocks In 2021
Are you looking for ways to invest in top marijuana stocks in September? The best cannabis stocks to invest in are trading at lower price points right now. After six months of declines many pot stocks are trading near the lowest market values, they have experienced in 2021. One area of the cannabis sector that delivered gains in the first quarter of 2021 is marijuana penny stocks.
Known for significant market volatility penny stocks are considered high-risk investments. Because of the nature of these investments, many traders prefer using short-term methods like day trading and swing trading for cannabis penny stocks. Other areas of the cannabis market could also be positioned to rebound in the market. Initially, in the first quarter of 2021, the Canadian cannabis stocks shot up in value until almost mid-February.
Since this time most have sustained substantial losses in value. For these levels, these marijuana stocks could produce significant upside in the future. In Canada, the top cannabis companies continue to improve their balance sheets. Although they have not managed to outperform US cannabis companies, they continue to show growth in recent earnings. As the cannabis industry grows rapidly the best-positioned companies will gain market share.
Understanding The Cannabis Market and To Pot Stocks In 2021
Before investing in pot stocks in September there are a few important factors to consider. For one the best cannabis stocks to invest in right now are known for significant market volatility. Due to this volatility, many investors prefer trading these cannabis stocks on a short-term basis.