Best Cannabis Stocks In The US Market
Are you looking for the best ways to invest in top marijuana stocks? At the present time, many of the top cannabis stocks to buy are trading near their lowest market values this year. US pot stocks have experienced 8 months of declines while Congress continues to delay federal marijuana legalization. In the past month, the House has passed federal cannabis legalization and banking reform, but the bills continue to be held up in the Senate. In 2021 federal legalization has been the major catalyst for the cannabis sector.
Marijuanastocks.com – MarijuanaStocks
Although many leading cannabis companies are reporting strong revenue growth this has not caused any upside in the market. But it does show a strong performance for the US cannabis industry. According to a recent BDSA report, US cannabis sales are forecast to surpass $24 billion in 2021. Additionally, by 2026 US cannabis sales are forecast to reach $47.6 billion.
Because it seems top pot stocks are not currently reflecting this growth in their trading levels this could be an opportunity for cannabis investors. On the state level, the cannabis market continues to grow rapidly, and these companies are expanding quickly using M&As to build a larger footprint. Also, US cannabis companies have now surpassed Canadian LPs as the largest revenue-producing companies. Now some have also begun to expand into the global market.
Finding The Best Positions In The Cannabis Sector
Before investing in pot stocks, it’s important to do your research into a company to find the best-performing options. In general, looking into a company’s earnings and studying how a stock moves in the market can help you make the best trading decisions. Because cannabis stocks are known for having significant market volatility it’s important to establish the best entry for