June 28, 2021 6 min read
This story originally appeared on MarijuanaStocks
Top Pot Stocks As June Ends
Are you looking for different ways to invest in marijuana stocks in July? After months of consolidating at lower market levels, June has shown some upside for many top cannabis stocks to invest in. So, can top marijuana stocks to buy reach the highs they achieved in February? Currently, that depends on which area of the cannabis industry you’re researching. In the US leading cannabis companies have been delivering strong revenue growth for the first quarter of 2021.
In addition, most have also given large increases in revenue guidance for this year as well. But these companies have not seen their earnings translate into market gains in the first quarter. Since the start of 2021, the only momentum booster for the cannabis sector is federal reform and legalization. Last week state marijuana regulators met with federal officials and lawmakers from congress to discuss the impact of national legalization and other cannabis policy changes on local programs.
In addition, lawmakers on Capitol Hill have also introduced a few cannabis reform legislation in Congress. This is with the hope one will make it through the voting process. Meanwhile, on the state level, more legalizations are occurring. New states have opened legal cannabis markets adding more markets for cannabis companies to grow in.
Buying The Best Cannabis Stocks In The Summer
At any rate, this summer could be monumental for the cannabis industry in terms of federal reform. For investors, these lower stock prices and improving market value could signal a comeback for the cannabis sector. Starting a position from current levels could deliver significant returns in 2021. Investors looking for marijuana stocks right now should research different options for