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July 1, 2021 5 min read
This story originally appeared on MarijuanaStocks
Top Pot Stocks In Q3 2021
Currently, many investors are asking themselves, is there still an opportunity to invest in top marijuana stocks in 2021? As it stands the cannabis sector has seen months of declines until it began to turn around in June. Now as we start July the US cannabis market is currently the center of attention and it seems most of the world is waiting for federal cannabis reform in 2021.
At the present, it seems many lawmakers are pushing some form of federal cannabis reform and legalization in 2021. This could further enhance the speed at which the top US cannabis companies build their market share. So far in 2021 American cannabis companies have delivered some very strong earnings that solidify their performance over their Canadian counterparts. In the first quarter, many top marijuana companies reported significant gains in revenue that did not translate into market gains for US pot stocks.
Instead, it seems that US cannabis stocks have continued to consolidate at current trading levels. In June some modest upside has begun and could be the start of a rebound for top marijuana stocks right now. In the second quarter, top cannabis stocks reached their lowest trading prices so far in 2021. Now, these lower levels may present new investors with better entry points for their investments.
Investing In The Best Cannabis Stocks In 2021
At the present time, many analysts are predicting some more upside for top cannabis stocks from these levels. For investors, it’s important to always do your due diligence before making an investment.